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Petrochemicals

Mitsui Chemicals mulls investment in US market

Low natural gas prices resulting from the US shale-gas boom are stimulating new investments in petrochemical plants there. "We're in talks with several companies," company president Toshikazu Tanaka told reporters. "The US is a very big market. We're interested."

Sabic, Vopak to jointly build Saudi Arabia chemical, downstream terminal

Once commissioned early 2015, the storage capacity of the petrochemical and downstream terminal will be about 250,000 cubic meters. The first phase will consist of around 40 commodity and specialty chemical storage tanks, complete with truck handling and ship loading facilities for five berths.

LyondellBasell to restore idled German LDPE line

Startup of the new line, out since January 2012, is targeted for mid-2013. The Wesseling LDPE line has historically been used to produce LDPE grades for healthcare applications. The company says restoration of this LDPE line will enhance its ability to supply an important market.

Methanex wins environmental approvals for plant relocation in Louisiana

The approval represents a key milestone for the project. With air permits now in place, construction on the Geismar site can commence, according to the company. Dismantling activities in Chile have progressed and the project remains on track to produce methanol by the end of 2014.

Sinopec, Huntsman agree to build propylene oxide, MTBE plant in Nanjing

Huntsman will own 49% of the joint venture, and Sinopec will own 51%. The facility will produce 550 mm lbs/year of PO and 1.6 billion lbs/year of MTBE at a capital cost of $750 million. It will be completed by the end of 2014 and it will utilize Huntsman's proprietary PO/MTBE manufacturing technology.

Sabic, Shell to expand Saudi petrochemical venture

Sabic said the two companies will jointly conduct studies for a styrene monomer propylene oxide, or SMPO, project and a polyols project before making a final decision. The firms said they also agreed to explore international petrochemical opportunities beyond Sadaf and Saudi Arabia.

BASF to build emulsion polymers plant in Texas

With the new plant in Freeport, Texas, BASF believes it will be able to better serve the coatings, construction, adhesives, and paper industries by expanding the network of manufacturing locations and improve the backward integration of raw materials used in production.

Galata Chemicals opens India technical center for plastics additives R&D

The technical center offers a full range of analytical and testing capabilities in support of product and application development efforts as well as marketing and technical service for the area customers, according to Dr. Peter Frenkel, global director of technology and innovation for Galata Chemicals.

Reliance picks Foster Wheeler for engineering on India paraxylene expansion

Foster Wheeler’s scope includes detailed engineering, licensor coordination and procurement services for the new paraxylene plant. The project will be executed from the company's Indian and UK operations.

UOP licenses MTO technology to China's Shandong for coal-to-olefins project

China's Shandong Yangmei Hengtong Chemicals Co. Ltd. will use Honeywell UOP's advanced MTO process to convert methanol from gasified coal into ethylene and propylene, building block materials used in the production of films, packaging, plastics and other petrochemicals.