Petrochemicals
Petronas, LanzaTech agree to develop acetic acid from waste gases
In this collaboration, the two firms say they will work together to extend the technology to include carbon dioxide (CO2) containing gases from several sources, including refinery off gases and natural gas wells, to produce acetic acid. Investment terms were not disclosed.
Foster Wheeler to build packaging center for Saudi chemical complex of Sadara
The packaging center, expected to be completed in the second half of 2014, will serve as a logistics handling hub. The facility will handle packaging, storage and loading of chemical products and performance plastics for road and rail transport within Saudi Arabia and for export to overseas markets.
Clariant to expand production of dehydrogenation catalysts at Kentucky plant
The expanded production is planned to start up in September 2013. The catalysts are used in the petrochemical sector to produce C3- and C4-olefins from light paraffins (including butadiene) using the CATOFIN and CATADIENE technologies, exclusively licensed through CB&I.
Lanxess picks Foster Wheeler for engineering on Singapore polybutadiene project
The new facility, which LANXESS says is expected to be the largest of its kind in the world, will be designed to produce 140,000 tpy of Nd-PBR and will include process and finishing buildings, a central control room, a substation and a tank farm. Financial terms were not disclosed by the companies.
Dow Chemical agrees to market, sell products from Saudi Sadara venture
Products covered under the new agreement include polyethylene (PE), propylene oxide, polyether polyols, methylene diphenyl diisocyanate (MDI) and toluene diisocyanate (TDI) aromatic isocyanates, propylene glycol, butyl glycol ethers, amines and polyolefin elastomers.
OxyChem picks CB&I for engineering on proposed Texas ethane cracker
The scope of work for CB&I includes the basic engineering for the ethylene technology and five SRT (short residence time) cracking heaters from CB&I's Lummus Technology business unit. Feedstock for the proposed cracker is anticipated to be ethane derived from domestic shale gas.
Innospec makes takeover bid for US petrochemical company TPC Group
The TPC Group board of directors said it determined in good faith, after consultation with independent legal and financial advisors, that this offer could lead to a superior proposal. As such, the board said it will carefully consider and evaluate the non-binding proposal from Innospec in coming weeks.
Eni inks deal with Honam Petrochemical to develop Korean elastomers plant
The new site will use technologies of Eni's chemical subsidiary Versalis and will have a production capacity of about 200,000 tpy of elastomers, or elastic polymers, which will be delivered mainly to Asian markets. Start-up is planned for the end of 2015, according to the Rome-based company.
Lubrizol to build resin, compounding plant in Texas
The additional capacity will serve Lubrizol building and construction customers on a global basis. Lubrizol says it projects continued strong global growth in its chlorinated polyvinyl chloride (CPVC) business, with particularly strong demand in India and other developing economies.
Braskem Idesa awards engineering deal on Mexico Ethylene XXI project
The EPC contract was awarded to a joint venture made up of Odebrecht (40%), Technip (40%) and ICA Fluor (20%). The new petrochemical complex will include a 1.05 million tpy ethylene cracker and several integrated polyethylene (PE) plants. Ethylene XXI should begin operations in June 2015.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28
