Petrochemicals
CB&I wins work on BASF Belgium butadiene project
This award, valued in excess of $50 million, builds on CB&I’s existing relationship with BASF as licensor of its butadiene technology, according to the companies. The plant is scheduled to start up during 2014.
Methanex awards plant engineering deal to Jacobs for Chile-to-US relocation
Jacobs is already executing site-specific engineering and construction management for the 225-acre location in Geismar, La. from its offices in Baton Rouge, with support for the disassembly from its office in Santiago, Chile. The plant is expected to be operational the second half of 2014.
Shell picks Jacobs as European downstream services provider
Under a five-year deal, Jacobs will perform work ranging from feasibility studies and small plant modifications to discrete projects for major Shell refining and chemical sites.
Invista, LanzaTech to jointly develop bio-butadiene
According to the deal, INVISTA and LanzaTech will collaborate on projects to develop one-step and two-step technologies to convert industrial waste gas carbon monoxide into butadiene, the companies said. Initial commercialization is expected in 2016. Investment terms were not disclosed.
Formosa shuts Taiwan styrene plant following fire
The facility, part of Formosa Chemicals' flagship Mailiao petrochemical complex in Yunlin county, produces intermediate petrochemicals for other units under the Formosa Group and for other small local customers. The fire the fire was extinguished within around half an hour after it started.
Celanese wins US lawsuit over Southern Chemical methanol supply dispute
The jury said the contract, under which Celanese has paid Southern Chemical about $130 million/year, should continue until its expiration, adding that Celanese did not violate the terms of the agreement. The contract, which expires in 2015, is valid for Celanese operations in the US and Mexico.
Huntsman eyes MDI expansion in Louisiana, begins engineering design study
The company said it is studying several options to expand the Geismar facility, thereby allowing it to meet strong demand in residential and commercial insulation and to maintain Huntsman’s position as a leading MDI supplier in the Americas region. Financial terms were not disclosed.
EU chemicals output shows monthly, yearly decline
Monthly data for May 2012 showed a 0.7% decline compared with May the year prior, according to figures from trade group Cefic. Industry confidence also deteriorated in May, based mainly on a strong weakening in managers' expectations for the months ahead.
PetroVietnam looks to Japan investors for energy, infrastructure projects
Projects that could be invested in include a liquefied natural gas storage facility, a petrochemical plant, power plants, a seaport and a shipyard, PetroVietnam said after an August conference with 130 Japanese groups.
Invista acquires Europe, Mideast licensing rights to PTA, PET technologies
In 2000, the ownership of intellectual property and licensing rights for the region transferred to a regional joint venture company established by INVISTA’s and La Seda’s predecessors. Until Wednesday, licensing had required collaboration between the two companies.
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