Petrochemicals
Valspar acquires Canadian coatings firm Madison Chemical Industries
Madison has developed a global reputation for its products used for critical infrastructures such as water transmission pipelines, water and wastewater management, and potable water storage.
Praxair to supply hydrogen at Repsol Peru refinery
The new steam methane reformer (SMR) will be constructed at Repsol’s La Pampilla Refinery, in the Callao district, near Lima, and is expected to start up in 2016.
Dow sells Angus Chemical to Golden Gate Capital
The divestiture of ANGUS includes the business headquarters and R&D facility in Buffalo Grove, Illinois; manufacturing facilities located in Sterlington, Louisiana, and Ibbenbueren, Germany; a packaging facility in Niagara Falls, New York; as well as the associated business, inventory and contracts.
Dow Chemical boosts planned divestments target nearly 50% by mid-2016
On track to complete its goal of realizing $4.5 billion to $6 billion in proceeds by year-end 2015, and with additional portfolio management actions underway, Dow is now increasing its divestiture target to $7 billion to $8.5 billion to be complete by mid-2016.
Momentive Chemicals to build two new Louisiana formaldehyde plants
Momentive will invest about $66 million in the construction of these new, world-scale formaldehyde plants primarily in 2014 and 2015, with capacity of more than 400,000 tpy.
Nexant, ChemVision form new alliance to support petrochemicals in Brazil
Together, ChemVision’s 30-plus years of regional work experience and Nexant’s extensive international capabilities provide a unique strategic collaboration that dramatically builds on the in-depth consulting services Nexant has provided to the Brazilian market for more than 30 years.
Huntsman opens new Mumbai headquarters for Indian subcontinent
The 220,000 square feet, seven-story building will initially house some 300 Huntsman associates, including over 100 technical staff spread across three floors of laboratory and research facilities.
Chevron Phillips plans polyalphaolefins expansion at Cedar Bayou plant
Final project approval for the Cedar Bayou complex in Texas would be sought in the second quarter of 2015, and project completion is targeted for 2016.
Environmental regulations: How much do they really cost?
Processors should instead grasp some understanding of the costs and benefits by asking themselves: “How much will these changes really cost, and what’s in it for me?”
An examination of three recent accidents in the downstream industry
With these accidents, has refining internationally fallen sub-standard in terms of safety? Such a question is likely best addressed by examining the existing HPI standard.
- BASF’s Intermediates division produces entire portfolio of acid chlorides and chloroformates at its Ludwigshafen site using renewable electricity credits 3/23
- LG Chem shuts down 800,000-tpy Yeosu naphtha cracker 3/23
- French Energy Ministry considers increasing oil refining capacity 3/23
- Schneider Electric global study shows energy industry ramping up investment in autonomous operations by 2030 as AI reshapes performance 3/23
- Middle East shock gives Dangote refinery leverage as cheap imports dry up 3/23
- HWI officially opens state-of-the-art Fulton (U.S.) lightweight monolithics facility 3/23
