Petrochemicals
Eastman finishes retrofit, startup of newly-acquired plasticizer plant in Texas
Eastman Chemical has completed the retrofit and startup of its non-phthalate plasticizer manufacturing facility in Texas City, Texas. Eastman, which purchased the former Sterling Chemicals plant in mid-2011, said further capacity additions were possible with minimal investment.
BASF to build formic acid plant at Louisiana facility
BASF announced Friday that it will build a new production plant for formic acid at its integrated Verbund site in Geismar, Louisiana. The new 50,000 tpy plant is expected to start up in the second quarter of 2014. Investment terms for the project were not disclosed.
Westlake Chemical withdraws bid for Georgia Gulf
Westlake Chemical said Friday that it is withdrawing its proposal to acquire US vinyls and aromatics company Georgia Gulf after failing to strike an agreeable deal. Westlake told Georgia Gulf that it does not intend to continue to pursue a deal. The proposal was first made in January.
Eastman picks Shaw for technology, engineering on Texas ethylene furnace
The Shaw Group was awarded a contract to provide proprietary technology and engineering services for a new ultra-selective conversion (USC) furnace for Eastman Chemical’s ethylene plant in Longview, Texas. A Shaw official attributed the rise in US business activity to recent developments in shale gas.
Reliance taps Fluor for project management in India on downstream expansions
Reliance Industries has selected Fluor to perform project management services for projects being executed at its world-scale Jamnagar refining and petrochemical complex on the west coast of India in Gujarat. The proposed coke gasification facility is among the largest-such projects ever built.
BASF acquires Brazil polyamide polymer business
BASF on Thursday struck a deal to buy the polyamide (PA) polymer business of Mazzaferro Group in Brazil. The deal includes the site and production facilities for the PA 6 product range, as well as engineering plastics compounds at São Bernardo do Campo in the metropolitan area of São Paulo.
Enterprise to raise Texas propane export capacity
In response to increased demand for propane from international markets, Enterprise has started a debottlenecking project on its existing export facility to increase propane export capacity by up to an additional 100,000 bbl per month. The work is expected to be completed by June 30, 2012.
Air Products inks hydrogen supply pact with Motiva for Louisiana refinery
Air Products will supply additional hydrogen to be used by Motiva's 235,000 bpd Convent refinery in Louisiana under a long-term agreement with Motiva Enterprises, the joint venture between Shell and Saudi Aramco. The company's new Gulf Coast hydrogen pipeline network will be operational in 2012.
Control moisture problems in slurry-based polyolefin operations
Proper moisture removal from the polymerization-reaction medium is key to successfully operating a HDPE plant designed on low-pressure, slurry-process technology.
2012 petrochemical outlook: Middle East
Most of the Middle Eastern countries are looking to expand further into downstream petrochemicals as opposed to exporting the building blocks.
- 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
