Petrochemicals
Dow, Saudi Aramco finalize Sadara chemical JV; senior officials named
Dow Chemical and Saudi Aramco on Monday announced the official formation of Sadara Chemical Co. (Sadara), a joint venture between the two companies. First production units are expected to come on line in the second half of 2015. All units are expected to be up and running in 2016.
Solutia closes deal to buy Southwall Technologies
US-based specialty chemicals firm Solutia has completed its previously-announced acquisition of Southwall Technologies, a producer of energy-saving films and glass products for the automotive and architectural markets. The acquisition was completed on Monday with a merger of a subsidiary of Solutia into Southwall.
Süd-Chemie approves squeeze-out
At a general meeting held by Süd-Chemie AG, Munich, the transfer of all shares held by minority shareholders to the majority shareholder Clariant AG, Muttenz, Switzerland was approved.
BP, Indian Oil sign initial pact to build acetic acid plant in west India
BP and Indian Oil Corp. said Wednesday they have signed an initial agreement to form an equally owned joint venture to build a 1 million tpy acetic acid plant in western India.
Flint Hills celebrates 30 years in Corpus Christi
Since 1981, the year that Flint Hills Resources began operating in Corpus Christi, Texas, more than $3.1 billion in projects have been completed.
SABIC helps Hyundai's QarmaQ crossover go green
Saudi Basic Industries Corp. (SABIC) will take part in the 10th International Plastics and Petrochemicals Trade Fair to showcase its range of polymer solutions. A highlight of the SABIC pavilion will be Hyundai's QarmaQ crossover utility vehicle.
Energy minister urges Canada to diversify exports beyond US, include Asia
Canadian Energy Minister Joe Oliver said Friday the country must diversify its energy exports beyond the US to include Asia and China. He said Asian markets, in particular China, are ready buyers.
Eastman completes Netherlands resins expansion
Eastman Chemical said Friday that it has completed the expansion of its hydrogenated hydrocarbon resins facility in Middelburg, The Netherlands. With the expansion, the company has doubled capacity at the site since 2006.
US NGL production to rise over 40% by 2016 - study
US natural gas liquids (NGL) production is expected to increase more than 40% over the next five years, according to a new joint market study from BENTEK Energy and Turner, Mason & Company (TM&C). Current levels of NGL infrastructure are inadequate to handle the surge in NGL production and significant new investment is needed to relieve bottlenecks, according to the authors.
Praxair to supply oxygen for Uruguay pulp mill
Praxair has signed a 15-year contract to supply oxygen to a new pulp mill complex being built in Punta Pereira, in the department of Colonia, Uruguay. Praxair will build, own and operate a non-cryogenic vacuum-pressure-swing-adsorption (VPSA) plant with a capacity of 126 tpd of gaseous oxygen.
- 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
