Petrochemicals
Global PVC growth to continue, but new China capacity will limit op rates - report
Polyvinyl chloride (PVC) demand growth is forecast to continue in 2011, but the start-up of additional capacity in China will lead to global operating rates remaining low, according to a new report from US-based consultancy ChemSystems.
IHS acquires chemical consultancy CMAI
US-based information and analysis provider IHS announced this week that it has acquired consultancy Chemical Market Associates, Inc. (CMAI), a leading provider of market & business advisory services for the global petrochemical, specialty chemicals, fertilizer, plastics, fibers and chlor-alkali industries.
Total completes deep conversion at Port Arthur refinery, new units on-stream
Total on Thursday announced the completion of a three-year, $2.2 billion expansion of its Port Arthur refinery, with all new units successfully started and on-stream.
PPG to acquire Danish coatings firm Dyrup
PPG Industries said it signed a share purchase agreement to acquire Dyrup A/S, a European coatings company based in Copenhagen, Denmark, from public holding company Monberg & Thorsen. The total transaction value, including assumed debt, is around €135mn ($200mn).
Saudi Aramco chooses SNC-Lavalin JV for five-year engineering, project management deal
State-owned oil company Saudi Aramco has chosen SNC-Lavalin, together with its Saudi Arabian 50/50 joint venture partner The Zuhair Fayez Partnership, to perform general engineering and project management services (GES+) under a five-year reimbursable contract.
Linde to build large hydrogen plant with China JV
Linde will build and operate a large hydrogen and synthesis gas plant in the Chongqing Chemical Park in western China in a joint enterprise with Chongqing Chemical & Pharmaceutical Holding Co. (CCPHC), the engineering and technology firm announced.
PPG closes on $27mn deal for US chlor-alkali producer Equa-Chlor
US chemicals major PPG Industries announced that it completed its acquisition of certain assets of Equa-Chlor, Inc., a Washington-based producer of chlorine, caustic soda and muriatic acid.
Bayer invests $120mn in environmental, safety upgrades at Texas chemical site
Bayer MaterialScience will invest $120mn into environmental and safety improvements at its Baytown chemical site in Texas – the company’s largest US manufacturing facility.
Reduced US EIA budget prompts energy data cuts
Several energy data and analysis reports from the US Energy Information Administration (EIA) will soon be cut amid a reduced budget for the department, officials said.
LyondellBasell likely to raise US ethylene capacity, may build new cracker - CEO
Global petrochemicals major LyondellBasell is likely to raise its ethylene capacity at two US sites and is considering building a new cracker, CEO Jim Gallogly said on Monday.
- Maersk to use SAF to decarbonize airfreight travel 11/29
- Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar 11/29
- Traders using STS transfers near Senegal to export Russian naphtha to Brazil 11/29
- Mexican firefighters extinguish second fire in one week at Pemex refinery 11/29
- Australia's Ampol ends Lytton refinery repairs, provides output forecast 11/29
- Indonesia committed to introduce B40 biodiesel on Jan. 1 11/29
