Polymers
HP Impact: Chemical industry execs look to the future
Chemical industry executives plan to soon use the significant cash on their balance sheets to pursue strategic acquisitions and new product developments to spur company growth, according to a survey r..
Petronas to exit vinyl business in Malaysia, Vietnam
Petronas Chemicals has three plants - two in Malaysia and one in Vietnam - which mainly manufactures vinyl chloride monomer and polyvinyl chloride with installed nameplate capacity of 680,000 tpy. The company said it will discontinue its vinyl business and cease operations by January 1, 2013.
HPI spending pegged for slight increase in 2013
Even with healthy predictions for expenditures, market players are remaining cautious when making decisions on key projects as they await regulatory clarity. The forecast breaks out capital spending to reach $57.6 billion and maintenance spending to reach $69 billion.
CB&I licenses technology to China coal group for new polypropylene project
The new plant will use the Novolen advanced gas-phase polymerization technology for the production of the full scope of polypropylene homopolymers, random copolymers and impact copolymers. The 200,000 tpy polypropylene project is expected to start up operations in 2014.
Lanxess picks Foster Wheeler for engineering on Singapore polybutadiene project
The new facility, which LANXESS says is expected to be the largest of its kind in the world, will be designed to produce 140,000 tpy of Nd-PBR and will include process and finishing buildings, a central control room, a substation and a tank farm. Financial terms were not disclosed by the companies.
Lubrizol to build resin, compounding plant in Texas
The additional capacity will serve Lubrizol building and construction customers on a global basis. Lubrizol says it projects continued strong global growth in its chlorinated polyvinyl chloride (CPVC) business, with particularly strong demand in India and other developing economies.
HP Impact: Increased coal-to-olefins processes in China
Increased coal-to-olefins processes in ChinaChina’s significant domestic supply of coal, combined with a domestic shortage of several key chemical feedstocks, especially ethylene and propylene, a..
HP Construction: Europe
Clariant has inaugurated what is said to be Germany’s biggest pilot plant for producing climate-friendly cellulose ethanol from agricultural waste. Located in Straubing, Bavaria, and supported by..
HP Construction: Asia-Pacific
Jilin Qianyuan Energy Development has selected Chemtex, along with Black & Veatch’s patented PRICO LNG technology, to deliver a major liquefied natural gas (LNG) facility. Expected to be complete..
Saudi Polymers starts up commercial operations at Al-Jubail complex
The new integrated facility includes 1.22 million tpy of ethylene capacity, about 1.1 million tpy of polyethylene, 440,000 tpy of propylene and 400,000 tpy of polypropylene.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
