Petrochemicals
UOP licenses coal-to-olefins process to China plant
It is the fourth licensing win for UOP's advanced MTO process technology. The technology allows petrochemical producers in China and elsewhere to tap cheaper coal and natural gas feedstocks, rather than liquefied petroleum gas or oil, to produce olefins to meet growing demand for petrochemicals.
BASF awards process engineering pact to Jacobs for Antwerp chemicals site
Under terms of the contract, Jacobs is providing process, piping and electrical/ instrumentation engineering services to the Antwerp chemicals site. Officials said the contract duration is three years.
Shell to expand Singapore petrochemical complex
Shell said the expansion will increase the plant's production capacity of alcohol ethoxylate. The investment comes at a time when the traditionally strong Asian petrochemical industry is seeing margins squeezed by a resurgence in investment in US petrochemical plants based on cheaper shale.
BASF taps Toyo as Asia-Pacific engineering partner for petrochemicals work
The three-year agreement covers basic engineering, detailed engineering, procurement, construction management, and other project-related services in the region's petrochemical and chemical sectors.
LyondellBasell to install NGL fractionators at Corpus Christi olefins site
The fractionation units will be capable of processing a combined 63,000 bpd of NGLs produced from the Eagle Ford shale. The company plans to buy ethane and propane produced at the units, using them as feedstocks for the adjacent Equistar olefins plant to produce ethylene and propylene.
SABIC plans new US ethane cracker, possibly more
Mohammed Al-Mady, CEO of SABIC, said the company is in talks with partners to invest in one or perhaps two projects. The plans for a new ethylene plant are based on an abundance of cheap ethane feedstock derived from the ongoing US shale boom. The company did not disclose a specific location.
KBR wins construction work for revamp, expansion of Texas ammonia furnace
KBR will provide turnaround construction and project management services for the shutdown, maintenance and retubing of the ammonia furnace scheduled to take place in August 2013. The plant turnaround services are expected to increase efficiencies and extend the operational life.
Linde to build gas purification, air separation units for Reliance at Jamnagar
Under the new deal, Linde's engineering division will supply four large air separation units (ASUs) for the production of gaseous oxygen. In addition, to treat the synthesis gas generated during this gasification process, Linde will deliver two RECTISOL acid gas removal units to Reliance.
Global chemical industry to see modest growth, driven by M&A activity
In its 2013 outlook, Deloitte finds that the financial influences of globalization, market maturation in China, and raw material trends will position M&A as an effective strategic tool.
Mitsubishi eyes new methanol complex in Trinidad
In the first phase, the proposed plant would produce 1 million tpy of methanol and 100,000 tpy of dimethyl ether. The partners expect to reach a final investment decision by March 2014 and start commercial operations by March 2017, the two Japanese companies said in a statement.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
