Americas
Dow completes construction of ethylene production site in Texas
FREEPORT, Texas – The Dow Chemical Company announced the completion of the construction phase of its new ethylene production facility in Freeport, Texas. The Company reached this milestone within one week of the originally planned date, which was set approximately two years ago. Dow’s ethylene unit is now progressing through the commissioning phase, with start-up expected by mid-year.
AFPM IPC ’17: State of the Petrochemical Industry – A Wild Ride?
SAN ANTONIO -- The first morning of AFPM’s International Petrochemical Conference featured a session on the State of the Petrochemical Industry.
EIA: US crude oil exports went to more destinations in 2016
In 2016, US crude oil exports averaged 520,000 bpd, 55,000 bpd (12%) above the 2015 level, despite a year-over-year decline in domestic crude oil production. Even though oil exports have increased, growth in US crude oil exports has slowed significantly from its pace from 2013 to 2015, when annual US crude oil production grew rapidly.
CB&I awarded contract for Total ethane cracker project
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract valued at approximately $1.3 billion by Total Petrochemicals & Refining USA, Inc. to provide engineering, procurement and construction for an ethane cracker project located in Port Arthur, Texas.
Senators press Icahn on White House influence, business conflicts
WASHINGTON (Reuters) -- Several Democratic senators pressed billionaire investor Carl Icahn on Monday to clarify his role as an adviser to President Donald Trump, saying his position in the administration raised "alarming" questions about potential conflicts of interest with his stakes in the biofuels and pharmaceutical industries.
Total enters JV, plans ethane cracker and polyethylene unit builds in Texas
PARIS -- Total is entering a partnership with Borealis and Nova to form a JV with the aim of building an ethane steam cracker and a new Borstar polyethylene unit on the US Gulf Coast. Total is expected to hold a 50% interest in the new JV.
WorleyParsons awarded PMC services contract by Manaseer Group
WorleyParsons has been awarded a contract by the Manaseer Group. Under the contract, WorleyParsons will provide project management consulting services for a greenfield integrated potash and phosphate fertilizer complex in Jordan.
Asia refiners snap up cheap light oil to reap higher fuel profits
SINGAPORE/SEOUL (Reuters) -- As the cost of light crude drops, some refiners in Asia are snapping up cargoes of the oil that is easier and cheaper to process than their usual diet of heavy crude, chasing profits from making diesel and gasoline.
OPEC, non-OPEC to look at extending oil-output cut by six months
KUWAIT (Reuters) -- A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.
Native Americans to meet Norway's wealth fund watchdog over pipeline
OSLO (Reuters) -- Standing Rock Sioux tribe representatives will meet the ethics watchdog for Norway's $915 billion sovereign wealth fund on Monday over a US oil pipeline, a watchdog official said on Monday.
- Consortium creates world's first supply chain for the production of renewable plastics 2/6
- Valmet to deliver advanced process analytical solutions to Dow’s Path2Zero ethylene project 2/6
- Tampnet brings mission-critical connectivity to hydrocarbon processing industries 2/6
- Cheniere submits application to build massive LNG plant in Texas 2/6
- OQ and Kuwait Petroleum sign PDA for Duqm petrochemical complex project 2/6
- Phillips 66 to lay off workers as Los Angeles (U.S.) refinery shuts down 2/6
