Americas
Murphy Oil completes US refinery sale to Calumet
Calumet Specialty Products has completed its previously-announced acquisition of Murphy Oil’s refinery and associated operating assets and inventories in Superior, Wisconsin, for about $442 million, subject to post-closing purchase price adjustments.
PolyOne to buy specialty additives firm ColorMatrix
US-based specialty polymers firm PolyOne has agreed to acquire ColorMatrix, a leading global innovator in liquid colorants, additives and fluoropolymers, in a deal worth $486 million.
Oxea raises syngas capacity by 10% at Texas plant
Global chemical producer Oxea has increased its manufacturing capacity for syngas by 10% at its plant in Bay City, Texas, it said on Monday, seeking to further optimize its value-adding chains and boost product availability.
Halliburton acquires oilfield service firm Multi-Chem
Energy products and services major Halliburton has completed its previously-announced acquisition of oilfield chemicals firm Multi-Chem. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business, the company said.
Dominion seeks US trade permission to export LNG
Dominion has filed with the US Department of Energy (DoE) for permission to use its Dominion Cove Point facility on the Chesapeake Bay in Lusby, Md., to export liquefied natural gas (LNG) to any country with which the US does not prohibit trade.
Enbridge expands N America crude pipeline access
Enbridge on Monday announced a pair of projects that will provide increased access for refineries in the US Midwest and in Ontario, Canada, to light crude oil produced in the western US and Canada.
Shell seeks shipper commitments for proposed Louisiana-to-Houston crude pipeline
Shell has started a non-binding solicitation of interest period for firm capacity on its proposed St. James to Houston pipeline project, known as the Westward Ho pipeline. The Westward Ho pipeline would enhance access to the anticipated increased domestic production of US Gulf of Mexico and foreign crude available at St. James, La., the company said.
US shale boom lifts petrochemical exports - report
The US shale gas exploration and production boom continues to fuel significant cost advantages for North American commodity chemicals producers as relative costs of natural gas and oil-based feedstocks remain far apart, according to a new report from credit-watch firm Fitch Ratings.
Braskem closes on deal for Dow polypropylene unit
Dow Chemical said on Friday that it closed on the $340 million sale of its global polypropylene (PP) business to Brazil-based Braskem. In addition to the transaction, which was first announced in July, the two companies said they would continue to evaluate potential future collaborations.
US grants $5m to Gevo to develop cellulosic jet fuel
Renewable chemicals and advanced biofuels firm Gevo received a $5 million grant from the US Department of Agriculture (USDA) for the development of biojet fuel from woody biomass and forest product residues.
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- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
