Petrochemicals

Dow releases statement on AP story regarding chlorpyrifos

MIDLAND, Mich. – Dow Chemical responded to an Associated Press story about the company reaching out to the Trump administration about certain pesticides. The company released the following statement.

Oman plans IPOs for downstream energy firms

ABU DHABI (Reuters) -- Oman plans to offer shares in some state-owned downstream energy companies to the public, partly to raise money as low oil prices pressure its finances, Omani Oil and Gas Minister Mohammad bin Hamad al-Rumhy said on Thursday.

Bechtel awarded two contracts for petchem project in Egypt

HOUSTON -- Bechtel, a company in engineering, procurement, and construction, announced that the company has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new polypropylene units at an adjacent site. In its project management role, Bechtel will have oversight of project execution and contractor performance on what will be the largest petrochemicals complex in Egypt.

IRPC '17: Refinery/petrochemical integration creates operational efficiencies

Blume, Adrienne, Hydrocarbon Processing Staff

NEW DELHI, INDIA—During Day 2 of IRPC 2017, Ashish Logani, Principal Process Engineer at Fluor, shared insights on how to overcome the challenges associated with integrating petrochemicals production and refining operations.

ExxonMobil, SABIC select location for proposed petchem project on US Gulf Coast

HOUSTON -- ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the US Gulf Coast.

IRPC '17: WoodMac Director sees demand pull shifting from China to India

Blume, Adrienne, Hydrocarbon Processing Staff

NEW DELHI, INDIA—Sushant Gupta, Research Director of Asia-Pacific Refining for Wood Mackenzie, opened the plenary session of IRPC 2017 with a global view of the future of the refining and petrochemicals sectors.

Williams Partners to sell stake in petchem plant for $2.1 B

(Reuters) -- Pipeline operator Williams Partners LP said it would sell its stake in a unit that owns 88.46% of an olefins plant in Louisiana to Nova Chemicals for $2.1 B in cash.

Japan March petchem naphtha imports rise 14% y/y

TOKYO (Reuters) -- Japan's naphtha imports for the petrochemical sector rose 14% in March from the same month a year earlier, government figures showed on Friday.

Nitrous gases briefly released at BASF plant after breakdown

BERLIN (Reuters) -- German chemicals company BASF said it had shut down one of its facilities at its main Ludwigshafen site after a breakdown at the facility led to a brief release of nitrous gases (NOx).

Oiltanking acquires terminal in Texas City

HOUSTON — Oiltanking North America, LLC announced the acquisition of the Oiltanking Galveston County (OTGAL) terminal.