Petrochemicals

Indonesia: Cut gas prices for petrochemical, fertilizer industries in 2017

JAKARTA (Reuters) -- Indonesia on Tuesday told energy companies to cut natural gas prices for fertilizer, steel and petrochemical industries starting Jan. 1, 2017, in a renewed effort to bring down domestic gas prices.

Alberta petrochemical projects get $378 MM royalty credits

CALGARY, Alberta (Reuters) -- The Canadian oil-producing province of Alberta will offer $377.84 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy.

Brazil's Braskem close to leniency deal in US, Brazil

SAO PAULO (Reuters) -- Brazil's petrochemical company Braskem SA said in a securities filing on Friday it was "in advanced talks" with authorities in Brazil and the United States related to a corruption investigation known as "Operation Carwash."

BASF to increase price for diols and derivatives in North America

FLORHAM PARK, NJ, – Effective Jan. 1, 2017 or as existing contracts permit, BASF will increase prices on its list and off-list prices in North America for 1,4-Butanediol (BDO) and derivatives.

Axens announces bid for petrochem group

Axens announces the launch today, of its takeover bid for the shares of Heurtey Petrochem group.

Japan's Idemitsu JV plans to expand LPG use at naphtha cracker

TOKYO (Reuters) -- Japan's Idemitsu Kosan said on Tuesday its JV with Mitsui Chemicals would conduct work to expand the processing of propane at Idemitsu's naphtha cracker to take advantage of cheap liquefied petroleum gas (LPG) prices.

Rockwell Automations analytics solutions scale from device through enterprise

Rockwell Automation is releasing expanded and scalable analytics offerings to help customers more quickly and easily gain insight from their investments in automation technology.

Braskem CEO watching if Trump presidency affects Mexican plant

Brazil's Braskem is watching to see if US President-elect Donald Trump's protectionist campaign talk affects its huge new plant in Mexico.

Petronas to help YHBS, Huchems develop petrochemical complex near Bintulu, Sarawak

Petronas will conduct a pre-feasibility study for a methanol plant in Bintulu, Sarawak and supply natural gas to Huchems’ proposed petrochemical plant in the same location.

Maire Tecnimont awarded EPC contract for HDPE unit at Pengerang Integrated Complex

Maire Tecnimont and China’s HuanQiu Contracting & Engineering Corp. have been awarded an EPC contract for a new HDPE unit at Petronas’ Pengerang Integrated Complex.