Petrochemicals
Mexichem-Pemex JV will not rebuild blast-damaged plant
MEXICO CITY (Reuters) — A joint venture between Mexican chemicals company Mexichem and state oil firm Pemex has decided not to rebuild a petrochemical plant in southeastern Mexico badly damaged in a deadly explosion last year, Mexichem said on Wednesday.
BASF, SINOPEC expand NPG production capacity in China
LUDWIGSHAFEN, Germany and NANJING, China — BASF and SINOPEC will expand the production capacity of Neopentylglycol (NPG) at the state-of-the-art Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China.
SABIC PP extrusion line now operational in The Netherlands
SABIC, a global leader in the chemical industry announced the start-up of its new Polypropylene (PP) extrusion facility in Geleen, The Netherlands.
Petrobras enters binding phase for sale of two fertilizer units
RIO DE JANEIRO (Reuters) — Brazil’s state-run oil company Petroleo Brasileiro said on Tuesday it has begun the binding phase for the sale of two fertilizer units, Araucaria Nitrogenados SA and Unidade de Fertilizantes Nitrogenados III.
Inter Pipeline to build Canada’s first integrated PDH, PP complex
CALGARY, Alberta — Inter Pipeline Ltd. announced that its board of directors has authorized the construction of a world-scale integrated propane dehydrogenation (PDH) and polypropylene (PP) plant.
Italmatch Chemicals acquires specialty chemicals company
GENOA, Italy — Italmatch Chemicals, a global specialty chemical group with leadership in the production and marketing of performance additives for industrial lubricants, water & process treatment, oil & gas, and plastics, has acquired Detrex Corporation, an American company headquartered in Cleveland (Ohio) and specialized, through its subsidiary The Elco Corporation, in the production of high performance lubricant additives, for industrial applications and high purity hydrochloric acid.
CTCI awarded contract for Petronas RAPID project
With years of cultivation and development in the Malaysia hydrocarbon market, CTCI contracted RAPID P1 RFCC Project of PETRONAS in 2014 with a contract value of $1 B.
TOYO launches ‘digital fertilizer’ for Indonesian plant
Toyo Engineering Corporation (TOYO, President and CEO Kiyoshi Nakao) has developed and launched the first “digital fertilizer” for the fertilizer plant owned and operated by PT Pupuk Sriwidjaja Palembang (PUSRI) in Palembang in South Sumatra, Indonesia as a subsidiary of state-owned Indonesian fertilizer company, PT Pupuk Indonesia.
Siluria Technologies, Wood launch technology converting offgas
SAN FRANCISCO, CALIFORNIA and ABERDEEN, SCOTLAND — Siluria Technologies, a leader in developing disruptive process technologies for the petrochemical and energy industries, and Wood (WG.L), a global leader in the delivery of project, engineering and technical services to energy and industrial markets, announce the availability of the Modus process technology for petroleum refiners.
Saudi Aramco lifts spending plans to $414 B over next decade
DAMMAM, Saudi Arabia (Reuters) — Saudi Aramco plans to raise its spending to $414 B over the next 10 yr, including on infrastructure and drilling, as the state oil giant moves into new businesses, executives said.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announces $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
