Petrochemicals
HP Construction: Asia-Pacific
KBR was awarded a license and process-design package contract for a new olefins-recovery unit in Yulin, Shaanxi Province, China.The client owns an existing commercial plant of coal-to-olefins, which w..
South America: Argentina
For nine consecutive years (2003–2011), the Argentinean gross domestic product (GDP) continued to increase at an impressive annual rate of 7% to 8%. However, this trend was expected to change in ..
Europe: Germany
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
Asia: China
The International Monetary Fund (IMF) announced in its January 2012 “World Economic Outlook” that the global GDP growth rate was 3.8% in 2011. However, Asian-Pacific nations bucked this tren..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
South America: Brazil
Brazil’s economic improvement was remarkable over the past decade, following many years of slow growth. On average, the Brazilian gross output of goods and services increased at an annual average..
Asia: India
The Indian economy has come a long way since the 1991 economic reforms. A decade and a half of economic reform and globalization is yielding returns that cut across all income groups. The domestic eco..
Asia: Japan
The Japanese economy showed steady recovery for 2003–2007. However, due to the global recession in late 2008, Japan’s GDP growth decreased to –1% in 2008 and to –5.5% in 2009. Due ..
Europe: United Kingdom
The United Kingdom (UK) is Europe’s fourth largest chemical economy, after Germany, France and Italy. It accounts for 8% of the European Union’s (EU’s) $900 billion overall chemical pro..
AkzoNobel to raise Middle East coatings output by expanding Kanoo venture
Under the terms of the new expanded agreement, AkzoNobel will offer products in its performance coatings portfolio, including professional woodcare, automotive refinish, marine, yacht, fire protection, protective and powder coatings. The old deal only covered coil and packaging coatings.
- EPA finalizes historic new renewable fuel standards to strengthen American energy security 3/30
- Australia’s biggest LNG plants suffer outages due to cyclone, straining global supply 3/27
- Iran war chokes petrochemical supply, sends plastic prices soaring 3/27
- Stockholm Exergi taps Inprocess to deliver advanced process simulator for BECCS project 3/27
- Japan to relax rules from April to boost coal-fired power amid LNG import risks 3/27
- Velan releases upgrades to its delayed coker isolation valves 3/27
