Petrochemicals
PPG, Georgia Gulf merge commodity chemical units
Following completion of the deal, which is expected to occur in late 2012 or early 2013, the combined company is expected to have annual revenues of approximately $5 billion and be the third-largest chlor-alkali producer and second-largest vinyl chloride monomer producer in North America.
Vinachem to sell stake in $4.5 billion petrochemical project in Vietnam
Vietnamese media said earlier that the plant in Ba Ria Vung Tau province is scheduled to start commercial production in 2017. It will produce 1.4 million tpy of products, most of which will be sold in Vietnam.
Aker Solutions to supply MEG reclamation plant for Australia LNG project
The scope of work includes system engineering and supply of key equipment for the MEG plant and may include some further options. MEG is used to prevent hydrate formation in subsea pipelines.
PPG, Asian Paints to expand India coatings venture
PPG and APL will expand their current 50-50 joint venture, Mumbai-based Asian PPG Industries, to serve India’s industrial liquid, marine, consumer packaging and transportation coatings customers.
Solvay commissions new methane recovery facility at US trona mine
The methane recovery system (MaRS) captures methane liberated during the mining process that would otherwise be vented directly into the atmosphere and instead directs it to either be incinerated, or piped to the trona processing facility to recover the thermal energy via combustion.
INEOS licenses PE, PP technology to petrochemical project of Russia's Rosneft
All VNHK units will incorporate INEOS’ polymer technology advances and will ensure a competitive advantage for petrochemical complex customers in both domestic and global markets. Engineering work is now underway.
CB&I wins technology deal for Petronas Malaysia petrochemical units
CB&I was awarded a contract by Petronas for licensing and engineering design work on five petrochemicals units in Johor, Malaysia. Lummus Technology said it will provide technology for a steam cracker complex comprising ethylene, butadiene, benzene, isobutylene and MTBE units.
German chemical industry raises outlook for sales, producer prices in 2012
For 2012, the group expects prices to rise 2%, up from a May estimate of 1%, and sales to rise 2%, also up from 1%. Domestic demand and orders from the US and Asia should help offset weak European demand.
BP licenses PTA production technology to India firm JBF Petrochemicals
With the help of BP's technology, JBF intends to build a 1.25 million tpy unit at the Special Economic Zone in Mangalore, India, to produce PTA, the primary feedstock for polyesters used in textiles and packaging. JBF expects the Mangalore plant to come on stream at the end of 2014.
Lyondell to supply PP technology for Sibur in Russia
A SIBUR affiliate has selected the Spheripol process technology from LyondellBasell for a new 500,000 tpy single-line polypropylene (PP) plant to be built in Tobolsk, Russia. Start-up is scheduled for 2017.
- EPA finalizes historic new renewable fuel standards to strengthen American energy security 3/30
- The role of integrated biorefineries in achieving alternative fuel goals 3/30
- The entire Itabus fleet travels with Enilive HVO diesel biofuel 3/30
- Czech government agrees to release 100,000 tonnes of crude from reserves 3/30
- South Korea's LG Chem to import Russian naphtha 3/30
- PetroChina says operations 'overall normal', Strait of Hormuz accounts for about 10% of its supplies 3/30
