Petrochemicals
SABIC and ExxonMobil evaluating petrochemical JV on US Gulf Coast
SABIC and an affiliate of Exxon Mobil Corp. are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast.
Iran says fire at Bu Ali Sina petrochemical complex contained
A fire that broke out at Iran's Bu Ali Sina petrochemical refinery complex has been contained with no casualties.
Trestle Energy and Larksen partner to reduce CO2 from ethanol and coal power
Fuel pathway management platform will enable ethanol producers to substantially reduce their fuel carbon intensity and facilitate the cost-effective use of biomass fuel pellets at existing power plants.
GlobalData: Planned projects poised to raise global propylene capacity levels
China and the US are the primary drivers for expanded global capacity that is estimated to increase to almost 130 MMtpy by 2020.
LUKOIL and SNF Floerger break ground for Russia polymer plant
The plant will be constructed in close proximity to LUKOIL's petrochemical facility to reduce costs for transportation of feedstock and end products.
EIA: US remains top petroleum and natural gas hydrocarbons producer
While the US and Russia total petroleum and natural gas hydrocarbon production is split between petroleum and natural gas, Saudi Arabia heavily favors petroleum.
Technip to provide basic engineering, equipment for Saudi furnace project
Technip will provide basic engineering and proprietary equipment for a grassroots ethylene cracking furnace in Jubail, Saudi Arabia.
ExxonMobil shaves its PP resin prices in US
Demand has been solid, but market prices are being impacted by a surge in availability of imported PP.
GlobalData: Methanol capacity set to reach 184.4 MMtpy by 2020
China, Iran and Mozambique to lead expansion, outstripping planned European production.
US chemical production growth stalls: ACC
In April, the US Gulf Coast was the only region to post a small gain. Output declined slightly in the Northeast, and all other regions were flat, according to the latest ACC data.
- Methanex to indefinitely idle 860,000-tpy Trinidad and Tobago methanol plant 6/30
- Several injured in fire at Haldia Petrochemicals' plant in eastern India 6/30
- Shell forecast: Global LNG demand expected to grow by 65% by 2050 6/30
- INEOS Enterprises completes sale of its ultra-pure sulfur dioxide and derivatives business to Ecovyst 6/30
- Neste to invest over €400 MM in Porvoo refinery maintenance turnaround 6/30
- Middle East producers push on with oil and LNG loadings despite ship attacks 6/30
