Petrochemicals
Dow Chemical boosts planned divestments target nearly 50% by mid-2016
On track to complete its goal of realizing $4.5 billion to $6 billion in proceeds by year-end 2015, and with additional portfolio management actions underway, Dow is now increasing its divestiture target to $7 billion to $8.5 billion to be complete by mid-2016.
Momentive Chemicals to build two new Louisiana formaldehyde plants
Momentive will invest about $66 million in the construction of these new, world-scale formaldehyde plants primarily in 2014 and 2015, with capacity of more than 400,000 tpy.
Nexant, ChemVision form new alliance to support petrochemicals in Brazil
Together, ChemVision’s 30-plus years of regional work experience and Nexant’s extensive international capabilities provide a unique strategic collaboration that dramatically builds on the in-depth consulting services Nexant has provided to the Brazilian market for more than 30 years.
Huntsman opens new Mumbai headquarters for Indian subcontinent
The 220,000 square feet, seven-story building will initially house some 300 Huntsman associates, including over 100 technical staff spread across three floors of laboratory and research facilities.
Chevron Phillips plans polyalphaolefins expansion at Cedar Bayou plant
Final project approval for the Cedar Bayou complex in Texas would be sought in the second quarter of 2015, and project completion is targeted for 2016.
Environmental regulations: How much do they really cost?
Processors should instead grasp some understanding of the costs and benefits by asking themselves: “How much will these changes really cost, and what’s in it for me?”
An examination of three recent accidents in the downstream industry
With these accidents, has refining internationally fallen sub-standard in terms of safety? Such a question is likely best addressed by examining the existing HPI standard.
Design a safe hazardous materials warehouse
The safe warehousing of hazardous chemicals is a design challenge in chemical and petrochemical projects. A methodology is provided for designing a safe warehouse, and a case study shows the high level of analysis and integration required.
Optimize olefins and aromatics production
Petrochemical yields from the FCCU is an area of increasing interest as more companies try to integrate refining and petrochemical operations.
HP News
EPA: GHG emissions from refineries increase 1.6% in 2013The US Environmental Protection Agency (EPA) has released its fourth year of GHG data, with over 8,000 large facilities reporting 2013 emissions..
- Industry collaboration brings new insights on corrosion under insulation 7/1
- IMI secures major contract to supply wireless vibration monitoring solution in Omani refinery 7/1
- KBR, ReVentas partner to scale polymer dissolution technology to recycle polyethylene and polypropylene 7/1
- Yara to reallocate capital from abandoned $2.9-B Louisiana Clean Energy complex project 7/1
- Schneider Electric to acquire Cognite in $3.1-B all cash deal 7/1
- BASF and Carlyle complete coating transaction, an enterprise value of €7.7 billion 7/1
