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Petrochemicals

ARCC signs contract with SGC Arabia for SEPC ethylene cracker plant expansion in Saudi Arabia

Al Rushid Construction Co. has officially signed a contract with South Korea-based company SGC Arabia to serve as the general contractor for the expansion of the ethylene cracker plant at the Saudi Ethylene and Polyethylene Company.

Shell discloses $14-B cost for petrochemical plant, more than double street estimates

Royal Dutch Shell revealed during its recent fourth-quarter earnings call that the construction costs of its petrochemical plant have surged by 130%, surpassing the original estimate.

BASF to divest shares in its two JVs in Korla, China

As part of BASF’s global strategy for 1,4-butanediol (BDO), BASF has assessed the market environment and product carbon footprints of BDO and its downstream products from different production sites worldwide.

ITT to provide highly engineered pump systems and aftermarket services

ITT Inc. announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies.

Shell agrees to develop Nigeria gas field for Dangote fertilizer

Shell Plc has made a final investment decision to build a gas supply facility in Nigeria to feed a fertilizer plant owned by Africa's richest man, Aliko Dangote.

LyondellBasell beats Q4 profit estimates as lower ethane costs benefit

LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.

Stamicarbon secures contracts for ultra-low energy urea plant in China

Jiangsu Huachang Chemical Company awards to Stamicarbon, the nitrogen technology licensor of the MAIRE engineering group, licensing and equipment supply contracts for a urea melt plant in China.

Iran's oil minister traveling to Venezuela for talks on refining, petrochemicals

The ministers plans to discuss joint refining, engineering and petrochemical projects, including the overhaul of Venezuela's refineries

NextChem awarded licensing and equipment supply based on its proprietary technology for an ultra-low energy urea melt plant by Jiangsu Huachang Chemical Co.in China

Maire announces that NextChem, through its nitrogen technology licensor Stamicarbon, has been awarded licensing and equipment supply contracts for a urea melt plant in China by Jiangsu Huachang Chemical Co.

Chevron Lummus Global and Hongrun Petrochemical commission all-hydroprocessing white oil unit

Chevron Lummus Global LLC announced the successful commissioning of the world's largest white oil hydroprocessing unit for Hongrun Petrochemical Co., Ltd. in Weifang, Shandong Province, China.