Asia/Pacific
INEOS licenses polypropylene process technology to new China Shenhua plant
INEOS has licensed the Innovene PP process to China Shenhua for the manufacture of polypropylene resins including homopolymers, random copolymers and impact copolymers. The 300,000 tpy plant, located in Yulin City, Shaanxi province, will serve the rapidly growing Chinese PP market.
Essar commissions diesel hydrotreater unit in India
Essar Energy plc, the India-focused integrated energy company, announced that Essar Oil Ltd. has successfully commissioned diesel hydrotreater unit 1 (DHDT-1) as part of the Phase I expansion at its Vadinar refinery in India.
Sinopec orders advanced water treatment system for Yangzi complex
Siemens Industry Automation Division is providing another Zimpro wet air oxidation (WAO) system to treat wastewater at Sinopec Yangzi Petrochemical Co., Ltd.'s facility, near the Yangzi River in Jiangsu Province, People's Republic of China.
Total signs on for new refining project in China
Total signed a comprehensive memorandum of understanding (MOU) with Kuwait Petroleum International (KPI) and Petrochemicals Industries Co. (PIC) for the planned development of a 300,000 bpd full-conversion refinery integrated with petrochemicals complex with Sinopec.
EIA raises oil price forecast for 2012
In its March "Short-Term Energy Report," the DOE/EIA raised its oil price forecast for 2012 to $106/bbl, up $5/bbl from the previous forecast amid concerns over geopolitical tensions in the Middle East, growth in world demand and supply constraints in non-OPEC countries.
FMC opens biopolymer technical hub in Singapore
FMC Corp. recently opened its new Singapore Technical Center in Singapore Science Park 2, the company said on Wednesday. The state-of-the-art facility will serve the technology and formulation needs of FMC's growing food and beverage customers in Singapore and throughout Southeast Asia.
OPEC pins high oil prices on speculators, IEA warns of supply woes
Leaders of some of the world's largest oil producing nations Wednesday pinned current high oil prices primarily on market speculators, just as consuming nations warned that even present increased output levels are being more than offset by numerous supply problems.
Linde to supply air gases for Chinese chemicals producer Dahua
Technology company The Linde Group has been selected to supply air gases to chemicals producer Dahua Group on Songmu Island in Dalian, Northeast China. Under the terms of this on-site agreement, Linde acquires the customer’s two existing air separation units (ASUs) in Dalian, and will operate these.
Honeywell forms partnership with Magnetrol for terminal safety products
Honeywell signed an agreement with Magnetrol International, a supplier of level and flow measurement equipment, to enhance its terminal market product portfolio with Magnetrol’s expertise in safety and compliance. Enhanced instruments will be available for purchase from March 2012.
Oil producers start to worry about rising prices
As they prepare to meet with consumers at an energy summit in Kuwait, some of the world's top oil producers voiced concern that rising oil prices may backfire by jeopardizing a global economic recovery. The UK's Brent contract has risen by 17% since the start of the year amid tensions with Iran.
- BASF launches the world’s first thermoplastic polyamide with high water permeability 9/9
- Worley awarded FEED contract for renewable diesel and aviation fuel project in Sweden 9/9
- U.S. tariffs worsen petrochemical sector challenges, executives warn 9/9
- Clariant to supply catalyst to SYPOX for world’s largest electric steam methane reformer 9/9
- Mitsubishi Chemical to adopt a "product traceability platform" to build a reliable chemical recycling supply chain 9/9
- Phillips 66 announces agreement to purchase remaining interest in WRB Refining LP for $1.4 B 9/9
