Petrochemicals
Praxair starts up VPSA plants in South Korean petchem complex
DANBURY, Conn. — Praxair, Inc. announced it has started up three new vacuum pressure swing adsorption (VPSA) plants at the Daesan petrochemical complex located on the west coast of the Korean peninsula. Praxair will start up a fourth VPSA plant in early 2018.
Sustainability and innovation at AIChE annual conference
The 2017 annual meeting of the American Institute of Chemical Engineers features dozens of parallel tracks for eight days.
2018 Chem Show kicks off in the Big Apple
NEW YORK CITY — The Chem Show opened today at the Javits Center in New York City. The event, which has been held every odd year since 1915, runs from Tuesday, Oct. 31 through Thursday, Nov. 2.
LyondellBasell approaches Brazil's Braskem for takeover
(Reuters) — LyondellBasell Industries NV has approached Brazil's Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 B, the Wall Street Journal reported on Monday.
Italy's Mossi Ghisolfi draws interest for troubled US assets
FRANKFURT/MILAN (Reuters) — Italian plastics multinational Mossi Ghisolfi has attracted interest from a series of buyers, including plastics maker Indorama, for its US assets placed under Chapter 11 restructuring, sources close to the situation said.
Petronas, Aramco seeking $8 B for Malaysian project
KUALA LUMPUR (Reuters) — Malaysian state energy firm Petronas and Saudi Aramco are seeking to raise $8 B for a refinery and petrochemical complex via a bridge loan, Project Finance International (PFI) reported on Wednesday.
EU Commission clears Hungary's investment aid for MOL plant
BRUSSELS (Reuters) — The European Commission on Wednesday cleared $154.12 MM of investment aid Hungary granted to oil and gas company MOL for expanding a plant in the North of the country.
SUEZ to build state-of-the-art laboratory in Texas to enhance innovation for O&G
SUEZ broke ground on a new laboratory in Tomball, Texas, north of Houston, which is expected to open mid-2018. In addition to continuing the research and development (R&D) of specialty chemicals for the industrial segment, the new facility will expand to include further process innovation in the oil and gas industry, focusing on global upstream and downstream applications.
Saudi Aramco sees progress on chemical project plan with SABIC by year-end
RIYADH (Reuters) — Saudi Aramco expects to decide by the end of 2017 on plans for a joint oil-to-chemicals project with Saudi Basic Industries Corp (SABIC), Aramco's chief executive said on Tuesday.
Petrochemicals continue to boost BASF earnings
FRANKFURT (Reuters) — German chemicals group BASF continued to benefit from strong prices of basic petrochemicals as capacity expansion projects in the sector lag behind global demand growth, posting higher-than-expected quarterly operating profit on Tuesday.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
