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Petrochemicals

PEMEX Fertilizantes selects Jacobs for ammonia rehabilitation project

DALLAS — Jacobs Engineering Group Inc. has been awarded a contract from PEMEX Fertilizantes to deliver project management contract (PMC) services for the Ammonia IV Rehabilitation Project in the Cosoleacaque Petrochemical Complex in Veracruz, Mexico.

Shell completes $820 MM SADAF chemicals sale to SABIC

Shell has completed the sale of its 50% share in SADAF, the petrochemicals JV, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for $820 MM. This sale was announced on Jan. 22. Completion follows anti-trust filings in the relevant countries and regulatory approval from the Kingdom of Saudi Arabia.

Saudi's Sadara commissions last plant of its Saudi petchem complex

KHOBAR, Saudi Arabia (Reuters) — Saudi-based Sadara Chemical Co, a $20 B JV between Saudi Aramco and US firm Dow Chemical has commissioned the last plant at its petrochemicals complex in Jubail, Saudi Aramco said on Monday.

India's refiners bet big on petrochemicals as industry reshapes

NEW DELHI (Reuters) — India's state oil refiners—long focused on churning out transport and cooking fuels—are planning a $35 B push into petrochemicals to meet an expected surge in demand for goods ranging from plastics to paints and adhesives.

Amec Foster Wheeler JV enters Australian petchem market with ammonia facilities contract

LONDON — Clough AMEC has won a landmark contract to provide maintenance services to ammonia facilities in Western Australia that supply international and domestic fertilizer markets and explosives used in the mining industry.

Quadrimex Chemical develops its activities in Asian refineries

Dedicated for more than 30 yr to niche chemical specialties, Quadrimex Chemical proved once again its expertise to deal with specific industrial issues through a tailor-made approach, the company said in a press release.

Fluor awarded contract for Petronas isononanol chemical plant in Malaysia

IRVING, Texas — Fluor Corporation announced that it was awarded an engineering, procurement and construction management (EPCM) contract by Petronas Refinery and Petrochemical Corporation Sdn. Bhd. for an isononanol plant located in Pengerang, Johor, Malaysia. Fluor will book the undisclosed contract value in Q3 2017.

Rinchem announces expansion of infrastructure in South Korea

ALBUQUERQUE, N.M. — Rinchem recently announced the expansion of its chemical distribution center in Pyeongtaek, South Korea.

US ethanol makers steer away from fuel, reach for booze

CHICAGO (Reuters) — A US glut of fuel-grade ethanol has major producers, including Green Plains Inc and industry pioneer Archer Daniels Midland Co, pursuing other markets and idling excess capacity in an effort to rebuild sagging margins.

Israel's Haifa Chemicals says it is closing business

JERUSALEM (Reuters) — Haifa Chemicals said on Wednesday it was closing shop and letting go of its 800 employees after failing to find a reasonable alternative to a large ammonia tank it needs to function which was ordered to be shut down earlier this year.