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Petrochemicals

Linde wins major contract for olefin plant in Russia

MUNICH — Technology company The Linde Group has been awarded a major contract by PJSC Nizhnekamskneftekhim (NKNK) to supply an olefin plant in the city of Nizhnekamsk, located in the Republic of Tatarstan in the Russian Federation. Both partners officially signed the agreement in St. Petersburg, Russia.

IRPC Europe '17: Shell case study demonstrates VDU value maximization

VIENNA—On Day 2 of International Refining and Petrochemical Conference (IRPC) Europe, Jock Hughson, Licensing Technology Manager for Shell Global Solutions International BV, discussed how to maximize the value of a vacuum distillation unit (VDU) through a post-fractionation increase of vacuum gasoil (VGO) yield.

Braskem says wins final approval in global leniency deal

BRASILIA (Reuters) — Braskem SA, Latin America's largest petrochemical company, said on Tuesday that it had obtained approval from a Brazilian court for its leniency deal in a corruption case involving political kickbacks at Brazil's Petrobras.

IRPC Europe '17: Scenes from day one

Check out scenes from the first day of IRPC Europe 2017.

IRPC Europe '17: European refiners look to preserve market share in expanding global industry

VIENNA—Viren Doshi, former Senior Vice President and Head of Oil and Gas Practice at Strategy&, discussed the market outlook for the European refining industry in a market keynote on Day 1 of International Refining and Petrochemical Conference (IRPC) Europe.

Dow completes construction of enhanced polyethylene production unit in Texas

Completed on time, the 400 Mt polyethylene unit is the first of four new derivative investments currently under way at Dow’s manufacturing sites in Texas and Louisiana as part of the company’s previously announced $6 B expansion on the US Gulf Coast.

IRPC Europe '17: OMV exec examines challenges facing EU refining industry

Hydrocarbon Processing Staff: Blume, Adrienne

VIENNA—Director General of the UK Petroleum Industry Association Ltd. (UKPIA), Chris Hunt, delivered opening remarks on Day 1 of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Europe. Mr. Hunt invited attendees to network with one another during the conference against the beautiful backdrop of the Danube River.

Wison Engineering awarded 40 MMtpy ethylene cracking contract from zhejiang

SHANGHAI — Wison Engineering announced that its non-wholly owned subsidiary, Wison Engineering (China) Limited, was awarded a contract by Zhejiang Petrochemical Co., Ltd to deliver nine ethylene cracking furnaces for a 40 MMtpy refining and chemical integrated complex (Phase I). The 9 ethylene cracking furnaces will be in modularized fabrication and scheduled to be delivered in modular by early 2018.

LPG subsidy burden climbs as Indonesia considers price hike

JAKARTA (Reuters) — The cost of Indonesia's subsidy on LPG is increasing, leading to the country paying at least half of the cost of the fuel, said an official from state-owned energy company Pertamina on Tuesday.

Blast at China petrochemical plant kills eight, injures nine

SHANGHAI (Reuters) — An explosion rocked a petrochemical plant in China's eastern province of Shandong on Monday, killing eight people and injuring nine, state media and local government officials said.