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Petrochemicals

IRPC '17: Refinery/petrochemical integration creates operational efficiencies

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—During Day 2 of IRPC 2017, Ashish Logani, Principal Process Engineer at Fluor, shared insights on how to overcome the challenges associated with integrating petrochemicals production and refining operations.

ExxonMobil, SABIC select location for proposed petchem project on US Gulf Coast

HOUSTON -- ExxonMobil Chemical Company and SABIC each announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the US Gulf Coast.

IRPC '17: WoodMac Director sees demand pull shifting from China to India

Hydrocarbon Processing Staff: Blume, Adrienne

NEW DELHI, INDIA—Sushant Gupta, Research Director of Asia-Pacific Refining for Wood Mackenzie, opened the plenary session of IRPC 2017 with a global view of the future of the refining and petrochemicals sectors.

Williams Partners to sell stake in petchem plant for $2.1 B

(Reuters) -- Pipeline operator Williams Partners LP said it would sell its stake in a unit that owns 88.46% of an olefins plant in Louisiana to Nova Chemicals for $2.1 B in cash.

Japan March petchem naphtha imports rise 14% y/y

TOKYO (Reuters) -- Japan's naphtha imports for the petrochemical sector rose 14% in March from the same month a year earlier, government figures showed on Friday.

Nitrous gases briefly released at BASF plant after breakdown

BERLIN (Reuters) -- German chemicals company BASF said it had shut down one of its facilities at its main Ludwigshafen site after a breakdown at the facility led to a brief release of nitrous gases (NOx).

Oiltanking acquires terminal in Texas City

HOUSTON — Oiltanking North America, LLC announced the acquisition of the Oiltanking Galveston County (OTGAL) terminal.

Enterprise sets record for volumes at Texas gulf coast marine terminals

HOUSTON -- Enterprise Products Partners L.P. announced that the combined exports and imports of hydrocarbons across its marine terminals, including 18 deepwater docks along the Texas Gulf Coast, totaled a record 146 MMbbl on a gross basis during the first quarter of 2017.

Total-Hanwha JV to invest $450 MM on refining and petrochemicals platform

PARIS (Reuters) -- French oil and gas company Total said on Wednesday that its South Korean JV with Hanwha will invest $450 MM in the group's refining and petrochemicals platform to expand capacity in order to meet growing demand from China.

OMV to invest $116.7 MM in petchem units at Schwechat refinery

VIENNA (Reuters) -- Austrian oil and gas group OMV will pay $116.7 MM for a planned turnaround at the petrochemical units of its Schwechat refinery which will start in the middle of this month, it said on Tuesday.