Petrochemicals
ExxonMobil completes new polyethylene lines at Mont Belvieu plastics plant
HOUSTON — ExxonMobil Chemical Company announced the mechanical completion of two new 650,000 tpy high performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. The company expects production to begin during the third quarter of 2017.
Dow signs coatings, silicones investment agreements in Saudi Arabia
MIDLAND, Mich. — The Dow Chemical Company signed an agreement to construct a state-of-the-art manufacturing facility to produce a range of polymers for coatings and water-treatment applications in the Kingdom of Saudi Arabia (KSA), and a memorandum of understanding for a feasibility study related to a proposed investment in the Company’s Performance Silicones franchise.
Clariant, Huntsman to merge, creating $20-B enterprise
MUTTENZ, Switzerland — Clariant and Huntsman Corporation announced that their Boards of Directors unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction.
ExxonMobil, SABIC sign agreement for next phase of proposed US petchem project
RIYADH, Saudi Arabia — Affiliates of Exxon Mobil Corporation and SABIC signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and begin planning for front-end engineering and design work.
Elliott Group to supply 22 compression trains for Hengli petchem complex
JEANNETTE, PA — Elliott Group announced today that it has been awarded a contract to supply compression equipment for Hengli Petrochemical Refinery’s integrated refining and petrochemical complex now under construction in Dalian, China.
Saudi Aramco to sign deals with US firms during Trump visit
JEDDAH, Saudi Arabia (Reuters) -- Saudi Aramco is due to sign deals with 12 US companies on Saturday during US President Donald Trump's visit to Saudi Arabia, sources with knowledge of the matter said.
Taiwan's Formosa Plastics Group says owners to reduce management role
TAIPEI (Reuters) -- Formosa Plastics Group said on Thursday it will set up a management center next month to allow the owners of one of Taiwan’s biggest conglomerates to reduce their role in the management.
Saudi Aramco says to set up new chemicals unit
JEDDAH, Saudi Arabia (Reuters) -- Saudi Aramco plans to set up a new chemicals subsidiary, the company said in its official magazine, The Arabian Sun, on Wednesday.
Burckhardt awarded modernization project at MOL petchem plant in Hungary
Burckhardt Compression was selected to modernize MOL Petrochemicals' third-party Hyper Compressor at its LDPE plant in Tiszaújváros, Hungary. The goal was to improve production performance and to establish a comprehensive, long-term service capability with a running-hours guarantee.
ADNOC targets growing polymers market from China’s auto, infrastructure sectors
ABU DHABI, UAE – The Abu Dhabi National Oil Company (ADNOC) is targeting rapid growth in demand for its polymer products from China’s automotive industry and the country’s investment in gas and electricity infrastructure.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
