Petrochemicals
France's Arkema looks to specialty chemicals to drive growth
(Reuters) — Chemicals company Arkema aims to increase its profitability by expanding its lucrative specialty chemicals business, the French company said on Tuesday.
South African environmental services company moves into petchem, oil refinery sector
GK-IT Environmental Services, a South African leader in bioremediation and environmental product manufacture, is diversifying from the mining industry to the petrochemical and oil refinery sector.
CB&I awarded material supply contract for ethylene expansion project
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by PT Chandra Asri Petrochemical Tbk (CAP) to supply materials for the revamp of existing cracking heaters at CAP's naphtha cracker plant in Cilegon, Indonesia.
Zhejiang Petrochemical starts construction of China's first private oil refinery site
BEIJING (Reuters) — Zhejiang Petrochemical started construction on Monday of the first phase of its oil refining and petrochemical complex on the island of Zhoushan, near Shanghai, in Zhejiang province, the official Xinhua news agency reported.
Aramco, Dow JV starts propylene glycol plant
KHOBAR, Saudi Arabia (Reuters) — Sadara Chemical Co, a $20 B JV between Saudi Aramco and US firm Dow Chemical, has started production at its propylene glycol plant, moving closer to full operation of the JV's petrochemicals complex.
thyssenkrupp establishes its first global Oleochemical cluster in Thailand
thyssenkrupp inaugurated its technology center for the oleochemical industry in Map Ta Phut, Thailand, to deliver engineering solutions to global customers. Representing an investment of more than €18 MM, Map Ta Phut will become thyssenkrupp’s global oleochemical competence center for R&D, engineering, project execution and technology development services.
Petrobras teams up with CNPC to finish Comperj unit, paper says
RIO DE JANEIRO (Reuters) — Brazil's state-controlled oil company Petróleo Brasileiro SA has teamed up with China National Petroleum Corp to complete construction of a petrochemical compound in Rio de Janeiro that was ensnared in a massive corruption scandal, O Globo newspaper reported on Tuesday.
Malaysia's Lotte Chemical Titan raises $878 MM in IPO
KUALA LUMPUR (Reuters) — Malaysia's Lotte Chemical Titan Holding raised about 3.77 B ringgit ($878 MM) from an initial public offering (IPO) after pricing its shares at the bottom of an indicative range.
Total nears deal to invest up to $2 B in Iran's petrochemical industry
LONDON (Reuters) — Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 B in Iran, an Iranian oil industry official said on Tuesday.
Design and troubleshoot the orifice chamber in an FCCU
The fluid catalytic cracking (FCC) process remains one of the most important secondary conversion processes due to its inherent capability to upgrade residual streams and its flexibility to maximize the desired product, depending on market dynamics.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- South Korea petrochemical firms on track to cut up to 3.7 MM tons of output 12/22
- MOL and JERA sign HoAs for the charter of ammonia carriers 12/22
- China's November fuel oil imports up 15% from October 12/22
