Petrochemicals
Kuwait Petroleum to invest in Oman Oil’s Duqm refinery
Oman Oil Company and Kuwait Petroleum Corp. have signed a memorandum of understanding (MOU) to cooperate in the development of Duqm Refinery and Petrochemical Complex in the Duqm Special Economic Zone in Oman’s Al Wusta Governorate.
S.Korea's LG Chem to double ABS output at Chinese petrochemical plant by 2018
LG Chem Ltd. will invest $100 MM to double output of lucrative acrylonitrile, butadiene and styrene (ABS) plastics at its joint venture plant in China by 2018.
Clariant unveils its most efficient styrene catalyst for ultra-low steam-to-oil ratio conditions
Clariant has launched its new high-performance ethyl benzene dehydrogenation catalyst StyroMax UL3.
Technip awarded contract for modernization of SOCAR Azerikimya petrochemical complex
SOCAR has awarded Technip a contract for engineering, procurement and construction (EPC) services for the SOCAR Azerikimya plant, located in the city of Sumgait, Azerbaijan.
MOL to focus on refining efficiency, petrochemical diversification
The MOL Group will continue to focus on improving the efficiency of its refining business and expand its petrochemicals business to take advantage of growing demand.
Saudi Aramco acquires Novomer’s polyol business and associated technologies
Saudi Aramco has acquired the Converge product line and associated operations and technologies from US-based Novomer Inc.
OGCI announces $1-B investment to accelerate development of low emissions technologies
OGCI Climate Investments will aim to deploy successfully-developed new technologies among member companies and beyond.
EU regulators halt review of Dow, DuPont deal, await data
EU antitrust regulators have halted their scrutiny of the $130-B merger of Dow Chemical and DuPont after the companies failed to provide crucial data.
ExxonMobil introduces low viscosity Vistamaxx polymers to improve processing
ExxonMobil is introducing low viscosity Vistamaxx performance polymers that can be used to maintain or improve cycle times of injection molded or extruded applications.
INEOS O&P USA implements vertical integration strategy through WL Plastics acquisition
INEOS O&P USA has acquired 100% of the shares of WLP Holding Corp., one of the largest high density polyethylene pipe manufacturers in North America.
- 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
