Petrochemicals
Primus Green Energy unveils new GTL projects for gas-to-methanol in US
Primus’ standardized modular GTL systems will convert low-cost Marcellus feedstock into methanol locally, thus saving its clients in the region both production and transportation costs.
US chemical activity barometer expands in March
In March, production-related indicators were better, with improvement in plastic resins used in packaging and strengthening construction-related resins and pigments.
MEGlobal to build new MEG plant by 2019 at Dow Chemical’s Texas hub
The new Oyster Creek MEG facility will be owned by MEGlobal and is the company’s first manufacturing unit in the US. The new MEGlobal plant will create 1,400 construction jobs at the project’s peak, and the company will employ approximately 50 new workers when it goes on stream in mid-2019.
Braskem to import US ethane feedstocks from Enterprise Products
Brazilian petrochemical group Braskem signed a new, 10-year contract with Enterprise Products for the supply of ethane feedstocks acquired from US shale oil and gas production.
Saudi Aramco looks to expand Asian downstream investments: CEO
Nasser said the Saudi oil giant is looking to expand its downstream investments in China, Malaysia, India, Vietnam and Indonesia. He was speaking at the China Development Forum in Beijing.
China still sparks global chemicals growth: IHS
China remains the global chemical industry’s key demand driver despite slower gross domestic product (GDP) growth, according to Paul Pang, vice president at consultancy IHS Chemical.
Total, NPC sign deal for Iran petrochemicals plant
The complex will include a world-scale steam cracker unit in the coastal area. It will be based on a combination of feedstocks comprised of ethane, naphtha and LPG, as well as other available feed.
Report: CNOOC eyes Petrobras’ stake in Brazilian chemical firm Braskem
China's CNOOC is interested in purchasing a minority stake in Brazilian petrochemical company Braskem from state-run Petroleo Brasileiro SA, a Brazilian newspaper said on Monday.
LyondellBasell CEO says Houston refinery may be sold in future
LyondellBasell CEO Bob Patel said the chemical company could sell off the 263,776-bpd Houston refinery in the longer-term, as it could have more value in a refining system.
Saudi Aramco CEO eyes downstream conversion
The diversification would be underpinned by a widespread and rapid domestic expansion of small to medium enterprises that produce products in the petrochemicals conversion sector. the CEO said.
- Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex 7/8
- Braskem completes first sale of circular polyethylene in South America 7/8
- bp's 440,000-bpd refinery in Whiting, Indiana (U.S.), reported flaring due to operational conditions 7/8
- UK's insolvent Lindsey oil refinery secures some crude supply to keep running for now 7/8
- Brazil's energy minister hints at possible fuel price cuts 7/8
- Marathon Galveston Bay refinery (U.S.) hydrotreater to remain shut until September 7/8
