Petrochemicals
Primus, Tauber Oil sign US methanol offtake deal
Tauber Oil will offtake all methanol produced by the Primus Green Energy plant -- utilizing low-cost Marcellus gas feedstock -- to market, sell and distribute into the regional market.
Saudi Arabia’s SABIC targets US shale as leading chemical feedstock
Saudi petrochemicals businesses have benefited in the past from feedstock subsidies that are being phased out as the government looks to bridge a substantial budget deficit after oil's two-year downturn.
Korea’s LG Chem says it was duped over $21MM payment for naphtha
Song Choong-seop, a spokesman for LG Chem, said the money had been supposed to go to its supplier, Saudi Arabia's Aramco Trading, to pay for naphtha.
Apply a short-term, high-temperature carbon steel solution to piping systems
Carbon steel (CS) piping and equipment are used extensively in refineries and petrochemical plants, where fluid temperatures vary from moderate to high for various processes.
Small-scale coal-to-chemicals can revitalize India’s petrochemicals industry, economy—Part 2
In Part 1 of this article, published in April, the barriers of petrochemical production in India were discussed, along with the opportunity to explore chemicals from coal, using the specific example of polyvinyl chloride (PVC).
Petrochemicals: The changing competitive landscape for GCC ethylene production
Much of the global petrochemical industry is built around the abundant oil and gas reserves of the Gulf Cooperation Council (GCC) countries.
Engineering Case Histories: Case 90: Precautions when working near equipment
Most machines and pressure vessels are designed with safety in mind, but they can release large amounts of energy if not constructed, maintained or operated correctly.
Business Trends: Global petrochemical overview—Part 2
Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown on construction project numbers by region, as well as major trends in Africa, the Middle East and the US. Part 2 examines the landscape in Asia-Pacific, Canada, Europe and Latin America.
Industry Metrics
US refinery margins recovered as product markets were supported by strong domestic gasoline demand and temporarily tight sentiment fueled by the switch to summer-grade gasoline.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 300 new downstream projects have been announced around the globe over the past year.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
