Petrochemicals
US chemical index shows signs of slowdown: ACC
Accounting for adjustments, the CAB remains up 1.6% over this time last year, a marked deceleration of activity from one year ago when the barometer logged a 3.2% year-over-year gain from 2014.
DuPont doubles down on cost cuts ahead of merger with Dow Chemical
DuPont says it is now targeting cost cuts of $730 million in 2016, with annual savings adding up to $1 billion. Those new projections are higher than figures stated in December.
Praxair starts new ASU for Chinese chemical plant
Praxair’s industrial gases from the air separation plant will be used in the coal gasification process for the production of methanol and downstream chemicals.
Brazil’s Petrobras nears sale involving chemicals producer Braskem
State-run Petrobras has received interest from major international chemical companies for its 36% stake in Braskem's total capital, according to the Reuters report.
M&G Chemicals to expand Corpus PTA, PET plant
In a statement, M&G Chemicals announced an increase in planned PET capacity from 1 MMtpy to at least 1.1 MMtpy, and in PTA capacity from 1.2 MMtpy to 1.3 million MMtpy.
Clariant, CB&I win design work for huge Chinese dehydrogenation unit
The world's largest single-train dehydrogenation unit will process feedstock containing 300,000 tpy of propane and 600,000 tpy of isobutane to jointly produce propylene and isobutylene.
Hyundai Chemical to expand South Korean plant using UOP technology
The petrochemical facility will use technology as well as modular equipment from UOP to allow the plant to make mixed xylenes, a critical feedstock used by the plant to produce paraxylene.
AltaGas advances plans for new British Columbia propane export terminal
The proposed facility will be designed to ship up to 1.2 MMtpy of propane and will be constructed by AltaGas. It will be built on a brownfield site with a history of industrial development, connections to existing rail lines and an existing world class marine jetty with deep water access to the Pacific Ocean.
ExxonMobil selects Lockheed Martin as partner on downstream automation
Working with Lockheed Martin, ExxonMobil’s goal is to design a new architecture that will control and optimize refining and chemical manufacturing facilities while enabling future equipment and information services such as preventative maintenance and fleet optimization.
LyondellBasell unveils senior leadership changes
After four years with LyondellBasell, Timothy D. Roberts, executive vice president of global olefins and polyolefins, has announced his decision to leave the company. Mr. Roberts will be succeeded by Daniel M. Coombs, who joined LyondellBasell in 2015.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
