Petrochemicals
HP Petrochemicals: Global PE demand growth to drive downstream expansions
According to IHS Chemical, global demand for polyethylene (PE) is expected to increase by more than 25% during the next five years, from approximately 85 million metric tons (metric MMt) in 2014, to m..
HP Industry Perspectives: Keystone XL: It is time to move forward, Mr. President
In a media call, the American Petroleum Institute (API) president and CEO Jack Gerard emphasized that it is time for the Keystone XL pipeline to move forward, and he requested urgent action by Preside..
HP Industry Metrics
Recent declines in oil pricing and the associated volatility in future pricing has created a difficult forecasting environment. Other factors are causing deviations, especially with regard to the resp..
Reliance enlists Mitsui to ship North American ethane to India crackers
With this strategic tie-up with MOL, Reliance says it has achieved a key milestone for the successful implementation of the company's ethane import project to feed crackers in India.
China commissions first of 14 planned propylene units using UOP process
China’s Zhejiang Satellite Petrochemical Co. became the first Chinese producer to start production of propylene using UOP C3 Oleflex process technology, which efficiently produces propylene from propane.
Sasol secures $4B in financing for new Louisiana ethane cracking project
In October, Sasol announced its final investment decision relating to a $8.9 billion petrochemical complex, which consists of an ethane cracker that will produce 1.5 million tpy of ethylene.
US petroleum demand surges to seven-year high
According to API’s November monthly statistics report, total US petroleum deliveries increased 1.9% from November 2013 to average 19.9 MMbpd, the highest level for the month in seven years.
INEOS licenses polypropylene process technology for new China project
The 300,000 tpy Innovene PP plant in Changzhou will produce a wide range of polypropylene products to serve the growing market in China.
BP selects Jacobs as global services supplier for downstream operations
The new contract includes two multi-year regional framework agreements, under which Jacobs is providing engineering, procurement and construction management services as well as personnel on loan at BP’s refinery, petrochemical and terminal sites globally.
Eastman Chemical to expand ester alcohol output by 20% at Texas plant
The plant expansion is expected to be complete in the second half of 2016 and will increase capacity by more than 20%. In addition to its largest Texanol site in Longview, Eastman also manufactures the product at its Jurong Island, Singapore site and at its joint venture in Zibo, China.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
