Petrochemicals
Innospec makes takeover bid for US petrochemical company TPC Group
The TPC Group board of directors said it determined in good faith, after consultation with independent legal and financial advisors, that this offer could lead to a superior proposal. As such, the board said it will carefully consider and evaluate the non-binding proposal from Innospec in coming weeks.
Eni inks deal with Honam Petrochemical to develop Korean elastomers plant
The new site will use technologies of Eni's chemical subsidiary Versalis and will have a production capacity of about 200,000 tpy of elastomers, or elastic polymers, which will be delivered mainly to Asian markets. Start-up is planned for the end of 2015, according to the Rome-based company.
Lubrizol to build resin, compounding plant in Texas
The additional capacity will serve Lubrizol building and construction customers on a global basis. Lubrizol says it projects continued strong global growth in its chlorinated polyvinyl chloride (CPVC) business, with particularly strong demand in India and other developing economies.
Braskem Idesa awards engineering deal on Mexico Ethylene XXI project
The EPC contract was awarded to a joint venture made up of Odebrecht (40%), Technip (40%) and ICA Fluor (20%). The new petrochemical complex will include a 1.05 million tpy ethylene cracker and several integrated polyethylene (PE) plants. Ethylene XXI should begin operations in June 2015.
KBR wins licensing, process design deal for China olefins recovery project
The client owns an existing plant of coal-to-olefins which started last year. It is the world's first and largest coal-to-olefin project using coal as the feedstock to produce polyethylene and polypropylene by coal gasification to methanol, then methanol to olefin (MTO), and then olefin polymerization.
Westlake to expand Kentucky ethylene plant, convert to ethane feed
With the expansion, Westlake is looking to take advantage of increased site production to provide additional PVC resin amid growing demand from global customers.
HP Impact: Increased coal-to-olefins processes in China
Increased coal-to-olefins processes in ChinaChina’s significant domestic supply of coal, combined with a domestic shortage of several key chemical feedstocks, especially ethylene and propylene, a..
HP Brief
New fuel standards in the USThe US government recently finalized standards that will increase fuel economy to the equivalent of 54.5 mpg for cars and light-duty trucks by model year 2025. When combine..
HP Construction: North America
Jacobs Engineering Group Inc. has a contract from Methanex Corp. to provide engineering, procurement and construction services for a methanol production facility in Louisiana. Officials estimate the c..
HP Construction: South America
A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has a contract from Petrobras for a world-scale grassroots gas-to-chemicals complex—Complexo Gás-Quími..
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
