Petrochemicals
CB&I lands engineering pact for new petrochemical complex in Russia
CB&I has been awarded a contract by OJSC Rosneft for the license and basic engineering of a naphtha steam cracking unit and a butadiene and benzene extraction unit for a new petrochemical complex in Russia. The steam cracking unit, which will be the world’s largest, is designed to produce more than 1.4 million tpy of ethylene and more than 600,000 tpy of propylene.
Chevron Phillips Chemical closes deal for Neste Oil polyalphaolefin plant in Belgium
Chevron Phillips Chemical has successfully completed the acquisition of a polyalphaolefin (PAO) plant located in Beringen, Belgium from Neste Oil. The deal was first announced in September.
Sasol to launch feasibility study on possible ethane cracker in Louisiana
The board of directors for Sasol has approved a feasibility study on a possible ethane cracker and ethylene derivatives complex in Lake Charles, Louisiana, the company said on Tuesday. Capacity would be between 1 million and 1.4 million tpy of ethylene.
Jacobs to design sulfuric acid coolers for El Dorado
Jacobs said that its Canada-based Chemetics unit in Pickering, Ontario, has been awarded a design and fabrication contract by El Dorado Chemical Co. for three proprietary designed sulfuric acid coolers to be installed in the company's acid plant in El Dorado, Ark. The scope involves the design and fabrication of drying, interpass and final anodically protected sulfuric acid coolers.
Cereplast inks bioplastic distribution deal in Turkey
Cereplast on Tuesday announced a three-year distribution agreement with GAMA Plastik AS to supply bioplastic resin in Turkey. The country is one of the fastest growing plastics markets in the world and third in terms of market share in Europe behind Germany and Italy.
Dow, Saudi Aramco finalize Sadara chemical JV; senior officials named
Dow Chemical and Saudi Aramco on Monday announced the official formation of Sadara Chemical Co. (Sadara), a joint venture between the two companies. First production units are expected to come on line in the second half of 2015. All units are expected to be up and running in 2016.
Solutia closes deal to buy Southwall Technologies
US-based specialty chemicals firm Solutia has completed its previously-announced acquisition of Southwall Technologies, a producer of energy-saving films and glass products for the automotive and architectural markets. The acquisition was completed on Monday with a merger of a subsidiary of Solutia into Southwall.
Süd-Chemie approves squeeze-out
At a general meeting held by Süd-Chemie AG, Munich, the transfer of all shares held by minority shareholders to the majority shareholder Clariant AG, Muttenz, Switzerland was approved.
BP, Indian Oil sign initial pact to build acetic acid plant in west India
BP and Indian Oil Corp. said Wednesday they have signed an initial agreement to form an equally owned joint venture to build a 1 million tpy acetic acid plant in western India.
Flint Hills celebrates 30 years in Corpus Christi
Since 1981, the year that Flint Hills Resources began operating in Corpus Christi, Texas, more than $3.1 billion in projects have been completed.
- BASF supports European 1,4‑butanediol supply security through increased production in Ludwigshafen 2/16
- Vitol backs proposed $3-billion LNG power plant for South Africa's Durban port 2/16
- HAMR Energy receives additional funding for low-carbon liquid fuels projects 2/16
- NASCAR names POET official bioethanol partner: Becomes first major motorsports series to utilize zero-carbon bioethanol 2/16
- ExxonMobil starts third advanced plastics recycling unit at Baytown complex 2/16
- Geoinform, subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes 2/16
