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Petrochemicals

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.

SABIC helps Hyundai's QarmaQ crossover go green

Saudi Basic Industries Corp. (SABIC) will take part in the 10th International Plastics and Petrochemicals Trade Fair to showcase its range of polymer solutions. A highlight of the SABIC pavilion will be Hyundai's QarmaQ crossover utility vehicle.

Energy minister urges Canada to diversify exports beyond US, include Asia

Canadian Energy Minister Joe Oliver said Friday the country must diversify its energy exports beyond the US to include Asia and China. He said Asian markets, in particular China, are ready buyers.

Eastman completes Netherlands resins expansion

Eastman Chemical said Friday that it has completed the expansion of its hydrogenated hydrocarbon resins facility in Middelburg, The Netherlands. With the expansion, the company has doubled capacity at the site since 2006.

US NGL production to rise over 40% by 2016 - study

US natural gas liquids (NGL) production is expected to increase more than 40% over the next five years, according to a new joint market study from BENTEK Energy and Turner, Mason & Company (TM&C). Current levels of NGL infrastructure are inadequate to handle the surge in NGL production and significant new investment is needed to relieve bottlenecks, according to the authors.

Praxair to supply oxygen for Uruguay pulp mill

Praxair has signed a 15-year contract to supply oxygen to a new pulp mill complex being built in Punta Pereira, in the department of Colonia, Uruguay. Praxair will build, own and operate a non-cryogenic vacuum-pressure-swing-adsorption (VPSA) plant with a capacity of 126 tpd of gaseous oxygen.

Technip wins EPC deal on Thailand elastomer plant

Michelin Siam Co. awarded Technip with a lump sum turnkey engineering, procurement and construction (EPC) contract for a new elastomer composite plant to be built in Thailand. Technip’s operating center in Bangkok, Thailand will execute the contract, which is scheduled to be completed in early 2013.

Compounder A Schulman opens UAE sales office

US-based plastics compounder A Schulman has opened a sales office in Ras al-Khaimah, United Arab Emirates (UAE), part of what the company says is a global expansion effort to serve growing markets for value-added niche products.

BASF to move dispersions, pigments headquarters to Hong Kong

BASF plans to move the global headquarters of its dispersions and pigments division to Hong Kong, the company said on Monday. The portfolio of the dispersions and pigments division includes pigments, resins, dispersions and additives such as photoinitiators, light stabilizers and formulation additives.