Petrochemicals
Lubrizol shareholders approve sale to Berkshire
At a special meeting on Thursday, shareholders of specialty chemicals firm Lubrizol overwhelmingly approved the acquisition of the company by Berkshire Hathaway for $135/share in an all-cash transaction.
Air Products to expand US nitrogen output, pipeline
Air Products will increase production of ultra high-purity nitrogen and oxygen and expand its nitrogen pipeline serving the electronics industry in Chandler, Ariz., officials said on Wednesday.
BP unveils annual energy review, sees China passing US as top consumer
China became the world’s largest energy consumer in 2010, overtaking the US during a year which saw the global economic recovery drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks, BP said in its annual global energy review.
LyondellBasell to buy Texas olefins pipeline system from BP
LyondellBasell signed a deal to purchase approximately 200 miles of pipeline near Houston from BP. The pipelines and metering stations comprise a Houston-area olefins distribution system transporting ethylene and propylene from Channelview, Texas, to Equistar's storage terminal at Mont Belvieu, Texas, and facilities in Deer Park, La Porte and the Bayport Industrial District in Pasadena, Texas.
Jacobs wins engineering deal for DuPont TiO2 expansion in Mexico
Jacobs Engineering Group announced Tuesday that it received a contract from DuPont Titanium Technologies to provide full engineering procurement and construction management (EPCM) services for the company's Mexico titanium dioxide (TiO2) expansion project.
Shell plans world-scale US ethylene cracker near Marcellus shale region
Shell is planning to build a world-scale ethylene cracker with integrated derivative units in the Appalachian region of the US, company officials said on Monday. The cracker would process ethane from Marcellus natural gas to produce ethylene, one of the primary building blocks for petrochemicals, officials said.
SKC to build new PET plant in South Korea
German engineering firm Uhde Inventa-Fischer said Monday that it had signed a contract to build a polyethylene terepthalate (PET) plant for SKC Co. at Jincheon in South Korea.
Chemtura to construct new China plant to serve petroleum additives, urethanes
US-based specialty chemicals firm Chemtura is planning to build a new multi-purpose manufacturing facility in Nantong, China, to serve its petroleum additives and urethanes businesses.
Dow to form carbon fiber JV with Turkey's Aksa
Dow Chemical, through its wholly-owned subsidiary Dow Europe GmbH, said it plans to form a joint venture to manufacture and globally commercialize carbon fiber and derivatives with Turkey’s Aksa Akrilik Kimya Sanayii A.Ş. (Aksa).
NOx control market to hit record level in 2011 – consultants
The market for selective catalytic reduction (SCR) systems and replacement catalysts will reach a record $7.6 billion in 2011, according to the latest forecast from US-based consultancy McIlvaine Co.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
