Polymers
Brazil’s Odebrecht mulls new ethane cracker, PE complex in West Virginia
The complex, named the Ascent — Appalachian Shale Cracker Enterprise, would include the ethane cracker, three polyethylene plants, and infrastructure for water treatment and energy co-generation.
HP Industry Perspectives: Is it too early to be optimistic for 2014?
The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extrac..
HP Brief
LNG terminal to be built in Uruguay GDF Suez has signed a 15-year contract with Gas Sayago for LNG storage and regasification services in Uruguay. Commercial operation of the new terminal is expected ..
HP Impact: Unconventional oil and gas to boost US trade position
The economic and employment contributions from US unconventional oil and gas production are now being felt throughout the US economy, increasing household incomes, boosting trade and contributing to a..
Chevron Phillips sells China polystyrene business
“The polystyrene plant is a productive and valued asset, but as a standalone operation for Chevron Phillips Chemical in China, the company has determined the asset is not a strategic fit,” said Dan Coombs, senior vice president of specialties, aromatics and styrenics for Chevron Phillips Chemical.
Global HPI spending likely to jump 15% in 2014
Newfound optimism stems from rising availability of gas supplies in several nations, rich shale reserves in North America, and a new expansion wave for petrochemicals.
Eastman to expand Texas City plasticizers plant
The expansion at the Texas City site will increase the overall capacity of Eastman 168 by about 15% and is expected to be operational by mid-2014. Investment terms were not disclosed.
PolyOne expands India operations with new plant
The new PolyOne facility in Pune, India, will operate development labs and the sales and customer service center for the broader region. It is expected to open in the first quarter of 2014.
Dow Chemical to sell polypropylene catalysts business to Grace
The sale includes Dow’s polypropylene catalysts manufacturing plant at Norco, Louisiana, as well as all customer contracts, licenses, intellectual property and inventory.
HP Brief
Changes on the horizon at Harburg refineryNynas has received approval from the European Commission to take over production and responsibility for the base oil plant and associated production units at ..
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
