Polymers
HP Construction: North America
Sunoco Inc., and The Carlyle Group, L.P., have completed the formation of Philadelphia Energy Solutions, a joint venture (JV) that will operate the Philadelphia refinery. The refinery processes 330,00..
HP Construction: Europe
Alfa Laval has an order to supply its compact heat exchangers to a petrochemical company in Western Europe. The order is valued at approximately SEK 70 million. Delivery of the exchangers is scheduled..
HP Construction: Asia-Pacfic
Technip has two contracts, worth approximately €50 million in total, for the front-end engineering and design (FEED) services of two refineries in Kazakhstan. The scope involves the modernization..
HP Impact: Chemical industry execs look to the future
Chemical industry executives plan to soon use the significant cash on their balance sheets to pursue strategic acquisitions and new product developments to spur company growth, according to a survey r..
Petronas to exit vinyl business in Malaysia, Vietnam
Petronas Chemicals has three plants - two in Malaysia and one in Vietnam - which mainly manufactures vinyl chloride monomer and polyvinyl chloride with installed nameplate capacity of 680,000 tpy. The company said it will discontinue its vinyl business and cease operations by January 1, 2013.
HPI spending pegged for slight increase in 2013
Even with healthy predictions for expenditures, market players are remaining cautious when making decisions on key projects as they await regulatory clarity. The forecast breaks out capital spending to reach $57.6 billion and maintenance spending to reach $69 billion.
CB&I licenses technology to China coal group for new polypropylene project
The new plant will use the Novolen advanced gas-phase polymerization technology for the production of the full scope of polypropylene homopolymers, random copolymers and impact copolymers. The 200,000 tpy polypropylene project is expected to start up operations in 2014.
Lanxess picks Foster Wheeler for engineering on Singapore polybutadiene project
The new facility, which LANXESS says is expected to be the largest of its kind in the world, will be designed to produce 140,000 tpy of Nd-PBR and will include process and finishing buildings, a central control room, a substation and a tank farm. Financial terms were not disclosed by the companies.
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.
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..
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