Petrochemicals
Shell looks beyond road fuels to secure future of refining
LONDON (Reuters) — While the world braces for the electric-vehicle revolution, Royal Dutch Shell is betting on growing appetite for asphalt and plastics to sustain its century-old oil refining business for the coming decades.
Petronas, Aramco to finalize RAPID deal after resolving 'technical issues'
KUALA LUMPUR (Reuters) — Malaysian state energy company Petronas and Aramco are facing "technical issues" in finalizing the Saudi oil major's $7 B investment in a refinery project, but the deal will be completed soon, state news agency Bernama reported on Friday.
Metso receives major oil and gas valve orders from Chinese petchem customers
Metso has received four major valve orders for the oil and gas industry from Chinese petrochemical customers.
Praxair starts up VPSA plants in South Korean petchem complex
DANBURY, Conn. — Praxair, Inc. announced it has started up three new vacuum pressure swing adsorption (VPSA) plants at the Daesan petrochemical complex located on the west coast of the Korean peninsula. Praxair will start up a fourth VPSA plant in early 2018.
Sustainability and innovation at AIChE annual conference
The 2017 annual meeting of the American Institute of Chemical Engineers features dozens of parallel tracks for eight days.
2018 Chem Show kicks off in the Big Apple
NEW YORK CITY — The Chem Show opened today at the Javits Center in New York City. The event, which has been held every odd year since 1915, runs from Tuesday, Oct. 31 through Thursday, Nov. 2.
LyondellBasell approaches Brazil's Braskem for takeover
(Reuters) — LyondellBasell Industries NV has approached Brazil's Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 B, the Wall Street Journal reported on Monday.
Italy's Mossi Ghisolfi draws interest for troubled US assets
FRANKFURT/MILAN (Reuters) — Italian plastics multinational Mossi Ghisolfi has attracted interest from a series of buyers, including plastics maker Indorama, for its US assets placed under Chapter 11 restructuring, sources close to the situation said.
Petronas, Aramco seeking $8 B for Malaysian project
KUALA LUMPUR (Reuters) — Malaysian state energy firm Petronas and Saudi Aramco are seeking to raise $8 B for a refinery and petrochemical complex via a bridge loan, Project Finance International (PFI) reported on Wednesday.
EU Commission clears Hungary's investment aid for MOL plant
BRUSSELS (Reuters) — The European Commission on Wednesday cleared $154.12 MM of investment aid Hungary granted to oil and gas company MOL for expanding a plant in the North of the country.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
