Petrochemicals
CB&I awarded CATOFIN technology contract for Chinese petchem plant
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongguan City, Guangdong Province, China.
Honeywell technology selected for largest petchem project in China
DES PLAINES, Ill. – Honeywell announced that Zhejiang Petrochemical Co. Ltd. will use a range of process technology from Honeywell UOP, the world’s leading licensor of refining and petrochemical process technology, for a new integrated refining and petrochemical complex in Zhoushan, Zhejiang Province.
DuPont settles lawsuits over Teflon-making chemical leak
(Reuters) -- DuPont and Chemours Co said on Monday they had agreed to pay about $671 million in cash to settle several lawsuits related to the leak of a toxic chemical, used to make Teflon, that has been linked to cancer and other diseases.
ACC comments on congressional resolution to address chemical security concerns
WASHINGTON – Congressman Mullin (R-Okla.-02) introduced a resolution today with the support of 15 cosponsors to prevent a new US Environmental Protection Agency (EPA) rule from making changes to the Risk Management Plan (RMP) that will create new security and safety issues.
Suncor Energy closes sale of Petro-Canada Lubricants
CALGARY, ALBERTA -- Suncor Energy announced it has closed the previously announced sale of its Petro-Canada Lubricants Inc. business to a subsidiary of HollyFrontier Corporation for gross proceeds of $1.125 billion, subject to customary closing adjustments.
Axens wins takover bid on Heurtey Petrochem
Following the reopening of an offer on Heurtey Petrochem from Jan. 16-27, Axens now holds 4,354,286 shares and 4,428,786 voting rights of Heurtey Petrochem in concert with IFP Investments. This represents 88.6% of the share capital and 88.3% of the voting rights. The settlement date of the Offer will take place on Feb. 6.
SK Innovation buys Dow Chemical's ethylene acrylic acid unit for $370 MM
SEOUL (Reuters) -- South Korea's SK Innovation said on Thursday it would acquire Dow Chemical Co's ethylene acrylic acid (EAA) business for $370 million, a move that will expand its range of high value-added chemical products.
CB&I announces CDAlky technology award in China
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Shaanxi Yanchang Petrochemical Group for the license and engineering design of an alkylation unit in Yan'an City, Shaanxi, China. The alkylation unit will use CB&I's CDAlky advanced sulfuric acid alkylation technology.
Scientific Design awards Indian Oil MEG plant license
LITTLE FERRY, New Jersey -- Scientific Design Company, Inc. (SD) today announced that Indian Oil Corporation LTD. Has selected SD’s MEG technology for their complex in Paradip, Odisha, India.
Brazil's Petrobras says judge orders suspension of Suape and Citepe sale
BRASILIA (Reuters) -- Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday a judge had ordered the suspension of the sale of petrochemical companies Suape and Citepe.
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