Petrochemicals
Taiwan's Formosa buys naphtha using new price formula
SINGAPORE (Reuters) — Taiwan's Formosa Petrochemical Corp this week bought about 60 Mt of naphtha using a pricing formula uncommon in the region, two people familiar with the matter said on Friday.
Amarinth delivers vertical sump pumps for ADNOC JV petchem plant in Abu Dhabi
Amarinth, a company specializing in the design, application and manufacture of centrifugal pumps and associated equipment to the Oil & Gas, petrochemical, chemical, industrial and power markets, has delivered two bespoke super duplex API 610 VS4 vertical sump pumps to Descon Engineering for the Borouge petrochemicals complex in Ruwais, Abu Dhabi.
Canada Kuwait petchem chooses Honeywell technology for new complex in Alberta
DES PLAINES, Ill. — Honeywell announced that Canada Kuwait Petrochemical Corp. (CKPC) has chosen Honeywell UOP’s C3 Oleflex technology to produce 550,000 mtpy of polymer-grade propylene at CKPC’s proposed facility in Sturgeon County near Edmonton, Alberta. CKPC is a JV of Pembina Pipeline Corporation of Canada and Petrochemical Industries Company K.S.C. of Kuwait.
Lotte Chemical Titan in weak Malaysian debut after IPO scaled back
KUALA LUMPUR (Reuters) — Shares of Lotte Chemical Titan Holding Bhd fell in their Malaysian stock market debut, a further indication of weak investor demand after the size of its offering was slashed by a fifth last week.
Linde AG awarded EPC contract for new Braskem polypropylene production line
LA PORTE, Texas and PHILADELPHIA — Braskem, the largest thermoplastics resins producer in the Americas, announced that The Linde Group, a gases and engineering company, has been selected as the lead engineering, procurement and construction (EPC) contractor to build Braskem's new world-scale North American polypropylene (PP) production line.
Frames to supply acid gas treatment unit for CB&I, CTCI JV
ALPHEN AAN DEN RIJN, The Netherlands — Frames was awarded an order from CB&I and CTCI to design and supply an acid gas treatment unit for the Liwa Plastics Industries Complex (LPIC) in the Sultanate of Oman.
France's Arkema looks to specialty chemicals to drive growth
(Reuters) — Chemicals company Arkema aims to increase its profitability by expanding its lucrative specialty chemicals business, the French company said on Tuesday.
South African environmental services company moves into petchem, oil refinery sector
GK-IT Environmental Services, a South African leader in bioremediation and environmental product manufacture, is diversifying from the mining industry to the petrochemical and oil refinery sector.
CB&I awarded material supply contract for ethylene expansion project
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by PT Chandra Asri Petrochemical Tbk (CAP) to supply materials for the revamp of existing cracking heaters at CAP's naphtha cracker plant in Cilegon, Indonesia.
Zhejiang Petrochemical starts construction of China's first private oil refinery site
BEIJING (Reuters) — Zhejiang Petrochemical started construction on Monday of the first phase of its oil refining and petrochemical complex on the island of Zhoushan, near Shanghai, in Zhejiang province, the official Xinhua news agency reported.
- Mideast conflict turbocharges diesel prices, squeezing Europe 6/23
- Pertamina is looking to import > 200,000/month of 90-octane gasoline 6/23
- Japan will mitigate potential gasoline price spike, prime minister says 6/23
- Linde to invest $400 MM to build the world-scale air separation unit 6/23
- OEG signs major partnership agreement in Qatar 6/23
- U.S. Supreme Court lets fuel producers challenge California emissions standards 6/23
