Petrochemicals
IHS Markit: Methanol demand growth driven by methanol-to-olefins, China demand
HOUSTON — Methanol, a basic chemical used to produce fuels and other traditional chemicals, is increasingly used in China to produce olefins in a process called methanol-to-olefins (MTO). By 2021, nearly one in five tons of global methanol production will be utilized for MTO production to satisfy expanding Chinese chemical demand, according to new analysis from IHS Markit.
CB&I awarded multi-technology contract in Kazakhstan
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by TOO Hill Resources (HILL) for the license and engineering design of a grassroots Lube Base Oil plant in Shymkent, Kazakhstan.
Sasol breaks ground on new alkoxylation production facility in China
NANJING, China — Sasol Limited, an integrated chemicals and energy company, formally began construction of its new alkoxylation plant in Nanjing, Jiangsu Province. Ushered in by a ground-breaking ceremony on June 8 at the Nanjing Chemical Industrial Park (NCIP), the new plant is expected to be fully operational in early 2019.
Hydrocarbon Processing Awards recognize best in HPI
The downstream industry’s brightest minds gathered Wednesday evening to celebrate the winners of the 2017 Hydrocarbon Processing Awards.
Chevron Phillips completes PAO capacity expansion at Texas plant
Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) announced today it has successfully completed a low viscosity polyalphaolefins (PAO) capacity expansion at its Cedar Bayou plant in Baytown, Texas.
Linde wins major contract for olefin plant in Russia
MUNICH — Technology company The Linde Group has been awarded a major contract by PJSC Nizhnekamskneftekhim (NKNK) to supply an olefin plant in the city of Nizhnekamsk, located in the Republic of Tatarstan in the Russian Federation. Both partners officially signed the agreement in St. Petersburg, Russia.
IRPC Europe '17: Shell case study demonstrates VDU value maximization
VIENNA—On Day 2 of International Refining and Petrochemical Conference (IRPC) Europe, Jock Hughson, Licensing Technology Manager for Shell Global Solutions International BV, discussed how to maximize the value of a vacuum distillation unit (VDU) through a post-fractionation increase of vacuum gasoil (VGO) yield.
Braskem says wins final approval in global leniency deal
BRASILIA (Reuters) — Braskem SA, Latin America's largest petrochemical company, said on Tuesday that it had obtained approval from a Brazilian court for its leniency deal in a corruption case involving political kickbacks at Brazil's Petrobras.
IRPC Europe '17: Scenes from day one
Check out scenes from the first day of IRPC Europe 2017.
IRPC Europe '17: European refiners look to preserve market share in expanding global industry
VIENNA—Viren Doshi, former Senior Vice President and Head of Oil and Gas Practice at Strategy&, discussed the market outlook for the European refining industry in a market keynote on Day 1 of International Refining and Petrochemical Conference (IRPC) Europe.
- 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
