Petrochemicals
Total inaugurates revamped Carling petrochemical complex
PARIS – Total has inaugurated its revamped Carling - Saint-Avold petrochemical complex in eastern France following three years of transformation works.
Japan's Tosoh plans $88 MM naphtha cracker upgrade
TOKYO (Reuters) -- Japanese chemical maker Tosoh Corp said on Thursday it will invest about $88 MM to upgrade its 527,000-tpy naphtha cracker in Yokkaichi, central Japan, by 2020.
ExxonMobil buys Singapore petchem plant, boosts output in Asia
SINGAPORE (Reuters) -- ExxonMobil Corp said on Thursday it has reached an agreement to buy a refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore that will boost its output and meet demand in Asia.
Honeywell technology selected for largest petchem project in China
DES PLAINES, Ill. – Honeywell UOP announced that Zhejiang Petrochemical Co. Ltd. will use four of its Polybed pressure swing adsorption (PSA) units to supply high-purity hydrogen for its new integrated refining and petrochemical complex in Zhoushan, Zhejiang Province.
Florida legislatures pass bill increasing recovery of post-use, non-recycled plastics
WASHINGTON – The Florida House and Senate this week passed Resource Recovery and Management (HB335). The American Chemistry Council’s Plastics Division issued the following statement, which may be attributed to Craig Cookson, senior director of recycling and energy recovery:
Petronas, Saudi Aramco explore petchem expansion in Malaysia
KUALA LUMPUR (Reuters) -- Malaysian state-owned oil company Petronas and its partner Saudi Aramco are studying projects to build more petrochemical plants to make full use of raw materials from their JV in Malaysia.
India's top refiner in early talks with Aramco for downstream project
KUALA LUMPUR (Reuters) -- India's top refiner said it is in initial talks with Saudi Aramco on downstream investments, including a mega project on its west coast, that could help the OPEC member lock-in customers amid an oil supply glut.
EIA: Petroleum product exports from Central Atlantic US unusually high in February
Exports of finished petroleum products from the Petroleum Administration of Defense District (PADD) 1B, which comprises the US Central Atlantic states (Delaware, District of Columbia, Maryland, New Jersey, New York and Pennsylvania), reached a record high for the month of February, as petroleum product prices in that region weakened compared with prices in the rest of the Atlantic Basin region.
Alpek receives corporate approvals for Petrobras PTA-PET facility acquisitions
MONTERREY, Mexico – Alpek, S.A.B. de C.V. announced that it obtained all necessary corporate approvals to acquire 100% of Companhia Petroquímica de Pernambuco and Companhia Integrada Têxtil de Pernambuco from Petróleo Brasileiro S.A. for $385 MM.
Saudi Aramco to dilute stake in Dow JV via IPO
ABU DHABI (Reuters) -- National oil firm Saudi Aramco plans to cut its stake in Sadara Chemical Co, a joint venture with US company Dow Chemical, via an initial public offer of shares, Sadara chief executive Ziad al-Labban said on Wednesday.
- 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
