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Petrochemicals

SABIC says China petrochemical project to cost $3-4 B

Saudi Basic Industries Corp. expects its coal-to-chemicals project in China with Shenhua Ningxia Coal Industry Group to cost $3-4 B.

Williams Partners to explore monetizing Geismar olefins plant

Williams Partners has initiated an adviser-led process to explore the monetization of its indirect ownership interest in the Geismar, Louisiana olefins plant and complex.

SABIC, SNCG agree on possible China chemical JV principles

SABIC, along with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG) and the government of the Ningxia Hui Autonomous Region of China, have agreed on a set of principles for cooperation in the further development of a potential joint venture (JV) between SABIC and SNCG to build a greenfield coal-to-chemicals complex.

No damage, injuries reported in Iran petrochemical fire

An explosion and fire in a naphtha storage tank at Iran's Bu Ali Sina petrochemical refinery has been extinguished. News reports claim that no personnel fatalities nor damage to the plant have been sustained.

Honeywell UOP introduces expanded range of hydrotreating catalysts

Honeywell UOP has expanded its portfolio of hydrotreating catalysts, which are used to remove impurities and contaminants from petroleum and other refining feedstocks to produce cleaner-burning gasoline and diesel that meet new global emissions regulations.

Neste to participate in Carbon Handprint project development

Neste is cooperating with leading Finnish companies in the development of a new Carbon Handprint tool to create common indicators for assessing environmental measures and communicating them.

China's parliament proposes new environmental tax benefits

China's parliament has proposed increasing tax benefits for companies that cut pollution by more than the national standard.

Iran detects malware in petrochemical plants

Iran has detected and removed malicious software from two of its petrochemical complexes after announcing last week it was investigating whether recent petrochemical fires were caused by cyber attacks.

Dow, Saudi Aramco JV Sadara starts mixed feed cracker

The Dow Chemical Company’s JV with Saudi Aramco, Sadara Chemical Company, started its mixed feed cracker.

Hyundai Engineering lowers design costs with 3D technology

Hyundai Engineering used 3D technology to increase the efficiency of engineering design on their $2 B petrochemical plant project.