Petrochemicals
Sinopec's 2016 net profit rises 44%, helped by refining
BEIJING (Reuters) -- China Petroleum and Chemical Corp on Sunday reported that 2016 net profit rose 44% to $6.74 billion from a year earlier on the back of strong performances in refining and chemicals.
ACC: US specialty chemicals markets rise in February
WASHINGTON – The American Chemistry Council (ACC) reported that US specialty chemicals market volumes rose a strong 0.6% in February. This follows an upwardly revised 0.4% gain in January. Volumes have generally been moving up since May.
ISU Chemical selects Intergraph for managing technical data at plants
HUNTSVILLE, Ala. -- Korean petrochemical company ISU Chemical Co., Ltd has selected four Intergraph solutions to optimize the management of technical data quality on its Onsan and Ulsan plant sites.
AFPM Annual '17: Daily editions of the official conference newspaper
SAN ANTONIO -- Enclosed are digital copies of all three daily editions of the official conference newspaper of the AFPM 2017 Annual Meeting, held at the Marriott Rivercenter.
Clariant launches new phosphoric acid catalyst for fuel upgrading
MUNICH – Clariant, a world leader in specialty chemicals, today announced the launch of PolyMax 850, a catalyst for petroleum refineries. The new phosphoric acid catalyst increases polygasoline, nonene and tetramer yields at lower operating temperatures, reducing costs and boosting productivity. Compared to previous generations of the PolyMax series, the new catalyst offers an even longer service life.
Berkshire's Lubrizol to take majority stake in India JV
(Reuters) -- Lubrizol Corp, the specialty chemicals unit of Warren Buffett's Berkshire Hathaway Inc, said on Monday it plans to take majority control of its Indian joint venture with state-run Indian Oil Corp, boosting its stake to 74% from 50%.
Trump's proposal to scrap chemical safety board draws criticism
(Reuters) -- President Donald Trump's proposal to do away with the federal agency that investigates chemical accidents drew sharp criticism from environmental, labor and safety advocates, who said that eliminating the watchdog would put American lives at risk.
Honeywell UOP scientists recognized for methanol-to-olefins technology
DES PLAINES, Ill. – Honeywell UOP announced that the American Institute of Chemical Engineers’ Fuels and Petrochemical Division has recognized four of its scientists with the 2016 Industrial Research & Development Award for the development and commercialization of the UOP Advanced Methanol-to-Olefins process.
Pöyry awarded engineering contract for Synthomer dispersion plant
Synthomer Deutschland GmbH has awarded Pöyry with the detail engineering services assignment for the revamp of its dispersion plant in Worms, Germany. The assignment includes detail engineering services for all disciplines as well as Health, Safety and Environment management, permitting engineering, cost control and project scheduling. Project is expected to be completed in the Q3 2018.
BASF to invest in new plastic additives plant in Shanghai, China
HONG KONG – BASF is investing more than €200 million globally to increase its production network for plastic additives. An important step is an investment to build a new plastic additives plant at its Caojing site in Shanghai, China. This world-scale plant, with an annual capacity of 42,000 t, will produce antioxidants and associated forms and blends. It is expected to be completed in 2019, with commercial production to start by early 2020.
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