Petrochemicals
Fluor selected for petchem project expansion in the Philippines
IRVING, Texas — Fluor Corporation announced that it was awarded an engineering, procurement and construction management (EPCM) contract for the utilities, offsites and infrastructure scope of work for JG Summit’s petrochemical complex expansion in Batangas City, Philippines. Fluor booked the undisclosed contract value in Q3 2017.
EIA: Crude oil, petroleum product exports reach record levels in H1 2017
Crude oil exports in the first half of 2017 increased by more than 300,000 bpd from the first half of 2016 to 784,000 bpd, a 57% increase. Petroleum product exports also grew over the same period. Crude oil and propane exports each reached record highs of 0.9 MMbpd, and distillate exports reached a record high of 1.3 MMbpd.
US starts anti-dumping probe into PET resin imports
WASHINGTON (Reuters) — The US Department of Commerce said on Tuesday it began an investigation into whether imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, South Korea, Pakistan and Taiwan were being dumped in the US market.
ExxonMobil begins production on new polyethylene line at Mont Belvieu plastics plant
HOUSTON — ExxonMobil Chemical Company announced that it has commenced production on the first of two new 650,000 tpy high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.
SK Innovation to expand petchem output in China
SEOUL (Reuters) — South Korea’s SK Innovation said on Tuesday it will invest $657 MM to boost production capacity at its petrochemical plants in China, jointly owned by China’s Sinopec Corp.
China's Hengyi opens Singapore trade office for Brunei oil-petchem project
SINGAPORE (Reuters) — Privately-run Chinese company Hengyi Group has started a trading office in Singapore to buy crude and trade oil products from its $3.4 B Brunei project, company officials said on Monday.
Dynea announces start-up of formaldehyde plant
LILLESTRØM, Norway — Dynea AS announced the successful commissioning and start-up of a formaldehyde plant using silver crystals as catalyst.
Fluor awarded contract for world’s largest propylene oxide, tertiary butyl alcohol plant
IRVING, Texas — Fluor Corporation announced that it was selected by LyondellBasell to perform the engineering and procurement for its propylene oxide (PO) and tertiary butyl alcohol (TBA) project located at its Channelview and Bayport complexes outside of Houston. Fluor booked the undisclosed contract value into backlog in the Q3 2017.
Ecopetrol awarded contract to deliver propylene to its Comai subsidiary
BOGOTÁ, Colombia — Ecopetrol S.A. announces that has signed a contract to supply refinery-grade propylene (RGP) to its subsidiary Compounding and Masterbatching Industry Ltda (Comai Ltda) from October 2017 to August 2022.
Saudi Aramco eyes JV deal in India by next year
NEW DELHI (Reuters) — State-run oil giant Saudi Aramco is in talks with several Indian refiners and hopes to land a joint venture deal by next year, the company's chief executive told Reuters on Sunday.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- LanzaJet produces first jet fuel from ethanol at a commercial scale 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
