Petrochemicals
US chemical activity moves higher in December
The Chemical Activity Barometer has four primary components: 1) production; 2) equity prices; 3) product prices; and 4) inventories and other indicators.
Lotte Chemical awards $365MM contract to CB&I for Louisiana MEG project
The monoethylene glycol (MEG) facility will be located adjacent to the new ethane cracker, as recently announced by a joint venture between Axiall and Lotte Chemical.
CB&I wins $100MM of work for US chemical plants
"CB&I has long supported our customer through both maintenance and capital projects," said Chip Ray, president of CB&I's capital services operating group.
Oman’s Orpic taps Tecnimont, CB&I for EPC work on Liwa Plastics complex
A joint venture between CB&I and CTCI Corp. signed a contract valued at $2.8 billion to provide engineering, procurement and construction for the steam cracker package.
Dow Chemical opens world-scale Texas PDH plant
Capacity for the new propylene production facility is 750,000 tpy, making it the largest on-demand propylene facility of its kind, and the largest and most advanced Honeywell UOP Oleflex unit ever built.
Axiall, Lotte greenlight Louisiana ethane cracker, select CB&I for EPC work
CB&I will provide engineering, procurement, fabrication and construction for the LACC ethane cracker project in Lake Charles, Louisiana. The cracker will produce 1 MMtpy of ethylene.
CF starts up new urea plant at Louisiana complex
This is the first plant to be commissioned as part of CF’s major capacity expansion projects in North America, and the first new world-scale urea plant to be completed in North America since 1998.
Honeywell upgrades plant controls system for top ammonia group in Russia
The controls and safety project was a part of a framework agreement that will see Honeywell automate all production facilities for TogliattiAzot, the world’s largest ammonia producer.
Alfa Laval to supply heat exchangers for Korean petrochemicals complex
The order comprises the delivery of Packinox heat exchangers which will recover energy in the production of mixed xylenes, ingredients in the manufacturing of synthetic nylons and PET bottles.
Latin American chemical sector buoyed by low oil, strong end markets in 2016
Latin American chemical groups will likely maintain high capex relative to cash flow generation through 2016, while aggregate investments for rated chemical companies should remain high.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
