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Petrochemicals

Enterprise delays Texas PDH project to 2017

Commercial operations at the new plant in Mont Belvieu, Texas, are slated to begin during the second quarter. Enterprise previously expected the PDH unit to come online by the end of 2016.

Central American nations beef up import infrastructure, fuel production amid demand shift

Contributing Writer: Nogarin, M.
Hydrocarbon Processing Staff: Rhodes, Mike

   Methanex’s methanol facility in Trinidad.

People

Hydrocarbon Processing Staff: Rhodes, Mike

Clariant has appointed Britta Fuenfstueck as a new member of its executive committee.

Italy’s Eni slashes 2016 investment plans after reporting heavy losses

Eni posted a net loss in the quarter of 8.46 billion euros ($9.4 bln) on Friday after booking charges on its stake in oil service company Saipem and chemical unit Versalis.

US chemical activity barometer slips in February

The Chemical Activity Barometer has four primary components, each consisting of a variety of indicators: 1) production; 2) equity prices; 3) product prices; and 4) inventories and other indicators.

Pemex worker dies from petrochemical plant fire

In a statement, Pemex said Jaime Cisneros was badly burned by the fire, which took place in the incinerator area of Petroquimica Mexicana de Vinilo (PMV) in the Gulf state of Veracruz.

US bulk chemical exports to rise in 2016, beyond as new projects start

Recent additions have resulted in a 10-millon ton increase in bulk liquid chemicals in the last year, and by 2025, US bulk liquid chemical additions will expand by over 25 million tons, the report finds.

BASF braces for lower operating profit as Chinese chemical sales slump

Slight profit gains in farming pesticides, and specialty chemicals and plastics, will be overshadowed by considerable declines at its basic petrochemical businesses and at its Wintershall oil and gas division.

Dow Chemical settles price-fixing case after Justice Scalia’s death

HP Editorial Staff: HP News Services

Dow agreed to pay $835 million to settle a price-fixing lawsuit, saying it had less chance to win its petition at the US Supreme Court after the death of Justice Antonin Scalia.

Fluor opens craft training center on US Gulf Coast

The new training center supplements Fluor’s ongoing investments in craft workforce development. Fluor currently provides no cost, after-hours training at many of its jobsites.