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Petrochemicals

DuPont doubles down on cost cuts ahead of merger with Dow Chemical

HP Editorial Staff: HP News Services

DuPont says it is now targeting cost cuts of $730 million in 2016, with annual savings adding up to $1 billion. Those new projections are higher than figures stated in December.

Praxair starts new ASU for Chinese chemical plant

Praxair’s industrial gases from the air separation plant will be used in the coal gasification process for the production of methanol and downstream chemicals.

Brazil’s Petrobras nears sale involving chemicals producer Braskem

State-run Petrobras has received interest from major international chemical companies for its 36% stake in Braskem's total capital, according to the Reuters report.

M&G Chemicals to expand Corpus PTA, PET plant

In a statement, M&G Chemicals announced an increase in planned PET capacity from 1 MMtpy to at least 1.1 MMtpy, and in PTA capacity from 1.2 MMtpy to 1.3 million MMtpy.

Clariant, CB&I win design work for huge Chinese dehydrogenation unit

The world's largest single-train dehydrogenation unit will process feedstock containing 300,000 tpy of propane and 600,000 tpy of isobutane to jointly produce propylene and isobutylene.

Hyundai Chemical to expand South Korean plant using UOP technology

The petrochemical facility will use technology as well as modular equipment from UOP to allow the plant to make mixed xylenes, a critical feedstock used by the plant to produce paraxylene.

AltaGas advances plans for new British Columbia propane export terminal

The proposed facility will be designed to ship up to 1.2 MMtpy of propane and will be constructed by AltaGas. It will be built on a brownfield site with a history of industrial development, connections to existing rail lines and an existing world class marine jetty with deep water access to the Pacific Ocean.

ExxonMobil selects Lockheed Martin as partner on downstream automation

Working with Lockheed Martin, ExxonMobil’s goal is to design a new architecture that will control and optimize refining and chemical manufacturing facilities while enabling future equipment and information services such as preventative maintenance and fleet optimization.

LyondellBasell unveils senior leadership changes

After four years with LyondellBasell, Timothy D. Roberts, executive vice president of global olefins and polyolefins, has announced his decision to leave the company. Mr. Roberts will be succeeded by Daniel M. Coombs, who joined LyondellBasell in 2015.

Air Liquide licenses acrylic acid technology to India’s Bharat Petroleum

For BPCL’s propylene derivatives petrochemical project, Air Liquide is providing the technology license, basic engineering, technical services as well as proprietary catalyst and equipment.