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Petrochemicals

Oiltanking acquires Vopak terminals in Finland for chemicals, oil products

Finland is one of the main transit hubs for the export and import of chemical and petroleum products in relation to Russia and the other FSU countries.

UOP licenses methanol-to-olefins process in China

This award is Honeywell UOP’s fifth licensing win for its MTO process and comes after the successful start up of its first commercial-scale MTO facility for China’s Wison Clean Energy in September 2013.

Chevron Phillips Chemical unveils changes to senior management roles

Mark Lashier, currently executive vice president of olefins and polyolefins, will become executive vice president for the company's commercial business. In his new role, Lashier will serve as the lead commercial executive for all product lines in Chevron Phillips Chemical’s portfolio.

Vertellus doubles alkane capacity at Michigan site

North America’s competitive feedstock costs resulting from low gas prices are helping drive Vertellus’ alkane production efficiency. The company initiated the Zeeland upgrades in 2014.

CB&I licenses styrene, ethylbenzene technology for Egypt plant expansion

The units will be a part of the Tahrir Petrochemicals complex expansion and will use CB&I's ethylbenzene (EB) and styrene (SM) technologies to produce 400,000 tpy of styrene monomer.

Enterprise to expand US Gulf propylene network

Enterprise Products announced a series of projects to convert and expand segments of its petrochemicals pipeline network designed to raise throughput capacity for polymer-grade propylene.

Amec Foster Wheeler to study new Malaysian refining, chemicals project

Under the contract, Amec will undertake a detailed feasibility study to define the configuration of the complex, develop the infrastructure requirements, establish a project implementation plan and produce a cost estimate to optimize the project and establish a clear plan to move forward.

G2X approves new Louisiana methanol facility

When complete, the facility, named Big Lake Fuels, will produce over 1.4 MMtpy of methanol and will have the ability to install necessary facilities to convert methanol to automotive gasoline.

US posts increase in monthly resins production

US production of major plastic resins totaled 6.8 billion pounds during May 2015, an increase of 4.7% compared to the same month in 2014, according to American Chemistry Council (ACC) statistics.

SK Global Chemical, SABIC form new Asian JV for polyethylene products

Under the JV, SABIC will buy the Nexlene solution technology and a 230,000-tpy plant that manufactures a range of high-performance ethylene and alpha-olefin co-polymers in Olsan, South Korea.