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Petrochemicals

Oiltanking commissions additional storage capacity in China

Oiltanking Daya Bay successfully commissioned its newly added Phase 2 expansion storage capacity and received its first vessel at its public jetty in Daya Bay, China.

Sipchem awards EPC contract for its ethyl acetate plant

Saudi International Petrochemical Co. (Sipchem) has awarded the engineering, design and construction (EPC) contract for its ethyl acetate (EA) plant to eTEC Engineering and Construction Co. of South Korea.

KBR starts up advanced catalytic olefin demonstration unit

KBR and SK Innovation today announced the startup of their advanced catalytic olefins (ACOTM) demo plant in Ulsan, South Korea.

Süd-Chemie will provide fertilizer catalysts to Yara for five years

Süd-Chemie AG and Yara International ASA have concluded a major 5-year framework agreement on catalysts for fertilizer production.

Stamicarbon buys Noy Engineering to extend reach in polyamides market

Stamicarbon has acquired the Italian company Noy Engineering from Tecnimont.

Arkema increases fluorinated polymer capacity at its Changshu plant

In 2007, Arkema announced the construction of a Kynar PVDF fluorinated polymer production plant on its Changshu site in China, scheduled to come onstream in March 2011.

Ashland Inc. exiting the PE business

Ashland Inc.’s subsidiary Hercules Inc. has signed a definitive agreement to sell its pentaerythritol (PE) business to Perstorp Polyols Inc. The purchase price was not disclosed.

Specialty chemical plant being built in Louisiana

Myriant Technologies, through its wholly-owned subsidiary Myriant Lake Providence Inc., will soon begin building a new 392,000-square-foot plant at the Port of Lake Providence, Louisiana. Myrant hopes the plant will be the world's largest bio-based succinic acid plant.

Saudi Aramco and CNPC vow to strengthen cooperation

Saudi Aramco and China National Petroleum Corp. (CNPC), parent of PetroChina, have signed a memorandum of understanding (MoU) during a four-day visit to Saudi Arabia by a CNPC delegation headed by CNPC President Jiang Jiemin.

Eastman completes restart of olefin cracking unit at Longview site

Eastman Chemical Co. has completed the restart of a previously idled cracking unit at its Longview, Texas, site. The restart of this cracker increases Eastman’s olefin capacity by approximately 215,000 metric tons and brings the company’s total number of active cracking units to three.