Polymers
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.
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.
Toyo, IKPT to build new Indonesia rubber project
TOYO entered into an offshore supply contract and IKPT entered into the detailed engineering, procurement and construction contract. The target for completion is in 2018.
HP Petrochemicals: Higher international sales boost 2015 earnings above forecast for many chemical leaders
Raw materials costs continue to stay low in the US thanks to the shale boom, but the global decline in oil markets has eroded selling prices for many of the nation’s domestic chemicals and plastics producers.
BASF to sell 25% stake of SolVin PVC venture in Germany to Solvay
The transaction will take place effective July 1, 2015. SolVin was first established in 1999 as a 75-25 joint venture between Solvay and BASF in the area of polyvinyl chloride (PVC).
PolyOne opens new Asian innovation center
At the grand opening, customers and local officials participated in tours and demonstrations that showcased how PolyOne differentiates its products and services in the specialty marketplace.
Honeywell breaks ground on new nylon resins line at Virginia complex
When the line starts up in the fourth quarter of 2015, Honeywell's Chesterfield facility will become the first and only North American supplier of both resins.
Alkylating refinery-grade propylene offers processing opportunities
The propylene in this stream from FCC and coking units can be combined with isobutane in an alkylation unit to yield a high-value gasoline blending component—alkylate.
Mexichem to expand German specialty PVC plant
Vestolit will build a new production line with an annual capacity of 40,000 metric tons of paste (emulsion) PVC. The line will combine the established leading polymerization technology with a newly-developed, energy-efficient, drying technology.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
