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Saudi Aramco Hires Former Shell Executive For Chemicals Business
Wednesday, January 10, 2018 State oil giant Saudi Aramco hires Olivier Thorel, a former senior executive at Royal Dutch Shell, as executive director for its chemicals business.
China's Sinochem Ties Up With Private Chemical Group In Oil Trading
Wednesday, January 10, 2018 Sinochem Group has agreed on a framework deal with China's private chemical giant Hengli Group.
McDermott CEO Bets on Next Turnaround at Ailing Chicago Bridge
Tuesday, January 09, 2018 Shares are ticking back up as Dickson vows to do at Chicago Bridge what he did at McDermott.
Borealis Taps Jacobs for Belgium PDH Plant Study
Wednesday, January 03, 2018 Proposed 740-kiloton facility would be one of world's largest PDH plants.
Gulf Mostly Rises On Oil Surge; Saudi Petchems, Builders Up
Wednesday, December 27, 2017 An overnight surge in the Brent oil price above $67 a barrel for the first time since May 2015 helped most Gulf stock markets rise.
CB&I Gets Go-ahead for Kazakhstan Petchem Project
Monday, December 11, 2017 KPI gives CB&I full notice to proceed for project management services.
Shell Says Fire Extinguished At Singapore Refinery-Petchem Plant
Monday, December 11, 2017 Shell says a fire at its Singapore refinery-petrochemical site was extinguished on Sunday.
Saudi Arabia's SABIC Looking At Investing In US
Wednesday, December 06, 2017 SABIC is considering several possible investments in the United States.
Focus On: Procurement & Construction
Sasol Shifts Strategy, Evaluates Chemical Business Split
Wednesday, November 29, 2017 Sasol will consider carving out a separate company from its expanding chemicals business.
CEO: SABIC Plans To Spend $3-$10B In Acquisitions Over Next 5 Years
Tuesday, November 28, 2017 Petrochemical producer Saudi Basic Industries Corp (SABIC) plans to spend between $3 and $10 billion on acquisitions over the next 5 years.
Pertamina Signs JV Deal With Russia's Rosneft For New Tuban Refinery
Tuesday, November 28, 2017 Pertamina Signs JV Deal With Russia's Rosneft For New Tuban Refinery
China's CEFC, Rosneft To Study South China Petrochemical Complex
Friday, November 10, 2017 Private conglomerate CEFC China Energy and Rosneft agree to study the possibility of building a petrochemical complex in South China.
Shell's Pennsylvania Project Hits Milestone
Wednesday, November 08, 2017 Multibillion-dollar petchems project transitions from early works to main construction.
Kuwait's PIC Signs Contract with US Jacobs for Plant in Canada
Monday, November 06, 2017 Jacobs will be in charge of carrying out front-end engineering and design for a propylene and polypropylene facility in Alberta.
CNPC Plans to Cut Gas Supplies to Industrial Users-State Media
Monday, November 06, 2017 CNPC expects natural gas shortages this winter.
LyondellBasell Approaches Brazil's Braskem for Takeover-WSJ
Monday, October 30, 2017 A deal would help LyondellBasell expand in Latin America, where Braskem is the biggest petrochemicals company.
Petrochemicals Group Ineos to Buy British Fashion Brand Belstaff
Monday, October 30, 2017 It's the latest off-beat project by Ineos's billionaire founder Jim Ratcliffe.
Slowing Demand Growth to Push Big Oil From Cars to Chemicals
Monday, October 16, 2017 Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting companies to accelerate the shift to natural gas and chemicals, according to WoodMac.
China's Hengyi Opens Singapore Trade Office For Brunei Oil-Petchem Project
Monday, October 16, 2017 Hengyi Group has started a trading office in Singapore to buy crude and trade oil products from its $3.4B Brunei project, company officials say.
Sasol Plans More Hiring for Louisiana Project
Thursday, October 12, 2017 Company hits milestone for $11 billion ethane cracker and derivatives project.
Fluor to Lead Engineering, Procurement for $2.4B Texas Project
Tuesday, October 10, 2017 Fluor gets another role in $2.4B LyondellBasell Texas project.
CEFC Head Riffs on $30 Oil and Rosneft in 12,000-Word Note
Tuesday, October 03, 2017 While there's a risk oil may slide below $30 as its displaced by alternative energy sources, it will still be used to make petrochemicals, said the head of the enigmatic Chinese company.
Petronas Chem Sells Half Of Polymers Business To Saudi Aramco For $900MM
Monday, October 02, 2017 Petronas Chemicals Group Bhd (PCG) says it plans to sell 50% of a polymers unit to Saudi Aramco's wholly owned subsidiary.
Reliance Outbids Rivals to Buy Its Own Coal-Bed Gas Until 2021
Wednesday, September 27, 2017 Reliance outbid rivals to buy the entire volume of coal-bed methane produced from its own blocks, a move that may help it boost margins and replace more expensive imported fuel at its petrochemicals plants.
Exec: Dongming Steps Up Crude Purchases In 2017 For Shandong Oil Refiners
Wednesday, September 27, 2017 Pacific Commerce, the trading arm of refiner Shandong Dongming Petrochemical, has purchased 66% more crude oil in 2017 than last year.
Oil And Chemical Spills From Hurricane Harvey Big, But Dwarfed By Katrina
Friday, September 15, 2017 More than 22,000 barrels of oil, refined fuels and chemicals spilled at sites across Texas in the wake of Hurricane Harvey.
Ifax: Saipem To Conduct Feasibility Study On Rosneft Chemical Plant
Friday, September 15, 2017 Rosneft has commissioned Saipem to conduct a technical and commercial feasibility study of Rosneft's planned petrochemical plant.
'Beautiful Coal' Seeks New Life as Carbon Fiber for Vehicles
Thursday, September 14, 2017 Cheaper carbon fiber could expand demand for the material.
CB&I Wins China PDH Unit Contract
Monday, September 11, 2017 Propane dehydrogenation unit will boast 600,000 metric tons per year of propylene production capacity.
US Coast Guard, EPA Cleaning Up A Dozen Texas Chemical Spills After Harvey
Monday, September 11, 2017 The US Coast Guard and the EPA are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrial facilities after flooding from Hurricane Harvey.
Police And EMTs Sue Arkema Over Chemical Plant Fire After Harvey
Thursday, September 07, 2017 Police and emergency workers filed suit against Arkema SA.
World's Most Crucial Chemical Suddenly in Short Supply on Harvey
Friday, September 01, 2017 Harvey has thrust the US Gulf Coast chemical industry into uncharted territory.
Dow, DuPont Complete Planned Merger to Form DowDuPont
Friday, September 01, 2017 Dow and DuPont announced the merger in December 2015.
Texas Explosions Show Chemical Industry Pushed to Its Limits
Thursday, August 31, 2017 In its devastatingly slow crawl up the industrial Gulf Coast, Hurricane Harvey is proving to be the biggest test yet of the safety and vulnerabilities of the US chemicals industry.
Arkema Exec Expects Chemical Fire At Flooded Texas Plant
Wednesday, August 30, 2017 Arkema expects chemicals to catch fire or explode at its heavily flooded plant in Crosby in the coming days, and has no way to prevent that from happening, the company says.
EPA Sends People, Planes To Gauge Pollution From Texas Storm
Wednesday, August 30, 2017 Flooding from Harvey has also triggered a handful of spills and releases from petrochemical facilities in Texas.
Arkema Evacuates Texas Chemical Plant Amid Explosion Risk
Tuesday, August 29, 2017 The company said in a statement the situation at its Crosby, Texas, plant "has become serious."
Thyssenkrupp Wins Order to Build Fertilizer Plant in Brunei
Tuesday, August 29, 2017 The order will provide a much-needed boost to Thyssenkrupp's struggling industrial solutions division.
Dow Chemical Plans to Boost Stake in Sadara JV to 50 Pct
Monday, August 28, 2017 The Sadara complex has 26 integrated facilities and the capacity to produce more than 3 million tonnes of products per year.
ExxonMobil Says Completes Singapore Refining-petchem Plant Acquisition
Monday, August 28, 2017 The acquisition will boost the U.S. company's aromatics production in Singapore to more than 3.5 million tonnes per year.
Harvey Disrupts More Than One Third of US Chemical Production
Monday, August 28, 2017 The disruption threatens shortages for basic industrial building blocks such as chlorine and ethylene.
Thai PTTGC And Japanese Partners In $900MM Chemical Venture
Friday, August 25, 2017 Polyols is a key material for polyurethane, which is used in the automotive, electrical and electronics and construction sectors.
German Chemical Industry Warns of Disruption After Rail Closure
Friday, August 25, 2017 Deutsche Bahn has said that Rhine Valley Railway line would remain closed until Oct. 7.
India's Reliance To Boost Profit, Naphtha Exports By Using Ethane
Thursday, August 24, 2017 Reliance expects to increase operating profit and naphtha exports as it switches to cheaper ethane at its petrochemical projects, a company executive says.
Saudi Aramco, SABIC Launch Bidding At Key Chemical Project
Thursday, August 24, 2017 Saudi Aramco and SABIC have launched bidding for engineering work on their joint crude oil to chemicals project.
Sasol Tempers Return Expectations for $11 Billion Project
Monday, August 21, 2017 Sasol lowered estimated returns at its $11 billion Lake Charles chemicals project in the US and said it's disputing a revised tax bill in South Africa.
Sinopec Engineering Arm Taps Asia Petrochemicals Growth
Monday, August 21, 2017 Sinopec Engineering won 17.8 billion yuan ($2.67 billion) of new contracts in the first half.
Shell Divests Stake in Saudi JV
Wednesday, August 16, 2017 Shell has completed the sale of its 50-percent stake in the SADAF petrochemicals joint venture to SABIC, Shell announced Tuesday.
Saudi's Sadara Commissions Last Plant of Its Saudi Petchem Complex
Monday, August 14, 2017 TDI is mainly used in the production of flexible polyurethane foam for furniture, mattresses and car seats.
Fluor Wins Malaysia Isononanol Plant Contract
Monday, August 07, 2017 The chemical building block isononanol is used in plasticizers for automotive and building applications.
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