The chemical and petrochemical industry is one of the driving engines of the manufacturing sector in India. To sustain the growth of this sector, the Indian government has envisioned the creation of Petroleum, Chemicals, and Petrochemicals Investment Regions (PCPIRs) across the country to generate better efficiency by utilizing common infrastructure and support facilities.
Sabic and Saudi Aramco expect to announce in the second quarter whether they will proceed with plans to build a crude-oil–to–chemicals (COTC) complex, Sabic CEO Yousef al-Benyan told Bloomberg on Thursday.
Haldor Topsoe says operations have started at the world’s largest methanol plant based on autothermal reforming at Turkmengas’ natural gas-to-gasoline complex in Turkmenistan.
Enterprise Products Partners (EPP; Houston, Texas) has started operations at its 425,000-metric tons/year isobutane dehydrogenation plant at Mont Belvieu, Texas.
KBR has won the first commercial contract for its K-PRO propane dehydrogenation (PDH) technology, which the company introduced in January 2019. The new technology will be utilized in a 600,000-metric tons/year PDH plant to be built by an undisclosed client in Asia. The planned unit is expected to start up in 2023.
Latin American countries are increasingly dependent on US NGL exports, highlighting the region’s need to invest in infrastructure –import terminals as well as production capabilities.
CPC Corp. (Taipei) has pledged to invest in a petrochemical project at Balongan, Indonesia, likely to cost $22 billion, according to Luhut Binsar Pandjaitan, the country’s Coordinating Minister for Maritime and Investment Affairs.
Asahi Kasei says the Mizushima, Japan, steam cracker owned by Asahi Kasei Mitsubishi Chemical Ethylene Corp. is scheduled to restart operations on 24 January.
Celanese (Dallas, Texas) is hiking its prices for vinyl acetate monomer (VAM) in Europe, the Middle East, and Africa (EMEA), North and South America, and in Asia, but excluding China.