Ineos Phenol, an Ineos subsidiary, today confirmed that it would build a world-scale cumene plant at the company's Marl, Germany, site to be completed in 2021.
Sabic today signed an agreement in Tokyo with Japan Saudi Arabia Methanol Co. (JSMC), a consortium led by Mitsubishi Gas Chemical, renewing the companies' partnership in Saudi Methanol Co.
Petrochemical feedstocks will be the fastest-growing demand source for worldwide liquid fuels production growth to 2030, according to Cepsa (Madrid, Spain). Demand growth for petchem feedstocks will average 2.5%/year in 2015–30, the company says in its Energy Outlook 2030 report.
Enterprise Products Partners (Houston, Texas) has brought online a third train at its Orla cryogenic natural gas processing plant in Reeves County, Texas, bringing the facility’s natural gas liquid (NGL) extraction capacity to 140,000 b/d, and Enterprise’s NGL extraction capacity throughout the Permian Basin to 200,000 b/d.
Wanhua Chemical Group (Yantai, China) says its subsidiary BorsodChem (Kazincbarcika, Hungary) will start a 35-day maintenance program on 8 July at its methylene di-para-phenylene isocyanate (MDI) and toluene diisocyanate (TDI) plants.
Asian petrochemical producers will reduce liquefied petroleum gas (LPG) usage in August due to planned steam cracker turnarounds, even though most still prefer to process the gas, especially butane, due to favorable economics, according to an IHS Markit-OPIS survey.
Lotte Chemical’s recently held official inauguration of an ethane cracker in the US is another milestone on the Gulf Coast’s journey toward an export-driven future.
ExxonMobil and Sabic will proceed with their multibillion-dollar petrochemical production joint venture (JV) on the US Gulf Coast.
A large export-oriented gas-chemical project is to be included in a new industrial cluster planned near St Petersburg, Russia.
Enterprise Products Partners (Houston, Texas) and MarkWest Energy (Denver, Colorado) are separately developing plans to build additional natural gas liquid (NGL) fractionation capacity in Texas, according to documents filed with the Texas Comptroller.
Worldwide production of ethylene totaled 160 million metric tons (MMt/y) in 2018.
IHS Markit's Kurt Barrow chats with CW about the outlook for petrochemical feedstocks, and other refining-related topics. Live from the 2019 World Petrochemical Conference in San Antonio, Texas.
A bow wave of chemical exports from the US and Middle East is building up speed. Propelled by a line of export-oriented petrochemical projects coming onstream, this surge is having a profound effect on the worldwide flow of waterborne liquid chemicals and plastic resins.
The global economic slowdown, the trade war between the US and China, and the risk of recession repeatedly entered discussions during IHS Markit’s 2019 Global Plastics Summit, held this week in Houston, Texas, but no topic received more attention than the crisis around plastics waste.
Three weeks of events, with thousands of oil, gas, chemical, and related industry executives, politicians, environmentalists, and technology providers, often at the highest level, focused on driving global business, amid the great US shale-led manufacturing resurgence, while also amid increasing public attention and scrutiny.