ExxonMobil has decided to proceed with a $2 billion expansion of its Baytown, Texas, facility that will include a 400,000 metric tons/year unit to produce Vistamaxx performance polymers and a 350,000 metric tons/year unit for a full-range linear-alpha olefin (LAO) unit.
Shell is expected to partner Qatar Petroleum in the recently revived petrochemical project at Ras Laffan, according to Energy Intelligence publication, citing people with knowledge of the situation.
Total is to increase methanol production at its Leuna, Germany, refinery complex by 20% as part of a €150-million ($168 million) upgrade.
Sinopec-SK Wuhan Petrochemical Co. (Wuhan, China), a joint venture (JV) between Sinopec and SK Global Chemical (Seoul, South Korea), a subsidiary of SK Innovation, has agreed to buy the Sinopec-owned 170,000-b/d Wuhan refinery in Hubei Province, China, for about 2.2 trillion South Korean won ($1.9 billion).
Saudi Aramco is working on at least three new technologies to convert crude oil into chemicals, in addition to the process being developed with Sabic at Yanbu.
Unions representing workers at Shell’s 404,000 b/d Pernis refinery and Moerdijk petrochemical complex in the Netherlands have suspended strike action after agreeing in principle to a revised pay offer from the company.
BP and Azerbaijan’s state-owned oil company Socar (Baku) plan to start construction of their previously announced petrochemicals joint venture in Turkey at the end of 2020.
Naphtha accounted for almost 72% of total petrochemical feedstocks consumption 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.
Global economic uncertainty, aggressive US trade policy, and the growing concern surrounding the sustainability of plastics were frequent themes of discussion at the Global Plastics Summit (GPS 2018), hosted in Chicago during 29 October–1 November by IHS Markit and the Plastics Industry Association (Plastics).
Plastics are readily available and easy to make in volume, as well as resistant to chemicals and light. Their properties can also be tailored to specific applications through composition or process.
Recycling Technologies (Swindon, United Kingdom) has agreed on forward sales contracts for its production worth more than £65 million ($76.4 million).