ExxonMobil breaks ground on US$10 bn chemical complex in Guangdong April 24, 2020 // 4 Comments US petrochemicals firm ExxonMobil has broken ground on its US$10 billion petrochemical complex in Huizhou, southern [...]
Crude oil back at US$1 after hitting negative territory of US$0/barrel April 21, 2020 // 2 Comments A global shock – crude oil has hit rock bottom as storage struggles to contain glut. On Monday, US oil prices had [...]
OMV acquires majority stake in Borealis for US$4 bn April 6, 2020 // 3 Comments Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and OMV, oil and gas company headquartered in [...]
Covid-19: Nova Chemicals pauses construction on PE/cracker expansions April 6, 2020 // 1 Comment Canada-headquartered chemical firm Nova Chemicals has implemented measures within its sites, including pausing construction [...]
Methanex delays Geismar 3 methanol project April 3, 2020 // 3 Comments Vancouver-based, publicly traded company Methanex Corporation, which is the largest producer and supplier of methanol, says [...]
Nouryon to acquire metal alkyls business from Sasol April 3, 2020 // 1 Comment Speciality chemicals firm Nouryon has entered into an agreement to acquire the merchant triethyl aluminum (TEAL) business of [...]
Advanced/SK Gas to build US$1.8 bn PDH/PP complex in Saudi Arabia April 2, 2020 // 4 Comments Advanced Global Investment Company (AGIC), a subsidiary of Saudi Arabian PP producer Advanced Petrochemical, is to form a [...]
Covid-19: Tecnimont clinches US$10 mn contracts in South Korea, Russia and India April 2, 2020 // 5 Comments In the midst of lockdowns all over the world due to Covid-19, Italy’s Maire Tecnimont S.p.A. says that its subsidiary [...]
Nouryon expands raw material partnership with Sumitomo Chemical March 30, 2020 // 1 Comment Chemical firm Nouryon is expanding its partnership with Sumitomo Chemical to include a new plant Sumitomo is building at its [...]
Mitsubishi to construct MMA plant in the US March 25, 2020 // 2 Comments Lucite International, a subsidiary of Japan’s Mitsubishi Chemical, has announced a project to design and construct a [...]