Covid-19: JG Summit postpones start-up of petchem units May 4, 2020 // 1 Comment Against the back of the country’s lockdown, Philippine’s JG Summit Petrochemicals Group has postponed the start-up of [...]
Covid-19: S-Oil not cutting oil output, against huge losses May 4, 2020 // 1 Comment South Korean oil refiner S-Oil has said that it has no plans to reduce its output, even after posting the largest loss in [...]
Thai’s PTT to slash oil output up to 25% to offset demand drop April 25, 2020 // 2 Comments With the majority of air fleets grounded, and commuters and motorists locked down, oil demand has hit rock bottom due to the [...]
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 [...]