Oil takes a beating as US/China trade war escalates September 3, 2019 // 2 Comments Against the back of a tit-for-tat economic war, oil prices took a slide after new import tariffs imposed by the US and China [...]
Saudi Aramco expands into US petchem sector with acquisition August 22, 2019 // 1 Comment Saudi Aramco’s US refining arm, Motiva Enterprises, has signed an agreement to acquire a 100% ownership interest in Flint [...]
Nouryon invests in metal alkyls plant at Rotterdam August 22, 2019 // 2 Comments Chemical firm Nouryon has made a series of investments at its metal alkyls plant in Rotterdam, the Netherlands to improve [...]
Sonatrach/Total utilising Spheripol tech for Algerian plant August 21, 2019 // 4 Comments Sonatrach Total Entreprise Polymeres Spa (STEP) has chosen LyondellBasell Industries’s Spheripol technology for a 550,000 [...]
Chengzhi Yongqing starts up butadiene plant using Wison tech August 21, 2019 // 3 Comments Nanjing Chengzhi Yongqing Energy Technology Co., Ltd.’s new 100 kilotonnes/year butene-to-butadiene plant, built by [...]
China’s Hengli starts up world’s largest dehydrogenation plant using Catofin tech August 19, 2019 // 1 Comment Chinese chemicals maker Hengli Group has started up what is said to be the world’s largest on-purpose olefin production [...]
Sibur upgrades and ramps up terephthalic acid production in Russia August 16, 2019 // 2 Comments Russia’s oil/gas company Sibur’s Blagoveshchensk site, in the Republic of Bashkortostan, near the Kazak border, recently [...]
Huntsman to sell chemical intermediates business to Indorama for US$2 bn August 14, 2019 // 1 Comment US chemicals maker Huntsman Corporation is to sell its chemical intermediates and surfactants businesses to Thailand-based [...]
M&As: Lotte Chemical to divest interest in Indonesian arm; Aramco to buy 20% stake in India’s Reliance August 14, 2019 // 0 Comments Malaysia’s Lotte Chemical Titan Holding Bhd (LCT) is to divest 49% of its equity interest in PT Lotte Chemical Indonesia [...]
Canadian firm to set up new PE plant; targeting sales to Asia August 8, 2019 // 3 Comments Set up a year ago, new Canadian chemical firm West Coast Olefins is taking the first steps towards the construction of a [...]