
Trinseo to Sell Its Share in Americas Styrenics
US specialty materials producer Trinseo has commenced a sale process for its 50% ownership in Americas Styrenics (AmSty), a joint venture (JV) with Chevron Phillips Chemical.
US specialty materials producer Trinseo has commenced a sale process for its 50% ownership in Americas Styrenics (AmSty), a joint venture (JV) with Chevron Phillips Chemical.
LyondellBasell, Technip Energies and Chevron Phillips Chemical (CPChem) have signed a memorandum of understanding (MOU) to design, build and operate a demonstration unit using Technip’s electric steam cracking furnace technology.
QatarEnergy said it has made a final decision to go ahead with delayed $6 billion Ras Laffan Petrochemicals Complex to be realized with US multinational partner Chevron Phillips Chemical (CPChem).
Chevron Phillips Chemical (CPChem) and QatarEnergy — formerly Qatar Petroleum — have taken a positive final investment decision on their proposed $8.5 billion joint ethylene/PE complex in the US. They have formed a joint venture called Golden Triangle Polymers, owned 51% by CPChem and 49% by QatarEnergy.
Chevron Phillips Chemical (CPChem) is planning to build a new polyalphaolefins (PAO) plant in Beringen, Belgium, to meet growing demand. The “significant investment” will see the company’s PAO capacity in Belgium double to 120,000 t/y when it starts up in 2024.