11.11.2016
- Hungarian oil and gas group MOL will focus on investing in propylene and derivatives in the next five years as part of its long-term plan to become a leading player in central and...
23.09.2016
- Brazilian oil giant Petrobras is planning to exit its petrochemical investments and other activities as it seeks to accelerate its debt reduction. The troubled Rio de Janeiro-based...
01.09.2016
- ChemChina, Saudi Aramco and the National Industrial Clusters Development Program (NICDP) have signed a memorandum of understanding (MoU) to explore investment opportunities in...
10.08.2016
- Oil major BP is seeking buyers for its 50% share in Chinese petrochemicals joint venture SECCO, according to several news reports. Sources said a deal could fetch $2-3 billion. The...
26.07.2016
- Business was on a downward curve for German chemical and pharmaceutical producers in the first half of 2016, the industry association Verband der Chemischen Industrie (VCI) said at...
25.07.2016
- US oil and petrochemicals group ExxonMobil has announced it will expand its specialty elastomers plant in Newport, Wales by late 2017, increasing global capacity for its Santoprene...
07.06.2016
- BASF has decided to put plans for a 475,000 t/y US methane-to propylene plant in Freeport, Texas, on ice for now, citing volatile commodity prices. Managing board member Wayne T...
31.05.2016
- Indonesia’s oil and gas giant Pertamina and Russia’s Rosneft Oil have signed a framework cooperation agreement to develop an oil refining and petrochemical complex in Tuban, in the...
