Keyword: Petrochemicals

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ExxonMobil Expands Elastomers in Wales

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...

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Ineos Issues New Call for Fracking

19.07.2016 - With a new UK government in place, the shale gas industry has quickly come forward to insist that fracking find a place at the top of the national agenda post-Brexit. In former...

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EU Chemicals Growth Still Lags, CEFIC Says

07.07.2016 - Chemical production in the 28 EU member states shrank by 0.7% year-on-year on average in the first four months of 2016 and thus remained 5.9% below the pre-crisis 2008 level, the...

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Rosneft and Chinese in Russian Projects

28.06.2016 - Russian oil company Rosneft has signed separate deals with Chinese organisations Sinopec and ChemChina for two petrochemical projects in Russia. The agreements were announced on...

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Eni and SK Capital Scrap Versalis Deal

23.06.2016 - Italian state-owned oil, gas and petrochemicals group Eni and US private equity company SK Capital have broken off talks over the sale of a majority stake in Eni’s chemicals and...

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Covestro Inaugurates CO2-to-Polyols Plant

22.06.2016 - German engineering plastics producer Covestro has inaugurated its new CO2-to-polyols plant at Dormagen, Germany. The facility that cost €15 million to build will produce 5,000 t of...

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Westlake Takes Axiall for $2.3 Billion

13.06.2016 - Westlake Chemical has won the race to acquire compatriot Axiall Corp for $2.33 billion – or $33 per share. The US petrochemical and plastics group based in Houston, Texas clinched...

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CEFIC says European Chemical Business Flat

03.06.2016 - European chemical production in the first quarter of 2016 was almost on the level of the 2015 quarter, as no significant changes in the business climate were seen, the European...