Keyword: Petrochemicals

News

BP Agrees Sale of Alabama Complex to Indorama

13.01.2016 - BP has agreed to sell its petrochemical complex in Decatur, Alabama, USA, to Thai PET producer Indorama Ventures, the global market leader. Indorama’s AlphaPet PET plant is co...

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Petrobras and Braskem Agree Naphtha Supply Deal

07.01.2016 - After nearly two years of negotiations, Brazilian energy company Petrobras has agreed a new five-year naphtha supply contract with petrochemical producer Braskem. Under the terms...

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Dow and YPF to Triple Argentine Shale Gas Output

23.12.2015 - Argentina’s state-owned oil and gas group YPF and Dow Chemical’s Argentinian subsidiary PBB Solisur plan to invest $500 million to triple production at their existing shale gas...

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Rosneft and Sinopec Sign Siberian Petchems MOU

22.12.2015 - Russian oil company Rosneft and China Petrochemical Corp (Sinopec) have signed a memorandum of understanding to cooperate on gas and petrochemical projects in East Siberia. The...

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Shell and CNOOC Expanding Huizhou Complex

16.12.2015 - Shell Nanhai, Chinese subsidiary of the multinational oil and petrochemicals group, and China National Offshore Oil Corporation (CNOOC) have signed a Heads of Agreement (HOA) to...

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Unipetrol Awards Ethylene Contracts to Linde, Technip

09.12.2015 - Czech petrochemical producer Unipetrol has awarded contracts to Linde and Technip to reconstruct its ethylene cracker at the Zaluzi site in Litvinov. The unit was severely damaged...

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NPC Manager Hints at Iranian JV with BASF

08.12.2015 - Iran National Petrochemical Company (NPC) vice president, Mohammad Hassan Peyvandi, has confirmed that the company has been in talks with BASF about a “giant joint investment...

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Sumitomo Licenses PP and PO Technologies to S-Oil

04.12.2015 - Japan’s Sumitomo Chemical has agreed to license its polypropylene (PP) and propylene oxide (PO) technologies to South Korean oil refining company, S-Oil. S-Oil operates a complex...