Keyword: Petrochemicals

News

Chevron Sells Evangeline Pipeline to Boardwalk

10.09.2014 - In a deal set to close in the fourth quarter, US oil and petrochemicals producer Chevron plans to sell its Evangeline ethylene pipeline system in Texas to Houston-based Boardwalk...

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BP Could Face New $18 Billion Damages from 2010 US Oil Spill

08.09.2014 - British oil and petrochemicals group BP could be fined more than $18 billion by the US government for its April 2010 Deepwater Horizon oil rig explosion in the Gulf of Mexico...

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Sabic to Upgrade UK Cracker to Process Ethane

21.08.2014 - Sabic has joined the growing list of petrochemical producers upgrading their facilities to enable processing of ethane-based light feed in the wake of the US shale gas boom. The...

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Mexichem Buys German Chemical Producer for $292 Million

07.08.2014 - Mexican petrochemical producer Mexichem said it had signed a "definite agreement" with US-based private equity investor Strategic Value Partners to acquire German PVC producer...

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India’s Essar Said Keen to Link With BASF

01.08.2014 - Indian steel and plastics manufacturer Essar is in talks with BASF about a $2 billion petrochemicals joint venture, the newspaper Economic Times reports. Quoting "people directly...

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Most Eni Workers Follow Union Strike Plans

30.07.2014 - Around 90% of oil and petrochemical giant Eni's Italian workers followed a union call to strike call on July 29. The industrial action was to protest the company's plans to close...

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Braskem Plans UHMWPE Unit in Texas

08.07.2014 - Brazilian petrochemicals giant Braskem, which claims to be the largest thermoplastics resins producer in the Americas, has announced plans to build a new plant for its Utech ultra...

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ExxonMobil to Invest Over $1 Billion in Antwerp Refinery

04.07.2014 - Esso Belgium, a division of ExxonMobil Petroleum & Chemical, plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into...