Keyword: Petrochemicals

News

NKNKh Starts Russian Polystyrene Plant

16.04.2014 - Leading Russian petrochemical producer Nizhnekamskneftekhim (NKNKh) has started up its new 50,000 t/y polystyrene production line in Tatarstan, the fourth unit in a complex built...

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PKN Orlen Said in Talks with Eni on Czech Refinery Stake

16.04.2014 - Polish oil firm PKN Orlen is in talks to buy Italian oil and petrochemical producer Eni's 32.4% stake in the Czech Republic's sole refinery, the Czech industry minister said, a...

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Norway's Statoil Disappointed With Shale Outside U.S.

10.04.2014 - Norway's Statoil, looking to become a global energy company, has been disappointed so far in its hunt for shale opportunities to match the quality of its U.S. assets, a senior...

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Antero to Supply Ethane to Ascent Project in West Virginia

09.04.2014 - Brazilian oil and petrochemicals group Braskem has secured an agreement with U.S. oil and gas producer Antero Resources for supply of ethane feedstock to the Ascent (Appalachian...

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Chevron Phillips Breaks Ground for $1.5 Million Cracker

08.04.2014 - Chevron Phillips Chemical (CP Chem) has held groundbreaking ceremonies for the new 1.5 m t/y ethane cracker to be built at its Cedar Bayou site near Baytown, Texas. The cracker...

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Sotragem Offers to Buy Mothballed LyondellBasell Refinery

31.03.2014 - Monaco-based oil products trading company Sotragem said it has offered to buy LyondellBasell's mothballed Berre refinery in southeastern France. Sotragem declined to say how much...

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BASF Total JV Starts Tenth Cracker Furnace at Port Arthur

26.03.2014 - BASF Total Petrochemicals, a 60:40 joint venture of BASF and French oil and petrochemicals group Total, has started up a tenth furnace at its Port Arthur, Texas, steam cracker. The...

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Sinopec to Cut Spending After Earnings Drop

24.03.2014 - After reporting a 35% earnings decline for the 2013 fourth quarter, Chinese oil and petrochemicals giant Sinopec said it would cut capital spending to just under $26.2 billion in...