Keyword: Petrochemicals

News

Sinopec in JV to Buy $3 Billion of Assets from Parent

25.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) has agreed to set up a joint venture with its parent company to buy $3 billion worth of oil and gas assets held by the latter in a...

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Sinopec 2012 Profit Falls 12.8%

24.03.2013 - China Petroleum and Chemical Corp (Sinopec Corp) reported a 12.8% fall in 2012 net profit on Sunday, due to a drop in revenues from its upstream and chemicals businesses. Asia's...

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Dow Chemical to Build Specialty Plants on U.S. Gulf Coast

18.03.2013 - Dow Chemical said it plans to build several specialty material production plants on the U.S. Gulf Coast to take advantage of cheap shale-derived natural gas. Margins in Dow's...

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Platts Bans Vitol from Europe Naphtha "Window" Trade

14.03.2013 - Vitol, the world's largest oil trading house, has been barred by pricing agency Platts from its daily European "window" naphtha trading session after failing to deliver on time...

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Thai PTT Global, Pertamina Plan $5 Billion Indonesia Petchem Plant

13.03.2013 - Indonesia's state-owned oil and gas firm, Pertamina, has selected Thailand's PTT Global Chemical (PTTGC) as its partner to build a petrochemical complex in Indonesia with an...

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QP, Shell Announce FEED Award for Al-Karaana

28.02.2013 - Qatar Petroleum (QP) and Shell have launched today the logo of the Al-Karaana Petrochemicals Complex in Ras Laffan Industrial City and also announced the award of the project's...

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Borealis Continues to Deliver Strong Results in 2012

25.02.2013 - Borealis, a provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces a net profit of €100 million in the fourth quarter of 2012...

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Vitol's Dominance Grows in Cash European Oil Markets

19.02.2013 - Top oil trader Vitol is increasingly dominant in European oil markets, taking a stranglehold on Urals crude to the Mediterranean and the naphtha and gas oil markets that rival...