Keyword: Petrochemicals

News

PetroChina Plans Overseas Investments while Q2 profit slides

23.08.2012 - PetroChina, the country's dominant oil and gas producer which also owns refineries, has earmarked close to $16 billion for overseas investment this year as it aims to have half its...

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Eastman, Sinopec to Build Resin Plant in Nanjing

31.07.2012 - Eastman Chemical announced a joint venture with Sinopec Yangzi Petrochemical Company to build a hydrogenated hydrocarbon resin plant in Nanjing, China. The venture will be equally...

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ExxonMobil Profit Lower than Expexted

26.07.2012 - ExxonMobil, the world's largest publicly traded oil company, posted lower-than-expected quarterly earnings on Thursday as its oil and gas output sagged and its chemicals business...

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U.S. Shale Gas Boom Brings Bad News for Europe's Oil Refiners

26.07.2012 - European oil refiners are set to lose a vital export market because the U.S. petrochemical industry is shifting away from reliance on oil products, notably naphtha, and using cheap...

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Gazprom Singapore Aims to Double Revenue by 2015

26.07.2012 - The Singapore trading arm of Russia's largest gas producer, Gazprom, expects to double its revenue by 2015 as it grows trade volume of liquefied natural gas (LNG) and non-gas...

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The Long Way Back

19.07.2012 - Business in Great Britain - Since 2008, the UK chemical industry has gone through one of the biggest downturns in production of all the world's leading producers of chemicals. Now...

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Flexibility to Invest, Agility to Respond

19.07.2012 - Change of ownership: In 2011, Dow divested all of the Haltermann companies. The only affiliate that retains the name is Haltermann in Germany. The former Dow Haltermann subsidiary...

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Saudi Basic Industries Q2 Profits Fall 35%

18.07.2012 - Saudi Basic Industries Corp (SABIC), the world's biggest petrochemicals group by market value, reported a 35% drop in quarterly profits on Wednesday due to lower prices and...