INEOS Melamines & Paraform sold to Prefere Resins Holdng GmbH
Prefere Resins will acquire INEOS Melamines & Paraform in a transaction which is expected to complete in 2Q19.
Petrochemicals
Axens to supply hydrocracking technology to Shenghong Refining & Chemical
Axens will provide two hydrocracking units for naphtha production at the Chinese petrochemical complex owned by Shenghong Refining & Chemical.
Grace to collaborate with TechnipFMC on catalyst and process technology
Grace and TechnipFMC will jointly develop technology relating to deep catalytic cracking for the petrochemical industry.
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Record US petroleum product exports in 2018
The EIA has reported that the US exported an average of 5.6 million bpd of petroleum products in 2018, a new record.
ADNOC signs long-term agreement for base oil sales to IndianOil
ADNOC will expand its access to India by supplying its Group III base oil, ADbase, to IndianOil.
Burckhardt Compression wins new orders
Burckhardt Compression has signed contracts to equip mega-plants with hyper and booster primary compressors in China.
BCCK appoints Don Tyler as director of engineering
Don Tyler will hold the position of director of engineering for BCCK.
McDermott awarded petrochemicals contract in Kuwait
McDermott will supply the basic engineering, technology licence, and catalyst for an integrated petrochemicals unit in Kuwait.
Aramco to buy Shell’s share of the SASREF refining joint venture
Shell’s share of the SASREF refining venture will be acquired by Aramco, giving it complete ownership of the project.
More Petrochemicals news
Value of US petroleum products exported to Mexico nearly triples between 2008 – 2018
The EIA has reported that the US energy trade with Mexico involves importing crude oil and exporting petroleum products.
Global polyethylene capacity growth to be led by Asia and North America
GlobalData has reported that Asia and North America will lead global polyethylene capacity additions by 2023.
SDK Group starts mass production of liquefied carbon dioxide in Oita Petrochemical Complex
Showa Denko Gas Products Co., Ltd. (SGP) has established a new plant to produce liquefied carbon dioxide.
LyondellBasell licenses 1.1 million tpy Hostalen ACP capacity to PetroChina
PetroChina will use LyondellBasell’s Hostalen ACP technology for three petrochemical plants with a total capacity of 1.1 million tpy of HDPE.
Trafigura enters into petrochemical trading joint venture
Trafigura Group is being joined by executives from the petrochemical industry in creating two new petrochemical trading entities.
Arja Talakar named CEO of Siemens Oil & Gas
After 23 years with Siemens, Arja Talakar will take the lead in the midst of wide industry changes.