Petrochemicals

The capital outlay is the largest in the European chemical industry in the past two decades.

The new methanol unit is expected to make the isoprene facilities more efficient and reduce production costs.

NewCo will produce dry polyacrylamide and cationic monomer A9 among other chemicals.

Michael Lordi has been appointed the new CEO of Elliott Group, succeeding Yasuyuki Uruma.

US$175 million deal accompanies long-term reciprocal supply agreements.

BP and Lotte have agreed a major expansion of production capacity at their JV Lotte BP Chemical Co. Ltd facility in Ulsan, South Korea.

Around 140 planned and announced plants are scheduled to come online during the forecast period.

TechnipFMC has announced that a new world-scale ethylene cracker for the CSPCL Nanhai petrochemical complex has passed performance tests.

The expansion enables full production of 50 million gal./yr of biodiesel and bio-oil.

CNOOC Huizhou Petrochemicals has achieved China VI diesel target with DuPont IsoTherming DHT unit.

BGF has confirmed the exit of its minority investment in Petrotechnics, following the recent acquisition by Sphera Solutions.

UNIPOL PP Process Technology will be used for a new 400 000 tpy facility in Daesan, South Korea.

The group’s refined oil sales reached 40 million t for the first time, while chemicals marketing volume also rose from the previous year.

Completion of major expansion project makes Shell’s Geismar chemicals manufacturing site the largest producer of alpha olefins in the world.

INEOS Oxide has closed the acquisition of the Wilmar ethoxylation plant in Lavéra, France.