Petrochemicals

McDermott will supply the basic engineering, technology licence, and catalyst for an integrated petrochemicals unit in Kuwait.

Shell’s share of the SASREF refining venture will be acquired by Aramco, giving it complete ownership of the project.

The EIA has reported that the US energy trade with Mexico involves importing crude oil and exporting petroleum products.

GlobalData has reported that Asia and North America will lead global polyethylene capacity additions by 2023.

Showa Denko Gas Products Co., Ltd. (SGP) has established a new plant to produce liquefied carbon dioxide.

PetroChina will use LyondellBasell’s Hostalen ACP technology for three petrochemical plants with a total capacity of 1.1 million tpy of HDPE.

Trafigura Group is being joined by executives from the petrochemical industry in creating two new petrochemical trading entities.

After 23 years with Siemens, Arja Talakar will take the lead in the midst of wide industry changes.

Saudi Aramco will acquire a 17% stake in South Korea’s Hyundai Oilbank for approximately US$1.25 billion.

The signing of a sales-purchase agreement by MOL to acquire Aurora signals MOL’s entry into recycled plastic compounding.

Dow will work with PETRONAS Chemicals Group as its first carbon savings contributor to the Dow-International Olympic Committee Official Carbon Partnership.

New report from GlobalData forecasts that Asia will be a major contributor to growth in the global petrochemical industry by 2030.

Clariant’s new catalyst, for selective oxidation of ortho-xylene to phthalic anhydride, has been successfully started up in the Petrowidada in Indonesia.

To meet growing customer demand, BASF will increase the capacity for alkylethanolamines by 20% at its Verbund site in Ludwigshafen, Germany.

Braskem has signed an agreement with Siemens to modernise a cogeneration power and steam plant at its petrochemical complex in Sao Paulo, Brazil.