Petrochemicals

Air separation units at the Tennessee facility will be owned and operated by Air Products.

The total project cost is estimated at US$60 million. The amount of planned debt financing is expected to be worth between US$35 – US$40 Million.

The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC Company, Limited.

Air Liquide Engineering & Construction will provide an air separation unit to Shandong Runyin Bio-Chemical Industry Co. Ltd.

ABB has received an order from JG Summit Petrochemical to supply electrical and process power management systems for its petrochemical expansion project.

Bob Patel will lead the board of the organisation for a two-year term beginning on 1 January 2019.

Latest report forecasts global market capacity to grow by 40.4 million tpy.

MHI will undertake EPC responsibilities for the plant to be built in Polash, 50 km northeast of Dhaka.

WorleyParsons has entered a binding agreement to acquire the Energy, Chemicals & Resources division of Jacobs.

NACE International has a collection of technical resources meant to strengthen your corrosion management system through information on procedures, tips and techniques for corrosion control.

US$350 million investment will result in production of 306 million gal./yr.

TAIF will acquire a licence to build Russia’s first plant producing biodegradable PHAs bioplastic.

CNOOC and Shell have signed a MoU to explore the development of petrochemical manufacturing facilities at the Nanhai site in Huizhou, Guangdong province, China.

Latest report observes that oil companies are diversifying beyond upstream oil and gas core.

Riyadh investment forum sees strategic and commercial collaborations formed, valued at more than US$34 billion.