Petrochemicals

CB&I has been awarded a contract by CNOOC Ningbo Daxie Petrochemical Co. Ltd for the license and process design engineering of a polypropylene plant.

W. R. Grace & Co. has completed a US$416 million acquisition of the Polyolefin Catalysts business of Albemarle Corp.

Sadara Chemical Co.’s mixed feed cracker in Saudi Arabia has passed all of its performance tests. TechnipFMC provided technology and front-end engineering design for the cracker.

INEOS Styrolution has announced plans to build a styrene monomer plant in the US Gulf Coast.

ESAI Energy forecasts that global petrochemical use of LPG will expand this year.

Anellotech has achieved two weeks of continuous operation of its pilot plant that produces aromatics from loblolly pine feedstock.

ADNOC has signed two new three-year deals for the sale of up to 1.5 million tpy of naphtha as part of its 2030 smart growth strategy.

The companies have announced the formation of two new joint ventures for the Refinery and Petrochemical Integrated Development project in Malaysia.

With LubeSource announced as the latest First Source Lubrication Marketer for Chevron Canada Ltd, its customers have access to a variety of marketing materials and tools.

Two liquid ethylene gas carriers built by CIMC Sinopacific with Wärtsilä cargo handling systems onboard have been named and delivered.

TechnipFMC has completed the acquisition of Epicerol technology from Solvay SA.

Wood has been awarded a five-year industrial services contract by Lucite International.

Fluor has been awarded a construction contract for MEGlobal’s new monoethylene glycol facility in Freeport, Texas.

According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.

SOCAR Turkey Energy has selected an Axens technology for use at a future petrochemical site in Turkey.