Petrochemicals

In 2Q16, BASF saw a slight improvement in the macroeconomic environment, underlined by the recent increase in oil price and pickup in demand.

Chu Kong Petroleum Natural Gas Steel Pipe Holdings Limited has been awarded a price agreement to supply approximately 40 000 t of steel pipes for the Refinery and Petrochemical Integrated Development project.

Permasense has relocated its Houston premises to accommodate its expanding team.

SABIC and an affiliate of ExxonMobil are considering the potential development of a jointly owned petrochemical complex on the US Gulf Coast.

Morgan Advanced Materials has announced it has added hafnium oxide to its offering in order to support demand in the oil and gas industry.

Petrobras has reported that its Board of Directors approved a reassessment of its Rio de Janeiro Petrochemical Complex (COMPERJ) project.

MSA Safety has released its results for 2Q16.

Pentair’s Valves and Controls have released the Pentair University customer education programme, featuring technical seminars and demonstrations led by Pentair subject matter experts.

Johnson Matthey has released its trading update for the 1Q16.

CSW Industrials and Newtyn Management have reached an agreement regarding the 2016 Annual Meeting of Stockholders.

The global market is projected to reach US$54.16 billion by 2021, registering a CAGR of 12.4% between 2016 and 2021.

Enterprise Products Partners has loaded its first two vessels with polymer grade propylene for export at its terminal along the Houston Ship Channel.

Westlake Chemical has announced it has restarted its plant in Calvert City, Kentucky, after an unplanned shutdown.

Stolt-Nielsen Limited has agreed to the acquisition of the chemical tanker operations of Jo Tankers.

Black & Veatch’s first PRICO-NGL® facility has passed its performance acceptance.