Petrochemicals

Wood Group has agreed to acquire The Infinity Group (Infinity), an industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors.

Bob Dudley, BP's Group Chief Executive, will discuss COP21 outcomes at IP Week 2016.

GSE Systems has appointed Bahram Meyssami as its new Chief Technology Officer.

Trecora Resources has announced plans to construct a 4000 bpd reformer unit at its South Hampton Resources subsidiary in Silsbee, Texas.

Actemium Oil & Gas Major Projects has chosen to further strengthen its cooperation with Intergraph to increase productivity and efficiency in complex engineering projects.

Shell Chemical LP has announced the final investment decision to increase alpha olefins production at its chemical manufacturing site in Geismar, Louisiana.

LyondellBasell has announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Pvt. Ltd (Zylog) of India.

Sumitomo Chemical will license its technologies of manufacturing polypropylene (PP) and propylene oxide (PO) to South Korea’s S-OIL Corp.

Iran will have finished the construction of three petrochemical units by March 2016, and is working on three more.

Neste Jacobs and Borealis has signed an agreement with Neste Jacobs to deliver the complete EPCM services for the upgrade of four of its cracker furnaces in Stenungsund, Sweden.

Dr Colin Brown, Director of Engineering at the Institution of Mechanical Engineers, has responded to the UK government’s spending review.

According to Fitch Ratings, deflation in the energy sector has filtered through to lower prices for petrochemicals, plastics, and other chemicals with energy-related feedstocks.

Hints from industry insiders suggest that oil prices will rise again.

The GPCA has announced its expectations for petrochemical demand to grow at 4% over the next 10 years.

Screw pumps play an essential role in a wide range of applications such as the water treatment, oil extraction, hydraulic fracturing and chemical industries.