Petrochemicals

Albemarle Corporation is to relocate its headquarters to Charlotte, North Carolina, US.

DuPont appoints new President and new Chairman and CEO.

IHS has said that though the investment would be risky, it would reap large returns.

Inchcape Shipping Services has advised that all chemical, oil, and LPG terminals in Tianjin port close, following the warehouse explosion.

Hertel UK celebrates 5 million hours without a lost-time incident.

The industrial valves market is expected to register substantial growth at a CAGR of 13% during 2015 - 2020.

Price drops in Asia, an easing of prices for major olefins and polyolefins in Europe, and a lower propylene price in the US helped push the global IPEX lower for July.

Aubin Group has been selected as the single (preferred) supplier of speciality chemicals for National Petroleum Services’s (NPS) global operations.

Chevron Corporation reported earnings of US$571 million for 2Q15, compared with earnings of US$5.7 billion in 2Q14.

Cogent Skills, incorporating the National Skills Academy for Process Industries has surpassed 4000 delegates on its suite of process safety management training course.

Exxon Mobil announced estimated 2Q15 earnings of US$4.2 billion, or US$1 per diluted share.

The Sumitomo Chemical Group posted operating income of JPY33.2 billion and ordinary income of JPY49.8 billion for the quarter ended 30 June 2015.

LyondellBasell Industries announced earnings from continuing operations of US$1.33 billion, or US$2.81 diluted earnings per share, for the second quarter of 2015.

DuPont announced second quarter operating earnings of US$1.18 per share, compared to US$1.17 per share recorded in the same period a year earlier.

Howard Energy Partners has acquired a majority interest in the GT Omniport Terminal near Port Arthur, Texas.