Downstream news
Sipchem schedules periodic maintenance turnaround for diol plant
The financial impact of the scheduled maintenance will be announced once the activity is completed.
Celanese to acquire synthesis gas production unit from Linde
The unit is located at the Celanese Clear Lake acetyl intermediates manufacturing facility located in Pasadena, Texas.
INEOS announces mega-investment in port of Antwerp
The capital outlay is the largest in the European chemical industry in the past two decades.
EIA: Changes in marine fuel sulfur limits will put temporary upward pressure on diesel margins
EIA’s analysis indicates that the price effects that result from implementing the new IMO standard will be most acute in 2020 and will diminish over time.
ExxonMobil receives silver validation
ExxonMobil’s lubricant operations have received Zero Waste to Landfill silver validation from UL.
Pin Oak acquires land for terminal expansion
The site can accommodate in excess of 10 million bbls of bulk liquids storage, as well as a full unit train solution.
PJSC Nizhnekamskneftekhim and Haldor Topsoe sign methanol unit contract
The new methanol unit is expected to make the isoprene facilities more efficient and reduce production costs.
Oil price volatility driving mergers and acquisitions in recent years, says GlobalData
Falling revenues and rising debts compelled oil and gas companies to realign their strategic objectives and reshape their portfolios, finds the company’s report.
Par Pacific closes acquisition of US Oil & Refining Co.
Par Pacific acquires US Oil & Refining Co. and certain affiliated entities for US$358 million plus working capital.
Bowman achieves UHC emissions reduction for gas generators
Trials indicate that ETC technology reduces UHC emissions by 25 – 50%.