Downstream petrochemical news
INEOS announces mega-investment in port of Antwerp
The capital outlay is the largest in the European chemical industry in the past two decades.
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.
Kemira forms chemicals JV in South Korea
NewCo will produce dry polyacrylamide and cationic monomer A9 among other chemicals.
Flotek Industries to sell Florida Chemical to ADM
US$175 million deal accompanies long-term reciprocal supply agreements.
BP to expand petrochemical presence in South Korea
BP and Lotte have agreed a major expansion of production capacity at their JV Lotte BP Chemical Co. Ltd facility in Ulsan, South Korea.
China and US lead global ethylene capacity additions by 2026, says GlobalData
Around 140 planned and announced plants are scheduled to come online during the forecast period.
Aemetis India biodiesel plant completes capacity expansion
The expansion enables full production of 50 million gal./yr of biodiesel and bio-oil.
Romania to drive European gas processing industry capacity growth to 2022, says GlobalData
Europe is expected to add two gas processing plants by 2022.
AB Klaipedos Nafta releases preliminary activity and revenue results for December 2018
An overall decrease in loading volumes for 2018 is mainly the result of the lower quantities of light oil products from ORLEN Lietuva refinery, the company stated.
Husky Energy considering sale of non-core downstream assets
The company will potentially sell its Canadian retail and commercial fuels business and its Prince George Refinery.