Downstream petrochemical news
Arbitrators’ award boosts asbestos case settlement for refinery and chemical workers
Over 2000 plaintiffs in Texas will be awarded another US$140 million 30 years after the case began.
UGI Energy Services acquires South Jersey Energy’s natural gas business
The purchase covers 2500 commercial and industrial customer contracts.
Inter Pipeline announces CAPEX programme for 2019
The majority of capital will be directed towards the company’s Heartland Petrochemical Complex, alongside NGL processing and storage.
Renewable Energy Group releases statement on EPA Renewable Volume Obligations
REG has voiced its approval of the US EPA’s increase of the minimum biofuel volume for 2019.
ICM Inc. to provide processing technologies for FS Bioenergia ethanol plant
Plant in Sorriso, Brazil to help bring FS Bioenergia’s total corn-to-ethanol capacity to over 1 billion l.
Hanwha Total Petrochemical invests in polypropylene plant
Hanwha Total Petrochemical has invested nearly US$500 million to expand its Daesan integrated refining and petrochemical complex.
Limetree Bay Ventures closes US$1.25 billion financing for refinery restart
The facility is located in St. Croix, US Virgin Islands.
Sipchem completes turnaround maintenance on methanol plant
The company has announced the safe completion of activities at the IMC’s facility.
Mansfield Energy acquires O’Rourke Petroleum
Energy supply and logistics company acquires lubricant and fuels distributor.
China LPG imports to rebound, says ESAI Energy
New report finds that a new wave of PDH investment will reignite Chinese demand.