Downstream petrochemical news
Sinopec forecasts 50% jump in 2018 profit
The group’s refined oil sales reached 40 million t for the first time, while chemicals marketing volume also rose from the previous year.
Air Products to build liquid hydrogen facility in California
The company’s second facility in the US comes in response to increasing market demand.
Shell starts production at new petrochemicals unit on US Gulf Coast
Completion of major expansion project makes Shell’s Geismar chemicals manufacturing site the largest producer of alpha olefins in the world.
Syndial begins transforming organic waste into bio-oil
Eni’s environmental services company has begun operating at its pilot plant at the the Gela, Italy refinery.
Alpek JV acquires Corpus Christi PTA-PET plant
Alpek, Indorama and Far Eastern will each have the right to receive one third of the capacity of PTA and PET produced at the Corpus Christi Project upon completion.
Sipchem announces EVA film plant commercial operation
The financial impact of full commercial operations will be reflected in the company's financial results as of 1Q19.
WorleyParsons awarded EPCM contract by INEOS Styrolution America
Services relate to the construction of a new acrylate styrene acrylonitrile facility on the US Gulf Coast.
McDermott awarded polypropylene technology contract in India
Technology award for Hindustan Petroleum’s grassroots refinery and petrochemical project in India.
SOCAR and BP to evaluate petrochemical JV
SOCAR and BP have signed a heads of agreement to explore the creation of a new petrochemicals joint venture in Turkey.
Coming changes in marine fuels sulfur limits will affect global oil markets, says EIA
International regulations set to take effect in January 2020 have implications for vessel operators, refiners, and global oil markets.