Downstream petrochemical news

Following clearance from the European Commission, INEOS Enterprises has confirmed it has concluded the sale of INEOS Baleycourt and INEOS ChloroToluenes (ICT) to Valtris Specialty Chemicals for an undisclosed amount.

A report from ESAI Energy concludes that global investment in ethane crackers and other olefin units will lead to overcapacity and inter-fuel competition.

Wood has been awarded a contract to provide a feasibility study for a new gas-to-chemical complex.

The cracker at ExxonMobil’s Baytown chemical and refining complex in Texas, US, will provide ethylene feedstock to new performance polyethylene lines at the Mont Belvieu plastics plant.

Orpic aims to meet plastic demand with its Liwa Plastics Industries Complex project, which will include a refinery, aromatics plant, steam cracker and downstream polypropylene and polyethylene plants.

Saudi Aramco and SABIC have awarded a contract to KBR for the development of part of a crude-oil-to-chemicals complex.

Praxair has started up two new air separation plants to supply China National Offshore Oil Corp.’s petrochemical park.

McDermott International Inc. has been awarded a contract for engineering, procurement and construction of storage tanks.

Jiangsu Jiarui Chemical Co. Ltd will use a Honeywell UOP technology to produce polymer-grade propylene at its facility in the Taixing Industrial Zone.

Advisian has been awarded the role of preparing the pre-FEED and licensor evaluation for the expansion of Borouge’s petrochemical facility in the UAE.