Downstream petrochemical news

The US Department of Energy intends to modernide its organisational structure to advance its policy goals.

NIBE has reached an agreement to acquire 60% of the outstanding shares in Gaumer Co. Inc.

BASF and SINOPEC will expand their neopentyl glycol production capacity in Nanjing, China.

ABB has completed a business model change for its engineering, procurement and construction divisions.

Jacobs Engineering Group Inc. has completed its acquisition of CH2M.

Inter Pipeline will build Canada’s first integrated propane dehydrogenation and polypropylene complex.

INEOS Oligomers has made a financial investment decision to build a new world scale PAO plant in Texas, US.

CB&I has received a full notice to proceed from Kazakhstan Petrochemical Industries regarding a petrochemical plant project in Kazakhstan.

Trafigura has signed a sale and purchase agreement for the majority of Pampa Energia’s downstream assets in Argentina.

Hanwha Total Petrochemical is investing to expand its integrated refining and petrochemicals platform.