Downstream petrochemical news

Will the oil price volatility persist in 2017 and continue to cause shock to the petrochemical sector?

Alpek has obtained the necessary corporate approvals to acquire PetroquímicaSuape and Citepe from Petrobras.

ESP PetroChemicals has announced it has completed its restructuring and sale of assets to Encore Chemical Solutions.

CB&I has announced it has formed a strategic alliance to provide up to 30 proprietary technologies to complex in China.

BP and DuPont's joint venture, Butamax, has announced the next step in the commercialisation of bio-isobutanol with its acquisition of an ethanol facility in Kansas, US.

Fluor has announced it has finished the construction of Dow Chemical’s ethylene production facility on schedule.

CB&I has announced it has been awarded a multi-technology award for an integrated refining and petrochemical project in China.

Total is entering a partnership with Borealis and Nova with the aim of building an ethane steam cracker and a new polyethylene unit on the Gulf Coast.

Orascom Construction has selected Aconex Ltd (ACNXF) to manage its methanol plant megaproject.

Ascend Performance Materials has announced it will develop new bulk loading facilities for deliveries of its hexamine product.