Downstream petrochemical news

According to a new report from TechSci Research, global naphtha consumption will reach 960 million t by 2026.

Lukoil has confirmed that it has completed the sale of Lukoil Chemical B.V., which owns the Karpatneftekhim petrochemical plant.

The largest petrochemicals project in China has selected a range of controls and process technology from Honeywell.

Huntsman has announced it has joined the American Chemistry Council and Peter Huntsman has been appointed to Executive Committee and Board.

Ingleside Ethylene has entered the start-up phase for its ethylene unit in Texas, causing a massive jump in new US capacity for 2017.

Oxea has declared a 'force majeure' on its butyl acetate production in Europe.

Braskem has announced the startup of its new UTEC Ultra High Molecular Weight Polyethylene (UHMWPE) production plant.

The US Energy Information Administration (EIA) expects US production of ethylene to increase to an average of 1.7 million bpd in 2018.

SOCAR has selected Axens’ AlphaButol technology for its GPC project in Azerbaijan.

Petronas has selcted LyondellBasell’s Hostalen ACP PE Technology for a project in Malaysia.