Downstream petrochemical news
New contract for ethylene and refinery expansion complex in China awarded to Wood
A further development in the company’s relationship with Sinochem, Wood will provide project management and EPCM services.
Chevron Lummus Global announces successful start-up of RDS unit at NSRP in Vietnam
The 105 000 bpd RHDS unit started up in May 2018 and passed performance guarantees in December 2018.
Haldor Topsoe releases annual report for 2018
Figures show healthy performance in the chemical and refining industries with a 12% increase in revenue.
Wood wins contract to lead project aimed at reducing CO2 emissions
The company will provide engineering and concept design work exploring carbon capture in gas power and industrial settings.
SABIC signs construction contracts with nine companies
As part of Saudi Vision 2030, the company aims to improve health and safety while growing its downstream capacity.
US petrochemical industry to experience surge of investment
Over US$200 billion is to be invested in the industry, according to Wood Mackenzie Senior Vice President Chemicals, Steve Zinger.
Arkema starts its first US PEKK production plant
To satisfy future demand for carbon fibre reinforced composites and 3D printing materials, the company is strengthening its production capacity.
Healthy isobutane market growth forecast
Research by Reports and Data has found that the market will reach US$34 billion by 2026.
Petrochemical cooperation planned between OMV and ADNOC
Another development in ADNOC’s strategy of expanding its petrochemical business, OMV plan further collaboration with the UAE company.
Saudi Aramco announce broad expansion in petrochemical capacity
In a speech given at the Gulf Petrochemicals and Chemicals Association’s Research and Innovation summit, Aramco outlined their vision of increased research and production in the industry.