Downstream petrochemical news
Grace to collaborate with TechnipFMC on catalyst and process technology
Grace and TechnipFMC will jointly develop technology relating to deep catalytic cracking for the petrochemical industry.
Record US petroleum product exports in 2018
The EIA has reported that the US exported an average of 5.6 million bpd of petroleum products in 2018, a new record.
ADNOC exports calcined coke to China for the first time
A major milestone for ADNOC, the first-ever UAE-produced calcined coke shipment has set sail for China.
McDermott awarded petrochemicals contract in Kuwait
McDermott will supply the basic engineering, technology licence, and catalyst for an integrated petrochemicals unit in Kuwait.
Value of US petroleum products exported to Mexico nearly triples between 2008 – 2018
The EIA has reported that the US energy trade with Mexico involves importing crude oil and exporting petroleum products.
Global polyethylene capacity growth to be led by Asia and North America
GlobalData has reported that Asia and North America will lead global polyethylene capacity additions by 2023.
SDK Group starts mass production of liquefied carbon dioxide in Oita Petrochemical Complex
Showa Denko Gas Products Co., Ltd. (SGP) has established a new plant to produce liquefied carbon dioxide.
LyondellBasell licenses 1.1 million tpy Hostalen ACP capacity to PetroChina
PetroChina will use LyondellBasell’s Hostalen ACP technology for three petrochemical plants with a total capacity of 1.1 million tpy of HDPE.
Trafigura enters into petrochemical trading joint venture
Trafigura Group is being joined by executives from the petrochemical industry in creating two new petrochemical trading entities.
Aramco purchases stake in Hyundai Oilbank, South Korea
Saudi Aramco will acquire a 17% stake in South Korea’s Hyundai Oilbank for approximately US$1.25 billion.