After failing to get South Korean LG Chemicals on board as a technology partner for its Kochi-based petrochemical project, Indian public sector refiner Bharat Petroleum Corporation Ltd (BPCL) said it will buy outright, the critical ...
Tags: BPCL, Technology, Textile
BASF announced the start-up of a new butadiene extraction plant at its Verbund site in Antwerp, Belgium. The plant has an annual production capacity of 155,000 metric tons. The plant in Antwerp is BASF’s second butadiene extraction ...
Tags: Butadiene, Extraction Plant
The global automotive plastics industry is in boom mode today. Improvements in vehicle design and the ongoing trend toward lighter weight for improved fuel efficiency have led to greater demand for engineering plastic components. A recent ...
Tags: Auto Parts, Auto
NYSE-listed CB&I’s proprietary Olefins Conversion Technology (OCT) has been chosen by China’s Shenhua Ningxia Coal Industry Group Co. Ltd to set up a petrochemical plant which will produce polymer grade propylene. CB&I said it ...
Nigerian President Goodluck Jonathan performed the groundbreaking ceremony for the construction of a methanol plant in Ibom State last week. The methanol plant, to be constructed at a cost of US$ 1.5 billion, is being set up by Quantum ...
Tags: The Methanol Plant, Quantum Petrochemical Company, Textile
In the wake of deadly gas pipeline explosions that rocked Kaohsiung in the last week of July, the Taiwanese Government is mulling a proposal to set up a special zone for petrochemical companies in Greater Kaohsiung. Premier Jiang Yi-huah ...
BASF's business developed positively in the second quarter of 2014. At €18.5 billion, sales rose by 1% compared with the same period of the previous year. "This was largely the result of higher sales volumes in our chemicals business, ...
Tags: BASF, Increase, Decoration
Global polypropylene capacity increased at a Compound Annual Growth Rate (CAGR) of 5.2% from 2003, reaching 65 million tons per year (mmty) in 2013, and is expected to continue rising to 86 mmty by 2018, at a slightly higher CAGR of 5.8%, ...
Tags: China&Russia, Polypropylene, Textile
GAIL (India) Limited announced the signing of a Memorandum of Understanding (MOU) with Sumitomo Corporation, Japan (Sumitomo). Under the MOU, GAIL and Sumitomo will pursue business opportunities in natural gas and LNG value chain business ...
Reliance Industries Limited (RIL) reported its financial performance for the first quarter ended 30th June, 2014. Highlights of Quarter’s Performance (Consolidated) -Revenue (turnover) increased by 7.2 % to Rs. 107,905 crore ($ ...
The exports of petrochemical products from Iran earned US$ 838 million in the first four months of the current Iranian calendar year that began on March 21, 2014, according to an IRNA report. During the four-month period, Iran ...
Tags: Exports, US$838 Million, Textile
Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply compact heat exchangers for the caustic evaporation plant of AkzoNobel in Rotterdam, the Netherlands. The ...
The U.S. Environmental Protection Agency (EPA) has issued a final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permit to C3 Petrochemicals LLC in Alvin, Texas. C3 plans to construct a new propane ...
Tags: EPA, Certification, Gas
Automotive manufacturer Ford Motor has partnered with the US-based HJ Heinz Food Company to research if the tomato fiber can be used to develop a more sustainable bio-plastic material for vehicles. With the collaboration, the automaker ...
Tags: Vehicle, Auto Parts