THE WOODLANDS, Texas, Dec. 2, 2013 /PRNewswire/ -- CB&I (NYSE: CBI) announced today it has been awarded a contract valued at approximately $1 billion by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corporation ...
Sasol announced today that it has selected Technip as the primary contractor for the front-end engineering and design (FEED) phase of its proposed gas-to-liquids (GTL) facility in Louisiana. "The selection of Technip as FEED contractor is ...
Tags: Sasol, Technip, FEED, contractor, gas-to-liquid, facility
Westlake Chemical Corporation reported record quarterly net income of $170.3 million, or $2.54 per diluted share, on net sales of $1,004.2 million for the quarter ended September 30, 2013. This represents an increase in net income of $83.3 ...
Tags: Ethane Prices, Textile
Abundant shale natural gas reserves in the United States are expected to keep petrochemical producers in North America well stocked with inexpensive ethane for the next decade, according to the just-launched Platts Petrochemical Analytics: ...
Tags: platts, petrochemical, analytic, report, shale, gas, boom
Yokogawa Electric Corporation announced that it has been selected as the Main Automation Contractor for Chevron Phillips Chemical Company LP's (Chevron Phillips Chemical) USGC Petrochemicals Project. The project was first announced in ...
Calling it a "game changer" for West Virginia, Gov. Earl Ray Tomblin announced that Odebrecht will build an ethane cracker and three polyurethane plants in the Mid-Ohio Valley region. Odebrecht is an established international petrochemical ...
Tags: Shale, oil, gas, processing, facility, Wood County
Yokogawa Electric Corporation announced today that it has been selected as the Main Automation Contractor for Chevron Phillips Chemical Company LP's (Chevron Phillips Chemical) USGC Petrochemicals Project. The project was first announced in ...
Tags: Yokogawa, Chevron Phillips Chemical, USGC, petrochemical
Alexey Miller, Chairman of the Gazprom Management Committee and Dmitry Konov, Chief Executive Officer of SIBUR signed today at the Gazprom headquarters a Memorandum of Cooperation while constructing a gas processing plant and a gas chemical ...
Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...
Tags: naphtha, light products
Alexey Miller, Gazprom’s Chairman of the Management Committee, and Dmitry Konov, SIBUR’s CEO, signed Memorandum of Cooperation in the gas processing project in Far East that envisages construction of a gas processing plant (GPP) ...
Tags: Gazprom, Future Project
Novomer Inc., a sustainable materials company pioneering a family of high-performance polymers and other chemicals from renewable feedstocks such as carbon dioxide (CO2), recently announced a major new application of its catalytic ...
Tags: Coatings Market, Paint
The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
Shell's recent announcement that it is seeking additional feedstock supplies for its proposed western Pennsylvania petrochemical facility is only one major roadblock that the facility needs to circumvent in the next few years, a Platts ...
Shell Chemical has begun taking bids to secure ethane from Marcellus Shale operators for its proposed world-class petrochemical plant in Beaver County, Pennsylvania, the company said Tuesday. Shell is accepting bids for feedstock from ...
Tags: Shell Chemical, Ethane Feedstock
Ravi Sethi of ProcurianRaw material costs as a percentage of plastic packaging costs have been on a steady rise due to the long-term appreciation in crude oil prices, a key ingredient for resins. Crude oil prices have increased five-fold ...