The petrochemicals and chemicals production capacity of Gulf Cooperation Council (GCC) countries is expected to rise to 191.2 million tons by 2020, which would be a whopping 50 percent rise over last year’s capacity of 127.8 million ...
Tags: GPCA Optimistic, GCC Petrochem, Apparel
State-owned Qatar Petroleum (QP) signed a joint venture agreement Sunday with France's Total and Japan's Idemitsu, Cosmo Oil, Marubeni and Mitsui for a new condensate refinery to be built in Qatar at Ras Laffan Industrial City. Under the ...
Tags: Qatar Petroleum, Joint Venture
Not much time has passed since the government of the Western Indian state of Gujarat unveiled its new textile policy in September 2012, but the state government is already mulling on making amendments in the same to make it even better. ...
Tags: Textile Policy, Textile
Iran exported petrochemicals worth $12 billion in the Iranian calendar year that ended March 20, Deputy Oil Minister Abdolhossein Bayat said Tuesday, according to Press TV. "During the last [Iranian calendar] year, despite certain ...
Tags: Petrochemical Exports, Chemicals
Two Japanese companies, Mitsubishi Gas Chemical Company and Mitsubishi Corporation are in the final stages of an agreement with the Government of Trinidad and Tobago and local partner, Neal & Massy Holdings Limited, to start developing a ...
Tags: natural gas, petrochemicals, Textile
UOP LLC, a Honeywell company, announced that its technology has been selected to produce key petrochemicals in a new complex in Brunei. Brunei Hengyi Industries Sdn Bhd, a subsidiary of China's Zhejiang Hengyi Group Co., will use several ...
Tags: aromatics, Brunei Petrochemical
Digital Lumens introduced a new line of intelligent LED lighting fixtures for hazardous locations, all with the integrated controls that drive the industry’s best energy efficiency and faster payback periods. The company also unveiled ...
Tags: LED lighting, LED, lighting
Japan's Toyo Engineering Corp and Egypt's Engineering for Petroleum and Process Industries will jointly construct a 400,000 mt/year polyethylene plant in Alexandria, Toyo said Tuesday. The joint contract is for $400 million and Egyptian ...
Demand for coaster butane in Northwest Europe has emerged as spot prices have fallen, according to industry sources Wednesday. In the winter period most surplus refinery butane is blended into gasoline to increase the vapor pressure. ...
To be able to withstand the challenge from low priced petrochemicals from the US in future, Asia’s biggest retailer, Sinopec Corp, earlier called China Petroleum and Chemical Corp, is gearing up to reduce its petrochemical production ...
The US energy industry must vigorously oppose efforts to restrict exports of liquefied natural gas, ExxonMobil Chemical President Stephen Pryor said Wednesday at the IHS World Petrochemical Conference. As the US Department of Energy ...
Hambana Petrochemicals has announced plans to set up a $137.39m bottle grade polyethylene terepthalate (PET) packaging resin plant in the investment zone adjacent to Chinese-funded port in Sri Lanka. The company, which is promoted by ...
Tags: Hambana Petrochemicals, PET resin plant, packaging resin plant
With 100% of its ethylene cracking capacity located in the Middle East and North America, US oil and petrochemical major Chevron is poised to benefit financially and competitively from its access to cheap feedstock, the company said ...
Tags: Chevron, oil, petrochemical
According to the latest figures from IDC, the MEA region’s external storage market suffered a year-on-year decline in the last quarter of 2012. The research firm announced on Tuesday that the region’s external storage market ...
Tags: IDC, MEA region, external storage market
Reignited concerns over the domestic benzene demand as well as a stubbornly closed arbitrage to the US saw European benzene prices plunge below $1,300/mt for the first time since mid-October, Platts data show. Benzene barges were assessed ...
Tags: benzene, benzene demand, benzene barges