LyondellBasell Industries announced earnings for the first quarter 2013 of $906 million, or $1.56 diluted earnings per share. First quarter 2013 EBITDA was $1,585 million, a 25 percent increase from the fourth quarter 2012 and a 29 percent ...
Tags: Textile
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
LyondellBasell executives, led by CEO Jim Gallogly, told participants at the company's Investor Day in New York how LyondellBasell is preparing to build upon its record 2012 performance which included $5.8 billion of EBITDA and earnings of ...
Tags: Lyondellbasell, Record Performance, Textile
Assam Petrochemicals hopes to start its new acetic acid plant towards the end of 2015. “The start-up of plant has been postponed due to some pending regulatory issues. It was originally scheduled to start towards end-2014,” ...
Methanex Corporation announced plans to increase operating capacity at its New Zealand operations by 700,000 tonnes to 2.2 million tonnes by the end of 2013. Methanex has secured a new natural gas supply agreement, which will enable the ...
Tags: Methanex Corporation, operating capacity, New Zealand operations
Gov. Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 billion in a new methanol production facility on the banks of the Mississippi ...
Malaysia-based Petronas Chemical which had shutdown its No-2 methanol plant owing to technical issues has restarted the plant on March 4. Speaking to fibre2fashion, a company official said, “We had shut down the No-2 methanol ...
Saudi Basic Industries Corporation (SABIC) has rolled back its plan to set up a US$ 5.3 billion methanol plant in the Caribbean nation of Trinidad and Tobago. The negotiations for constructing a methanol complex were stopped after SABIC ...
Tags: SABIC, Methanol Plant, Trinidad
Methanex Corporation and Chesapeake Energy Corporation announced the execution of a 10-year agreement to supply all of the natural gas required for Methanex's one million tonne per year methanol plant in Geismar, Louisiana. Commencement of ...
Tags: Methanex Corporation, Chesapeake Energy Corporation, natural gas
A methanol plant with annual production capacity of 850,000 tons will be set up by the Gulf of Guinea Oil Exploration Limited (GGOEX) in Delta state of Nigeria. The proposed plant, when it becomes operational in 2015, would be the ...
Tags: methanol plant, methanol, methanol industry
Methanex Corporation announced that it has been granted the required air permits by the State of Louisiana and the EPA to construct and operate its one million tonne methanol project in Geismar,Louisiana. Bruce Aitken,President and CEO of ...