The increasing gap between the demand and supply of gas, due to rising demand and limited supply, is posing serious challenges before the GCC petrochemical industry, as the gap is likely to further widen in the coming years. While gas ...
Tags: demand, supply, GCC petrochemical, gas
Taiwan based China Steel Corp the largest steelmaker on the island,announced that steel wires made of titanium 64(Ti-64)are already set for mass production,heralding its fit into Apple Inc.'s supply chain of iPhone 5 that is built with ...
Tags: China Steel Corp, steelmaker, steel wires, Ti-64
Rosneft President Igor Sechin Tuesday met Chinese Vice Premier Wang Qishan to discuss the terms of an intergovernmental agreement to build and operate a refining and petrochemical complex in China's Tianjin, the state-owned Russian oil ...
Tags: intergovernmental agreement, refining and petrochemical complex
Iran Daily reported planning manager of National Iranian Petrochemicals Company production of polymeric petrochemicals will amount to 12 million tonnes per annum by 2016. Mr Ramezan Oladi planning manager of NIPC said that Iran will ...
Tags: Polymer Production, polymeric, production of polymeric petrochemicals
Westpark Recycling Center launched a recycling machine which reduces polystyrene foam at a ratio of 40 to 1, making it economically viable for shipping and feasible to recycle. Workers demonstrated the compactor once it was unveiled, ...
Reuters reported that Saudi Aramco Mobil Refinery Company will shut most of the units at its 400,000 barrel per day Yanbu refinery in March to bring a new cleaner fuel project online. Traders said that the outage planned by the joint ...
Tags: Mobil Refinery Company, cleaner fuel project, gasoil and gasoline
Indorama Ventures (IVL) has completed the previously announced acquisition of the polyethylene terephthalate (PET) assets of PT Polypet Karyapersada in Indonesia. The deal was first announced in March 2012. According to IVL, the deal ...
The Chinese government's latest move to combat tax evasion by imposing a consumption tax on MTBE and aromatics is likely to raise gasoline blending costs and make imports of finished gasoline relatively more cost-effective, industry sources ...
Tags: Tax on MTBE, Gasoline, aromatics
Saudi Arabia's Sahara Petrochemicals Company said late Thursday that its subsidiary Sahara and Maaden Petrochemicals Company, or Samapco, has secured a loan worth Saudi Riyals 1.98 billion ($528.2 million) from a consortium of Saudi banks. ...
Tags: Samapco, Petrochemicals, caustic soda
Oman's Octal Petrochemicals is still offering polyethylene terephthalate in Europe despite a force majeure, contrary to suggestions by some market sources, the company's managing director said Thursday. A European PET converter said ...
India's ONGC Mangalore Petrochemicals Limited has issued tenders to sell paraxylene and benzene from its new aromatics plant, the company said Tuesday. The plant, which is under under construction at Mangalore and scheduled to come online ...
Tags: ONGC Mangalore Petrochemicals Limited, paraxylene, benzene
Addressing the 39th Annual General Meeting of Gujarat Alkalies and Chemicals Limited (GACL), the Chairman Shri A.K. Joti, IAS announced an all time high sales of Rs.1863 crore, registering a growth of 19.35% in a challenging Financial Year ...
Tags: caustic soda, caustic soda plant
Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) congratulates Saudi Polymers Company (SPCo) and its joint venture partner, National Petrochemical Company (Petrochem), as the joint venture’s manufacturing facility ...
The first barrel of ethane from the Bakken field will go to Nova Chemicals' Joffre, Alberta facility to be value added and converted into polyethylene next year, which explains why CEO Randy Woelfel described himself at an industry event in ...
Tags: Shale gas, Petchems, petrochemicals
On the back of disinterest shown by entrepreneurs to invest in Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) set up across India; the Indian government will cast a fresh look at the inverted duty structure prevalent ...
Tags: petrochemicals, Petroleum, Chemicals, duty structure