Indian flexible packaging films producer Jindal Poly Films has announced the acquisition of the Global biaxially-oriented polypropylene (BOPP) films business of the US-based ExxonMobil Chemical for about $235m. With the latest ...
Tags: Packaging Films, Packaging
The war of words between the American Fuel and Petrochemical Manufacturers and the Renewable Fuels Association hit a boiling point Thursday morning. RFA President Bob Dinneen was responding to comments Wednesday from AFPM President ...
ExxonMobil has sought Australian government approval to install the world's largest floating LNG production facility at the Scarborough gas field it shares with BHP Billiton in the Carnarvon Basin off the country's northwest coast. The ...
ExxonMobil Chemical's affiliate ExxonMobil Chemical Technology Licensing has signed an agreement to license its tubular process technology to Sasol North America for a low density polyethylene (LDPE) plant in Lake Charles, Louisiana, US. ...
ExxonMobil Chemical has nominated an initial April polymer-grade propylene contract price down 7 cents from March to 66 cents/lb, market sources said Monday. Officials with the company could not be reached for immediate comment. The ...
Tags: CP Nomination, Exxonmobil, Propylene
NYMEX May crude settled 16 cents lower at $97.07/b on Monday, as the complex came under pressure from a combination of weaker-than-expected US manufacturing data and the closure of ExxonMobil's 96,000 b/d Pegasus crude pipeline on Friday. ...
Tags: NYMEX Crude, Pipeline
Sasol North America plans to build a new low density polyethylene plant in Lake Charles, Louisiana, and will use ExxonMobil Chemical's tubular process technology for its operations, the companies said. The 420,000 my/year plant is ...
Japanese refiner Idemitsu Kosan has nominated the April paraxylene Asian Contract Price at $1,600/mt CFR, sources close to the negotiations said Friday. There are four PX ACP sellers in Asia -- ExxonMobil, Idemitsu Kosan, Japan's JX ...
The April US butadiene contract price settled at a rollover at an 84-86 cents/lb ($1,852-1,896/mt) split settlement, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ExxonMobil ...
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 ...
Americans take electrical power for granted whenever they flip on a light switch. But the growing use of solar and wind power in the United States makes the on-demand delivery of electricity more challenging. A key problem is that the ...
Tags: electrical power, Electrical, Electronics
Pakistan's highest decision making body -- the Economic Coordination Committee -- has failed to take a decision on the award of a multi-billion dollar contract to import 400,000 Mcf/day of LNG over 15 years and has left the matter to the ...
Tags: LNG, Petroleum, Natural Resources
SAP on Thursday announced that its Mobility Design Centre had gone global, following increasing demand from custom-built mobile apps that provide consumer-grade experiences. The announcement was made at the CeBit trade show in Hanover, ...
Tags: SAP, Mobility Design Centre, mobile apps
Austria's Borealis has acquired Netherlands-based DEXPlastomers from ExxonMobil Chemical Company and Royal DSM, the Austrian petrochemical company said in a statement issued Monday. No financial details were given. DEXPlastomers, founded ...
Tags: Borealis, petrochemical, polyethylene
Borealis reported Monday a 72% jump in fourth-quarter net profit to Eur100 million ($133 million) from Eur58 million a year earlier, but gave a downbeat view on the 2013 outlook for its European polyolefins business. Sales grew to ...
Tags: Borealis, net profit, company news, chemicals