Major infrastructure projects and extensive plans to galvanise residential construction have fuelled demand for building materials in Saudi Arabia, prompting the government to intervene in the cement market for the second time in as many ...
Tags: Cement, Construction, Decoration
India and Iraq have expressed keen interest in setting up refineries and petrochemical plants in Iraq. According to an official statement issued in New Delhi, Union Minister for Petroleum and Natural Gas M Veerappa Moily led a ...
Tags: Petrochemical Plants, Textile
Indonesia’s largest petrochemical firm PT Chandra Asri and German company Ferrostaal Industrial Projects GmbH have signed an agreement to set up a methanol-based olefin production complex in Indonesian province of West Papua. ...
Tags: Chandra Asri, Ferrostaal Ink, PP, Ethylene
INEOS Technologies announced that it has been chosen to provide the Innovene PP process to Oriental Energy Company Limited based in Nanjing for its subsidiary, Ningbo Fuji Petrochemical Company Limited. The unit, to be built in Ningbo, ...
Tags: PP Technology, Textile
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals
MEGlobal on Monday nominated its August Asia contract price for monoethylene glycol at $1,140/mt CFR, up $40 from its price for July, a company source said in an email. "The August 2013 ACP reflects the short term supply/demand situation ...
Tags: Monoethylene Glycol, Chemicals
The annual revenue of downstream polypropylene converters in the six-member Gulf Cooperation Council will reach a combined total of $1.34 billion in 2016, US based consultancy Frost & Sullivan said Monday. The GCC comprises of the UAE, ...
Tags: Polypropylene Converters, Electronics, Industrial Equipment, Instruments
The Asian naphtha industry gathered Thursday for the start of the 22nd CFR Far East Open Specification Naphtha Meeting to debate among other things a recommendation that seeks to widen the scope of naphtha cargo origins for inclusion in an ...
Tags: Chemicals, Metallurgy, Mineral, Energy
US refiner Valero Energy will build one of the world's largest methanol plants at its St. Charles, Louisiana, refinery, the company said Thursday. The $600 million-$700 million project will add a 1.6 million tons/year methanol plant at ...
Tags: Chemicals, Metallurgy, Mineral, Energy
INEOS Technologies is pleased to announce that it has licensed its Innovene S Process for the manufacture of medium density and high density polyethylene to CNOOC Oil and Petrochemical Company Limited for its cracker complex located in ...
Tags: China, Cnooc, Ineos Technology
US-based supplier and manufacturer of biodegradable food packaging and plastic bags Trellis Earth Products said that the company will relocate its manufacturing operations from China to Rochester, New York. About $8.3 million will be ...
Tags: Trellis Earth Products, Printing, Packaging
Saudi Arabia's National Petrochemical, or Petrochem, announced Monday that its affiliate Saudi Polymers has completed maintenance work at its polymers plant in Jubail and will restart all units there early next week. The units were shut ...
Tags: Saudi Polymers, Jubail Plant
Currently, the project is widely used welding cooling after annealing disposal to eliminate remain stress, and remain stress after welding cooling is an important process of attack, this approach not only a waste of power and simple attack ...
On July 8, Fortune Magazine published its list of the global top 500 companies for 2013. Sinopec ranked No. 4, the highest of any Chinese company on the list, with annual operating revenue of US$428.167 billion. This is the fifteenth ...
Tags: Sinopec, Fortune 500 List
China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works prices for butadiene by 16% effective late Monday, its second cut this month, end-users said Tuesday. With the latest reduction, Sinopec's subsidiaries in East, North ...
Tags: Sinopec, Butadiene Prices