SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or ...
Tags: SABIC, ExxonMobil, U.S.Gulf Coast
After signing the agreement, Wang Yupu (R) shakes hands with Igor Sechin (L). On Sept. 2, Sinopec and Russia’s Rosneft signed at the Eastern Economic Forum a binding agreement on a joint prefeasibility study for the construction and ...
Tags: Sinopec, Rosneft, joint prefeasibility study
Malaysia's Petronas Chemicals Group said Tuesday that it has acquired three companies involved in the Refinery and Petrochemicals Integrated Development, or RAPID, project at Pengerang, Johor, from Petronas Refinery and Petrochemical Corp. ...
Tags: Malaysia's Petronas Chemicals, acquisition, petrochemical products
The short-term outlook for biomaterials in coatings and related sectors in Europe has been looking grim in the wake of the fall in the oil price. However companies along the biomaterials value chain in the region are not overtly concerned. ...
Tags: biomaterials, coatings
China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
Beumer Group has introduced a sustainable form-fill-seal (FFS) system for chemical products offering high throughput, availability and a compact design. The SealPac system ensures reproducible weight accuracy of the bags, and operators ...
Tags: Beumer Group, form-fill-seal
Kuwait-based Equate Petrochemical Company said it has successfully completed turnaround of its plants and also the first phase of the polyethylene plant debottlenecking project. As part of the exercise, all units were shutdown from ...
Tags: ethylene, polyethylene, ethylene glycol, Textile
The signing of a free trade agreement (FTA) between China and Korea is expected to result in a structural change in trade patterns between the two counties. The FTA and its consequences thus offer a rare moment for Taiwan to review its ...
Tags: free trade agreement, tariff rates
In the third quarter ending September 30, 2014, higher sales volume of high margin ethane-based products, helped net profit at Petronas Chemicals climb 4.1 percent, from a year ago quarter. Net profit in the third quarter of 2014 rose to ...
Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
The exports of petrochemical products from Iran increased by six percent during the first quarter of the current Iranian calendar year that started on March 21, 2014, reports Press TV. The data shows that petrochemical exports increased ...
Tags: Textile Exports, Textile
Iran-based Fanavaran Petrochemical Company has surpassed its own earlier record of monthly methanol production, FARS News Agency reported. During the last month of the Iranian calendar year that ended on July 22, the company produced ...
The exports of petrochemical products from Iran earned US$ 838 million in the first four months of the current Iranian calendar year that began on March 21, 2014, according to an IRNA report. During the four-month period, Iran ...
Tags: Exports, US$838 Million, Textile
The Government of Iran has issued instructions to oil refineries and petrochemical units to not to reduce their feedstock supply to downstream petrochemical units, reports Shana. The order issued by Iran’s Minister of Petroleum ...
An investment of US$ 33 billion is needed for financing the petrochemical projects that are currently under construction, a senior official of the National Petrochemical Company (NPC) has said, reports Tasnim News Agency. Mohammad-Hassan ...
Tags: Financing, Petrochemical Projects, Textile