Russia’s Lukoil commissions second refinery catalytic cracker of VGO
Construction of CCC-2 began in 2010 following the launch of the first catalytic cracking complex that allowed LUKOIL-Nizhegorodnefteorgsintez to switch to production of Euro-5 class fuels.
October 7, 2015Continue reading...Saudi Aramco mulls major refining acquisition in deal with China’s CNPC
Saudi Aramco is expanding into refining and petrochemicals and seeking to boost ties with Asia as part of its strategy to become one of the largest oil and chemicals companies by the end of the decade.
October 6, 2015Continue reading...Romania looks to sell stake in biggest refinery
The government wants to raise at least $200 million in the sale of 26.7% in Rompetrol Rafinare SA and it’s conducting the auction to conform to European Union rules.
October 6, 2015Continue reading...Olin, Dow Chemical finalize $5B merger of vinyls, chlor-alkali businesses
Included are Dow’s US Gulf Coast chlor-alkali and vinyl, global chlorinated organics, and global epoxy business units, in addition to 100% interest in the Dow Mitsui chlor-alkali joint venture.
October 5, 2015Continue reading...Praxair starts up new air separation plant at East China chemical complex
Through a long-term contract, the 600-tpd plant will supply on-site, high-purity oxygen and nitrogen to Oxiran, a leading industrial company focused on the development and sale of ethylene oxide derivative (EOD) chemicals in China.
October 5, 2015Continue reading...BioAmber Sarnia starts production of bio-succinic acid at commercial scale
Management expects the Sarnia plant to be in commercial operation later this month and to increase production volumes progressively to reach full capacity in 2017.
October 2, 2015Continue reading...Mitsubishi investing $100 million on SC BOPET film expansion
Mitsubishi Polyester Film Inc. will make the largest biaxially oriented PET film plant in North America even bigger.
October 1, 2015Continue reading...Norway's Statoil drops upgrade of Mongstad refinery
* Oil firms cutting costs due to low oil prices
* Mongstad is Norway's oil refinery
October 1, 2015Continue reading...ExxonMobil to Divest California Refinery
ExxonMobil has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, California, a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines and other logistics assets, including facilities at the Southwest terminal.
October 1, 2015Continue reading...Jordan Cove LNG project in Oregon wins U.S. environmental impact permit
Calgary-based Veresen Inc. has cleared a key hurdle on the way to winning approval to build a $7-billion LNG export terminal in Oregon that would ship supercooled Canadian and American natural gas all over the world.
October 1, 2015Continue reading...
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