AkzoNobel to expand Houston research facility for performance coatings
The upgraded AkzoNobel facility will support the company's protective coatings, marine coatings and specialty coatings businesses. Completion is due in early 2016.
June 29, 2015Continue reading...Japan refiner JX cuts spending, turns to chemicals
The Tokyo-based company, which produces, refines and distributes petroleum products, will try to boost profit by focusing on chemical products and raw materials as it explores possible mergers and acquisitions, said Shigeo Tabashi, a company spokesman.
June 26, 2015Continue reading...Shell visits Iran to discuss petrochemical projects
Seeking billions of dollars to revitalize its ailing oil industry, Iran plans to offer significantly better commercial terms to companies prepared to invest than during the last market opening almost two decades ago.
June 25, 2015Continue reading...China approves Wison Engineering’s technology for methanol-to-olefins
The appraisal results show that Wison Engineering’s proprietary MTO separation technology has reached advanced international standards and is highly competitive in the market.
June 24, 2015Continue reading...Morris County Energy Company Buys ExxonMobil Oil Refinery for $322M
In a move that will expand its oil refining production by more than a third, PBF Energy in Parsippany has made a deal with ExxonMobil to acquire a large Louisiana-based oil refinery.
June 23, 2015Continue reading...BASF picks Fluor as global engineering partner for petrochemical projects
The services agreement includes conceptual and front-end engineering, detailed engineering, procurement, project management, construction management and other services.
June 23, 2015Continue reading...Sadara Chemical stays on course for 2015 output as construction hits 94%
The commissioning and startup of key utilities infrastructure is underway and the process for first production units will begin soon, with initial polyethylene production beginning near the end of 2015.
June 23, 2015Continue reading...Linde starts up new Texas ASU, gasification units
The new Linde ASU produces oxygen, nitrogen and argon and is part of the $250 million invested at the site that also includes a new gasification train and ancillary equipment and facilities.
June 23, 2015Continue reading...Honeywell to provide automation, security for Freeport LNG expansion
Honeywell will be responsible for designing, delivering and installing the automation, instrumentation, controls, and safety and security systems at Freeport LNG. The unified approach will be critical in helping the project meet operational and business readiness goals.
June 23, 2015Continue reading...BP, Rosneft to restructure German refining JV
Rosneft would double its minority shares in three refineries: Bayernoil, MiRO, and PCK Raffinerie. Meanwhile, BP would own 100% of the Gelsenkirchen refinery and the DHC Solvent Chemie plant.
June 22, 2015Continue reading...
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