Petrochemicals News

Shell to Expand CNOOC Petrochemical Venture in Southern China
China >> 12/15/2015 - Royal Dutch Shell Plc. is expanding its petrochemical venture in southern China with China National Offshore Oil Corp. ...
Naphta Agreement with Braskem
Brazil >> 12/15/2015 - Petrobras informs that regarding the long-term agreement for the supply of naphtha, it is still negotiating with Braskem and in search for terms that are balanced and commutative for both companies. ...
Iran's Sanctions To Be lifted in ’ Next Few Days’
Iran >> 12/14/2015 - Minister of Petroleum Bijan Zangeneh says oil sanctions against Iran will be lifted in the “next few days.” ...
Gazprom Neft Builds First Polymer-Modified Bitumen Test-Roads Abroad
Russia >> 12/11/2015 - Gazpromneft Bitumen Materials — operator of the Gazprom Neft bitumens business — has, with the support of company KazAvtoZhol (responsible for managing the country’s road network) and the Kazakhstan R...
Axens’ APC to Optimize SAMREF’s Prime-G+ Performance
Saudi Arabia >> 12/10/2015 - SAMREF (Saudi Aramco Mobil Refining Company) has selected Axens to evaluate, develop and implement an Advanced Process Control (APC) system for their Prime-G+ unit for the desulfurization of the FCC g...
Symbion Power & Rwanda Energy Group Sign Power Purchase Agreement
Tanzania >> 12/8/2015 - Symbion Power Lake Kivu Ltd, a subsidiary of Symbion Power LLC, signed a 25-year power purchase agreement (PPA) with the Rwanda Energy Group (REG) for a 50 Megawatt (MW) methane gas to power project. ...
Catalyst produced at Omsk Refinery Makes It into 2015’s Russia’s 100 Best Products
Russia >> 12/3/2015 - A micro-spherical zeolite-containing bi-zeolite catalyst produced at the Gazprom Neft Omsk Refinery has won a gold at the national Russia’s 100 Best Products competition. Bi-zeolite catalysts are used...
Fluor Completes Isononanol Plant Project for BASF & Sinopec
China >> 12/2/2015 - Fluor Corporation (FLR) announced that it has completed a world-scale Isononanol (INA) plant for BASF and China Petroleum & Chemical Corporation (Sinopec) in the Maoming Hi-tech Industrial Development...
Gazprom Neft Increases Sales of Polymer-Modified Bitumens by more than One Third
Russia >> 11/24/2015 - Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has increased sales volumes of high-technology polymer-modified bitumens (PMBs) by more than 37 percent, to 47,000 tonnes...
LyondellBasell Developing World's Largest PO/TBA Plant
United States >> 11/19/2015 - LyondellBasell (LYB), one of the world's largest plastics, chemical and refining companies, announced that it is advancing plans to build the world's largest propylene oxide (PO) and tertiary butyl al...
Amendments to the Naphtha Supply Agreement
Brazil >> 10/30/2015 - Petrobras through its Board of Executive Officers approved the celebration of the new amendments to the agreements for the supply of naphtha to Braskem. This amendment has duration of 45 days, startin...
Naphtha Supply Agreement Extension
Brazil >> 10/29/2015 - Petrobras through its competent bodies will appreciate the proposed terms for the signature of new amendments to the naphtha supply agreements to Braskem, allowing supply to continue during negotiatio...
SOCAR & Poerner Sign Agreement
Azerbaijan >> 10/22/2015 - SOCAR and the Poerner Group signed an agreement on construction of bitumen plant in the territory of Heydar Aliyev Baku Oil Refinery. SOCAR President Rovnag Abdullayev, representatives of the company ...
Rosneft, Pirelli & Synthos Approve Feasibility Study of Synthetic Rubber Production in Nakhodka
Russia >> 10/22/2015 - Rosneft, Pirelli S.p.A. and Synthos S.A. signed a Memorandum of Understanding with regard to the approval of the results of the feasibility study and future cooperation in the implementation of the sy...
Methanol Manufacturing Business in Texas Commences Production
United States >> 10/16/2015 - Mitsui & Co., Ltd. (Mitsui) is pleased to announce that Fairway Methanol LLC, a 50-50 joint venture between Mitsui and major U.S. chemicals company Celanese Corporation (Celanese), commenced productio...
Aramco and LANXESS Sign Joint Venture Agreement
Aramco and LANXESS Sign Joint Venture Agreement Saudi Arabia >> 9/22/2015 - Saudi Aramco subsidiary, Aramco Overseas Company, and German specialty chemicals company LANXESS have signed a 50:50 joint venture agreement to create a new company for the development, production, ma...
Plants Being Fed by Ethane from Phases15&16
Iran >> 9/6/2015 - The ethane supplied from Phases 15&16 of the supergiant South Pars gas field is being fed to Kavian, Morvarid and Jam plants, a petrochemical official said. ...
Bashneft Commissions a New Elemental Sulphur Production Unit
Russia >> 9/4/2015 - Bashneft has started pilot operation of a new process line of the elemental sulphur production unit at the Bashneft-Ufa neftekhim Branch. Investments in the project totalled 2.4 billion roubles. ...
LyondellBasell Adds a New Moplen Grades for Thin-Walled Injection Molding
Australia >> 9/1/2015 - LyondellBasell (LYB), one of the world's largest plastics, chemical and refining companies, announced the addition of Moplen grade HP742U and Moplen grade HP743V to its comprehensive polypropylene (PP...
Asia Naphtha-India ONGC Sells to Aramco
India >> 8/28/2015 - Indian Oil and Natural Gas Corp has sold a naphtha cargo to Aramco Trading Company (ATC) for the second time ever, but the premium fetched was nearly half that from the previous deal, traders said. ...

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