Petrochemicals News

Sonatrach & Spanish Villar Mir Sign 2 Agreements in Petrochemistry
Algeria >> 5/1/2014 - National Hydrocarbon Company, Sonatrach, and Spanish Group Villar Mir, partners since 2005 in two fertilizer production plants in Annaba and Arzew, signed two agreements on the development of their ac...
SIBUR Launches Production of New PP Grades
Russia >> 4/23/2014 - SIBUR has added ten PP grades to its product mix. Unique to the Company's grade range and developed for the purpose of import substitution, these grades have different uses, and their quality is in li...
Air Products & Enterprise Expand Relationship with Hydrogen Off-Gas Processing Agreement
United States >> 4/14/2014 - Air Products APD +0.97% , the leading global hydrogen provider, announced a long-term agreement with Enterprise Products Operating LLC, a wholly-owned subsidiary of Enterprise Products Partners L.P.,...
Sage Launches Propane & Butane Export Terminal Project
United States >> 4/10/2014 - Sage Midstream, LLC (Sage) announced it has launched a project to build a world-class, West Coast propane and butane export terminal at the Port of Longview in Washington State (the Port), through its...
Saudi Petrorabigh Says to Shut Unit From Mar 27- Apr 19
Saudi Arabia >> 3/26/2014 - Saudi Arabia's Petrorabigh plant is to shut a vacuum gas oil treatment unit for maintenance from March 27 to April 19, the operating company said. ...
DP World & Borouge Signed Products Distribution Contract
United Arab Emirates >> 3/25/2014 - DP World, UAE Region, the regional leading marine terminal operator and Borouge, a leading provider of innovative, value creating plastics solutions, signed a contract through which DP World will supp...
Saudi Arabia Approves New Fund to Invest in Manufacturing
Saudi Arabia >> 3/24/2014 - Saudi Arabia's cabinet has approved the creation of a new company to invest in manufacturing industries as the world's top oil exporter tries to diversify its economy and generate jobs, state news age...
BP Plans $1b Petrochemical Plant in Oman
Oman >> 3/17/2014 - British oil giant BP is negotiating with the Oman government to build a large petrochemical plant in Duqm, with an envisaged investment of over $1 billion, to manufacture acetic acid using a patented ...
Arab Countries to Send Oil Products to Egypt Until September 2014
Egypt >> 3/13/2014 - Arab countries will provide Egypt with aid in the form of petroleum products until at least September, Finance Minister Hany Kadry Dimian said. ...
Saudi Arabia Plans Oil to Chemicals Plant at Yanbu
Saudi Arabia Plans Oil to Chemicals Plant at Yanbu Saudi Arabia >> 3/4/2014 - Saudi Arabia plans to build a plant able to turn crude directly into chemicals, without first having to refine the oil, Saudi Oil Minister Ali al-Naimi said. Development of the Saudi petrochemical sec...
National Petrochemical Development Programme Requires Over US$20 Billion
Algeria >> 2/25/2014 - The achievement of the projects identified as par of the national programme for the development of petrochemical industry requires investments exceeding US$ 20 billion, announced Monday Minister of En...
INEOS and Sinopec YPC Sign Joint Venture Agreement
China >> 2/20/2014 - INEOS and Sinopec YPC have signed the Joint Venture Agreement and Articles of Association forming a 50% / 50% Joint Venture Company to be based in Nanjing China. The Joint Venture, which is to be call...
CB&I Wins $100m Contract for Fertilizer Complex
CB&I Wins $100m Contract for Fertilizer Complex United States >> 2/18/2014 - CB&I has been awarded a contract valued at approximately $100 million by CF Industries. CB&I will perform construction and component fabrication for CF Industries' new urea ammonia nitrate and nitric ...
S-Oil Buys Land for Oil Refining, Petchem Plant
South Korea >> 2/18/2014 - South Korea's third-largest refiner, S-Oil Corp, has won a tender to buy land from state-run Korea National Oil Corp (KNOC) to build a refining and petrochemical facility worth at least 5 trillion won...
Aramco Expected to Restart Yanbu Plant in End of February
Saudi Arabia >> 2/17/2014 - Saudi Aramco is expected to restart its 240,000 barrels per day (bpd) refinery in Yanbu around end of February following its shutdown early this month for planned maintenance, traders said. Aramco dec...
Qaeda Attack on Oil Refinery Foiled
Qaeda Attack on Oil Refinery Foiled Yemen >> 2/17/2014 - Yemeni authorities have foiled an attack on the oil refinery in Aden and arrested 27 suspected Al-Qaeda militants linked to the operation, police said. ...
INEOS Signed New Agreement with CONSOL for Purchase of Ethane from USA
United States >> 2/13/2014 - INEOS Europe AG has announced a new ethane purchase agreement with CONSOL Energy in the USA. Ethane will be transported through the Mariner East infrastructure and imported by sea for use in INEOS’ Eu...
Borealis & Statoil to Renew Their Ethane Sourcing Contract
Sweden >> 2/10/2014 - Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announces a new long term agreement to source ethane from Norwegian Statoil for its f...
Energy Expected to Increase up to LE140 billion by End of 2014
Egypt >> 2/5/2014 - Petroleum Minister Sherif Ismail said petroleum products subsidy is expected to increase by 10 percent by end of the current fiscal year to reach LE140 billion, compared to LE130 billion by the meanti...
Cairo Received $4 Billion Worth of Petroleum Products
Egypt >> 2/4/2014 - Egypt's petroleum minister said that Cairo had received $4 billion worth of petroleum products from Arab states from July through the end of December. ...

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