Petrochemicals News

Samsung Engineering Awarded 314 million USD Bahrain oil refinery order
Bahrain >> 8/20/2008 - Samsung Engineering awarded a 314 million USD oil refinery order from Bahrain's National oil company, Bapco (The Bahrain Petroleum Company), Nogaholding and Finland's Neste Oil Oyj joint venture under...
The refining base of Dalian Petrochemical becomes operational
China >> 8/12/2008 - On August 7, 2008 the last newly-built unit-hydrocracking unit of the refining base at Dalian Petrochemical, was successfully started up at the first try. This represented that China's largest refinin...
Agrium reaches agreement on Egyptian nitrogen facility
Egypt >> 8/11/2008 - Agrium entered into an agreement with MISR Oil Processing Company of Egypt, whereby Mopco will acquire the EAgrium project, and EAgrium shareholders will obtain an equity interest in the combined enti...
LyondellBasell Grants Spheripol PP Technology License to SABIC Affiliate for a 525 KT Plant
Saudi Arabia >> 8/6/2008 - Arabian Industrial Fibres company (Ibn Rushd), an affiliate of SABIC, has selected LyondellBasell Industries Spheripol process technology for a new 525 KT per year polypropylene plant in Yanbu, Kingdo...
Egypt cancels Agrium nitrogen fertilizer plant
Egypt >> 8/5/2008 - The Egyptian government canceled an unpopular $1.4 billion nitrogen fertilizer project on Tuesday that Canadian company Agrium was planning to build near a beach resort on the Mediterranean coast. A c...
Foster Wheeler Awarded Engineering and Supply Contract for Fired Heaters for Tatarstan Refinery
Russia >> 7/31/2008 - Foster Wheeler announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A., part of its Global Engineering and Construction Group, awarded a contract for the supply of fired heaters for t...
PetroChina Selects Dow & Aker for PP Project in China
China >> 7/29/2008 - PetroChina Sichuan Petrochemical Co. (PetroChina Sichuan) has selected UNIPOL(TM) Polypropylene Process Technology from Dow Technology Licensing for its new 450 KTA polypropylene facility in Chengdu, ...
Yara to establish JV with NOC/LIA of Libya
Libya >> 7/17/2008 - Yara International ASA and National Oil Corporation (NOC) of Libya / Libyan Investment Authority (LIA) have completed all major agreements to establish a joint venture for the production and marketing...
Al Ghurair Investment & ETA Ascon Star Group conclude USD 2 billion deal with NOC, Libya
Libya >> 7/14/2008 - In a landmark achievement, the Star Consortium comprising of the Al Ghurair Investments’ subsidiary TransAsia Gas International and ETA Ascon Star Group’s Star Petro Energy, have successfully conclude...
QPI, PetroChina & Shell sign LOI for refinery and petrochemical manufacturing in China
China >> 6/23/2008 - In the presence of His Highness Sheikh Tamim Bin Hamad Al-Thani, the Heir Apparent of the State of Qatar, Qatar signed with PetroChina Company Limited, and Shell (China) Limited (Shell), a Letter of I...
Saudi Aramco and Total create the Jubail Refining and Petrochemical Company
Saudi Arabia >> 6/22/2008 - The Saudi Arabian Oil Company (Saudi Aramco) and Total signed the Shareholders Agreement and other core agreements for the establishment of their joint venture, the Jubail Refining and Petrochemical ...
SABIC and SINOPEC sign strategic cooperation agreement
China >> 6/21/2008 - Saudi Basic Industries Corporation (SABIC) and China Petrochemical Corporation (SINOPEC) signed today (Saturday, June 21, 2008) a strategic cooperation agreement to expand the scope of partnership at...
Punj Lloyd bags Rs 649 Crore contract from Indian Oil Corporation for its Barauni Refinery
India >> 6/6/2008 - Punj Lloyd secured a Rs 649 crore contract for the Motor Spirit Quality (MSQ) Upgradation Project of Indian Oil Corporation Limited at Barauni Refinery, Bihar. Indian Oil Corporation Ltd (IOCL) has ye...
Petronas starts commissioning of mega methanol plant
Malaysia >> 5/16/2008 - Petronas announced that its subsidiary, Petronas Methanol (Labuan) Sdn Bhd (PML) has commenced commissioning work of its mega methanol plant in Labuan with the firing up of the plant's package boiler,...
Saudi Aramco and ConocoPhillips Confirm Yanbu Export Refinery Project
Saudi Arabia >> 5/16/2008 - The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips announced they have approved continued funding for the development of the Yanbu Export Refinery Project. The Saudi Aramco and ConocoPhil...
Saudi Aramco and Total confirm Jubail Refinery Project
Saudi Arabia >> 5/14/2008 - The Saudi Arabian Oil Company (Saudi Aramco) and Total have both confirmed their decision to invest in a 400,000 barrel per day world-class, full-conversion refinery in Jubail, Saudi Arabia. The refin...
JGC Wins Major EPC Contract for NRP Project in Al-Zour, Kuwait
Kuwait >> 5/13/2008 - JGC Corporation and its partner GS Engineering & Construction (GS), Korea, announced that they received Award Notification by Kuwait National Petroleum Company (KNPC) to provide engineering, procureme...
Construction of the Aromatics Project at Urumqi Petrochemical Company begins
China >> 5/6/2008 - On May 1, Urumqi Petrochemical Company starts the construction of a paraxylene aromatic hydrocarbon complex plant. Aromatic hydrocarbon is a main raw material for general engineering plastics. This pr...
Lukoil completes reconstruction of Odessa refinery and puts it back in operation
Ukraine >> 4/18/2008 - OAO Lukoil President Vagit Alekperov and President Victor Yushchenko of Ukraine attended the official ceremony of commissioning the Odessa refinery as the reconstruction of the refinery, started in 20...
CNPC Reaches Two Agreements with the Ministry of Petroleum & Mineral Resources of Syria
Syria >> 4/7/2008 - CNPC President Jiang Jiemin and the Minister of Petroleum & Mineral Resources of Syrian Arab Republic signed two agreements at Syrian Prime Minister House, namely the Refinery Cooperation Agreement Be...

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