Petrochemicals News

Establishment of a Joint Venture Company for Nghi Son Refinery & Petrochemical Complex in Vietnam
Vietnam >> 4/7/2008 - Vietnam Oil and Gas Group, Kuwait Petroleum International, Idemitsu Kosan Co. and Mitsui Chemicals, Inc. announced that each company has reached an agreement to establish the joint venture company to ...
Borouge announces further strategic expansion of polyolefins operations beyond Borouge 2
United Arab Emirates >> 4/7/2008 - Borouge announced that it has initiated the feasibility study for Borouge 3: a further expansion of its polyolefin operations in Abu Dhabi to add approximately 2.5 million tonnes per year of capacity ...
Total Petrochemicals and Samsung to build a polypropylene compounding facility in China
China >> 4/1/2008 - Total Petrochemicals announced that its joint-venture with Samsung, Samsung Total Petrochemicals, will build a polypropylene compounding facility in Dongguan, which is in the Pearl River area of Guang...
Establishment of JV for Construction of the Vietnam Nghi Son Refinery & Petrochemical Complex
Vietnam >> 3/27/2008 - Idemitsu Kosan Co., Ltd. and Mitsui Chemicals, Inc. announced that each company has reached a decision to participate alongside Kuwait Petroleum International and Petro Vietnam in the joint venture "...
New Chemicals Industrial City planned for Abu Dhabi
United Arab Emirates >> 3/19/2008 - The International Petroleum Investment Company and Borealis AG have signed a memorandum of understanding along with Abu Dhabi Investment Council to prepare jointly for the first phase of the developme...
Sinopec and BASF jointly announce the expansion of BASF-YPC
China >> 3/17/2008 - China Petroleum & Chemical Corporation and BASF submitted the technical and commercial feasibility study for the approval of the planned $900 million expansion of their joint chemical Verbund site in ...
PetroChina Fushun Selects Dow and Aker Kvaerner for PP Project in China
China >> 2/13/2008 - PetroChina Petrochemical Company has selected Dow's UNIPOL(TM) Polypropylene Process Technology for its new 300 KTA polypropylene facility, and Aker Kvaerner will provide the extended process design p...
Sabic and Sinopec sign a heads of agreement toward formation of a joint venture company in Tianjin
China >> 1/31/2008 - China Petroleum and Chemical Corporation (Sinopec Corp.) and Saudi Basic Industries Corporation (SABIC) signed a Heads of Agreement (HOA) toward forming a joint venture company. This 50:50 equal share...
Essar acquires 50% stake in Kenyan Refinery
Kenya >> 1/15/2008 - Essar Energy Overseas has entered into an agreement to acquire 50% of Kenya Petroleum Refineries Ltd. (“KPRL”), a 4 million metric tonne (MMTPA) per annum refinery in Mombasa, Kenya.The Government of ...
Signatures Launch RT Expansion Project
Saudi Arabia >> 1/2/2008 - Progress on the Ras Tanura Refinery Arabian Heavy Expansion Project took a major step forward recently as Mohammed Y. Al-Qahtani, president and CEO of Aramco Services Co., and Edward Pagano, president...
Dow and Petrochemical Industries Co. of Kuwait Announce Global Petrochemicals Joint Venture
Kuwait >> 12/13/2007 - The Dow Chemical Company (Dow) and Petrochemical Industries Company (PIC) of the State of Kuwait announced plans to form a 50/50 joint venture that will be a market-leading, global petrochemicals comp...
Methanex Progresses DME Project in Egypt
Egypt >> 12/11/2007 - Within weeks of the start-up of its joint venture dimethyl ether (DME) plant in China, Methanex has executed a Memorandum of Understanding for the development of a similar plant in Egypt. This new pla...
Total and Sonatrach Confirm Construction of a Petrochemical Complex in Arzew, Algeria
Algeria >> 12/4/2007 - Christophe de Margerie, Chief Executive Officer of Total, and Mohamed Meziane, Chairman and Chief Executive Officer of Sonatrach, today signed a framework agreement to build a petrochemical complex in...
Samsung Engineering expands business in the Kingdom through first award from Saudi Aramco
Saudi Arabia >> 12/4/2007 - Samsung Engineering announced that it had secured a major order from Saudi Aramco, the state-operated petroleum company of Saudi Arabia to build a DHDT Refinery Plant. The refinery plant is to be loc...
GAIL - RIL Sign MoU To Set Up Petrochemical Plants globally
India >> 12/4/2007 - Reliance Industries Limited (RIL) and GAIL (India) Limited signed a Memorandum of Understanding (MoU) for Joint Co-operation in Petrochemicals. The MoU was signed in Mumbai by Shri A K Purwaha, Direct...
Saipem Awarded New Onshore Contract for €1.4 billion
Qatar >> 12/3/2007 - Saipem has won the contract for the development of the Qafco 5 project, involving new ammonia and urea plants within the Qafco industrial complex, located in the Mesaieed City, about 30 kilometres sou...
WorleyParsons Awarded Services Contracts for Saudi Aramco’s Grassroots East Coast Refinery
Saudi Arabia >> 11/29/2007 - Saudi Arabian Oil Company (Saudi Aramco) has awarded contracts for services to WorleyParsons for project management, front-end engineering design (FEED) development, contract bid package development, ...
WorleyParsons awarded Contract for ExxonMobil’s New World-Scale Petrochemical Complex in Singapore
Singapore >> 11/9/2007 - ExxonMobil Asia Pacific Pte Ltd has awarded WorleyParsons and its joint venture partner a multi-million dollar contract for their new project at the company’s Singapore Chemical Plant site. This proje...
Petrobras signs purchase agreement of Japanese refinery
Japan >> 11/9/2007 - Petrobras announces that signed with TonenGeneral Sekiyu Kabushiki Kaisha (TGSK), a subsidiary of ExxonMobil, the purchase document (Share Sale and Purchase Agreement) of 87.5% interest in the Japanes...
GE To Supply Compressors And Steam Turbines For Large-Scale Ethylene Plant In Saudi Arabia
Saudi Arabia >> 11/7/2007 - GE Oil & Gas will supply three compression trains for a new large scale ethylene cracker plant in Al-Jubail, Saudi Arabia, which will have a capacity of 1.165 million tons per year when it enters comm...

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