Petrochemicals News

Tehran Refinery Improves Petrol Quality
Iran >> 9/7/2006 - The managing director of Tehran Refinery, Abbas Kazemi said here on Wednesday that the quality of the gasoline produced in this refinery will be improved by boosting its octane degree to 90.

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Sipchem Produces 1.5 Million Tons of Petrochemical Products
Saudi Arabia >> 9/1/2006 - The Saudi International Petrochemical Company (Sipchem) recently announced that it produced approximately 1.5 million tons of petrochemical to this date. In December 2004, Sipchem successfully built a...
L&T Consortium Bags USD 150 Million Methanol plant Order in Saudi Arabia
Saudi Arabia >> 8/24/2006 - Larsen & Toubro Limited (L&T) along with its consortium partner, Haldor Topsoe AS of Denmark has been awarded an order worth around USD 150 million from Saudi Formaldehyde Chemical Company Limited (SF...
Yanbu' Export Refinery Deals Inked
Saudi Arabia >> 8/23/2006 - Principals representing Saudi Aramco, ConocoPhillips and Kellogg Brown and Root (KBR) gathered in Houston recently to complete signing formalities signaling the start of front-end engineering for a ne...
GE Energy Performs Condition Monitoring Upgrade
Kuwait >> 8/21/2006 - GE Energy's optimization and control business successfully completed a critical optimization and diagnostic system upgrade at the largest 00 in Kuwait, owned by EQUATE Petrochemical Company.

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Product Markets and Refinery Operations - August 06
Austria >> 8/16/2006 - Refinery glitches and higher demand for different products due to the driving season and cooling requirements have further strengthened futures and physical product prices in the USA and resulted ...
Sojitz & Kawasaki to Receive 13 Billion Yen Order for Pakistan’s Largest Urea Facility
Pakistan >> 8/10/2006 - Sojitz Corporation and Kawasaki Plant Systems, Ltd. (K Plant) announced that they have received an order, with Sojitz as a main contractor, from Fatima Fertilizer Company Ltd. (Head office: Multan in ...
1st Phase of Karun’s Isocyanate Project, Almost complete
Iran >> 8/8/2006 - The first phase of isocyanate project underway by Karun Petrochemical Complex at Bandar Imam Special Economic Petrochemical Zone is more than 93.4 percent complete.

Isocyanate has been the ...
Joint Venture Agreement Between Dialog and Sedres, Saudi Arabia
Saudi Arabia >> 8/2/2006 - DIALOG has announced that Dialog (Labuan) Ltd ("DLL"), a wholly-owned subsidiary of DIALOG, has entered into a Joint Venture Agreement with M/s Sedres Maritime on 1 August 2006. The Agreement provides...
ExxonMobil Lube Technology Selected by the World's Largest Group III Base Oil Producer
South Korea >> 8/1/2006 - ExxonMobil Research and Engineering Company (EMRE) announced that SK Corporation has selected ExxonMobil's industry-leading MSDW catalyst technology for its Ulsan, South Korea lube plant expansion.
IBN ZAHR Signs LOI with Daelim Industrial for its Polypropylene 3 Plant
Saudi Arabia >> 7/19/2006 - Saudi European Petrochemical Company, IBN ZAHR, an affiliate of the Saudi Basic Industries Corporation (SABIC) signed a Letter of Intent (LOI) with Daelim Industrial Company Ltd., South Korea, for the...
Participation in New Licence Area in the Democratic Republic of Congo
Congo, Democratic Republic (Zaire) >> 7/19/2006 - SOCO announces that its subsidiary, SOCO DRC Limited, has signed a Production Sharing Contract with the government of the Democratic Republic of Congo and La Congolaise des Hydrocarbures ("Cohydro"), ...
Product Markets and Refinery Operations - July 06
Austria >> 7/17/2006 - Following the gasoline stock-build and the return of refineries from scheduled maintenance, the light product market in the Atlantic Basin was expected to lose ground, exerting pressure on product pr...
Dow is Selected for Negotiations on New Petrochem Complex
Saudi Arabia >> 7/10/2006 - The Saudi Arabian Oil Company (Saudi Aramco) has selected The Dow Chemical Company as its potential partner to engage in exclusive negotiations concerning a joint venture company to construct, own and...
Romhi signs pact for Sohar aromatic factory
Oman >> 7/4/2006 - Dr Mohammed bin Hamad Al Romhi, minister of oil and gas and board chairman of Omani Aromatics Co; and deputy chairman of Oman Oil Co. board; yesterday signed the engineering and construction agreement...
Saudi Kayan Signs A LOI with KBR for the Consytruction of Olefins Plant
Saudi Arabia >> 7/1/2006 - SAUDI KAYAN has awarded Kellogg Brown & Root (KBR) a contract for engineering, procurement and construction of a 1,350,000 tons per annum Olefins Plant. The plant will be erected at the SAUDI KAYAN Cr...
Honeywell Awards Kuwait Contract
Kuwait >> 6/27/2006 - Honeywell has been awarded a Process Automation Systems contract for new and existing petrochemical plants to be operated by EQUATE Petrochemical Company K.S.C. at a petrochemical site in Shuaiba, Kuw...
Product Markets and Refinery Operations - June 06
Austria >> 6/19/2006 - US gasoline stock-builds over the last couple of weeks as a result of higher domestic production and imports have softened the bullish sentiment of the US product market and put pressure on refining m...
SABIC Affiliate Yansab Signs SR 13.125 Billion (USD 3.5 Billion) Loans and facilities agreements
Saudi Arabia >> 6/18/2006 - SABIC affiliate, Yanbu National Petrochemical Company (YANSAB), signed a package of loan contracts and facilities agreements valued at SR 13.125 billion (US$ 3.5 billion) with the Public Investment Fu...
Reliance Petroleum Limited Selects ExxonMobil Sulfuric Acid Alkylation Technology
India >> 6/12/2006 - ExxonMobil Research and Engineering Company (EMRE) announced today that Reliance Petroleum Limited has selected EMRE's Sulfuric Acid Alkylation technology for the construction of the world's largest u...

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