Petrochemicals News

BP Plans To Sell Over 50% Of Petrochemicals Business And Prepares For IPO
United Kingdom >> 4/27/2004 - BP announced today that it plans to consolidate the Olefins and Derivatives division of its petrochemicals business into a stand-alone entity able to operate separately from the BP Group.

T...
BP Sells Global Special Products Business To H&R Wasag AG
United Kingdom >> 4/2/2004 - BP announced today that it has agreed to sell its global special products business to H&R Wasag AG, a speciality chemicals group listed on the Frankfurt stock exchange.

The deal follows H&R...
Sasol to grow acrylics export market
South Africa >> 3/29/2004 - Sasol has successfully commissioned a R2,2 billion acrylics and acrylates complex at Sasolburg in South Africa and has started exporting product on the back of growing international demand.

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Kuwait invest in a USD1 billion petrochemical complex in Egypt
Egypt >> 3/10/2004 - Kuwait, March 10, 2004 - Eng. Sameh Fahmy Egypt’s minister of petroleum announced yesterday in Kuwait that Egypt and Kuwait have agreed to establish a $1billion petrochemical complex in Northern Egypt...
BP Licenses Innovene Technology For Sasol Polymers Polypropylene Expansion
South Africa >> 2/11/2004 - BP and Sasol Polymers have signed an agreement to license BP's Innovene polypropylene process technology for the expansion of Sasol's polypropylene facilities located in Secunda, Republic of South Afr...
Qatar Petroleum and LG Engineering & Construction Corporation Sign EPC Agreement for LAB Project
Qatar >> 1/20/2004 - Doha, January 20, 2004 – Qatar Petroleum and LG Engineering & Construction Corporation signed today the Engineering Procurement & Construction contract for the Linear Alkyl Benzene Project.

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Shell - Proved reserve recategorisation following internal review
Netherlands/Holland >> 1/9/2004 - The Royal Dutch/Shell Group of Companies (‘Shell’) announced today that, following internal reviews, some proved hydrocarbon reserves will be recategorised. The total non recurring recategorisation, ...
APICORP signed Alexandria Acrylic Fibers Company joint venture agreement
Egypt >> 9/17/2003 - Under the patronage of His Excellency Atef Obeid, Prime Minister of the Arab Republic of Egypt and the presence of H.E. Engineer Sameh Fahmi, the Minister of Petroleum, a join-venture agreement was si...
Qatar Petroleum and PetroWorld of South Africa Sign Heads of Agreement for Methanol Plant in Qatar
Qatar >> 9/14/2003 - Qatar Petroleum and PetroWorld Ltd. of South Africa signed, today, a Heads of Agreement for the development of a Large Scale Fuel Grade Methanol Project. The signing ceremony, held at Qatar Petroleum’...
Total and ADNOC sign a MOU for the construction of a melamine plant in Abu Dhabi
United Arab Emirates >> 8/8/2003 - Total and the Abu Dhabi National Oil Company (ADNOC) signed on 8, August 2003 a memorandum of understanding for the development and construction of a melamine plant in Abu Dhabi by the jointly owned R...
New Helium Plant to be Constructed at Ras Laffan
Qatar >> 5/30/2003 - Qatar will become one of the world's leading helium producers by 2010, with the launch of a $115m helium joint venture plant. It will be located at the Ras Laffan Industrial City, with Qatargas, RasG...
QP Signs Contracts to Develop Linear Alkyl Benzene Project
Qatar >> 1/6/2003 - Doha, January 6, 2003 – Qatar Petroleum signed today a Front End Engineering Design (FEED) and Project Management Consultancy (PMC) Contract for the Linear Alkyl Benzene Project with the UK-based Fost...

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