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Displaying 1 - 20 of 21 stories.
April 11, 2014
Sumitomo has agreed to acquire a minority share in Cepsa Química China (Shanghai), and the resulting company will be a 75-25 joint venture between Cepsa (Madrid) and Sumitomo...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Sumitomo-buys-stake-in-Cepsa-phenol-project-at-Shanghai_60253.html
November 6, 2013
Axiall reports net income down 0.8% year-on-year (YOY), to $39.0 million. Adjusted earnings slumped 29.2%, to 97 cts/share, but met a consensus of analysts’ estimates compiled by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Axiall-adjusted-earnings-fall-on-weak-cumene-volumes_56481.html
July 31, 2013
Badger Licensing (Boston, MA) has announced that it has been awarded a contract by Aramco Services and Sumitomo Chemical to provide its proprietary technology for a 384,000-m.t./year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Badger-licenses-cumene-technology-to-Petro-Rabigh_54123.html
March 21, 2013
Although shale gas has cut into North American benzene supply and raised prices, it has simultaneously advantaged the production of benzene derivatives...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/IHS-WPC-Shale-will-drive-benzene-derivatives-in-North-America_50684.html
March 11, 2013
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today initialled joint venture agreements for the design, build, and future operation of a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Ineos-and-Sinopec-go-ahead-with-$500-million-phenol-acetone-investment-in-China_50408.html
March 15, 2012
Badger Licensing (Cambridge, MA), a joint venture among affiliates of the Shaw Group and ExxonMobil Chemical, has been awarded a contract by Shanghai Sinopec Mitsui Chemicals (SSMC) to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Badger-to-Provide-Cumene-Technology-for-Mitsui-Sinopec-JV-Plant-in-China_42026.html
January 11, 2012
UOP, a Honeywell subsidiary, says it has been selected by Kumho P&B Chemicals (Seoul) to provide technology for a new phenol plant at Kumho P&B Chemicals’ site at Yeosu...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/UOP-Technology-Selected-for-Phenol-Project-in-Korea_40371.html
October 19, 2011
Badger Licensing has been awarded a contract by Lihuayi Weiyuan Chemical to provide technology for a 300,000-m.t./year cumene plant at Dongying, China. Badger's contract includes...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Badger-to-Provide-Cumene-Technology-for-Plant-in-China_38422.html
September 22, 2011
Badger Licensing (Cambridge, MA), a joint venture of affiliates of the Shaw Group and ExxonMobil, says it has been awarded contracts by LG Chem to license its proprietary technology...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Badger-Awarded-Contracts-for-LG-Chem-Cumene-and-BPA-Projects_37732.html
January 27, 2011
Ineos Phenol and Sinopec Yangzi Petrochemical Co. have signed a memorandum of understanding (MOU), agreeing the framework for the design and future operation of a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Ineos-and-Sinopec-Sign-Agreement-for-Phenol-Acetone-JV-in-China_32436.html
January 25, 2011
Formosa Chemicals and Fibre (Taipei) has awarded an engineering contract to Lummus Technology for a large cumene and phenol complex. The complex will be built at Formosa's major site...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Formosa-Chemicals-and-Fibre-Builds-Large-Phenol-Complex-in-China_32377.html
January 19, 2011
AXA Private Equity (Paris) has agreed to acquire a majority stake in Novacap (Lyon, France) from Bain Capital for about €240 million. The exact size of the stake was not...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/AXA-Private-Equity-Agrees-to-Buy-Novacap-from-Bain_32219.html
January 7, 2011
Axa Private Equity (Paris) is in exclusive negotiations to acquire Novacap (Lyon, France) from Bain Capital, French financial journal l'Agefi says. Bain put Novacap up for sale last...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Axa-Private-Equity-in-Talks-to-Buy-Novacap-from-Bain_31975.html
September 24, 2010
Private equity firm Bain Capital is preparing to put Novacap (Lyon, France) up for sale, reports say. Bain acquired Novacap from Rhodia in 2002. Novacap has three businesses: Novacarb...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Bain-Capital-Prepares-to-Divest-Novacap_29785.html
October 7, 2009
Sunoco says it will idle production at its 145,000-bpd Eagle Point refinery at Westville, NJ due to weak demand and increased capacity that has pressured margins. About 400 employees...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Sunoco-Idles-NJ-Refinery_21926.html
April 18, 2008
Prices U.S.: 57.5 cts/lb del, March contracts Outlook Worldwide demand for cumene is expected to grow slightly more than 4%/year during 2006-11, says SRI Consulting (SRIC; Menlo Park...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Product-Focus-Cumene_11480.html
March 19, 2008
Agreement signed with International Petroleum Investment Co. and Abu Dhabi Investment Council for a naphtha cracker and aromatics complex....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Borealis-Announces-Another-Major-Petchems-Project-in-Abu-Dhabi_10969.html
July 25, 2007
First-quarter U.S. petrochemical production gained 4% from the year-ago period, to 48.5 billion lbs, says the National Petrochemical and Refiners Association (NPRA; Washington)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/U-S-Petchem-Output-Climbs_6453.html
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