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Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

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November 26, 2012
Refining company Grupa Lotos (GdaƄsk, Poland) and chemicals producer Azoty Tarnów (Tarnów, Poland) have agreed to carry out a preliminary feasibility study for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Polish-firms-study-options-for-petchems-project_47921.html
November 19, 2012
Westlake Chemical has declared a $3.75/share special dividend, payable to shareholders on 12 December. The company will spend $250 million in cash on hand to pay the dividend. Westlake...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-declares-special-dividend_47827.html
November 16, 2012
In more mature markets such as Western Europe, industry will see industry consolidation, operations optimization and movement toward production of higher-value performance products...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shale-provides-North-American-PE-players-with-growing-advantage_47812.html
November 15, 2012
Shell says it has taken a final investment decision to debottleneck its steam cracker at Bukom Island, Singapore. This is expected to increase the capacity of olefins and aromatics by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-to-increase-capacity-at-petrochemical-complex-in-Singapore_47712.html
November 8, 2012
Westlake Chemical Corp.on Thursday reported net income for the third-quarter of $87.0 million, a 28% year-over-year (YOY) increase, despite lower sales, which fell 15% to $821.2 million....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-3Q-earnings-up-28-percent-on-lower-costs-and-higher-volumes_47568.html
November 7, 2012

LyondellBasell Industries says it plans a second round of US ethylene debottlenecks, including a 250-million lb/year expansion of its Channelview, TX cracker by 2015. The company is also studying a larger expansion of its Corpus Christi, TX cracker. Company officials say it is premature to discuss the size of Corpus Christi expansion, but say that the project under consideration there would be larger than Channelview. LyondellBasell also says it continues to see “significant interest” from potential partners in a grassroots joint venture or condo cracker.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-plans-expansion-at-two-Texas-ethylene-plants_47299.html
November 1, 2012
Williams Partners has agreed to acquire Williams’ 83.3% stake in a cracker at Geismar, LA, as well as Williams’ refinery-grade propylene splitter for $2.3 billion. Williams...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Partners-signs-agreement-to-purchase-Williams-Geismar-cracker_47398.html
October 26, 2012
Technip says it has been awarded the front-end engineering and design (FEED) contract and cracking-furnaces engineering and procurement services by Dow Chemical for the previously...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Technip-awarded-contract-for-Dows-Freeport-ethylene-plant_47275.html
October 10, 2012
The US chemicals industry will invest $15 billion in ethylene production from 2011-2017, increasing capacity by 33%, while volumes from natural gas separation plants are expected to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/PwC-report-US-has-biggest-ethylene-advantage_46827.html
October 8, 2012
The geographic balance of demand in the global petrochemical market will continue to shift from Western Europe and North America to fast-growing economies in Asia/Pacific and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPCA-2012-Petchem-demand-shifts-east-as-capacity-heads-west_46787.html
October 7, 2012
Europe's olefins and derivatives industry must focus on adding value to its products, if it is to survive in a rapidly changing global petrochemicals market, says Matthew Thoelke...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPCA-2012-Differentiation-is-key-to-survival-of-Europes-olefins-industry_46788.html
October 2, 2012
Westlake Chemical says it is converting its Calvert City, KY ethylene plant from propane to ethane feedstock, as well as increasing ethylene capacity from 450 million lbs/year, to 630...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-increases-ethylene-and-PVC-capacity-at-Kentucky-plant_46645.html
September 27, 2012
Ineos said on Wednesday that it has entered into a new agreement to source ethane from U.S. for import into Europe via Sunoco Logistics-operated Mariner East project. The company says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-to-Import-Ethane-from-U-S-to-Feed-European-Crackers_46546.html
September 26, 2012
Williams (Tulsa, OK) has signed a long-term gas processing agreement with a Canadian producer of oil sands. Williams will own, extract, transport, fractionate, and market the natural...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Signs-Gas-Processing-Agreement-with-Canadian-Oil-Sands-Producer_46526.html
September 24, 2012
Westlake Chemical says it will complete a previously announced 230 million-240 million lb/year expansion of ethylene capacity in Lake Charles, LA during a planned maintenance...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-to-Expand-Lake-Charles-Cracker-in-Early-2013_46491.html
September 20, 2012
Honeywell says its UOP subsidiary’s methanol-to-olefins (MTO) technology has been chosen by Jiutai Energy (Zhungeer, China), a subsidiary of Jiutai Energy Group (Linyi City...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Honeywells-UOP-MTO-Technology-Selected-by-Chinas-Jiutai-Energy_46374.html
September 5, 2012
Mitsui Chemicals announced today that it plans to restructure its petrochemical operations at the Chiba, Japan, manufacturing complex “to flexibly and effectively manage the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Mitsui-Chemicals-Idemitsu-to-Rationalize-Chiba-Complex-Suspend-PP-HDPE-Units_46050.html
August 30, 2012
Several petrochemical and refinery facilities in the coastal regions of Louisiana have shut down or reduced operating rates in advance of Hurricane Isaac. The storm was officially a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Louisiana-Petrochemical-Plants-Shut-as-Hurricane-Isaac-Hits-Land-Updated_45871.html
August 17, 2012
Mexichem (Tlalnepantla, Mexico) says it has signed a memorandum of understanding with Occidental Chemical (OxyChem) to evaluate the formation of a joint venture for the construction of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Mexichem-Plans-Ethane-Cracker-JV-with-OxyChem_45707.html
August 13, 2012
JGC confirms CW’s exclusive report that it will be responsible for the expansion of Petro Rabigh’s existing ethylene plant at Rabigh, Saudi Arabia. The contractor signed a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/JGC-Signs-Deal-to-Expand-Petro-Rabighs-Ethane-Cracker-in-Saudi-Arabia_45568.html
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