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March 26, 2012
A surge in shale gas production is rapidly transforming the North American petrochemical industry, improving the cost position of producers and prompting major plans for new...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Petrochemicals-Shale-Gas-Restores-U-S-Competitiveness_42235.html
March 23, 2012
The rapid transformation of the North American petrochemicals outlook will dominate discussions at key industry conferences over the next few weeks, including the American Fuel and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Petchem-Revival_42254.html
March 20, 2012
Enterprise Products Partners says it will build two more natural gas liquid (NGL) fractionators at its Mont Belvieu, TX complex that will provide 150,000 bpd of incremental...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Enterprise-to-Build-Two-More-NGL-Fractionators-at-Mont-Belvieu_42122.html
March 16, 2012
This Week on CW:   Shell Chemical says it is evaluating a site in Pennsylvania for a new, world-scale ethane cracker that will mostly serve the U.S. northeast. The company has...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-Mar-16_42093.html
March 14, 2012
Indorama Ventures (Bangkok) says it is studying a world-scale, greenfield steam cracker and ethylene glycol (EG) project in the U.S....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Indorama-Planning-U-S-Cracker-Project_42019.html
March 13, 2012
Total today signed a "comprehensive" memorandum of understanding with Kuwait Petroleum International (KPI) and Petrochemical Industries Co. (PIC; Kuwait City) covering...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Total-Signs-Deal-to-Partner-with-Kuwait-and-Sinopec-in-Petchems-Project_41961.html
March 13, 2012
Nova Chemicals reported fourth-quarter net income of $77 million, up 22% from the year-ago quarter, on higher margins in the company’s olefins segment. Sales were down 5.8% from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-Chemicals-Posts-Fourth-Quarter-Profit_41962.html
February 27, 2012
Formosa Plastics says it will invest about $1.7 billion at its Point Comfort, TX site to build a new, grassroots 800,000-m.t./year ethane cracker, an associated 600,000-m.t./year propane dehydrogenation (PDH) unit and a new 300,000-m.t./year low-density polyethylene (LDPE) resin plant. Start-up is expected in 2016, Formosa says.
...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Formosa-Updates-Plans-for-U-S-Expansion_41617.html
February 24, 2012
This Week on CW:   BASF’s fourth-quarter earnings were adversely impacted by economic weakness, but the company still showed profitability and forecasts growth for this...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-Feb-24_41588.html
February 21, 2012
Westlake Chemical reported fourth-quarter 2011 net income of $26.4 million, down 68% from the year-ago period, primarily due to higher feedstock costs. Sales were up 8%, to $859.2...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Higher-Feedstock-Costs-Drive-Down-Earnings-at-Westlake-Chemical_41504.html
February 15, 2012
Bayer has leased its 1,400-acre site at New Martinsville, WV to Gastar Exploration (Houston) for $30-million deal. Gastar will drill for gas at the site for 30 years, and plans to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Bayer-Leases-WV-Land-to-Gastar-Exploration-for-$30-Million_41373.html
February 14, 2012
Aither Chemicals (South Charleston, WV) and Pittsburgh’s Renewable Manufacturing Gateway (RMG: Pittsburgh, PA) have signed a letter of engagement to invest about $750 million...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Start-up-Petrochemical-Company-Seeks-to-Build-Catalytic-Based-Ethane-Cracker-in-U-S-Northeast_41300.html
February 14, 2012
Saudi Arabia's Royal Commission for Jubail and Yanbu says it has authorized previously announced chemical expansion projects totaling SR21.2 billion ($5.6 billion) at Jubail. The deals...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Saudi-Arabia-Approves-$5-6-Billion-Expansion-Projects-at-Jubail_41339.html
February 13, 2012
Qatar Petroleum (QP; Doha) and Qatar Petrochemical Co (Qapco; Doha) have reached agreement to build an integrated petrochemical complex in Ras Laffan, Qatar....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/QP-and-Qapco-to-Build-Petrochemical-Complex-at-Ras-Laffan_41304.html
January 26, 2012
Kuwait has confirmed that it has selected Total as the partner in a previously announced $9-billion refinery and petrochemical complex to be built at Donghai Island near Zhanjiang...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Total-Partners-with-Kuwait-Petroleum-Sinopec-in-Donghai-Island-Petchems-Project_40780.html
January 25, 2012
The Asian Development Bank (ADB; Manila) said today that it has approved a loan and political risk guarantees of up to $400 million to help build a previously announced petrochemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/ADB-Helps-Develop-Uzbekistans-Largest-Petchems-Complex_40740.html
January 20, 2012
China National Petroleum Corp. (CNPC), parent of PetroChina; Qatar Petroleum International (QPI); and Shell signed an agreement this week to proceed with a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/PetroChina-Qatar-Petroleum-and-Shell-Ink-Agreement-for-World-Scale-Project-in-China_40657.html
January 19, 2012
Chevron Phillips Chemical (CPChem) has announced several management changes. Effective February 1, Greg Wagner will become v.p./human resources. Wagner replaces Chantal Veevaete, who...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-Announces-Management-Changes_40593.html
January 19, 2012
Kuwait’s previously announced Olefins III project is expected to be completed by end 2016, Maha Mulla Hussain, chairperson of Petrochemical Industries Co. (PIC) told CW recently...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Kuwait-Details-Olefins-III-Mohammad-Hussain-to-Succeed-Al-Terkait-at-Equate_40582.html
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