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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
January 18, 2012
Arkema says it will withdraw the Evatane 33-15 and Lotryl 14MG02 grades from its Evatane and Lotryl functional polyolefin ranges. Evatane 33-15 is an ethylene vinyl acetate (EVA)-based...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Arkema-to-Withdraw-Two-Grades-from-Functional-Polyolefin-Ranges_40544.html
January 12, 2012
With the North American turnaround season is beginning to gear up, U.S. ethane prices have fallen 7% since the start of the year, to about 68 cts/gal, as a result of reduced operating...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Cracker-Turnarounds-Drive-Feedstock-Costs-Lower-but-Boost-Ethylene-Pricing_40412.html
January 9, 2012
Petrochemical producers expect a stronger year as demand continues to recover and capacity additions in the Mideast slow. Global demand for ethylene is expected to increase 3.9% in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Petrochemicals-Stronger-Demand-Expected_40268.html
January 5, 2012
Petronas is in discussions with several companies including Dow Chemical, ExxonMobil, and Shell for building petrochemical plants at Petrona’s previously announced $20-billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Petronas-in-Discussions-with-Several-Petrochemical-Companies-for-Rapid-Project_40182.html
December 21, 2011
Total announced today that through its wholly owned subsidiary PetroFina, it signed an agreement with ExxonMobil Petroleum & Chemicals under which ExxonMobil will transfer to Total...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Total-Buys-ExxonMobil-out-of-Fina-Antwerp-Olefins_39970.html
December 21, 2011
Sibur (Moscow), Russia’s largest petrochemicals player, will make a final investment decision next year on a previously announced world scale petrochemicals complex at Tobolsk...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-Details-Plans-for-Huge-Petchems-Complex-at-Tobolsk_39969.html
December 19, 2011
Petchem Players Eye Benefits of Feedstock Revolution Midstream petroleum companies are poised to benefit from a building boom in the U.S. petrochemical industry, following a flurry of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shale-Gas-Generates-Investment-Boom_39760.html
December 16, 2011
This Week on CW:   Private equity firm Apollo Global Management has agreed to acquire alkylamines maker Taminco from CVC Capital Partners, another private equity firm, for $1.5...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-Dec-16_39892.html
December 14, 2011
The Shaw Group says it has been awarded a contract by Chevron Phillips Chemical (CPChem) to license its proprietary technology and provide a process design package for CPChem’s...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shaw-Awarded-Technology-License-and-Design-Contract-for-CPChems-New-Ethane-Cracker_39758.html
December 13, 2011
LyondellBasell announced several U.S. investments to capitalize on swelling supplies and falling prices for natural gas-based feedstocks in North America at its annual investor meeting held today in New York. The company also announced plans for a propylene oxide (PO)-tertiary butyl alcohol (TBA) plant in China, and expansion of butadiene capacity in Germany....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-Plans-U-S-Olefins-Expansion-and-Asia-PO-TBA-Unit_39616.html
December 13, 2011
“The global economy has reached a critical state,” ACC chief economist Kevin Swift said in the group’s year-end economic outlook for 2011. “A global soft-patch...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/ACC-Global-Economy-Has-Reached-a-Critical-State_39698.html
December 12, 2011
Equate Petrochemical (Safat, Kuwait) is actively seeking acquisitions outside the Middle East and may be close to a deal before the end of the year, company officials say. "Our strategy is to look for M&A opportunities in the line of our existing products," says Hamad Al-Terkait, Equate CEO....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Equate-Petrochemical-Seeks-Acquisitions_39713.html
December 8, 2011
Chevron Phillips Chemical (CPChem) said on Wednesday that construction on its Saudi petrochemical joint venture project has been completed. The complex was built at Jubail by Saudi...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-Completes-Construction-of-Saudi-Petrochemical-Complex_39599.html
December 5, 2011
Shell and Qatar Petroleum have signed a heads of agreement for the development of a previously announced multi-billion dollar petrochemical production joint venture in Qatar. Total...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-and-Qatar-Petroleum-Sign-Petchems-Deal-Shell-to-Hold-Minority-Stake_39485.html
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