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

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December 15, 2010
GALLOGLY: Positioned for growth. LyondellBasell says it is well-positioned to take capitalize on the favorable natural gas prices and ethane advantage in the U.S., LyondellBasell CEO...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-Looks-to-Capitalize-on-U-S-Ethane-Advantage_31598.html
December 9, 2010
The Shaw Group says it has been awarded a contract by Gail India (New Delhi) to provide technology and engineering for a previously announced ethylene plant at Pata, India. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shaw-Awarded-Contract-for-Ethylene-Plant-in-India_31487.html
December 8, 2010
Shell Chemicals has confirmed CW’s exclusive report that it is in discussions to form a petrochemicals joint venture in Qatar. “We are actively in discussions with Qatar...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/GPCA-2010-Shell-in-Talks-with-QP-on-Ras-Laffan-Cracker_31414.html
December 8, 2010
Saudi Aramco and its joint venture partner Dow Chemical will soon announce plans to proceed with their mega petrochemical complex at Jubail, says Khalid A. Al-Falih, president and CEO of Saudi Aramco....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/GPCA-2010-Aramco-to-Proceed-at-Jubail-with-Dow-and-Petro-Rabigh-Expansion-with-Sumitomo_31413.html
December 7, 2010
Strong demand recovery in 2010 and the need to foster innovation in the Mideast are key themes at the Fifth Annual GPCA Forum being held December 8-9 in Dubai. Attendance is expected to exceed 1,300, up more than 20% from last year.
...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/GPCA-2010-Innovation-Recovery-Top-Forum-Agenda_31404.html
December 2, 2010
Dow Chemical says it will increase ethane cracking capability on the U.S. Gulf Coast by 20%- 30% over the next two to three years, and is reviewing joint venture options for building a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Dow-to-Boost-Gulf-Coast-Ethane-Capability-Mulls-JV-Options-for-NGL-Fractionator_31340.html
November 30, 2010
Enterprise Products Partners says it has started operations at its 75,000-bpd natural gas liquids (NGL) fractionator at its Mont Belvieu, TX, bringing nameplate capacity to 305,000 bpd...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Enterprise-Starts-Up-Fourth-NGL-Fractionator-at-Mont-Belvieu_31295.html
November 29, 2010
U.S. olefins production rose sequentially in the third-quarter of 2010 by an average of about 2.36%, according to the National Petrochemical & Refiners Association (NPRA...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/NPRA-Olefins-Production-Slightly-Increased-in-Third-Quarter_31216.html
November 19, 2010
This Week on CW: BHP Billton has withdrawn its bid for PotashCorp in the face of opposition from Canadian regulators. Talks to sweeten the deal, which must provide a "net...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-November-19_31113.html
November 12, 2010
Nova Chemicals announced third-quarter net income of $54 million compared to a net loss of $19 million in the year-ago period. Sales were up 31%, to $1.38 billion, on higher margins...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Novas-Income-Rises-on-Improved-Demand-and-Higher-Margins_30910.html
November 11, 2010
Ineos’s Chocolate Bayou, TX petchem complex suffered an unplanned outage yesterday as a result of a lightning strike, market players say. The company operates two ethylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Lightning-Strike-Forces-Ineoss-Chocolate-Bayou-Ethylene-Units-Offline_30709.html
November 9, 2010
Braskem and Ineos Technologies have announced a strategic partnership for polyethylene (PE) technologies covering licenses for Innovene's slurry- and  gas phase-process to produce high-density PE (HDPE) and linear-low density PE (LLDPE)  in future projects. They will jointly conduct R&D programs for slurry and gas-phase PE platforms....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-and-Ineos-Sign-Technology-Deal-for-Projects-Including-Mexicos-Ethylene-XXI_30804.html
November 9, 2010
Chevron says it will buy natural gas producer Atlas Energy (Moon Township, PA) for $3.2 billion. The acquisition will provide Chevron with an attractive natural gas resource position...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chevron-Buys-Atlas-Energy-for-$3-2-Billion_30797.html
November 8, 2010
LyondellBasell has appointed Bob Patel as senior v.p./olefins and polyolefins, Europe, Asia and International, with additional responsibilities for licensing and catalyst sales...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/De-Vries-Departs-LyondellBasell-Patel-Named-Successor_30783.html
November 2, 2010
Moody's Investors Service (New York), the ratings agency, has raised Dow Chemical's credit outlook to 'stable' from 'negative,' on account of the company's improved financial...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Moodys-Raises-Dow-Outlook_30673.html
October 27, 2010
Sibur (Moscow), Russia's largest petrochemicals player, has outlined it's medium-term investment plans. Dmitri Konov, CEO, speaking today to the press by satellite connection during...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/K2010-Sibur-Confirms-Cracker-Plans-JV-with-Dow-Delayed_30479.html
October 20, 2010
Siluria, a San Francico-based start-up that recently gained recognition for demonstrating technology to convert methane directly to ethylene at low temperatures, says it has raised over $13 million in Series A funding. The investment allows the company to optimize its platform to meet the performance levels required for commercialization....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Methane-to-Ethylene-Startup-Secures-Funding_30323.html
October 20, 2010
Greencol Taiwan Corp. (GTC; Kaohsiung, Taiwan), an equally owned joint venture between China Man-Made Fiber Corp. (Taipei) and the trading group Toyota Tsusho Corp. (Nagoya City...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Taiwan-Builds-Ethanol-to-Ethylene-Complex-as-Part-of-Bio-PET-Supply-Chain_30332.html
October 15, 2010
Reliance Industries says it has raised about $1.5 billion in debt. Market watchers say the debt was raised to finance Reliance’s new U.S. shale gas projects. A $1 billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reliance-Raises-$1-5-billion-in-Debt-to-Fund-U-S-Shale-Projects_30265.html
October 11, 2010
China National Offshore Oil Corp. (CNOOC) says it will purchase a one-third stake in Chesapeake Energy’s (Oklahoma City, OK) 600,000 oil and gas leasehold acres at its Eagle...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CNOOC-Enters-U-S-Shale-Gas-Market-in-$1-08-billion-Deal-with-Chesapeake-Energy_30111.html
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