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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/propylene/Petrochemicals-Shale-Gas-Restores-U-S-Competitiveness_42235.html
March 7, 2012
Dow Chemical says its Board of Directors has authorized capital to finalize detailed engineering and purchase long lead-time equipment for a new, world-scale propane dehydrogenation...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dows-Board-Authorizes-Freeport-Propylene-Investment_41858.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/propylene/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/propylene/Chemical-Industry-Weekly-News-Round-Up-Feb-24_41588.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/propylene/Saudi-Arabia-Approves-$5-6-Billion-Expansion-Projects-at-Jubail_41339.html
January 27, 2012
This Week on CW: Eastman Chemical announced plans to acquire Solutia for $4.7 billion in cash and stock, including assumed debt. The purchase price of $27.65/share, including cash and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Chemical-Industry-Weekly-News-Round-Up-Jan-27_40883.html
January 25, 2012
Total has shelved plans to divest a refinery in the U.K. after failing to find a buyer for the plant. Patrick Pouyanné, head of Total's refinery and chemicals business...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Total-Shelves-Divestment-of-U-K-Refinery_40771.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/propylene/Kuwait-Details-Olefins-III-Mohammad-Hussain-to-Succeed-Al-Terkait-at-Equate_40582.html
January 16, 2012
Oil and gas company OMV (Vienna) says it will consider plans to divest the company's 45% stake in Bayernoil (Ingolstadt, Germany) as part of a previously announced program to sell...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/OMV-Considers-Sale-of-Stake-in-German-Refiner_40483.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/propylene/Petrochemicals-Stronger-Demand-Expected_40268.html
January 5, 2012
Dow Chemical says it has selected Honeywell to provide technology for its recently announced propane dehydrogenation unit (PDH) at Freeport, TX. Dow says the PDH unit will have the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dow-Selects-Honeywell-Technology-for-New-PDH-Unit_40189.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/propylene/Petronas-in-Discussions-with-Several-Petrochemical-Companies-for-Rapid-Project_40182.html
January 5, 2012
A propylene oxide (PO) plant operated by SCG-Dow Group, a joint venture between Dow and Siam Cement at Map Ta Phut, Thailand, has commenced full production. The world-scale facility...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dow-HPPO-Joint-Venture-Plant-Starts-up-in-Thailand_40158.html
December 22, 2011
OPX Biotechnologies, a Boulder, CO-based industrial biotechnology firm, says it reached several key development milestones with its acrylic acid production process in 2011 and will...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/OPX-Biotechnologies-Advances-Acrylic-Acid-Platform_39999.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/propylene/Total-Buys-ExxonMobil-out-of-Fina-Antwerp-Olefins_39970.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/propylene/ACC-Global-Economy-Has-Reached-a-Critical-State_39698.html
December 8, 2011
NatPet (Yanbu, Saudi Arabia), a subsidiary of the Alujain Group, is diversifying downstream into plastics processing, using polypropylene (PP) from its 400,000 m.t./year Yanbu...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/NatPet-Diversifies-Downstream-Completes-Reliability-Tests_39483.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/propylene/CPChem-Completes-Construction-of-Saudi-Petrochemical-Complex_39599.html
December 1, 2011
Lummus Technology, a CB&I subsidiary, has been awarded a contract by CJSC Vostochnaya Neftechimicheskaya (VNHK), a subsidiary of OJSC Rosneft (Moscow) for the license and basic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Rosneft-Builds-Large-Naphtha-Cracker-Complex-in-Russias-Far-East_39432.html
November 30, 2011
UOP has licensed its propane dehydrogenation technology to Zhejiang Shaoxing Sanjin Petrochemical Co., a wholly owned subsidiary of Zhejiang Fuling Holding Group (Shaoxing City...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/UOP-Licenses-Propane-Dehydrogenation-Technology-for-Big-Plant-in-China_39422.html
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