IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Propylene

Displaying 221 - 232 of 558 stories.
July 8, 2014
Two workers were injured on 7 July by a fire at Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) Port Arthur, TX, facility. CPChem says the cause of the fire has not yet been determined....
July 7, 2014

PetroLogistics (Houston) says the deadline for terminating its merger agreement with Flint Hills Resources to pursue alternative proposals from third parties passed on 7 July. Flint Hills, a subsidiary of Koch Industries, agreed in late May to acquire the propylene maker for $2.1 billion.

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July 7, 2014
LG International (LGI; Seoul) and its partner Hyundai Engineering & Construction have signed a memorandum of understanding (MOU) with state-owned energy group Turkmengas (Ashgabat)...
June 13, 2014
C3 Petrochemicals, an affiliate of Ascend Performance Materials, has received a final greenhouse gas Prevention of Significant Deterioration construction permit for its Alvin, TX, propane dehydrogenation project, according to an EPA statement....
June 10, 2014
Refiner and petrochemicals producer IRPC (Bangkok), formerly Thai Petrochemical Industry, said today that a fire at its vacuum gas oil hydrotreating unit (VGO/HT), which provides...
June 5, 2014
The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene...
May 28, 2014
Flint Hills Resources, a subsidiary of Koch Industries, has reached a deal to acquire propylene maker PetroLogistics for $2.1 billion....
May 27, 2014
BASF is likely to use its own technology in a previously announced, world-scale methane-to-propylene plant using shale gas as feedstock it is planning to build on the Gulf Coast...
May 22, 2014
UOP, a Honeywell subsidiary, says that Guangdong Peng Zun Energy Development Co., a Chinese petrochemical producer, has selected the UOP C3 Oleflex process technology to convert...
May 20, 2014
Bolivian president Evo Morales has announced plans for a $1.8-billion petrochemical plant in the department of Tarija in southern Bolivia. The area has the largest proven natural gas...
May 14, 2014
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest chemicals player, is studying plans for a possible cracker and derivatives project in the United States and is advancing...
May 6, 2014
BASF’s proposal to build a world-scale methane-to-propylene (MTP) complex on the US Gulf Coast is strategically sound, and it may also be tactically savvy, says Chuck Carr, senior director/global olefins at IHS Chemical. BASF needs to address the shrinking supply of propylene produced by North America's steam crackers, and on-purpose production is most likely the answer. At the same time, the choice of MTP over propane dehydrogenation (PDH) suggests that BASF may expect the gap between crude oil and natural gas prices to grow over the long term, providing an advantage to production from methane....
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