Shale gas and cash race
On February 27th the gas price in North America reached a new low at $2.57 per million btu with all chances to stay below $3 for a while. In dividing the gas price by four since its peak at $13.5 per...
View ArticleLyondellBasell’s technology selected for the Shenua Yulin CTL project
The Chinese Shenua coal mining company selected the LyondellBasell’s Lupotech T process for its new Coal To Olefins (CTO) project planned in Yulin, Shaanxi Province, China. With this technology Shenua...
View ArticleDow and Fluor signed a Strategic EPC Agreement
Fluor Corp. (Fluor)announced to have signed a Strategic Global Engineering, Procurement, Construction (EPC) and Construction Management Agreement with The Dow Chemical Company (Dow). This three-year...
View Article$380 million contract for Linde in Saudi Aramco-Dow Sadara
The Linde Group (Linde) and Sadara Chemical Company (Sadara), the joined venture between Saudi Aramco and Dow Chemical, signed a long-term contract for the gas supply of Sadara Complex in construction...
View ArticleSasol to surf Downstream on the US Shale gas wave
$4 billion Louisiana Ethylene Cracker: On going Feasibility Study The South African energy and chemicals major Sasol’s board of directors has approved a feasibility study for a possible ethylene...
View ArticleGE and Shenua join expertise for Cleaner Coal technology
Two leaders build energy Market Leadership with coal gasification Shenua Group (Shenua), from China, and GE, from USA, create the new GE Shenhua Gasification Technology Company Ltd., a 50-50 joint...
View ArticlePolyplex invests $150 million in Turkey for PET
Indian polyester leader Polyplex selects Turkey for expansion Polyplex Corp. of India, is the fourth largest producer of polyester film in the world. Polyplex and the Investment Support and Promotion...
View ArticleEpichlorohydrin
Definition Epichlorohydrin (ECH or EPI) is a highly reactive chemical intermediate. In its pure form, it is a clear, colorless liquid. The presence of both an epoxide ring and a chlorine atom in the...
View ArticleSaudi Aramco $ 5 billion PetroRabigh expansion well in progress
PetroRabigh II and Sadara to double Saudi Aramco petrochemical production The PetroRabigh expansion, or PetroRabigh II, is a joint venture between Saudi Aramco and the Japanese Sumitomo Chemical while...
View ArticleTecnicas Reunidas wins three EPC contracts in Sadara complex
Dow and Saudi Aramco $20 billion Sadara takes shape Sadara Chemical Company (Sadara) is a joint venture between The Dow Chemical Company (Dow) and Saudi Arabian Oil Company (Saudi Aramco). Once...
View ArticleTotal and Saudi Aramco work on Satorp Expansion
Saudi Aramco and Total to go for Aromatics in phase 2 While the joint venture Saudi Aramco Total Refining and Petrochemical Company (Satorp) is completing the construction of the refinery as the first...
View ArticleSaudi Aramco and Sabic lead Middle-East downstream projects
$8.9 billion petrochemical projects awarded on H1-2012 Middle-East countries and especially Saudi Arabia have been extremely active on the Downstream sector during the first half 2012 in awarding $8.9...
View ArticleDow and Saudi Aramco continue to award Sadara packages
$20 billion Sadara project takes momentum in Al Jubail With 26 major production units, The Dow Chemical (Dow) and the Saudi National Oil Company Saudi Aramco are building up the world’s largest...
View ArticleUS shale gas expansion pushes QP and Sabic to go global
Qatar Petroleum in JV with Exxon to export US LNG Qatar Petroleum (QP) and ExxonMobil announced to use their joint venture called Golden Pass Products to export liquefied natural gas (LNG) from USA....
View ArticleDow Chemical introduces new global organization
Dow to increase customer focus and reduce costs Last July, The Dow Chemical Company (Dow) reported 31% tumbled earnings for the second quarter 2012 as the consequence of the global slowdown of the...
View ArticleFour contractors bidding on $1 billion Luberef Expansion
Saudi Aramco to upgrade Yanbu Lube Oil Refinery Saudi Aramco and Jadwa Investment have received the tenders from four engineering companies bidding on the expansion of Luberef Yanbu Lube Oil Refinery...
View ArticleSAAC, Kayan and Sadara to decide soon on Jubail n-Butanol
SAAC leads partners to award $500 million NBA EPC Saudi Acrylic Acid Co (SAAC) and its partners, Saudi Kayan Petrochemical (Saudi Kayan) and Sadara, are reaching the last stage of the bids...
View ArticleOccidental Petroleum plans new ethylene cracker at Ingleside – Texas
Oxy to join Chevron, Dow, Exxon and Shell US projects On December 2012, Occidental Chemical Corporation (OxyChem) submitted a permit application to the US Environmental Protection Agency (EPA) for the...
View ArticleUSA to release brakes on second LNG export project
Freeport LNG Expansion to get approval on H2 2013 After Cheniere Sabine Pass LNG in Louisiana, the Freeport LNG Expansion project in Texas could be the second export of liquefied natural gas (LNG)...
View ArticleChevron and YPF closed deal to come back on Argentina Vaca Muerta
Chevron to build shale pilot in Neuquen Province The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital...
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