Petrochemicals

NOVA Chemicals completes polyethylene and cracker expansion in Ontario, Canada

Jan 9, 2023

NOVA Chemicals, with production assets in Canada and in Louisiana, and owned by Mubadala Investment Co. from Abu Dhabi, announced in late December 2022 the “mechanical completion” of expanded polyethylene and cracking capacity in Sarnia, Ontario, some 65...

International chemical guild seeks binding accord on recycling; Lummus-owned, crude-to-chemicals technology to see first commercial use; Methane market seen doubling to $1.6 trillion within a decade

Dec 19, 2022

News Briefs

U.S. petrochemical companies relieved after strike by railroad workers prevented but labor discontent remains

Dec 6, 2022

Petrochemical plants and refineries, customers of the North American freight railroad industry comprised of seven class I railroads and employing some 170,000 people, expressed relief at the start of December 2022 that U.S. President Joe Biden and Congress...

CPChem, Qatar to build new polyethylene plant in Texas-Louisiana border

Nov 19, 2022

Chevron Phillips Chemical and QatarEnergy announced on Nov. 16, 2022 plans to build an $8.5-billion ethylene and polyethylene integrated complex on the Texas side of the Sabine River at the Louisiana border, with CPChem owning 51% of the venture and startup...

Shell´s new 1.6-million-tonnes-year polyethylene plant starts operations; U.S. refiners say working on new capacity; Argentina-based Pampa Energia says higher petrochemical prices help revenue

Nov 19, 2022

News Briefs

Petroperu´s inability to restart refinery once key for Panama Canal defense separates Peruvians from $1.5 billion: a case study on a century of crude oil business in the tropics

Nov 9, 2022

Thirty million Peruvians learned slowly about a 30,000 barrels-per-day capacity expansion project, add to that a unit to process residuals, that has so far taken at least a decade and a half and demanded anywhere from $5.5 billion to well over $8 billion, not...

Dow´s revenue drops after 2022 summer plastic prices decline

Oct 25, 2022

Michigan-based Dow reported on Oct. 21 a drop in sales revenue in plastics that are key for its packaging segment and this because of a polyethylene price contraction in the summer of 2022 that has led the company to apply some brakes on production.

Petroecuador to expand, upgrade Esmeraldas refinery; AmSty to buy circular feedstock for recycled polysterene; Colombia´s Ecopetrol pays early $1.2-billion loan used to buy ISA; Wood Mackenzie sees plastics demand growth for 2022 slowing to 2.9%

Oct 11, 2022

News Briefs

U.S. chemical guild renews calls for better rail service, prices after union-railroads deal

Sep 27, 2022

Chemical manufacturers reiterated demands for better rail service and prices as the country´s association that includes resins producers expressed relief after a mid-September accord between U.S. freight railroads owners and unions that prevented 7,000 trains...

Argentina´s YPF to build pipeline, oil export terminal with $1.3 billion

Sep 6, 2022

The Argentine state hydrocarbons company YPF will invest $1.26 billion to start construction in March 2023 of a 435-mile pipeline from the Vaca Muerta unconventional deposit to a new crude oil export terminal to be built in the Rio Negro region, in southern...

Pages