Petrochemicals

LyondellBasell faces aftermath of deadly acetic acid accident in Texas

Aug 10, 2021

LyondellBasell’s plant in La Porte, Texas on July 27 accidentally released about 100,000 pounds of acetic acid killing two contractors and injuring 30 people.

Polyurethanes, packaging demand helps Dow post double-digit sales growth

May 10, 2021

Dow, one of the world’s biggest petrochemical companies, saw during the first quarter strong demand for most products particularly those for packaging materials like polyethylene as well as for polyurethanes used in cushioning for auto seats or bedding.

LyondellBasell CEO sees resin markets tight at least through year’s end

May 10, 2021

LyondellBasell’s CEO Bhavesh Patel said that the strong plastic resin demand and tight market conditions that boosted the company’s first quarter profitability may continue through December.

February’s winter weather event in U.S. Gulf Coast pushes prices higher, creates backlogs

Mar 24, 2021

Automobile producers have announced North American production cuts related to the Gulf Coast winter storm of mid-February in just one of multiple impacts across different markets mostly centered around higher prices, according to a report released by Wood...

Venture of Total, OMV-owned Borealis to start Texas cracker in Q1 2021, PE line in Q1 2022

Feb 9, 2021

Baystar, a Total and Borealis venture, will start by the end of March its new Port Arthur ethane cracker with over a million-tonnes-per-year capacity while the new 625,000-tonne per year polyethylene unit in Pasadena will start by March 2022, a spokeswoman...

ExxonMobil cuts 2021 capital expenditure but will finish Corpus Christi plants ahead of schedule

Feb 9, 2021

ExxonMobil slashed capital expenditures for 2021 but despite such massive cuts it has pushed forward its ethane cracker, polyethylene and mono-ethylene glycol chemical complex in Corpus Christi, Texas set to be ready before the end of the year, ahead of the...

DuPont, Chemours, Cortiva reach accord to split $4 billion in expenses to face potential liabilities over PFAS chemicals

Jan 26, 2021

DuPont, Chemours and Cortiva, once all part of one company that for several decades made chemicals that have since originated a myriad of lawsuits over health impacts and other losses, announced Friday Jan. 22 an accord to split over $4 billion in expenses...

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