Air Products and Shandong Binhua New Material sign gas supply contract
Air Products will build, own and operate several onsite gas production facilities in the Binzhou Port-centred Chemical Industry Park.
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North American petrochemical majors that strive to pace investments efficiently, in line with market trends, will boost their competitiveness and seize further opportunities for growth over the long-term, says GlobalData.
SIBUR and Sinopec will hold interests in the JV in the amount of 60% and 40%, respectively.
The acquisition consists of 15 sites across the world (5 in the Americas, 2 in Europe and 8 in Asia) as well as 10 joint ventures.
Mammoet has announced that its team completed several lifts at a petrochemical plant in Potter Township, Pennsylvania, US.
MOL Group has released a short video detailing the complex transportation of giant equipment to its polyol complex in Hungary.
Lotte Chemical, LG Chem and YNCC are set to restart their naphtha crackers in December and January.
Maire Tecnimont’s subsidiary has been awarded an EPCC contract by Indian Oil Corp. Ltd for the construction of new petrochemical derivatives units in India.
The process technology will be used for a 400 000 tpy polypropylene unit to be built in Svobodny, Amur region, Russia.
Neste has said that it has successfully processed 400 t of liquefied plastic waste at its refinery in Finland this autumn.
