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Articles Tagged with ''petrochemicals''

Global petrochemical producers rethink strategies to remain competitive

May 22, 2013
Most petrochemical businesses have already come to the realization that the U.S. natural gas-based feedstock is giving those who use it a great advantage in terms of costs.
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Shell starts major petrochemical investment in Singapore

April 25, 2013
Global energy giant Shell has announced plans to expand its investments in Asia by building new petrochemical units in Singapore.
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China's Sinopec looks to boost petrochemical production

April 1, 2013
Global petrochemical producers are facing fierce competition from U.S. companies that have been taking advantage of the huge amounts of natural gas available from their own oil and gas fields and used as feedstock for petrochemical production.
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Sinopec takes aim at US petrochemical competition

March 25, 2013
Chinese oil and gas company Sinopec says it is striving to lower its petrochemical production costs and optimize its product mix in order to stave off competition from the U.S.
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Dow Chemical awarded $2.48 billion in court battle with Kuwaiti company

March 11, 2013
Legal proceedings that have been going on for years between Dow Chemical Co. and Kuwaiti state-owned Petrochemical Industries Co. are finally over, after an international court awarded an extra $318 million to the American chemical corporation.
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Ethane fuels growth in US petrochemical industry

March 7, 2013
The U.S. petrochemical industry is expecting growth in the first half of 2013, compared to the previous six-month period, mostly due to the increase in use of ethane as the key ethylene feedstock.
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US petrochemical industry expands position as leading producer

March 6, 2013
New investment is expanding the U.S. petrochemical industry's position as a global producer, Steve Pryor, president of ExxonMobil Chemical Company, said in a speech at the IHS CERAWeek 2013 conference.
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Africa looks for a share in global petrochemical, oil-refining markets

March 4, 2013
Ongoing reforms in Nigeria's gas sector will make the West African country a regional hub for petrochemical and fertilizer production by 2017, according to Nigerian National Petroleum Corp. (NNPC) Group Executive Director David Ige.
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Qatar aims to increase petrochemical output

February 25, 2013
Qatar is planning to strengthen its position in the petrochemical market by increasing its petrochemical output to 23 million tons a year by 2020, the country's minister of energy and industry Muhammad Saleh Al-Sada said.
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Honeywell to optimize efficiency for Borouge petrochemical plant expansion

February 6, 2013
Honeywell has been awarded four major contracts worth a combined $40 million over an 18-month duration for the Borouge petrochemicals complex in Ruwais, Abu Dhabi.
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