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Articles Tagged with ''petrochemicals''

US petrochemical industry set for growth in 2013

Although not expanding at an astonishing rate, the U.S. chemical and petrochemical industries are experiencing steady growth, a report from Business Monitor International indicates.
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Honeywell's UOP to revamp Japanese petrochemical facility

UOP LLC, a Honeywell company, has been selected by Taiyo Oil Co. Ltd. to supply technology and catalysts to improve operational flexibility and increase petrochemical production at Taiyo's Shikoku Operations in Ehime, Japan.
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US imposes sanctions on Iran's petrochemical sector

The United States is imposing sanctions on Iran's petrochemical industry in a bid to cut off funds that the Islamic republic might use for developing its nuclear program.
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US petrochemical industry growth drives demand for skilled workers

More than $217 billion will be invested over the next six years in downstream petrochemical production in the United States as a result of the shale gas boom that is boosting the U.S. petrochemical industry.
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Global petrochemical producers rethink strategies to remain competitive

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

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

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

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

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

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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