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Articles Tagged with ''petrochemical industry''

French company develops first biological production process for propylene

A French company has developed the world's first biological production process for propylene, a key building block in the manufacture of plastics.
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US chemical producers see competitive advantage ebb away as oil prices fall

Drivers in the United States are benefiting from falling gas prices, but the current low oil prices are not good news for everyone.
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Technip wins two ethane cracker contracts

Technip will provide its technology and expertise to two U.S. ethane cracker facilities under new contracts announced by the Paris-based company this week.
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Sasol to build new ethane cracker in Louisiana

South African energy and chemical company Sasol Limited has confirmed that it will build an $8.1 billion ethane cracker and derivatives complex in the United States, as the company looks to take advantage of cheap and plentiful supplies of U.S. gas.
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Petrochemical industry in Arabian Gulf region goes from strength to strength

The petrochemical and chemical industry in the Arabian Gulf region is showing strong growth, creating thousands of jobs and attracting multi-billion dollar investments.
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Appalachian Resins to relocate planned $1 billion polyethylene plant to Ohio

Houston-based Appalachian Resins Inc has agreed to lease about 50 acres of land in the Salem Township of Ohio to build its planned $1 billion ethylene and polyethylene production facility.
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Iran to offer incentives to foreign investors

Iran seems determined to open up to foreign investors, in the hope of attracting international businesses that would inject fresh capital into Iranian industry.
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BASF mulls multi-billion dollar Gulf Coast investment in methane-to-propylene complex

Propylene in short supply due to shift to ethane feedstocks drawn from shale gas, IHS Chemical notes
Chemical producer BASF is evaluating an investment in a world-scale methane-to-propylene complex on the U.S. Gulf Coast.
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Petronas to build $27 billion refinery complex

Malaysia's state-owned oil and gas company Petronas has announced plans to invest $27 billion in the construction of a new refining and petrochemical complex in the southern state of Johor.
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New US petrochemical projects in need of skilled workers

Approximately 90,000 new workers will be needed next year as a number of major chemical projects are set to break ground in 2015.
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