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Articles Tagged with ''petrochemical industry''

Iran to offer incentives to foreign investors

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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
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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

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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

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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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Total plans to tap into Iraqi petrochemical market

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French oil company Total is exploring options to expand its presence in the Middle East and tap the growing local market by constructing a large petrochemical complex in Iraq.
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Colombia's petrochemical sector sees poor output performance in 2013

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Colombian market conditions are expected to improve in 2014, leading to growth in industrial production and better performance of petrochemicals-consuming sectors.
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Brazil's Odebrecht to explore petrochemical investment in West Virginia

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The "Ascent -- Appalachian Shale Cracker Enterprise" complex would include an ethane cracker, three polyethylene plants and associated infrastructure for water treatment and energy co-generation.
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Sabic plans US petrochemical investment

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Saudi petrochemical giant Saudi Basic Industries Corp. recently announced plans to invest in a petrochemical project in the United States next year and tap into the U.S. shale energy abundance.
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Taiwanese companies plan to invest in petrochemical complex in China

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The Petrochemical Industry Association of Taiwan announced Monday that a group of eight Taiwanese companies is planning to invest in the construction of a large petrochemical complex in China.
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Global petrochemical market estimated to reach $791 billion by 2018

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According to a new report by Transparency Market Research, the global petrochemical market is estimated to reach a total value of just over $791 billion by 2018, up from $472.06 billion in 2011.
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