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Articles Tagged with ''petrochemical industry''

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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Brazil ramps up plastics resins imports

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Due to Brazil's rapidly growing industry, demand for plastics and plastic resins is continually growing, leading to a rising volume and value of imports.
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Prospects look good for global ethylene oxide, ethylene glycol markets

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Global demand for ethylene oxide and ethylene glycol is predicted to remain on a steady upward trajectory in the next five years.
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Air quality concerns may delay petrochemical expansion in Texas, experts say

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Projects for new petrochemical plants on the U.S. Gulf Coast worth billions of dollars may be delayed or even blocked as a result of a set of more stringent air quality regulations implemented in the Texas industrial region.
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US petrochemical industry growth drives demand for skilled workers

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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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Odebrecht to invest heavily in Latin America

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Brazilian conglomerate Odebrecht announced May 1 plans to invest $20 billion globally over the next three years, 85 percent of which will be invested in Latin America.
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Shell starts major petrochemical investment in Singapore

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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

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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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Williams plans major petrochemical investment in Alberta

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The Tulsa, Okla.-based firm is going to open a propane dehydrogenation (PDH) facility, located near its existing complex in Redwater.
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Oklahoma company to build propane dehydrogenation plant in Alberta

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Tulsa, Okla.-based energy company Williams has announced plans to build a propane dehydrogenation (PDH) facility in Alberta, Canada, to increase production of polymer-grade propylene from its Canadian operations.
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