Petrochemical

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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.

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.

A new polyethylene (PE) manufacturing facility, with its own "small" ethane cracker is set to open in West Virginia.

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.

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.

The Canadian petrochemicals industry has the potential to grow dramatically thanks to low natural gas prices, but a number of obstacles are standing in its way.

Wealthy investors from the Arabian Gulf are eyeing markets in southeast Asia and investing huge sums of money in petrochemical production in the region.

Chevron Phillips Chemical Co. is studying the potential expansion of its normal alpha olefins (NAO) capacity at its Cedar Bayou Chemical Complex in Baytown, Texas.

The two largest petrochemical companies in Russia, Sibur and Nizhnekamsk, have been claiming the title of leader on the country's petrochemical market over the past few years and it looks like their battle will continue in 2013.

Westlake Chemical Corp.’s previously announced expansion of the Petro 2 ethylene unit at its complex in Lake Charles, La. has begun.