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Petrochemical

Global petrochemical market to grow by 6.7% through 2018

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China is anticipated to retain its position as a world leader though 2018, as demand for petrochemicals will continue to grow faster than in other parts of the world.
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Brazil to increase plastics production in 2014

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The Brazilian plastics market is expected to become more favorable and profitable to local plastics producers.
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Ineos to import US ethane for Grangemouth facility

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The Grangemouth chemical plant in Scotland may go from huge losses to instant profitability thanks to the saving plan drawn up by Swiss-based international operator Ineos Group Ltd.
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Shell drops plans for $20 billion gas-to-liquids plant in Louisiana

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Oil giant Royal Dutch Shell is shelving plans for the construction of a gas-to-liquids plant in Louisiana that the company revealed in September.
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Belgium set to expand petrochemical production in 2014

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Belgium is expected to hold on to its position as a leading petrochemical producer in Western Europe as capacity in the polyesters, butadiene and synthetic fibres segments will increase.
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Brazilian petrochemical companies urge for measures to revive sector

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Brazil's petrochemical industry leaders are calling on the government to provide businesses with an incentive package that will promote investment and is asking for a lower natural gas price, so that it can have an access to cheaper domestic feedstock.
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US ethylene production grows in 2013

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The U.S. petrochemical industry is continuing to leverage its competitive advantage, utilizing cheap ethane feedstock it has access to and taking advantage of the growing manufacturing sector.
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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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Petrochemical industry to see rapid growth in Philippines

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Like many industries in the Asia Pacific, the Philippines' petrochemical industry is expected to go through a period of rapid growth, fueled by an expanding economy and increasing demand.
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German Styrolution to expand operations in Mexico

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German-based global styrenic products manufacturer Styrolution GmbH has announced plans to open a production line for alpha methyl styrene acrylonitrile -- specialty styrenic feedstock -- in Mexico.
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