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Petrochemical

Brazilian petrochemical companies urge for measures to revive sector

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

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

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

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

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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US plastics industry rebounds

The U.S. plastics sector has rebounded to pre-recession levels, with the future outlook still positive thanks to robust growth in the resin sector and cheap shale gas feedstocks.
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Sabic plans US petrochemical investment

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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Brazil ramps up plastics resins imports

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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Total plans to increase hydrocarbon resins, polymer production in France

French oil and gas giant Total will invest EUR160 million to convert its Carling petrochemical platform by 2016 and plans to close the naphtha cracker during the second half of 2015.
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China increases paraxylene capacity

One of China's biggest refiners, Sinopec Shanghai Petrochemical, is planning to invest 20 billion yuan ($3.27 billion) in a new paraxylene project with a capacity of 1 million tons.
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