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Petrochemical

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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U.S. companies join forces to produce bioplastic packaging from methane

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U.S. bioplastics manufacturer NatureWorks LLC and energy company Calysta Energy are bent on developing a commercially viable method to convert methane into lactic acid, a key feedstock for producing bioplastic packaging.
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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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Global petrochemical producers rethink strategies to remain competitive

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Most petrochemical businesses have already come to the realization that the U.S. natural gas-based feedstock is giving those who use it a great advantage in terms of costs.
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Investors withdraw from clean energy, turn to drilling

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In recent years some investors and businesses have focused on development of renewable energy resources and tried to move away from fossil-fuel based energy. But solar and wind power and biofuels have failed to live up to initial expectations, while natural gas and oil industries have made huge gains.
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US oil and gas industry execs expect new regulation to lead to consolidation

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The United States is likely to maintain a leading position in global oil and gas production, but new regulation may cause a wave of consolidation amidst concerns about increasing operating costs, just-released research suggests.
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Fluor reports benefits of oil & gas, petrochemical industry expansion

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Fluor Corp. financial results for its first quarter ending March 31 were driven by growth in its oil & gas and industrial & infrastructure segment businesses, the company says. Revenue topped $7 billion, and was up 14% from the previous year.
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More than a dozen injured in Formosa Plastics plant fire

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According to a company spokesman, the fire broke out around 1:00 p.m. in one of the plant's polyethylene production units.
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US recycling of rigid plastics on the rise

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More than 934 million pounds of post-consumer rigid plastics were recycled by the United States and Canada in 2011, which was 13 percent more than in the previous year.
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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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