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Petrochemical

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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US petrochemical industry set for growth in 2013

Although not expanding at an astonishing rate, the U.S. chemical and petrochemical industries are experiencing steady growth, a report from Business Monitor International indicates.
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Prospects look good for global ethylene oxide, ethylene glycol markets

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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Honeywell's UOP to revamp Japanese petrochemical facility

UOP LLC, a Honeywell company, has been selected by Taiyo Oil Co. Ltd. to supply technology and catalysts to improve operational flexibility and increase petrochemical production at Taiyo's Shikoku Operations in Ehime, Japan.
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Air quality concerns may delay petrochemical expansion in Texas, experts say

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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