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Petrochemical

Petrochemicals are derived from oil, gas or coal, and from renewable sources such as corn or sugar cane. Petrochemicals used as raw materials — or feedstocks — include ethylene, propylene, butadiene, benzene, toluene, xylene and naphthalene. Two petrochemical classes are olefins, including ethylene and propylene, and aromatics including benzene, toluene, and zylene isomers. Oil refineries produce olefins and aromatics by fluid catalytic cracking of petroleum fractions. Chemical plants produce olefins by steam cracking of natural gas liquids like ethane and propane. Aromatics are produced by catalytic reforming of naphtha. Olefins and aromatics are the building-blocks for a wide range of materials such as solvents, detergents and adhesives. Olefins are the basis for polymers and oligomers used in plastics, resins, fibers, elastomers lubricants and gels.

ARTICLES

Emergency shutdown at polypropylene plant in Saudi Arabia

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Saudi Arabian petrochemical producer Sahara Petrochemical Company announced on Sunday an emergency shutdown at its Al Waha Petrochemicals subsidiary, a producer of propylene and polypropylene (PP).
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Tesoro to invest $400 million in new xylene facility

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San Antonio-based refiner Tesoro Corp. is planning to invest $400 million in petrochemical feedstock manufacturing in its U.S. West Coast refining system.
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Chevron Phillips Chemical breaks ground on $6 billion petrochemical project

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Chevron Phillips Chemical Company LP has announced the official start of the second stage of its $6 billion investment in its U.S. Gulf Coast Petrochemicals Project.
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Kuwait plans to expand petrochemical operations

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Kuwait is set to shift its focus onto petrochemical production and develop the industry to an extent that it accounts to 50 percent of the country's income generated from sectors other than oil.
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Iranian petrochemical traders stick to CFR deals to avoid payment troubles

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Iranian traders of petrochemical products are seeking to avert potential payment troubles in Asia by pricing their deals on a cost and freight basis instead of using the freight on board method.
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Mexico's petrochemical sector to benefit from energy reforms

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Mexico has been preparing for a significant shake-up of its energy sector, which may be particularly beneficial for the country's petrochemical sector.
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BASF mulls multi-billion dollar Gulf Coast investment in methane-to-propylene complex

Propylene in short supply due to shift to ethane feedstocks drawn from shale gas, IHS Chemical notes
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Chemical producer BASF is evaluating an investment in a world-scale methane-to-propylene complex on the U.S. Gulf Coast.
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Sinopec drops plans for new petrochemical projects

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China's largest refiner, Sinopec Corp., has shelved plans to invest in new petrochemical projects, citing growing competition from the U.S. petrochemical sector as the main deciding factor.
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Domestic demand to fuel Russia's petrochemical industry growth

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The Russian petrochemical industry is set to benefit from increasing domestic demand over the medium term, with non-oil industrial sectors emerging as the strongest driving force for growth.
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Petronas to build $27 billion refinery complex

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Malaysia's state-owned oil and gas company Petronas has announced plans to invest $27 billion in the construction of a new refining and petrochemical complex in the southern state of Johor.
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