Government Targets Iranian Petrochemicals “Sanctions: Obama Adminstration seeks to curtail Iran's nuclear ambitions by putting sanctions on Iran's petrochemical countries” The Obama Administration, seeking to further curtail Iran’s nuclear ambitions, has imposed sanctions on the Persian Gulf nation’s petrochemical industry.
by Glenn Hess | June 10, 2013
—Nova advances petrochemical projects in Canada “” Nova Chemicals says its petrochemical projects in Ontario are 65% complete and will start up late next year. The company is spending a total of $2 billion. It is expanding its ethylene cracker in Corunna, Ontario, by 50%. And at a new site in St.
by Alexander H. Tullo | April 17, 2021
—Huge growth in petrochemical production predicted “” The petrochemical industry is set for explosive growth worldwide, driven by demand for plastics in developing nations, a new report by the International Energy Agency says. Already humming along to supply industrial and consumer products, petrochemical manufacturing is expected to outpace transportation fuels as the main user of hydrocarbon-based raw materials by 2050, primarily to meet demand of developing countries.
by Jeff Johnson, special to C&EN | October 14, 2018
—Petronas Takes On BP Petrochemical Assets “” Malaysian oil producer Petronas is paying BP $363 million for the British company’s share of two petrochemical plants in Malaysia. The assets consist of a 400,000-metric-ton-per-year ethylene plant that came on-line in 1995 and in which BP has a 15% stake.
by Jean-François Tremblay | September 06, 2010
—Shell Is Planning Iraqi Petrochemicals “” Shell has signed an agreement with the Iraqi government to build a petrochemical plant in Iraq. Shell declines to give further details about the project. But published reports, quoting Iraqi Industry Minister Nasser al-Esawi, say the complex, to be built near Basra, would cost $11 billion and have annual petrochemical capacity of 1.8 million metric tons. Although it is oil rich, Iraq has a small petrochemical industry because of wars and United Nations sanctions. Shell recently dropped plans to build an ethylene cracker and ethylene glycol complex in Qatar. /articles/93/i5/Shell-Planning-Iraqi-Petrochemicals.html 20150202 Concentrates 93 5 /magazine/93/09305.html Shell Is Planning Iraqi Petrochemicals Iraq, Middle East, petrochemicals con bus Alexander H. Tullo business Shell Is Planning Iraqi Petrochemicals Chemical & Engineering News Shell Is Planning Iraqi Petrochemicals Shell Is Planning Iraqi Petrochemicals
by Alexander H. Tullo | February 02, 2015
—Shell and CNOOC expand China petrochemical venture “” Shell and China National Offshore Oil Corp. (CNOOC) have agreed to expand their petrochemical joint venture in Huizhou, China. The project will include a 1.5 million-metric-ton-per-year ethylene cracker, as well as styrene, propylene oxide, polyols, ethylene glycol, polyethylene, and polypropylene units.
by Alexander H. Tullo | May 21, 2020
—BASF, partners put Indian petrochemical project on hold “” Citing economic uncertainty due to the COVID-19 pandemic, BASF, Adani Group, Abu Dhabi National Oil Company (Adnoc), and Borealis have put on hold a petrochemical complex proposed for Mundra, India. BASF and Adani announced the project, then expected to cost $2.3 billion, in January 2019.
by Alexander H. Tullo | November 14, 2020
—Petrochemical Group Changes Its Name “” The National Petrochemical & Refiners Association is changing its name to the American Fuel & Petrochemical Manufacturers (AFPM). The switch, which takes effect at the end of January, “will better describe who we are, what we do, and how we serve the American people,” says Charles T.
by Glenn Hess | January 30, 2012
—Chevron Phillips Mulls Petrochemical Plant In Iraq “” Chevron Phillips Chemical, the chemical joint venture between Chevron and Phillips 66, has signed a letter of intent with the Iraqi Ministry of Industry & Minerals to conduct a feasibility study for a new integrated petrochemical complex. A Chevron Phillips spokeswoman declined to give further details about the potential project, citing company policy against commenting publicly on negotiations. However, according to a report posted on the ministry’s website, the scope of the project would be the new petrochemical complex as well as the refurbishment of existing petrochemical facilities in Iraq’s Basra province. Despite its oil and gas resources, wars and United Nations sanctions have kept Iraq’s chemical industry tiny compared with those of other countries in the Persian Gulf.
by Alexander H. Tullo | June 11, 2012