Company News

Polyplastics Co. Ltd, Mitsubishi Gas Chemical Company Inc. (MGC), Korea Engineering Plastics Co. Ltd (KEP) and Ticona, a business of Celanese AG, Frankfurt, have agreed on the construction of a world-scale 60,000 metric ton polyacetal (POM) facility in China.

Dortmund-based Uhde GmbH has been awarded a contract by Sinopec International in Beijing to engineer China’s biggest vinyl chloride (VCM) plant with a capacity of 400,000 tonnes per year.

Dow Chemical Co. is planning to build an ethylene plant in Seadrift, Texas.

Sunoco Inc. will build and operate a sulphur plant at the company's Marcus Hook Refinery.

Abbot Group (Aberdeen, Scotland) has announced a contract win in Iran worth more than GBP 16 million.

China National Offshore Oil Corporation (CNOOC) has signed a supplemental development agreement regarding the CFD 11-1/11-2 oilfields in 04/36 Block in Bohai Bay, with Kerr-McGee China Petroleum Limited, a subsidiary of Kerr-McGee Corp., and Sino-American Energy Corp., a wholly owned subsidiary of Ultra Petroleum Corp.

BASF Pharmachemikalien GmbH, Minden, Germany, a BASF Group company, plans to increase its annual capacity for Pseudoephedrine from 750 metric tons to 1000 metric tons.

Valero Energy Corporation (San Antonio, Texas, USA) has awarded Howe-Baker Engineers Ltd (a subsidiary of Chicago Bridge & Iron Company NV) a contract to design and build a 25,000 barrel per day CCR (Continuous Catalytic Regeneration) Platformer(TM) and associated facilities at Valero's 195,000 BPD refinery in Paulsboro, NJ, USA.

Chinese state-owned China National Offshore Oil Corp and the Fujian government have inked an agreement on the principles of co-operation of integrated development of LNG imports and gas market in this south China province.

Vietnam’s plastic association plans to build a USD 250 million plastics plant powered by natural gas to reduce the country’s reliance on imports, an official has said.