Ticona expands capacity
Ticona, the technical polymers unit of Celanese AG, has expanded its North American compounding capability by adding 20% more capacity at its plant in Shelby, NC, and 30% more capacity at its plant in Florence, Kentucky, USA.
Oman production boost
MB Petroleum and its new partner, CNPC, will invest a total of USD 220 million over the next four years to achieve a projected five-fold increase in oil production at the Sultanate's Mezoon-5 oil concession.
Saudi refinery and power co-generation
Foster Wheeler Ltd has announced that its subsidiary, Foster Wheeler Energy Limited has been awarded a project management services contract for two distillate hydrotreaters and power co-generation plants by Aramco Overseas Company.
Iranian LNG export
UK oil multinational BP is behind plans to build a massive liquefied natural gas terminal linked to offshore developments in southern Iran to ship 8 million tonnes per year of offshore gas to India and the rest of the world.
Monomer plant in China?
South Korea's LG Chem is studying whether to build a vinyl chloride monomer plant in China to complement its proposed ethylene dichloride plant in Australia, a company source has said.