Tag: petrochemicals

Chemicals, petrochemicals and the limits of globalism

Chemicals, petrochemicals and the limits of globalism

Oil and gas price rises have raised costs for the petrochemical and chemical industries, thanks to background inflation aggravated by the war in Ukraine.
Sulzer acquires GTC Technology US

Sulzer acquires GTC Technology US, LLC

Sulzer acquires GTC Technology US, LLC, a technology company offering proprietary processes and systems for the production of aromatics and other petrochemicals.
Honeywell selected for petrochemicals project in China

Honeywell selected for petrochemicals project in China

Honeywell (HON) announced that Zhejiang Petrochemical Co. Ltd. (ZPC) will use a range of process technology from Honeywell UOP, the leading licensor of refining and petrochemical process technology, for the second phase of an integrated refining and petrochemical complex in Zhoushan, Zhejiang Province.

Bashneft to invest USD 1.2 billion

Bashneft has announced plans to invest 35 billion rubles over five years in oil refining and petrochemicals. Bashneft plans to invest about 19 billion rubles in raising product yield from crude and production of light oil products; 9.

Saudi refinery

Saudi Aramco and Japan’s Sumitomo Chemical Co. officially signed an agreement to set up an equally-owned joint venture for an integrated refinery and petrochemicals project in Rabigh, Saudi Arabia, but they now see total investment costs doubling to USD 8.5 billion, Sumitomo has said.

UAE: refinery upgrade

Foster Wheeler Ltd has been awarded a contract to upgrade a condensate refinery in Dubai, UAE.

Saudi Arabia: petrochemical award

Technip has won a contract for an additional cracking furnace in an ethylene plant located in Al-Jubail, Saudi Arabia.

Order for award-winning machining centre

DMG has just received the first UK order for its award-winning DMC60S-FD CNC machining centre to manufacture manifold valves in exotic metals for the petrochemical industry.

Japan: petrochem boost

Japan Energy Corp. is expanding its petrochemical products division in response to rising profit margins from higher prices and growing demand in China.

High speed SAW clads tube sheets with SS

Specialised weld overlay cladding from Arc Energy Resources has been specified by Wellman Graham to provide corrosion protection on heat exchanger tube sheets destined for a new methanol plant in Trinidad.