Tag: petrochemicals

Global oil giant BP PLC will invest USD 500 million in China this year and expects that pace to continue for the next few years as a number of big projects come on line.

TotalFinaElf SA has said that its Atofina division had agreed with Chevron Phillips Chemical and two Qatari firms to build what could become the world's largest ethane cracker in Qatar.

Saudi Egyptian Petrochemical Company (Cairo, Egypt) is constructing a USD 550 million polyester complex in El-Ameriya, Alexandria, Egypt.

Foster Wheeler Ltd.’s UK subsidiary, Foster Wheeler Energy Ltd (FWEL), has been awarded an engineering and procurement (E&P) contract by Preem Raffinaderi AB for a USD 34 million isomerisation revamp project at their refinery in Gothenburg, Sweden.

Jacobs Engineering Group Inc. has won a contract from Marathon Ashland Petroleum LLC (MAP).

Contech Control Services has been awarded a turn-key contract for engineering, procurement, construction, and on-line commissioning services for the upgrade of distributed control systems at ExxonMobil Chemical's BAPP plastics plant located in Baytown, Texas.

Tecnimont, the Engineering and Construction Company of Montedison Group, has signed in Moscow, with AK Sibur, a Russian Company controlled by Gazprom, a contract covering the grant of licence and the supply of engineering, materials and equipment as well as technical assistance for the implementation at Kstovo (Nizhniy Novgorod) of a 120,000 tpy High Density Polyethylene Plant.

China Petroleum and Chemical Corp (Sinopec) and BP Chemicals plan to build a petrochemicals complex that is expected to be the largest of its kind in Asia when it comes on-stream in 2005.

China Petroleum and Chemical Corp (Sinopec) have signed a contract with a British firm yesterday to build a petrochemicals complex that is expected to be the largest of its kind in Asia when it comes on stream in 2005.

Pemex is to invest Pesos 1.473bil in total this and next year.