Keyword: Petrochemicals

News

KBR Wins Contract from SABIC Fujian Petrochemicals

24.04.2024 -

US-based multinational contractor KBR has been awarded a contract by SABIC Fujian Petrochemicals to license its phenol technology in China.

News

Borealis Invests €4.5 Million in Porvoo Steam Cracker

09.04.2024 -

Borealis plans to invest €4.5 million in the cracker furnaces of its olefins unit in Porvoo, Finland. This project, Borealis said, is to ensure that the Porvoo steam...

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Ineos Completes Acquisition of TotalEnergies’ Petrochemical Assets at Lavera

02.04.2024 -

Ineos has completed the acquisition of Naphtachimie, Gexaro and Appryl, which were 50:50 Joint Ventures between Ineos and TotalEnergies at Lavera in Southern France.

News

Murray Auchincloss Appointed as Permanent CEO of BP

19.01.2024 -

BP has appointed Murray Auchincloss as its permanent CEO, effective immediately. He has been interim CEO since September 2023 after the sudden resignation of his...

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LyondellBasell to Acquire 35% of Saudi Arabia-based Natpet

18.01.2024 -

LyondellBasell (LYB) has agreed to acquire a 35% stake in Saudi Arabia-based National Petrochemical Industrial Company (Natpet) from Alujain for approximately $500...

News

Shell to Sell Nigeria Onshore Subsidiary for $1.3 Billion

17.01.2024 -

Following its long-term goal of extracting itself from a challenging operating environment in the Niger Delta, Shell agreed to sell its Nigerian onshore subsidiary Shell...

News

Ineos Acquires the Eastman Texas City Site

29.09.2023 -

Petrochemicals giant Ineos has agreed to buy compatriot Eastman’s Texas City site, including the 600 kt acetic acid plant and all associated third party activities on the...

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DuPont to Pay $19 Million for 2014 Plant Explosion

26.04.2023 -

Du Pont has been found guilty of criminal negligence and fined $12 million in connection with a November 2014 explosion that killed four employees of its methyl mercaptan...