Posts Tagged ‘project’

Linde receives engineering contract for ethylene plant from SIBUR in Russia

Technology company The Linde Group has received an engineering contract for the licensing and front end engineering design (FEED) of one of the world’s largest ethylene plants in Tobolsk, Western Siberia.

Read the rest of this entry »

Odisha expedites establishment of plastic, polymer & allied cluster

Odisha state government has put a proposed plastic, polymer and allied cluster in Baleswar on a first track basis. To be built with an investment of Rs 82 crore, it is targeted to be commissioned by end of December 2012, on the outskirts of Baleswar town involving three areas such as Ganeswarpur, Somnathpur and Balgopalpur with the initiatives of IDCO.

Read the rest of this entry »

Progress of various Ministry schemes considerably slowed in the 11th Plan upto 2012 in India

The progress of various schemes of the ministry of chemicals and fertilisers for petrochemicals, including its flagship Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs), considerably slowed in the 11th Plan (2007-12). In its report to the government on the sector, the Planning Commission says the pace of investments has been much below expectation as has emerged in its discussion with state governments, the Department of Petrochemicals and the industry, as per Business Standard. The primary reason for the slowdown in PCPIRs is the various private and public sector undertakings, which are acting as anchor tenants that have officially ?put on hold? their proposed investment decisions, according to the ministry.

Read the rest of this entry »

World?s largest plastics recycling plant inaugurated

The world?s largest recycling plant has been inaugurated. ECO Plastics and Coca-Cola Enterprises Ltd (CCE) have announced the official opening of their new joint venture, Continuum Recycling.

Read the rest of this entry »

Dow to build new ethylene production plant at Texas operations to enhance USGC advantage

The Dow Chemical Company will construct a new world-scale ethylene production plant at Dow Texas Operations in Freeport, TX, as part of Dow’s previously announced comprehensive plan to further connect its U.S. operations with cost-advantaged feedstocks available from increasing supplies of U.S.

Read the rest of this entry »

IDB to boost competitiveness of Mexico?s petrochemical sector with US$600 mln loan to Braskem-Idesa

The Inter-American Development Bank (IDB) has approved a US$300 million A Loan complemented by a syndicated B loan of approximately US$300 million to finance Etileno XXI, MexicoÂ’s biggest private petrochemical project, a Braskem-Idesa joint venture. The loan will be granted to Braskem-Idesa S.A.P.I., a joint venture by BrazilÂ’s Braskem SA and MexicoÂ’s Grupo Idesa, to develop, build and operate an integrated petrochemical complex.

Read the rest of this entry »

Chevron Phillips to build world?s largest on-purpose 1-hexene plant at Cedar Bayou Chemical Complex

Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) will build the worldÂ’s largest on-purpose 1-hexene plant capable of producing up to 250,000 metric tpa (551,000,000 lbs) at its Cedar Bayou Chemical Complex in Baytown, Texas. Construction is targeted to commence in the first half of 2012, and the project is anticipated to start up during the first quarter of 2014.

Read the rest of this entry »

New process converts polyethylene into carbon fiber

Carbon fibers having unique surface geometries, from circular to hollow gear-shaped, are produced from polyethylene using a versatile fabrication method. The resulting carbon fiber exhibits properties that are dependent on processing conditions, rendering them highly amenable to myriad applications. As reported in physorg.com, polyethylene could be turned into something far more valuable through a process being developed at the Department of Energy’s Oak Ridge National Laboratory

Read the rest of this entry »

SCG, Thai Plastic and Chemicals, QPI Vietnam, PetroVietnam, Vinachem ink

Siam Cement Group (SCG), Thai Plastic and Chemicals, QPI Vietnam (a subsidiary of Qatar Petroleum International), PetroVietnam and Vinachem have signed a joint venture agreement to invest in Vietnam’s first petrochemicals complex. SCG announced the signing in a statement to the Stock Exchange of Thailand. As per GTForum, a final investment decision is expected in 2013 and commercial operation of the US$4.5 bln project is expected within 4-5 years after the start of construction.

Read the rest of this entry »

New petrochemical process to use Marcellus Gas future plant targeted for the Tri-state region

PittsburghÂ’s own Renewable Manufacturing Gateway (RMG) has signed a Letter of Engagement (LOE) with Aither Chemicals LLC (Aither). RMG and Aither have agreed to collaborate to finance and build a large chemical plant using AitherÂ’s ethane catalytic cracker technology. With an investment of US$750 mln over the next five years, the project is expected to create over 2000 construction jobs, 200 permanent direct production jobs, and many thousand indirect jobs in the Tri-State Region (Western Pennsylvania, Eastern Ohio, and Northern West Virginia)

Read the rest of this entry »