Post Tagged with: "PetroChem"

Oil’s Rush to Create Plastic May Be a Wrong Turn

Oil’s Rush to Create Plastic May Be a Wrong Turn

From Bloomberg

As fuel demand flattens, refiners shift production mix

Global waste backlash is dimming rosy forecasts for growth

As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to …

Aramco Seeks Diversification in Advance of IPO

Aramco Seeks Diversification in Advance of IPO

Aramco aims for world-scale petrochemical advances

50 Cranes and Counting at Shell’s Pennsylvania Polyethylene Mega-Plant

50 Cranes and Counting at Shell’s Pennsylvania Polyethylene Mega-Plant

From the Pittsburgh Business Times

Work continues to ramp up at Shell’s petrochemical plant being built in Beaver County, with about 50 cranes on the site, including some of the world’s largest.

There are so many cranes that they all …

Baker Hughes to Double Investments in UAE

Baker Hughes to Double Investments in UAE

As ADNOC preps $45 billion partnership to create the single largest integrated refining and petrochemicals destination in the world

From Gulf News

Abu Dhabi: Baker Hughes, a GE Company, is aiming to double its investments in the petrochemical industry in …

More PetroChem Plants: PetroLogistics II Formed with $500 Million Initial Commitment

More PetroChem Plants: PetroLogistics II Formed with $500 Million Initial Commitment

Quantum Energy Partners and Stonecourt Capital LP have announced the formation of PetroLogistics II LLC, with founders David Lumpkins and Nathan Ticatch.

PetroLogistics II, headquartered in Houston, Texas, plans to continue the strategy of its predecessor, PetroLogistics Company LLC. The …

Rendering of the future Heartland Complex

Inter Pipeline Building a $3.5 Billion Propane to Plastics Plant with Help From Canadian Govt.

Incentives to draw PetroChem developers was Alberta’s royalty credits

Inter Pipeline Ltd. (ticker: IPL) is getting help from the Canadian Government to build a world-scale integrated propane dehydrogenation (PDH) and polypropylene (PP) plant with a price tag of $3.5 billion.…