Chemical/Petrochemcial News

The latest supply chain trends survey from the Chemical Business Association showed a sharp fall in order books. The September survey also revealed that member companies continued to face serious supply chain issues, notably a significant shortage of UK road haulage capacity due to HGV driver shortages which is delaying or preventing vital materials from reaching customers in the manufacturing…
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German rescue teams are still searching for missing workers following the explosion at a chemical park on July 27. At least two people were killed and 31 others injured in the blast at the Chempark site in the city of Leverkusen. In a statement from Currenta, three people were "seriously" injured in the blast while five people remained missing. "My thoughts go to the injured and their…
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Technology focused chemical and process engineering consultancy BPE has been acquired by the UK’s On Line Group, accelerating its growth and expansion plans. The acquisition will enable both companies to expand their combined offering across a wider variety of key market sectors, as well as achieve an increased geographical coverage within the UK. BPE will continue to operate as a…
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Oil and gas major Royal Dutch Shell has announced that its subsidiary, Equilon Enterprises LLC d/b/a Shell Oil Products US, has formally completed the sale of its Martinez refinery in California, US to PBF Energy subsidiary PBF Holding Company. The sale of the refinery, which included the refinery itself and its inventory, was completed at a cost of $1.2 billion (€1.08 billion). The deal…
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Recent data from the UK’s Office of National Statistics (ONS) has revealed the UK chemicals sector has increased its annual spending on research and development (R&D) by 3.4%. Chemicals businesses recorded growth in R&D investment of £175 million (€204.6 million), pushing the overall total to £5.36 billion (€6.26 billion), according to the latest ONS statistics for 2018. The…
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Royal Vopak has been selected by Gulf Coast Growth Ventures (GCGV), the petrochemical joint venture between ExxonMobil and SABIC, to design, build, own and operate a new industrial terminal in Texas, US. The terminal is expected to serve the 1.8 million tonnes per year ethane cracker planned by the joint venture company, which will be the largest steam cracker in the world when complete. All…
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UK-based corrosion management company CorrosionRADAR has secured an investment worth £1 million (€1.16 million) to develop its technology and expand into the oil, gas and petrochemical sectors. The company, which supplies the long range Corrosion Under Insulation (CUI) monitoring technology, has secured investment from the MEIF Proof of Concept & Early Stage Fund. The fund, which is…
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Abu Dhabi National Oil Company (ADNOC), Adani Group, BASF and Borealis have signed a Memorandum of Understanding (MoU) to carry out a joint feasibility study in the evaluation of establishing a chemical production complex in Mundra, Gujarat, India. This collaboration builds on investment plans announced by BASF and Adani in January 2019; with the inclusion of ADNOC and Borealis as potential…
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Honeywell UOP has been chosen by PetroChina Guangdong Petrochemical Company to supply advanced heavy oil processing technology to its integrated petrochemical facility in China. The new facility, which has a processing capacity of 20 million tonnes per year of crude, will help meet China’s national energy security strategy, as well as enable PetroChina Guangdong to become a more fully…
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With the purchase of US specialist GTC Technology, Sulzer has expanded its petrochemical process capability. Through the acquisition, Sulzer will gain a range of licensed technologies and additional engineering resources, adding to its existing experience in process plant design, construction and commissioning. Adding to Sulzer Chemtech’s capacity to design and deliver a range of…
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