News Agency Archive - 29 November 2014

[2014]  ::  [2015]  ::  [2016]  ::  [2017]  ::  [2018]  ::  [2019]  ::  [2020]  ::  [2021]  ::  [2022]  ::  [2023]  :: 
[2024]  ::  [2025]

China Kingho Energy builds coal gas-fed LNG plant in Qinghai

China Kingho Energy Group is building a 100,000 tonne/year liquefaction plant fed by coal gas in Qinghai province that is expected to come on line in 2015, a source close to the company said on Friday.
Nov 29, 2014 15:52

Exploring opportunities a must for chems industry survival

PERTH (ICIS)--NO region can afford to let its chemicals industry roll over and die, as chemicals are such a vital building block for so much downstream economic value.
Nov 29, 2014 15:51

Mexican regulator approves PPG's $2.3bn acquisition of Comex

Mexico's Federal Economic Competition Commission approved PPG Industries's proposed $2.3bn acquisition of Consorcio Comex, the US-based paint producer said on Friday.
Nov 29, 2014 15:49

Sasol greenlights $8.1bn US cracker project

The company gives the go-ahead for its $8.1bn ethane cracker and derivatives project in Louisiana
Nov 29, 2014 15:47

US shale oil lifting supply, oil price of $98/bbl in 2015: Analyst

The world will likely see an average oil price of $98/bbl of Brent and $94/bbl of West Texas Intermediate (WTI) in 2015, with the supply side characterised by a substantial increase in US shale oil, analysts said on Tuesday.
Nov 29, 2014 15:47

Latin America may see new methanol plants in 3-5 years

Producers may consider building methanol plants in Latin America in the next three to five years since the region has abundant reserves of natural gas but still imports the product, an Air Liquide executive said on Friday.
Nov 29, 2014 15:42

Bolivia, Peru in race to build PE plant for Pacific market

Bolivia and Peru are both studying plans to build new polyethylene (PE) plants, and whichever country is first will likely achieve a dominant position in the Pacific-coast market, a consultant said on Friday.
Nov 29, 2014 15:41

Latin America to remain net importer of PP – WR Grace

Polypropylene (PP) consumption is growing in South and Central America, and the region will continue to be a net importer, an executive from WR Grace said on Friday.
Nov 29, 2014 15:41

Latin America projects progress slowly - consultant

Petrochemical projects in Latin America are progressing slowly in the planning stages, with the exception of the Ethylene XXI project in Mexico, a consultant said on Friday.
Nov 29, 2014 15:40

US S America PE exports to displace S Korea, Middle East

The wave of US petrochemical and polyethylene (PE) capacity set to come on line in 2017 and beyond will displace opportunistic exports to Latin America coming from South Korea and the Middle East, a consultant said on Friday.
Nov 29, 2014 15:39

US methanol projects gaining interest – Air Liquide

Methanol projects in the US are gaining more interest, especially among China-based players seeking to ship the product to China, an engineering & construction (E&C) executive said on Friday.
Nov 29, 2014 15:38

Mexico to have 1m tonne PE deficit despite Ethylene XXI

Mexico will have a polyethylene (PE) deficit of nearly 1m tonnes in 2020 despite the new Ethylene XXI reaching full capacity, an executive said on Friday.
Nov 29, 2014 15:38

Pemex to spend $400m to improve NGL infrastructure

Mexico state energy producer Pemex will invest $400m to improve fractionation and other infrastructure for natural gas liquids (NGLs), an executive said on Friday.
Nov 29, 2014 15:36

Dow, YPF have more than 20 Argentina shale gas wells

Dow Chemical and YPF have more than 20 wells in Argentina producing shale gas under an agreement the two companies signed in 2013, the sales director for Dow Packaging and Specialty Plastics said on Friday.
Nov 29, 2014 15:35

Mexico’s Ethylene XXI project targeted for Q4 2015 start-up

Mexico’s Ethylene XXI project being built by Braskem Idesa is set to start operations in the fourth quarter of 2015, an executive said on Friday.
Nov 29, 2014 15:34

Iran Mulls Petchem Diversity

A deputy head of National Petrochemical Company (NPC) has said that Iran is considering diversifying its petrochemical production by operating new projects.
Nov 29, 2014 15:19

Iran Firm Exports 90,000 Tons/Month Sulfur

TEHRAN Nov 23 (Shana)--Iran Gas Commercial Company exports 90,000 tons a month of sulfur produced from South Pars gas field and Shahid Hasheminejad gas refinery, a company official said.
Nov 29, 2014 15:10

Iran to Free Up Hybrid Car Imports

TEHRAN Nov 22 (Shana)--The Iranian government plans to free up imports of hybrid cars in an attempt to reduce air pollution emanating from gasoline burning, minister of industry, trade and mine said.
Nov 29, 2014 15:09

Bandar Imam Condensate Exports at $270m

TEHRAN Nov 22 (Shana)--Bandar Imam Petrochemical Plant has earned $270 million from exporting gas condensates during the first half of the current calendar year which started in March, the plant’s commercial director said.
Nov 29, 2014 15:08