BASF
Brazil Key Project and Business Highlights The year 2012 has seen Brazil congested by the upstream projects causing delays. But more importantly, in 2012, Brazil started to implement its integrated business model in which upstream, midstream and downstream sectors are developed in parallel in order to optimize the hydrocarbon value chain. On the upstream the bottleneck […]
Sabic to expand petrochemical capacities in USA The Ryadh-based Saudi Basic Industries Corporation (Sabic), may join BASF, ChevronPhillips, Dow Chemical (Dow), Enterprise Products Partners (Enterprise), ExxonMobil, Evonik, Occidental Petroleum, Sasol, Shell, to increase its petrochemical foot print in USA to benefit from the low costs feedstock provided by the shale gas. Speaking at the Gulf […]
Engineering Solutions…Delivering Results Established in Chicago, Illinois, USA, in 1889 as a bridges construction company, Chicago Bridge & Iron (CB&I) moved into liquid storage structures with the development of the steam railways at the beginning of the 20th century in USA, South America and Middle East. CB&I made decisive move into the oil and gas […]
BASF runs into upstream while Gazprom goes west On November 12th, 2012, the German chemical company BASF and the Russian Gazprom signed a binding basic agreement to swap assets estimated of the same value. The assets selected to support the swap reflect the strategy of both companies: – BASF to increase its position in the oil […]
To be a world-leading Energy and Chemical Company China Petrochemical Corporation (Sinopec Group) was established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group is a state wholly owned company with Headquartered in Beijing, China and a registered capital of RMB 182 billion ($30 billion). As a state-owned company, Sinopec Group […]
BASF to take parts of Poland Ciech’s TDI business On October 2012, the Ludwigshafen, Germany-based, BASF, acquired parts of Ciech Chemical Group’s (Ciech) Toluene Diisocyanate (TDI) business. This announcement comes in the same time as BASF is currently building the world largest single train TDI plant in Europe. BASF is a global leader in the […]
We create chemistry for a sustainable future. Established in 1865, in Mannheim, Germany, under the name of Badische Anilin- and Soda-Fabrik, BASF’s first factory was finally built on the other bank of the River Rhein in Ludwigshafen in Bavaria, Germany. Since that time BASF became the world leading chemical company listed in Frankfurt, London and Zurich […]
BASF to accelerate upstream business with Wintershall BASF‘s oil and gas subsidiary Wintershall from Germany and Statoil from Norway signed an agreement to swap strategic assets in the North Sea and establish a cooperation framework on the enhanced oil recovery (EOR) technologies. Home-based in Kassel, Germany, Wintershall is a BASF wholly-owned company operating upstream and midstream […]
