Business model

Shale gas to help Celanese integration business model Celanese Corporation (Celanese) is a global technology and specialty materials company owning and operating a large acetyl complex at Clear Lake, close to Houston, Texas, USA. The positive developments in the U.S. energy complex to become a net gas exporter creates favorable conditions to explore all the […]

Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and upgrading an existing Iraq-owned petrochemicals […]

Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture,  Basra Gas Company (BGC) is state-controlled […]

Jacobs collects awards in Saudi Arabia giant projects In May, Jacobs Engineering Group Inc. (Jacobs) had been awarded the Front End Engineering and Design (FEED) for the $6 billion Ma’aden Phosphate city project. Then in June, Jacobs announced to have won the engineering, procurement and construction management (EPCM) contract for three polyethylene trains for the […]

Koch Fertilizer tagets 15% expansion Wichita, Kansas. – Koch Fertilizer has retained Black & Veatch to help developing numerous projects to increase its North American production. Koch Fertilizer is targeting to boost production by more than 2 million t/y an expansion of 15% from its present capacity of 13 million t/y through production enhancements and new […]

Indian polyester leader Polyplex selects Turkey for expansion  Polyplex Corp. of India,  is the fourth largest producer of polyester film in the world. Polyplex and the Investment Support and Promotion Agency of Turkey (ISPAT) have jointly announced the decision for Polyplex to select Turkey to support its global expansion in to produce polyethylene terephthalate (PET). […]

$20 billion Petronas RAPID project calls for partners The proposed Petronas Refinery & Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor, Malaysia, is so far the largest liquid-based greenfield downstream undertaken in Malaysia. It will have a 300,000 barrels per day refinery to supply the petrochemical complex, to produce a host of refined petroleum products, including gasoline […]

Chevron Phillips to build two new Polyethylene units  In April, Chevron Phillips Chemical Co. (Chevron Phillips) confirmed to build two polyethylene facilities in Sweeny facility in Old Ocean, Texas, which is located in Brazoria County. The two polyethylene facilities planned are part of the company’s U.S. Gulf Coast (USGC) Petrochemicals Project. The Woodlands-based chemical company, Chevron […]