capital expenditure
Actually Lanxess is completing the construction of a new $400 million Butyl Rubber facility in Singapore to come onstream in 2013. Then it announces the decision to add $200 million more capital expenditure in a new Neodynium Polybutadiene rubber (Nd-PBR) plant in Jurong Island, Singapore. With a capacity of 140 00t/y, Lanxess is targeting the […]
On October 1st, 2011 , Basf and Ineos created officially a 50/50 joined venture called Styrolution to merge and promote all their Styrene activities. As a result Styrolution is the only one of the key players dedicated entirely to styrenics, and a strong leader in the market. It holds global number one positions in styrene monomer […]
Haldia Petrochemicals Ltd (HPL) is a competitive modern naphtha based Petrochemical Complex located 125 kms from Kolkata, at Haldia, West Bengal, India. HPL is the second largest petrochemical industry in India with a total capacity equivalent to 7, 00,000 TPA of ethylene. Now HPL is planning a $1 billion (Rs 4,000 crore) capital expenditure project over […]
The Al-Jubail Petrochemical Company (Kemya) is a joint venture between Sabic and ExxonMobil In November 2008, Sabic and ExxonMobil Chemical signed an agreement to undertake a feasibility study for establishing a new elastomers plant at Kemya. In May 2011, Sabic and ExxonMobil awarded FEED contracts for the process units of the project to Jacobs Engineering and Mitsui Engineering & Shipbuilding. Fluor […]
Sabic and China Petrochemical and Chemical Corp. (Sinopec) have signed together a protocol of co-operation to open negotiations with Trinidad and Tobago to build Methanol-To-Olefins plant. The capacity is not yet defined, but the capital expenditure is estimated around $5.3 billion. For more information and data about oil and gas and petrochemical projects go to […]
Honan Petrochemical Corp. has signed a MOU with Krakatau Steel for a land in Cilegon, Indonesia to build a new naphtha cracker and downstream units. The feasibility study of the project has started and would include: 1 million t/y Ethylene 550,000 t/y Propylene 600,000 t/y Polyethylene (PE) 600,000 t/y Polypropylene (PP) 700,000 t/y Monoethylene Glycol […]
Bangkok: Thaioil Plc has confirmed to launch the design of a 100,000 t/y Linear Alkyl Benzene (LAB) facility in Si Racha, Chonburi District, Thailand The estimated capital expenditure is around $300 million for a completion planned in 2016. For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer
Samsung Total Petrochemicals, the Joined Venture between Samsung General Chemicals and Total Petrochemicals, has selected the LyondellBasell Lupotech T process technology for their co-polymer project in Daesan, South Korea. Key features of Lupotech T technology include low manufacturing and investment costs, fast start-up and grade changes, high on-stream factor and capacities of up to 450 KT per […]
