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Sasol to surf Downstream on the US Shale gas wave

$4 billion Louisiana Ethylene Cracker: On going Feasibility Study The South African energy and chemicals major Sasol’s board of directors has approved a feasibility study for a possible ethylene cracker and derivatives project at Lake Charles, Louisiana, USA. Sasol’s decision to move to a feasibility study on the USA project comes after the company completed a pre-feasibility study. …

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Polimeri Europa becomes Versalis to set new Business Model

ENI goes global in Petrochemical In the same time as ConocoPhillips revives the Phillips 66 brand to reposition its Downstream activities, ENI has decided to rename Polimeri Europa into Versalis.    The new name represents a tangible sign of ENI‘s 2011 decision to relaunch its petrochemical business. Born in 1994 from the joint venture between Enichem and …

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Cracker

Definition: A “cracker” breaks down large molecules from oil and natural gas into smaller ones. An ethylene “cracker” produces base petrochemical “building blocks” which are the first stage in the chemicals manufacturing chain. Comments: Natural gas companies have to remove Natural Gas Liquids (NGLs) from methane to make it “pipeline quality.” NGLs are made up of ethane, …

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