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Vostochnaya Neftechemicheskaya moves on Nakhodka petrochemical complex project ZAO Vostochnaya Neftechemicheskaya (VNHK) is fully owned  OJSC NK ROSNEFT (Rosneft) company created in 2011 to develop a petrochemical complex in Primorsky region, near Pervostroiteley settlement of Nakhodkinsky urban district. Nakhodka is located in the Vladivostok region, in the East of the Russian Federation.  Rosneft’s VNHK is planning […]

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Saudi Aramco and Total to go for Aromatics in phase 2 While the joint venture Saudi Aramco Total Refining and Petrochemical Company (Satorp) is completing the construction of the refinery as the first phase of the project to come on stream in 2013, Total and Saudi Aramco are already working on the second phase about petrochemicals in […]

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Dow and Saudi Aramco $20 billion Sadara takes shape Sadara Chemical Company (Sadara) is a joint venture between The Dow Chemical Company (Dow) and Saudi Arabian Oil Company (Saudi Aramco). Once complete, Sadara petrochemical complex will be one of the world’s largest integrated chemical complex and the largest ever built in a single phase. The facility […]

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Saudi Kayan, Sabic, Saudi Aramco, Dow, Sahara and Tasnee aligned to tender EPC Contract In January 2011, Saudi Kayan Petrochemical had signed a deal for equal partnership to build  a new n-butanol (NBA) plant at Al Jubail Industrial City. The deal was signed between Saudi Kayan, Saudi Acrylic Acid Co (SAAC) and Sadara, the Saudi Aramco-Dow […]

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Dow and Davy license LP Oxo℠ Technology to Shaanxi Yanchang n-Butanol project Shaanxi Yanchang Petroleum Yan’an Energy and Chemical Co., Ltd.( Yan’an Energy) belongs to Shaanxi Yanchang Petroleum (Group) Co., Ltd. (Yanchang Petroleum), the fourth largest NOC in China. Yan’an Energy is planning to invest in a single integrated LP Oxo℠ plant, as part of Yanchang Petroluem Yan’an […]

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From Shale gas to Polyolefins ExxonMobil implements its integrated business model The Houston based Exxon Mobil Corp. is considering a multi-billion-dollar expansion of its giant petrochemical complex in Baytown, Texas, USA. ExxonMobil, like Chevron, Dow Chemicals or Shell,  is looking to take advantage of a surplus of natural gas that’s pushed Henry hub prices near 10-year lows […]

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Two leaders build energy Market Leadership with coal gasification Shenua Group (Shenua), from China, and GE, from USA, create the new GE Shenhua Gasification Technology Company Ltd., a 50-50 joint venture (JV) with Headquarter located in Shanghai, China. The firm will sell industrial gasification technology licenses in China, conduct research to improve cost and performance. The company has registered capital of $6 million. Patents and proceeds obtained by the joint venture will be shared evenly. The cooperation is also part of Sino-US joint efforts to develop clean energy, and gasification is a crucial component of that goal. China and USA hold respectively the first and second biggest […]

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