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Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop […]

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Qatar to invest $25 billion in petrochemicals until 2020 In February 2012, Qatar Petroleum (QP) and Qatar Petrochemicals Corporation (Qapco) had signed a Heads of Agreement (HOA) to add a $5.5 billion petrochemical complex in Ras Laffan Industrial City, Qatar. In this project QP and Qapco will share interests according to:  – Qatar Petroleum 80%  – Qapco 20% In Qapco […]

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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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Top brands to develop 100% plant-based PET (BioPET) June 2012, the Coca-Cola Company (Coca-Cola), Ford Motor Company (Ford), H.J. Heinz Company(Heinz), NIKE, Inc. (Nike) and Procter & Gamble (P&G) created the Plant PET Technology Collaborative (PTC). Already December 2009 had marked game changing by Coca-Cola launching its innovative PlantBottle™ package. With the 30 percent mono-ethylene glycol (MEG) portion […]

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Definition Polyethylene (PE) is a thermoplastic polymer consisting of long hydrocarbon chains. A molecule of polyethylene is nothing more than a long chain of carbon atoms, with two hydrogen atoms attached to each carbon atom. Polyethylene is produced from the polymerization of ethylene as monomer. Polyethylene may have different grade of density with different melting point temperatures […]

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