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LyondellBasell concentrates investments in Texas, USA The global chemical and plastics manufacturer LyondellBasell is considering an additional expansion of the ethylene production on its Channelview facility in Texas USA. During the last twenty years, LyondellBasell has grown up pretty fast in Europe and North America mainly through acquisitions. The accumulation of debts to finance the acquisitions […]

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Takamul at FEED stage for Salalah Ammonia Project The Omani Takamul Investment Company (Takamul) is moving forward in the downstream sector with petrochemical projects at Salalah in the south of the Sultanate and at Sohar in the north. Acting as the chemical branch of the Oman Oil Company (OOC or Oman Oil), Takamul benefits also from […]

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Ningbo Fortune selects UOP technology for propylene As an Oriental Energy Corporation Ltd (Oriental Energy) company, Ningbo Fortune Petrochemical Corporation Ltd (Ningbo Fortune) selected the US-based UOP-Honeywell technology for a greenfield project to produce propylene at the port of Ningbo, in the Zhejiang Province, China. Previously named Zhangjiagang Oriental Energy, the company became Oriental Energy in […]

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BP and China create Northwest Innovation Works JV The UK super major BP and China Academy of Sciences created a cascade of joint venture called Clean Energy Technology Company to run the Northwest Innovation Works joint venture, a newly formed company, to build and operate twin major greenfield methanol plants at Port of Kalama in Washington, […]

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Heerema won Alba third compression platform EPCI In April 2013, the Houston-based Marathon Oil Corporation (Marathon) and its partners, Noble Energy (Noble) and the Compania Nacional de Petroleos de Guinea Ecuatorial (GE Petrol) awarded the engineering, procurement, construction and installation (EPCI) contract to Heerema Fabrication Group (HFG) for the Alba PSC B3 gas compression platform. To […]

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RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and […]

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