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Oil & Gas and Petrochemical

Definition: “PTA” is the acronym of Purified Terephthalic Acid. Comment: Modern technologies produce PTA by the catalytic liquid-phase oxidation of Para-Xylene (PX) in acetic acid, which is done in the presence of air and uses manganese or cobalt acetate as a catalyst. PTA is purified in a crystallizer, where unreacted xylene and water are flashed off. […]

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Sinopec and Sabic have decided to extend their co-operation with this major Polycarbonate complex to be built in the Tianjin Binhai New Area, China In October 2009, Sinopec and Sabic had created a 50/50 shared joined venture, called Sinopec SABIC Tianjin Petrochemical Company (SSTPC), for a 1 million t/y Ethylene cracker which went into production in January 2010. […]

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Qurain Petrochemical Industries Company (QPIC) was established by the Petrochemical Industries Company (PIC) to implement the Kuwait Petroleum Company’s (KPC) strategy to encourage more the private sector in major petrochemical projects in Kuwait. and in the region. QPIC is focusing on chemical and petrochemical products and related by-products. In Saudi Arabia, QPIC would lead the development of the integrated polyethylene […]

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Definition:“PET” is the acronym of Poly-Ethylene Terephthalate, oftently written Polyethylene Terephthalate. It is a thermoplastic polymer resin from the Polyester family. Comments: The term polyethylene terephthalate is a source of confusion because this substance, PET, does not contain polyethylene PET is a high performance, recyclable, polymer, ranking third in terms of volume of global consumption and widely used in textile and […]

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When the Saudi Authorities allocated to the Saudi Binladin Group (SBG) and Malaysia’s MMC Corporation the mission to design and develop the $27 billion Jizan Economic City (JEC), Saudi Arabia This refinery was supposed to be the first building block to create wealth and employment in the South region of the Kingdom. In addition the Saudi Authorities expectation […]

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A year ago, Oman Oil Company (OOC) and the International Petroleum Investment Company (IPIC) – an Abdu Dhabi Government owned company – signed in Abu Dhabi a cooperation agreement on investments in oil, gas and petrochemicals. This agreement is now taking shape with the decision to move ahead with this $6 billion refinery to be […]

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Definition: “MDI” stands for Methylene Diphenyl diisocyanate. as a derivative from the Isocyanates familly, the MDI belongs to the Aromatics branch of the building blocks of the petrochemical industry.  Comments: Methylene diphenyl diisocyanate (MDI) and 2,4 toluene diisocyanate (TDI) are used in the production of polyurethanes  – an essential component in many products ranging from […]

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The Linde Group (Linde) and Sadara Chemical Company (Sadara), the joined venture between Saudi Aramco and Dow Chemical, signed a long-term contract for the gas supply of Sadara Complex in construction in Al Jubail, Saudi Arabia. Linde will spend $380 million in capital expenditure. Sadara will be the world’s largest chemical complex ever built in a single phase. […]

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