Oil & Gas and Petrochemical
According to Vagit Alekperov, Lukoil Chief Executive, in an interview to the Financial Times, Russia will end the exclusive rights given to Gazprom and Rosneft to explore the Arctic Oil & Gas fields. So far these exclusive agreement has not given the expected results so that the oil production should start to decline in 2016 […]
Definition: More than the size of the company and its market share, the Market leadership is related to the capability to: Drive the decisions along the supply chain. Lead the good practices in a given market. Comments: Key Drivers to Market Leadership Anticipate on deep market needs and Focus on key targets Manage the key […]
Gazpromdobychashelf, the wholly owned Gazprom subsidiary and operator of Shtockman projects, has annouced to expect the completion of the FEED for the offshore pipeline at the end of the year. In parallel, WorleyParsons is making good progress on the FEED of the FPSO, the solution selected for the second and third phases of Shtockman. With a […]
Definition: “EDC” is the acronym for Ethylene DiChloride, the common name given to the 1,2 Dichloroethane. As derivated from Ethylene it belongs to the first Olefin family. EDC is mostly produced by catalyzed reaction of the Ethylene and Chloride. Comments: EDC is a colorless liquid with a mild odor. It is toxic and extremely flammable. EDC is a good organic solvent but […]
Saltic FZCO (formerly known as Oswal Oman Caustic FZCO), is now planning to move ahead with its “Caustic Soda” and “Ethylene DiChloride (EDC)” project in the Salalah free zone of Oman. Technology for the “Caustic Soda” plant will be provided by Chlorine Engineers Corporation of Japan, while Ineos of Europe will provide the know-how for the “EDC” facility. The project is […]
Actually Lanxess is completing the construction of a new $400 million Butyl Rubber facility in Singapore to come onstream in 2013. Then it announces the decision to add $200 million more capital expenditure in a new Neodynium Polybutadiene rubber (Nd-PBR) plant in Jurong Island, Singapore. With a capacity of 140 00t/y, Lanxess is targeting the […]
Definition: The “Polystyrene” belongs to the Aromatics family (BTX) by the Benzene. Polystyrene is a polymer of the Styrene as monomer where the Styrene itself is produced by dehydrogenation from the Ethylbenzene, a combination of Benzene and Ethylene. Comments: Polystyrene is a plastic made by polymerising styrenes. It is made in two types: a “crystal” polystyrene (extremely transparent) and […]
On October 1st, 2011 , Basf and Ineos created officially a 50/50 joined venture called Styrolution to merge and promote all their Styrene activities. As a result Styrolution is the only one of the key players dedicated entirely to styrenics, and a strong leader in the market. It holds global number one positions in styrene monomer […]
