Sasol
$4 billion Louisiana Ethylene Cracker: On going Feasibility Study The South African energy and chemicals major Sasol’s board of directors has approved a feasibility study for a possible ethylene cracker and derivatives project at Lake Charles, Louisiana, USA. Sasol’s decision to move to a feasibility study on the USA project comes after the company completed a pre-feasibility study. […]
When the USA, led by companies like ExxonMobil or Chesapeake, decided to boost the development of shale gas, the world perceived it as a local matter to help this country to reduce its reliance on overseas production countries. Then in 2011, the USA have become already self sufficient in gas, much faster than expected. Until then, […]
The Chinese Shenua coal mining company selected the LyondellBasell’s Lupotech T process for its new Coal To Olefins (CTO) project planned in Yulin, Shaanxi Province, China. With this technology Shenua intend to produce 300 000 t/y of Low Density Polyethylene (LDPE) and Ethylene Vinyl Acetate (EVA). Shenua is the biggest coal producer in China and one […]
On February 27th the gas price in North America reached a new low at $2.57 per million btu with all chances to stay below $3 for a while. In dividing the gas price by four since its peak at $13.5 per million btu in July 2008, the massive development of the shale gas is not […]
