South Korea
Luberef stands for the Saudi Aramco Lubricating Oil Refining Company created by Saudi Aramco and ExxonMobil. But since 2007, Luberef is a 70/30 joined venture between Saudi Aramco and Jadwa Investment to operate lube oil refineries in Yanbu and Jeddah. With Jeddah and Yanbu refineries, the total Luberef actual capacity runs around 550,000 t/y lubricants, […]
Chevron is planning to spend $3 billion in Indonesia this year where Gengalo and Gehem should take a major part. While Technip is performing the FEED for these two large FPUs, Chevron is completing the qualification process of the potential contractors to receive an invitation to bid (ITB) this quarter. For this FEED , Technip has involved its Jakarta […]
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 […]
Samsung Total Petrochemicals, the Joined Venture between Samsung General Chemicals and Total Petrochemicals, has selected the LyondellBasell Lupotech T process technology for their co-polymer project in Daesan, South Korea. Key features of Lupotech T technology include low manufacturing and investment costs, fast start-up and grade changes, high on-stream factor and capacities of up to 450 KT per […]
