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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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Russian EuroChem to profit from US shale gas supply The Moscow-based company EuroChem signed an agreement with the State of Louisiana to invest $1.5 billion capital expenditure to build a greenfield fertilizer plant along the Mississippi River in USA. Established only in 2001, EuroChem has grown up very fast over its 12 years of life in […]

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SABIC and Vopak to build $400 million storage facility Saudi Basic Industries Corporation (SABIC) and Royal Vopak (Vopak) signed Heads of Agreement (HoA) to form a joint venture to build new storage facilities in the Al Jubail Terminal on the east coast of Saudi Arabia. The joint venture between SABIC and Vopak should be established under […]

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