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Latest News: Business

UOP hydrogen-purification technology selected for a refinery in China

UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that PetroChina Guangxi Petrochemical Co. (GXPC) is using UOP process technology to purify hydrogen at a new petroleum-refining complex in Qinzhou, Guangxi Province, China. With support from UOP’s local…

BioNitrogen and Saipem sign EPC agreement

BioNitrogen Holdings Corp. (West Palm Beach, Fla.; www.bionitrogen.com), a cleantech company that utilizes patented technology to build environmentally-friendly plants that convert biomass into urea fertilizer, has announced that it has signed an agreement with Saipem (Milan, Italy; www.saipem.com), a leader in…

Chevron Phillips to build polyethylene pilot plant in Oklahoma

Chevron Phillips Chemical Co. LP (The Woodlands, Tex.; www.cpchem.com) is pleased to announce plans to build a state-of-the-art polyethylene pilot plant at its research and technology facility in Bartlesville, Okla. The new pilot plant will incorporate Chevron Phillips Chemical’s proprietary…

LyondellBasell names new CEO

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) has announced that the Supervisory Board has appointed Bhavesh V. "Bob" Patel chief executive officer (CEO), effective January 12, 2015. Patel succeeds James L. Gallogly, who previously announced his plan to retire. "After a rigorous…

Mexichem and Oxy begin construction on Texas ethylene cracker

Ingleside Ethylene, LLC, the 50/50 joint venture between Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com) and Occidental Chemical Corporation (OxyChem), has announced that construction of its ethylene cracker at OxyChem’s Ingleside, Tex., complex is underway and the project remains on…

Eastman to increase ester alcohol capacity at Longview site

Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) has announced a planned increase in its Eastman Texanol ester alcohol manufacturing capacity in Longview, Tex. The plant expansion is expected to be complete in the second half of 2016 and will increase capacity…

MHIEC receives order for a waste-to-energy plant

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a group company of Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), has received an order from the Yamagata Area Environmental Office Association, a body encompassing two cities and two…

DSM to divest Synres business to Standard Investment

Royal DSM (Heerlen, the Netherlands; www.dsm.com) has announced it has reached agreement with Standard Investment for the sale of DSM Synres. Subject to customary approvals and notifications, the transaction is expected to close in the first quarter of 2015. Financial…

Fluor begins work on ExxonMobil Antwerp Refinery delayed coker project

Fluor Corp. (Irving, Tex.; www.fluor.com) has started construction activities on a new delayed coker unit for ExxonMobil Petroleum & Chemical BVBA (ExxonMobil) at its Antwerp, Belgian petroleum refinery. Construction on the project, which will expand the refinery’s production capabilities, formally…

Large propylene production unit starts up in Russia

UOP LLC (Des Plaines, Ill; www.uop.com), a Honeywell company, says that UOP C3 Oleflex process technology started up and has been successfully operating in Russia, producing high-quality propylene to help meet the global supply shortage of the valuable plastics building…