Petro Chemical

LTHE wins EPC contract from HPCL-Mittal Energy

Petro ChemicalJuly 17, 2018

LTHE wins EPC contract from HPCL-Mittal Energy

L&T Hydrocarbon Engineering (LTHE) has won a significant onshore EPC contract from HPCL-Mittal Energy for setting up 07 (Seven) Cracker Furnaces of 1200 KTPA Dual Feed Cracker Unit (DFCU) at their Bathinda Refinery in Punjab.

Indorama completes acquisition of M&G Polimeros

Petro ChemicalMay 25, 2018

Indorama completes acquisition of M&G Polimeros

The plant is the largest PET facility in Brazil, with capacity of 550,000 tonnes/ annum.

Saudi Aramco, Indian consortium to build $44bn refinery project

Petro ChemicalApril 12, 2018

Saudi Aramco, Indian consortium to build $44bn refinery project

With an estimated project cost at US $44 billion, the refinery will be capable of processing 1.2 million barrels of crude oil per day

Aramco’s subsidiary Motiva signs MoU with US companies to the tune of US$ 8 to 10 billion

Petro ChemicalApril 09, 2018

Aramco’s subsidiary Motiva signs MoU with US companies to the tune of US$ 8 to 10 billion

The MOUs are a first step in Aramco’s downstream oil and gas subsidiary Motiva Enterprises’s expansion into petrochemicals

Kuwait Petroleum awards pre-feasibility contract to Jacobs Engineering

Petro ChemicalMarch 22, 2018

Kuwait Petroleum awards pre-feasibility contract to Jacobs Engineering

The studies will cover evaluation and optimization of alternative process configurations

Indorama Ventures to acquire M&G PET plant in Brazil

Petro ChemicalMarch 21, 2018

Indorama Ventures to acquire M&G PET plant in Brazil

Acquisition to significantly advance Indorama’s strategy in its necessities business

Brenntag acquires India’s Raj Petro Specialities

Petro ChemicalDecember 18, 2017

Brenntag acquires India’s Raj Petro Specialities

Brenntag and Raj Petro have entered into a 65:35 JV with the remaining 35% in Raj Petro to be acquired after 5 years during which the company will be run as a JV, with a possible extension of another one to two years

Pertamina-Rosneft set up JV to develop refinery and petrochemical complex

Petro ChemicalNovember 28, 2017

Pertamina-Rosneft set up JV to develop refinery and petrochemical complex

The new complex, with a planned refining capacity of 15 mmpta, will come up in Tuban in East Java, Indonesia, at an investment of US$ 15 billion

India targets 10% import reduction in Biofuels by 2022

Petro ChemicalNovember 27, 2017

India targets 10% import reduction in Biofuels by 2022

Ministry of Petroleum and Natural Gas organises consultative workshop on new National Policy on Biofuels and Pradhan Mantri Ji- Van Yojana

Reliance closes US Shale deal for $126mn

Petro ChemicalNovember 24, 2017

Reliance closes US Shale deal for $126mn

A contingent amount of up to $11.25 million may be paid to Reliance between years 2018 to 2020 based on certain gas price thresholds being achieved