BP to sell its petrochemicals business to INEOS for $5 billion
The sale will also include related interests such as the chemical recycling technology bp Infinia and bp’s interest in acetylated wood developer Tricoya.
The sale will also include related interests such as the chemical recycling technology bp Infinia and bp’s interest in acetylated wood developer Tricoya.
The project could not take-off due to various issues between the promoters.
The Technical centre is equipped with 50 latest sophisticated polymer testing and processing equipment to cater to the needs of customers and new investors.
Close cooperation with a cold storage owner to develop PU insulation panels
The company anticipates that all pre-turnaround construction will be completed later this year, and the final tie-ins are to be installed during a regularly scheduled maintenance outage in early 2021 with additional ADN coming online at that time.
The partnership with Aramco would give Jamnagar refineries "access to a wide portfolio of value-accretive crude grades and enhanced feedstock security for a higher oil-to-chemicals conversion.
New facility has a designed production capacity of over 450,000 metric tons per year (m.t./yr).
Axens will supply catalysts for the MAPD (methylacetylene and propadiene) and phenylacetylene hydrogenation units as well as the catalysts for the Pygas first and second stage units.
The acquisition will contribute significantly to Chroma Color’s leadership in the colorants and additives industry
Sales rose 5.05% to Rs 20211.25 crore as against Rs 19240.13 crore in 2019.
Sales down by 20% across April and May with similar demand trend seen for June as well.
The JM designed methanol production plant takes syngas as a feed and combines advanced JM catalysts to produce stabilized methanol as a product, which is used to produce olefins in a downstream unit.
The name change represents Hitachi Chemical's determination of opening its new chapter as a consolidated subsidiary of SDK.
Polypropylene capacity in Asia is expected to increase from 47.25 million tpy in 2019 to 78.04 million tpy in 2024, at an average annual growth rate (AAGR) of 10%.
Use of the technology has the potential to be part of bp’s aim to install methane measurement at all major oil and gas processing sites by 2023, publish the data and then drive a 50% reduction in methane intensity of its operations.
The process technology will be used for a 450 KTA polypropylene plant to be built in Panipat, Haryana State, India.
Operators need to have forward-looking transparency into vendor financial health to mitigate supplier distress
The bonds come in two parts of €500 million each.
Reliance Industries Limited has raised over Rs. 168,818 crore in 58 days ,making the company net debt free before original deadline of 31st March 2021.
Sasol has been reviewing its business as it grapples with high debt levels, falling oil and chemical prices and lower demand due to the COVID-19 pandemic.
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