Petrochemical

Chevron Phillips Chemical Co. LLC and QatarEnergy on Wednesday sanctioned an $8.5 billion integrated polymers facility east of Houston that promises more than 500 full-time jobs and billions in revenue for the Golden Triangle hub. A 2 million metric ton/year (mmty) ethane cracker and two 1 mmty high-density polyethylene units are planned at the site…

Two major petrochemical projects planned for Louisiana’s St. James Parish are facing permitting obstacles following recent decisions that may affect them moving forward. A court ruling has stalled FG LA LLC’s plan to build a massive $9.4 billion plastics facility. The affiliate of global conglomerate Formosa Group has had the Sunshine Project on the drawing…

Management at global petrochemical giant Dow Chemical Co. said Thursday that manufacturing sites with access to shale natural gas resources enjoyed a favorable position during the first quarter of 2022. “Natural gas has been stubbornly high,” said CEO Jim Fitterland during Dow’s earnings call for the first quarter of 2022. “It was higher than last…

Brazilian petrochemicals giant Braskem SA reported record imports of ethane from the United States to its Braskem Idesa polyethylene plant in Mexico for a second straight quarter in the fourth quarter of 2021, and it expects a new ethane import terminal at the site to start up by 2024. CFO Pedro Freitas described a dramatically…

A long awaited petrochemical project is set to begin operations in the Appalachian Basin in 2022, and a second major investment in the region could get the green light this year.

A petrochemical plant announced Wednesday, slated to be in service by 2026, could produce up to 200 metric tons/year of low-carbon blue ammonia and methanol using natural gas from the Montney Shale, officials said. Calgary-based Northern Petrochemical Corp. (NPC), a private venture, is proposing to build the C$2.5 billion ($2 billion) project in the planned…

Dow Inc. announced a plan Wednesday to develop a net-zero carbon emissions ethane cracker for an industrial customer in Alberta as a capacity expansion by its Fort Saskatchewan complex northeast of the provincial capital in Edmonton. The cracker, fueled by natural gas, would be capable of producing 1.8 million tons/year of ethylene. Environmental renovations of…

Mexican national oil company Petróleos Mexicanos (Pemex) and Braskem Idesa have reached agreement on an ethane supply deal, bringing to an end a year-long dispute that threatened to shutter the largest petrochemicals operation in Latin America. The Brazil-based Braskem SA unit said on Tuesday Pemex would supply 30,000 b/d of ethane to the Etileno XXI…

The terms of a new ethane supply agreement between Mexican national oil company Petróleos Mexicanos (Pemex) and petrochemical firm Braskem Idesa remain under discussion, despite indications from the government that a new agreement had been finalized, according to management of Braskem Idesa parent Braskem SA. The current 20-year, take-or-pay/supply-or-pay contract for Pemex to supply 66,000…