AMERICAS Sasol and Ineos to move forward with HDPE JV Sasol and Ineos will be proceeding with a 50-50 JV for the manufacture of bimodal HDPE at Ineos’ manufacturing site in LaPorte, TX. The JV will construct a 470 KTA HDPE plant which is expected to begin operations in 2016. The plant will…
AMERICAS Flint Hills Resources to acquire PetroLogistics Flint Hills Resources will be acquiring propylene producer PetroLogistics for USD 2.1 billion. PetroLogisticsis a major producer of propylene and operates the only propylene dehydrogenation facility currently operating in the United States. The propylene production facility has a capacity of about 725 KTA. Comments: As a…
AMERICAS CB&I to market Versalis’ LDPE and EVA technologies in North America Versalis and CB&I have signed an agreement through which CB&I will market and provide Engineering services for Versalis’ EVA and LDPE technology plants in North America. CB&I will offer both tubular and autoclave high-pressure processes. Comments: Versalis, a subsidiary of Italy-based…
AMERICAS CPChem to go ahead with alpha olefins expansion CPChem plans to begin a 100 KT expansion of its normal alpha-olefins plant at Cedar Bayou in Texas. CPChem has obtained the approval of its board and the required environmental permits. Comments: The expansion of the alpha-olefins plant further reflects CPChem’s strategy to take…
AMERICAS Formosa Plastics obtains EPA permits for new plants Formosa Plastics Corp. has obtained greenhouse gas prevention of significant deterioration (GHG-PSD) permits from EPA for the construction of 1,600 KTA ethane cracker, 660 KTA PDH unit and a 570 KTA LDPE plant at its site in Point Comfort, Texas. Formosa Plastics expects to…