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SABIC And Sinopec’s Trinidad Partnership

By Malini Hariharan

More news has emerged on the Trinidad methanol and methanol-to-olefins (MTO) project covered by the blog last week. Chinese major Sinopec is likely to be SABIC’s partner for the $5.3bn project. The two companies are in negotiations …

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Honam’s next expansion

By Malini Hariharan

Honam Petrochemical’s plans for Indonesia appear to be progressing.

Company sources told ICIS news yesterday that a feasibility study is underway for a $4-5bn petrochemical complex in Southeast Asia with Indonesia the most likely location. The study …

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Methanol moves

By Malini Hariharan

Recent moves by methanol majors to boost their capacities have caught the blog’s attention.

Sabic’s chief financial officer Mutlaq al-Morished disclosed at a press conference yesterday in Dubai that the company is in talks for a methanol …

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More PTA for India

By Malini Hariharan

India trails far behind China in the polyester business but there is growing interest in new investments that also extends upstream to purified terephthalic acid (PTA).

The latest entrant to the projects listing is Thai major Indorama …

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IOC Defers PX/PTA, Proceeds With Acetic Acid, Butene-1

By Malini Hariharan

The blog continues with a review of Indian projects.

State-owned refinery major Indian Oil Corp (IOC) has deferred its paraxylene (PX) and purified terephthalic acid (PTA) projects at Vadodara in Gujarat state, to post 2015.

“The project …

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Hits And Misses For Indian Projects

By Malini Hariharan

The Indian project scene continues to see some hits and misses.

Among the projects on track, sources at Gail (India) told the blog last week that expansion of its Pata cracker and a new polyethylene (PE) plant …

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China coal-based MEG moves ahead

By Malini Hariharan

China’s second coal-based monoethylene glycol (MEG) plant is due to start in the second half of 2012, reports ICIS news.

The plant, located in Hebi, Henan province, will have a capacity of 250,000 tonnes/year and will be …

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Middle East looks overseas for growth

By Malini Hariharan

The US shale gas buzz is now drawing Middle East companies with Sabic’s CEO revealing yesterday that the company is considering investing in a US cracker.

Sabic would pursue the US cracker on its own or with …

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US shale gas buzz in the Middle East

By Malini Hariharan

The US shale gas advantage is a recurring theme at this year’s GPCA forum with companies giving more details about their expansion plans.

Chevron Philips Chemical confirmed that it will build a 1.5m tonnes/year cracker at its …

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BP and Indian Oil plan acetic acid jv

By Malini Hariharan

Indian Oil Corp (IOC) is looking to set up a second joint venture in petrochemicals, this time with BP for production of acetic acid.

The two companies have signed a memorandum of understanding (MoU) to explore the …

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