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BIC Magazine | February 05, 2020
Phillips 66 is expanding its midstream and refining business in 2020 with projects in the works or under completion all along the Gulf Coast and beyond. The company said in its fourth-quarter 2019 earnings statement that its refining and chemicals business ran at 97 percent utilization. The company and its partners commenced initial operations on the 900,000 bpd Gray Oak pipeline, which is expected to reach full service in the second quarter of 2020. Gray Oak will provide crude oil transportatio...
Chemical Management
Businesswire | July 25, 2023
Vibrantz Technologies announced today the construction of a new pilot plant to process high-purity manganese sulfate (HPMSM) onsite at its facility in Tampico, Mexico, to meet the growing demand for battery-grade manganese sulfate as automotive original equipment manufacturers (OEMs) prioritize the production of zero-emission vehicles. Over the next three years, this expansion is anticipated to increase Vibrantz’s HPMSM capacity to up to 45,000 metric tons per year which could help p...
Aramco | November 17, 2022
Aramco is making its biggest ever investment in South Korea to develop one of the world's largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company's strategy to maximize the crude to chemicals value chain. The $7 billion Shaheen project aims to convert crude oil into petrochemical feedstock and would represent the first commercialization of Aramco and Lummus Technology's TC2C thermal crude to chemicals technology, w...
Chemical Technology
Argus | August 12, 2021
Energy and commodity price reporting agency Argus has acquired Oleochem Analytics, a provider of renewable chemicals market information. Oleochem Analytics produces price assessments, market intelligence, news, and analytics for the global oleochemical and pine chemical markets. With subject matter experts in Europe, the US, Brazil and China — who collectively have decades of market expertise — Oleochem Analytics is the leading information source on high-growth renewab...
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