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ExxonMobil | February 15, 2020
Exxon Mobil Corp began restarting units shut by a Wednesday fire at its Baton Rouge, Louisiana, refinery and chemical plant complex on Thursday night, sources familiar with plant operations said on Friday. Among the most crucial waiting to restart are three crude distillation units (CDUs) at the 502,500 barrel-per-day (bpd) Baton Rouge refinery that could be turned back on as early as next week if the natural gas supply can be restored to those units during that time, the sources said. On Thursd...
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TETRA Technologies, Inc. | December 20, 2022
TETRA Technologies, Inc. announced updates on some of the Company's strategic initiatives. TETRA announced that Hargrove has completed the Front-End Engineering Design scope of work for the development and construction of a bromine production facility from TETRA's brine leases in Arkansas. Hargrove's FEED study provided an estimated total required capital investment, within a relevant range, over an estimated 24 month-period to construct the facility; optimized p...
The Edge Markets | February 05, 2020
ChemOne Group, a Singapore-based oil and gas, petrochemicals and natural resources conglomerate, today launched a US$3.38 billion aromatics plant in Johor, with construction to start in the second half of 2020. Dubbed the Pengerang Energy Complex (PEC), the project aims to become a world class petrochemical hub that will add value to the downstream oil and gas value chain in Malaysia, ChemOne said in a statement today. The complex, which is scheduled for development across four years, will have ...
Prnewswire | August 26, 2020
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose by 2.5 percent in August on a three-month moving average (3MMA) basis following a 3.0 percent gain in July. On a year-over-year (Y/Y) basis, the barometer was down 6.1 percent in August. The unadjusted data show a 1.8 percent gain in August following a 1.5 percent gain in July and a 4.1 percent gain in June. The diffusion index rose from 41 percent to 59 percent this month &n...
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