Petro-Chem Development Co., Inc.

CHEMICAL TECHNOLOGY

American Chemistry Council | August 29, 2022

The U.S. Chemical Production Regional Index rose by 0.2% in July following a 0.1% decline in June and a 0.4% gain in May, according to the American Chemistry Council. Chemical output was mixed across regions. The U.S. CPRI is measured as a three-month moving average. On a 3MMA basis, chemical production within segments was mixed in July. There were gains in the production of industrial gases, synthetic dyes and pigments, other inorganic chemicals, adhesives, coatings and other spe...

CHEMICAL TECHNOLOGY

KBR | August 03, 2021

KBR and Petron Scientech Inc. (PSI) announced today that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production. Under this agreement, KBR will be the exclusive licensor for PSI's Ethylene Oxide / Ethylene Glycol (K-MEG℠), Alcohol Dehydration (K-SEET℠) and Maleic Anhydride (Max-Leic℠) technologies, which are used to convert ethanol into ethylene and further derivative chemicals used in...

Braskem | August 18, 2020

Nippon Export and Investment Insurance (Nexi) has backed the build of a new polypropylene plant in Texas, after agreeing to provide insurance for a loan to Brazilian petrochemical firm Braskem. As part of the agreement, which comes with a tenor of 10.5 years, the Japanese credit insurance agency is insuring a US$225mn loan facility from ING Bank and BNP Paribas to Braskem. Nexi will cover 100% of political risks and 90% of commercial risks. The largest petrochemical firm in the Americas will use...

Cardiff University | July 14, 2020

Cardiff University scientists have devised a new way of making reactions up to 70 times faster by using state-of-the-art equipment to spin chemicals around. They found that efficient mixing within a chemical reaction could be achieved by spinning chemicals and catalysts around in a small tube, causing the reactions to happen much quicker. The new findings could have a profound influence on the way that chemicals are made in a wide variety of industries, from drug development to ag...