Petrochemical

Navigator Holdings Ltd. Notification

Monday, March 16, 2020 - 1:21pm

LONDON, March 16, 2020 /PRNewswire/ -- Navigator Holdings Ltd. (NYSE: NVGS) in collaboration with Pacific Gas Pte.

Key Points: 
  • LONDON, March 16, 2020 /PRNewswire/ -- Navigator Holdings Ltd. (NYSE: NVGS) in collaboration with Pacific Gas Pte.
  • Navigator GasCEODr.Harry Deanssaid: "With the successful commencement of our joint venture Ethylene export terminal at Morgan's Point, Houston we are seeing an increased demand for shipping gaseous products worldwide.
  • Navigator Holdings Ltd. is the owner and operator of the world's largest fleet of handysize liquefied gas carriers and a global leader in the seaborne transportation of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas ("LPG") and ammonia.
  • In January 2020 Navigator Holdings Ltd. in partnership with Enterprise Product Partners L.P. announced the commencement of operations of the new ethylene export terminal at Morgan's Point, Houston.

TPC Group Announces Fourth Quarter 2019 Earnings Call

Thursday, March 12, 2020 - 2:00pm

Financial results and conference call details will be available to current noteholders and prospective investors who register on the Investor section of TPC Groups website: www.tpcgrp.com .

Key Points: 
  • Financial results and conference call details will be available to current noteholders and prospective investors who register on the Investor section of TPC Groups website: www.tpcgrp.com .
  • TPC Group, headquartered in Houston, is a leading producer of value-added products derived from petrochemical raw materials such as C4 hydrocarbons, and provider of critical infrastructure and logistics services along the Gulf Coast.
  • The Company sells its products into a wide range of performance, specialty and intermediate markets, including synthetic rubber, fuels, lubricant additives, plastics and surfactants.
  • With an operating history of 75 years, TPC Group has manufacturing facilities in the industrial corridor adjacent to the Houston Ship Channel and Port Neches, Texas, and operates a product terminal in Lake Charles, Louisiana.

Industrial Petrochemical Olefins/Ethylene Production Patents for Sale on the Ocean Tomo Bid-Ask™ Market

Tuesday, March 10, 2020 - 8:15pm

CHICAGO, March 10, 2020 /PRNewswire-PRWeb/ --Ocean Tomo Transactions, LLC, will auction a portfolio of six patents for industrial petrochemical production of olefins/ethylene.

Key Points: 
  • CHICAGO, March 10, 2020 /PRNewswire-PRWeb/ --Ocean Tomo Transactions, LLC, will auction a portfolio of six patents for industrial petrochemical production of olefins/ethylene.
  • Available as Ocean Tomo Bid-Ask Market patent auction lot 106, the patented technology is applicable to the industrial petrochemical production of olefins/ethylene.
  • The assets in this patent portfolio on the Ocean Tomo Bid-Ask Market are novel and disclose three significant advancements.
  • The Ocean Tomo Bid-Ask Market is an open online platform to buy and sell patents.

TMR Predicts Strong Growth for Petrochemicals Market, to Rise to US$ 7.0 Trillion by 2027-end Amidst Rising Demand

Wednesday, March 4, 2020 - 2:00pm

The growing demand for aromatics will also make way for significant opportunities for growth in the petrochemical market during the forecast period.

Key Points: 
  • The growing demand for aromatics will also make way for significant opportunities for growth in the petrochemical market during the forecast period.
  • Key Findings of the Petrochemicals Market Study:
    The investments in petrochemicals in GCC will help it reach US$140 bn in 2019.
  • The growing demand for methanol-based products, and rising demand in Asia Pacific will remain a major growth driver in near future.
  • The growing demand for shale gas and coal will likely create new opportunities for growth in the petrochemicals market.

TMR Predicts Strong Growth for Petrochemicals Market, to Rise to US$ 7.0 Trillion by 2027-end Amidst Rising Demand

Wednesday, March 4, 2020 - 2:00pm

The rising prominence of petrochemicals in various new niches will drive strong growth

Key Points: 
  • The rising prominence of petrochemicals in various new niches will drive strong growth
    The global petrochemicals market will reach US$7.0 trillion in valuation by end of 2027.
  • Additionally, IMO bunker fuel regulation will also result in major supply shifts in the petrochemicals market during the forecast period.
  • Key Findings of the Petrochemicals Market Study:
    The investments in petrochemicals in GCC will help it reach US$140 bn in 2019.
  • The growing demand for methanol-based products, and rising demand in Asia Pacific will remain a major growth driver in near future.

Four Major Trends in Process Engineering & Technology Identified by Reuters Events

Tuesday, March 3, 2020 - 4:00pm

HOUSTON, March 3, 2020 /PRNewswire-PRWeb/ -- Petrochemical Update, part of Reuters Events, has confirmed four major trends cracking the puzzle of process engineering optimization in the downstream industry to be discussed on the Process Engineering track at Downstream 2020 Conference & Exhibition.

Key Points: 
  • HOUSTON, March 3, 2020 /PRNewswire-PRWeb/ -- Petrochemical Update, part of Reuters Events, has confirmed four major trends cracking the puzzle of process engineering optimization in the downstream industry to be discussed on the Process Engineering track at Downstream 2020 Conference & Exhibition.
  • The conference is inviting practitioners & researchers working in all areas of process engineering and related disciplines for the Petrochemical, Chemical, Refining or LNG industries to submit abstracts for consideration before April 4th, 2020.
  • The track will bring together 200+ leading process engineering & technology professionals from across the Petrochemical, Chemical and Refining industries to present and share the very latest in innovation and research at the 10,000+ strong Downstream 2020 conference.
  • The four major trends practitioners & researchers are invited to submit papers on:
    Over two days, the track will feature the likes of ExxonMobil, Dow Chemicals, Eastman and many more already confirmed to speak on the process engineering & technology track at Downstream 2020 conference.

Trecora Resources to Host Fourth Quarter and Fiscal Year 2019 Earnings Conference Call on Tuesday, March 10

Monday, February 24, 2020 - 12:05pm

A replay of the conference call will be available approximately two hours following the conclusion of the call through March 12, 2020.

Key Points: 
  • A replay of the conference call will be available approximately two hours following the conclusion of the call through March 12, 2020.
  • TREC owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
  • In addition, the Company is the original developer and a 33.3% owner of AMAK, a Saudi Arabian joint stock company.

Foremark Performance Chemicals Expands Triazine Production

Monday, January 27, 2020 - 11:30am

Foremark Performance Chemicals (Foremark) today announced it has completed an expansion of its triazine manufacturing operations at its La Porte, Texas plant.

Key Points: 
  • Foremark Performance Chemicals (Foremark) today announced it has completed an expansion of its triazine manufacturing operations at its La Porte, Texas plant.
  • The expansion includes a new triazine reactor, increased storage and handling, and a doubling of truck and rail loading capacity.
  • These investments showcase our ongoing commitment to innovate, drive long-term growth and meet the needs of our customers, said Randy Owens, CEO of Foremark.
  • Foremark Performance Chemicals, headquartered in League City, TX, is a technology driven leader in intermediate chemicals and derivatives for oilfield, refinery and petrochemical applications.

Hengli Petrochemical Announce Start-Up of Its 4th PTA Line Utilizing INVISTA’s P8 PTA Technology

Wednesday, January 22, 2020 - 7:30am

INVISTAs technology and licensing group, INVISTA Performance Technologies (IPT) and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) announce the successful start-up of Henglis fourth purified terephthalic acid (PTA) line.

Key Points: 
  • INVISTAs technology and licensing group, INVISTA Performance Technologies (IPT) and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) announce the successful start-up of Henglis fourth purified terephthalic acid (PTA) line.
  • A fifth PTA line, identical to the fourth PTA line, is currently under construction and is expected to start-up around the middle of 2020.
  • Hengli also operates another 3 PTA lines on the same site, each with a capacity of 2.2 million tonnes per annum, using INVISTAs P7 PTA technology.
  • INVISTAs industry-leading PTA technology, including its latest version of P8 technology, is available as a license package from IPT.

Acetone Market Size to Reach $6.3 Billion by 2025 | CAGR: 5.4%: Grand View Research, Inc.

Tuesday, January 21, 2020 - 8:35am

The excellent solvent power exhibited toward synthetic resins, such as vinyl, nitrocellulose, and acrylics has boosted the application of acetone in coating formulation.

Key Points: 
  • The excellent solvent power exhibited toward synthetic resins, such as vinyl, nitrocellulose, and acrylics has boosted the application of acetone in coating formulation.
  • Acetone is considered as one of the most efficient solvents as most of the waxes, oils, and dyestuffs are soluble in it.
  • The economic turmoil has largely affected and inflated the prices of petrochemicals, which has negatively impacted the Europe acetone market.
  • Grand View Research has segmented the global acetone market on the basis of application, distribution channel, grade, and region: