Petrochemical industry

Celanese’s Ethylene-Based VAM Technology Listed as Green Technology by China Petroleum and Chemical Industry Federation

Retrieved on: 
Monday, January 13, 2020

The designation was announced recently at a press event in Beijing by the China Petroleum and Chemical Industry Federation (CPCIF) in the Directory for Petrochemical Green Technology (2019 edition).

Key Points: 
  • The designation was announced recently at a press event in Beijing by the China Petroleum and Chemical Industry Federation (CPCIF) in the Directory for Petrochemical Green Technology (2019 edition).
  • Harvey Zhao, senior director of Celaneses Asia Acetyls business, was invited to attend the press event and award ceremony.
  • The 2019 revised edition will further contribute to the Green Petrochemical Industry in China.
  • Our businesses use the full breadth of Celanese's global chemistry, technology and commercial expertise to create value for our customers, employees, shareholders and the corporation.

Global Petrochemicals Capacity and Capital Expenditure Outlook, H2 2019 - 2030: China Leads Global Petrochemical Capacity Additions - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 10, 2019

The "H2 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook - China Leads Global Petrochemical Capacity Additions" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "H2 2019 Global Petrochemicals Capacity and Capital Expenditure Outlook - China Leads Global Petrochemical Capacity Additions" report has been added to ResearchAndMarkets.com's offering.
  • China is expected to lead the global petrochemical industry capacity growth from planned and announced projects between 2019 and 2030 with 27% share.
  • These countries collectively contribute about 151.8 mtpa of the total global planned and announced petrochemical capacity additions by 2030.
  • Haldia Petrochemicals Ltd, China Petrochemical Corp, and Indian Oil Corp Ltd are the top three companies in terms of planned and announced capacity additions during the outlook period.

Graham Corporation Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, October 29, 2019

Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share.

Key Points: 
  • Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share.
  • The dividend will be payable on November 26, 2019 to stockholders of record at the close of business on November 12, 2019.
  • Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries.
  • Graham routinely posts news and other important information on its website, www.graham-mfg.com , where additional comprehensive information on Graham Corporation and its subsidiaries can be found.

Outlook on the Global Petrochemicals Market to 2022 Featuring Saudi Basic Industries Corporation (SABIC), Sinopec, Royal Dutch Shell, LyondellBasell Industries, and INEOS - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 24, 2019

Asia Pacific was the largest region in the global petrochemicals market, accounting for 43% of the market in 2018.

Key Points: 
  • Asia Pacific was the largest region in the global petrochemicals market, accounting for 43% of the market in 2018.
  • Middle East was the second largest region accounting for 21% of the global petrochemicals market.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies.
  • Companies Mentioned: Saudi Basic Industries Corporation (SABIC), Sinopec, Royal Dutch Shell Plc, LyondellBasell Industries, INEOS AG
    Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, petrochemicals indicators comparison
    Data Segmentation: country and regional historic and forecast data, market share of competitors, market segments

Graham Corporation to Present at Sidoti & Company Fall 2019 Conference

Retrieved on: 
Wednesday, September 11, 2019

A link to the live webcast, along with presentation materials, will be available at www.graham-mfg.com .

Key Points: 
  • A link to the live webcast, along with presentation materials, will be available at www.graham-mfg.com .
  • An archive of the presentation will be accessible on the Company website, using the same link, following the conference, along with a transcript once available.
  • Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries.
  • Graham routinely posts news and other important information on its website, www.graham-mfg.com , where additional comprehensive information on Graham Corporation and its subsidiaries can be found.

KBC Announces Strategic Partnership with AVGI to Help Oil Refiners Drive Profitable Petrochemical Growth

Retrieved on: 
Monday, August 26, 2019

Petrochemical demand growth is rapidly becoming the largest driver of global oil consumption.

Key Points: 
  • Petrochemical demand growth is rapidly becoming the largest driver of global oil consumption.
  • We value this new partnership with KBC for expanding industry access to our know-how and intellectual property," said Kevin Van Geem, Managing Director of AVGI.
  • AVGI is a company based in Ghent that develops and licenses software specifically COILSIM1D and provides consulting services in steam cracking to the petrochemical industry.
  • AVGI was spun off from Ghent University in 2015 but remains closely affiliated with Ghent University's Laboratory for Chemical Technology.

KBC Announces Strategic Partnership with AVGI to Help Oil Refiners Drive Profitable Petrochemical Growth

Retrieved on: 
Monday, August 26, 2019

Petrochemical demand growth is rapidly becoming the largest driver of global oil consumption.

Key Points: 
  • Petrochemical demand growth is rapidly becoming the largest driver of global oil consumption.
  • We value this new partnership with KBC for expanding industry access to our know-how and intellectual property," said Kevin Van Geem, Managing Director of AVGI.
  • AVGI is a company based in Ghent that develops and licenses software specifically COILSIM1D and provides consulting services in steam cracking to the petrochemical industry.
  • AVGI was spun off from Ghent University in 2015 but remains closely affiliated with Ghent University's Laboratory for Chemical Technology.

Petrochemical companies are investing in training emergency responders who serve their communities

Retrieved on: 
Thursday, August 8, 2019

The petrochemical industry is investing in a new approach to help protect their facilities and the citizens who live nearby.Several petrochemical companies are partnering with the Texas A&M Engineering Extension Service (TEEX) to provide emergency response training to the communities surrounding their plants to protect the safety of local citizens.

Key Points: 
  • The petrochemical industry is investing in a new approach to help protect their facilities and the citizens who live nearby.Several petrochemical companies are partnering with the Texas A&M Engineering Extension Service (TEEX) to provide emergency response training to the communities surrounding their plants to protect the safety of local citizens.
  • The training grants cover the costs for the firefighters to attend specialized training courses at the 296-acre Brayton Fire Training Field in College Station, Texas, which is one of the largest live-fire training facilities in the world.
  • The specialized TEEX course, Industrial Emergencies for Municipal Based Responders, or IEMBR, was requested by LyondellBasell for firefighters that serve communities around their facilities.
  • The investment in training is a win-win for the companies and for the communities, Burge says.

Graham Corporation Increases Quarterly Cash Dividend

Retrieved on: 
Wednesday, August 7, 2019

Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share, reflecting a $0.01 increase.

Key Points: 
  • Graham Corporation (NYSE: GHM), a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical and defense industries, announced that its Board of Directors declared a quarterly cash dividend of $0.11 per common share, reflecting a $0.01 increase.
  • The dividend will be payable on September 4, 2019 to stockholders of record at the close of business on August 21, 2019.
  • Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries.
  • Graham routinely posts news and other important information on its website, www.graham-mfg.com , where additional comprehensive information on Graham Corporation and its subsidiaries can be found.

Graham Corporation Announces First Quarter Fiscal Year 2020 Financial Results Release and Conference Call

Retrieved on: 
Thursday, July 11, 2019

The Company will host a conference call and webcast to review its financial and operating results, strategy and outlook.

Key Points: 
  • The Company will host a conference call and webcast to review its financial and operating results, strategy and outlook.
  • Internet webcast link and accompanying slide presentation: www.graham-mfg.com
    A telephonic replay will be available from 2:00 p.m.
  • Graham is a global business that designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries.
  • Graham routinely posts news and other important information on its website, www.graham-mfg.com , where additional comprehensive information on Graham Corporation and its subsidiaries can be found.