Posts Tagged ‘Derivatives’

Ovia to invest $1.5 billion in Nigeria Quantum Petrochemical Complex

Quantum selected Ibeno for world-scale methanol plant The Nigerian Quantum Petrochemical Company Limited (Quantum) has decided to invest $1.5 billion capital expenditure in a world-scale petrochemical and methanol complex at Ibeno in the Akwa Ibom State of the southern Nigeria on the Gulf of Guinea. Quantum was recently founded by the […]

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Australian Incitec Pivot to build new Ammonia facility in Lousiana, USA

KBR to provide PurifierTM Ammonia technology Dyno Nobel Louisiana Ammonia LLC, the US subsidiary of Australian group Incitec Pivot Limited (IPL), made the final investment decision (FID) to build a new nitrogen-based fertilizer plant in Louisiana, USA. In order to optimize its $850 million capital expenditure, IPL selected an existing chemical […]

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Toyo Engineering to build the largest Polyethylene plant in Egypt

Ethydco selected Toyo and ENPPI for Alexandria PE The local Egyptian Ethylene and Derivatives Company (Ethydco) selected Toyo Engineering Company (Toyo) from Japan and the Egyptian Engineering for the Petroleum and Process Industries (ENPPI) company to build the largest polyethylene plant in Egypt. With a capacity of 400,000 t/y of […]

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SABIC and Vopak form joint venture for new Al Jubail terminal

SABIC and Vopak to build $400 million storage facility Saudi Basic Industries Corporation (SABIC) and Royal Vopak (Vopak) signed Heads of Agreement (HoA) to form a joint venture to build new storage facilities in the Al Jubail Terminal on the east coast of Saudi Arabia. The joint venture between SABIC and […]

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Project Smart Explorer News

240 projects represent more than 680 billion CAPEX On November 5th 2012, the Project Smart Explorer data base contains the 240 largest projects of the oil and gas and petrochemical industry. These projects represent more than 680 billion of capital expenditure to be mostly invested on the next three years by […]

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Project Smart Explorer goes live

The First Online and Smart sales pursuit tools to trace Oil and Gas and Petrochemical projects  2B1st Consulting’s team of experts developed Project Smart Explorer as the first sales pursuit tool to trace and scan online the largest projects of the chemical, oil and gas industry in the world.     […]

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Ineos Technologies for Rosneft’s VNHK Nakhodka project

Vostochnaya Neftechemicheskaya moves on Nakhodka petrochemical complex project ZAO Vostochnaya Neftechemicheskaya (VNHK) is fully owned  OJSC NK ROSNEFT (Rosneft) company created in 2011 to develop a petrochemical complex in Primorsky region, near Pervostroiteley settlement of Nakhodkinsky urban district. Nakhodka is located in the Vladivostok region, in the East of the Russian […]

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Mixed cracker

Definition Mixed cracker refers to cracker in the refining process which can treat equally ethane or naphtha Comments The cracker is a master piece of the refining process to produce gasoline, diesel, jet fuel and all the building blocks of the petrochemical industry (ethylene, propylene, butadiene and all their respective derivatives) To […]

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Jacobs wins Dow and Saudi Aramco Sadara EPCM contract

Jacobs collects awards in Saudi Arabia giant projects In May, Jacobs Engineering Group Inc. (Jacobs) had been awarded the Front End Engineering and Design (FEED) for the $6 billion Ma’aden Phosphate city project. Then in June, Jacobs announced to have won the engineering, procurement and construction management (EPCM) contract for […]

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Advanced and Bayegan sign MoU for $1 billion project in Turkey

Advanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish international trading company, engaged in petroleum derivatives, petrochemicals and other commodities, announced the signing of a Memorandum of Understanding (MoU) for the […]

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