Posts Tagged ‘global market’

Japan chemical industry gears up on bio-plastics

Sojitz, SDK and Toray multiply strategic initiatives While the biggest oil and gas producing countries in Middle-East, Russia and North America are expanding their petrochemical industry downstream towards high added value hydrocarbon products, Japan seems to investigate another route through chemical local companies building up Market Leadership on bio-plastics. The […]

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BASF increases Chemicals capacity in Europe

BASF to build butadiene extraction plant in Antwerp The butadiene is a monomer and used as an important chemical intermediate to produce elastomers and thermo­plastics, such as synthetic rubbers, latex, acrylonitrile butadiene styrene copolymer and polyamide. The tire industry is the main consumers of butadiene. Other applications for butadiene include paper chemicals […]

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Giant Exxon Baytown complex to get bigger with new cracker

From Shale gas to Polyolefins ExxonMobil implements its integrated business model The Houston based Exxon Mobil Corp. is considering a multi-billion-dollar expansion of its giant petrochemical complex in Baytown, Texas, USA. ExxonMobil, like Chevron, Dow Chemicals or Shell,  is looking to take advantage of a surplus of natural gas that’s pushed […]

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