- ABU DHABI - Equity In Borealis.
Under a series of deals signed on Sept. 15, 1997, OMV sold its 100%-owned PCD Polymere to Borealis of Copenhagen, a 50-50 venture between Statoil of Norway and Neste Oy of Finland created in 1994. This made Borealis the second largest producer of polyolefins in Europe and put it on ......
- Plants and projects
Eurochem and UOP Kick Off Design for Gas-to-Polymers Complex UOP LLC (Des Plaines, IL; www.uop.com) will prepare the engineering design for a methanol-to-olefins (MTO) process unit for Eurochem Technologies Corp.'s (Singapore) gas-to-polymers complex, which will be built in Lagos State, Nigeria. Slated to come onstream in 2006, the facility will ......
- 2005 outlook: tight supplies, high
prices.
* The same factors responsible for narrowly balanced supply/demand and escalating prices in 2004 will be at work again in 2005. Market demand appears to be on the upswing; there is almost no substantial new capacity in sight; and petrochemical feedstock costs are unlikely to come down soon. At best, ......
- IRAN - Bandar Imam Projects.
The Special Petrochemical Economic Zone (SPEZ), in an area of 1,700 hectares, was established in mid-1998 as the country's first specialised industrial park with a free zone status. It was developed around NPC's Bandar Imam Petrochemical Complex in a northern Persian Gulf port originally known as Bandar Shahpour, a complex ......
- Indonesia - Ethylene & Downstream
Products.
The business of thermoplastic building blocks in Indonesia now is stagnant, with prices of polyethylenes, propylene and other products having fallen 35% in the past two years. It has been estimated that the country's demand for polyethylene in 1998 and 1999 would only be 30% of 1997 levels, rising to ......
- Foamed films: Find new niches.
Thin foam has been cast and blown for over 30 years in niche products ranging from shiny ribbon to shrink sleeves for bottles. New processes are making it thinner and stronger, and producers are going after big new markets. Thin polyolefin foams have been made for decades for decorative ribbons, ......
- Abu Dhabi - The Petrochemical
Sector.
At present the petrochemical sector in Abu Dhabi is small, consisting of a fertiliser complex at Ruwais built in the early 1980s, a poly-vinyl chloride venture and a plant to produce chemicals such as chlorine, sodium hypochlorite, hydrochloric acid, etc. But in the fourth quarter of 2001, Abu Dhabi will ......