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ExxonMobil confirms plans for $20bn of investments over a decade

Investments of $20 billion are being planned by ExxonMobil Corporation over the next ten years as the company takes advantage of the North American...

China still driving global petrochemical market despite slowdown

Despite a slowing economy, high debt levels and overcapacity for some chemicals, China will continue its dominance of the global petrochemical marketplace, both in...

Iranian petrochemicals giant to grow, says report

State-owned Iranian petrochemical conglomerate NPC Iran is positioned for strong market growth and expanded exports, thanks to easing sanctions and an abundant supply of...

ExxonMobil posts earnings of $7.8bn

ExxonMobil Corporation has reported estimated 2016 earnings of $7.8 billion as the petrochemical giant completed five major upstream projects during the year in Australia,...
Dow, Dupont, Merger

Dow/DuPont merger faces further delay

Chemical giants DuPont and Dow Chemical have admitted that their protracted $72 billion merger is now set for completion by the end of June...

Braskem starts up Texas plant

Braskem has started up a new UTEC Ultra High Molecular Weight Polyethylene (UHMWPE) production plant at its Texas, US site, in order to better serve...

Landmark installation by Nova Chemicals rolls out

Canadian polyethylene producer Nova Chemicals has started shipping butene LLDPE to customers after starting up a new gas phase reactor at its Joffre, Alberta...

ExxonMobil agrees severance terms with Tillerson

The board of directors of ExxonMobil Corporation has reached an agreement with former chief executive Rex Tillerson to sever all ties with the company,...

SABIC and ExxonMobil plot US complex

SABIC and an affiliate of ExxonMobil Corporation are considering the potential development of a jointly-owned petrochemical complex on the US Gulf Coast.

BASF postpones decision on proposed complex

Petrochemical giant BASF has postponed its final investment decision on a proposed methane-to-propylene complex at its Freeport, Texas site in light of the current volatility in raw material prices and the prevailing economic environment.

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