Years after the fate of Linde Group’s La Porte plant seemed questionable amid skyrocketing natural gas prices, the German gases and engineering company Tuesday unveiled a $200 million expansion and said revealed plans for more projects at the same site.
The factory would produce at least 1 billion pounds (450,000 metric tons) of resin a year and would be the U.S. polypropylene industry’s first world-scale project in about 12 years, said Mark Nikolich, a vice president at Braskem.
HOUSTON — The surge in liquefied natural gas as a transportation fuel for truck fleets and ships could displace oil demand by more than 1.5 million barrels a day by 2030, according to a new study by IHS Energy. While 1.5 million barrels of oil may not seem like a large chunk of the 93.6 […]
FuelFix.com is your daily must-read source for news and analysis on the energy business. Anchored by business reporters at the Houston Chronicle and other Hearst Newspapers, Fuel Fix incorporates blogs by energy experts, market updates, useful data and a real-time summary of the top ideas, hottest stories and latest news in the oil, gas and energy industries.
Browse previous blog posts by month and year of entry. You'll see all the posts for that time period.