Category: Chemicals

Saudi Aramaco invests $30 million in methane-to-gasoline startup

Siluria Technologies, a San Francisco-based startup that is developing technology to convert methane into ethylene and gasoline, announced that it’s received a $30 million investment from the venture capital arm of Saudi Aramco.  More »

Texas City contends for $4.5 billion methanol plant

Texas City is in the running for a $4.5 billion methanol plant that would expand its already sprawling industrial landscape.  More »

Surge of industrial projects to lift U.S. gas demand

A wave of gas-to-liquids investments and other U.S. industrial projects will likely boost demand for natural gas by 19 to 31 percent through the end of the decade, a new study shows.  More »

Shale’s bounty ignites US petrochemical export boom

Cheap, abundant U.S. shale gas will soon find its way to a new market: The flood of people moving from the countryside to dense cities in developing corners of the world.  More »

PetroLogistics investor sues over Koch buyout

The investor claims a $2.1 billion all-cash buyout offer from a unit of Koch Industries is too low.  More »

Big blaze at Shell chemical plant in Netherlands

People across a wide area reported hearing blasts and could see flames soaring into the night sky.  More »

Westlake buys European resins maker for $667M

“The acquisition of Vinnolit is an excellent strategic fit for Westlake,” Chief Executive Officer Albert Chao said.  More »

EPA Proposes new “residual risk” rule for refineries

Cross Posted from Center for Progressive Reform Blog: On May 14, 2014, the EPA proposed new rules to control “residual risk” from hazardous air emissions (such as from benzene) at the nation’s petroleum refineries.     The Clean Air Act requires the EPA to calculate whether or not residual risk to human health exists after […]  More »

Report: Export boom will boost Houston job growth

A report by the Greater Houston Partnership and HSBC Bank says Houston may enjoy a 15 percent rise in exports, creating 55,000 new jobs.  More »

EPA considers requiring disclosure of fracking chemicals

The agency could require companies to give the government details on what’s being used to break apart shale rock and release trapped oil and gas, according to a notice today on Reginfo.gov.  More »

BASF-Yara ammonia plant would go in Freeport

BASF, based in Germany, and Yara, based in Norway, describe the plant as “word scale” and say it would have an annual capacity of 750,000 metric tons.  More »

Phillips 66 profits rise in first quarter

Refining giant Phillips 66 saw profits grow 12 percent in the first quarter, the company reported Wednesday morning, due to strong growth in its midstream business and earnings from a previously-announced subsidiary sale.  More »
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