Category: Chemicals

Gas boom creates chemical bond between Gulf Coast, foreign firms

Foreign companies are making big bets on the Gulf Coast petrochemical corridor, where capital investment is surging because of cheap U.S. natural gas, other lower costs and the existing industry infrastructure.  More »

Chevron Phillips Chemical breaks ground on ethane cracker

BAYTOWN — Chevron Phillips Chemical Co. broke ground — ceremonially, at least — on the first component of a $6 billion expansion Wednesday that executives say could be transformational for the company.  More »

Dow says US shouldn’t bail out Europe with natural gas

HOUSTON — European leaders visited Washington this week, urging U.S. lawmakers to allow more natural gas exports overseas, arguing the maneuver would reduce their dependency on Russia as an energy provider. But the largest American chemical company had a simple response: tough luck.  More »

Valero buys Indiana ethanol plant

Valero plans to begin production soon at an idled ethanol plant it has purchased at an Indiana port on the Ohio River, a spokesman said.  More »

Report: Cheap gas will fuel US manufacturing job surge through 2020

An ample supply of cheap natural gas has ignited a U.S. manufacturing surge projected to expand plant payrolls and drive demand for chemicals, machinery and steel through the end of the decade, according to a report released Thursday.  More »

Dow Chemical plans new research compound near Houston (video)

Dow Chemical Co. is building a new campus south of Houston where 2,000 employees will focus on product innovation, the latest Texas investment by a chemical company benefiting from the shale rush.  More »

Manufacturing boom needs workers, reforms

The energy boom has led to a surge in manufacturing plant openings and announcements, but that growth is being endangered by politics, the president of the nation’s manufacturing lobbying group said Tuesday in Houston.  More »

Huntsman results top Wall Street expectations

Huntsman returned to a profit in its fourth quarter.  More »

Hedge fund calls for Dow Chemical spin off

Hedge fund Third Point LLC said Tuesday that it has acquired a significant stake in Dow Chemical and wants the company to spin off its petrochemicals division.  More »

Natural gas boom spurs methanol rush

The natural gas boom has turned the United States into a magnet for production of the chemical methanol, with nine major plants expected to be built, expanded or restarted in the country in the coming years.  More »

LyondellBasell restarts Texas plant amid cheap natural gas

LyondellBasell has restarted a chemical plant that had been dormant for a decade, inspired to make the change because of low natural gas prices, the company said Thursday.  More »

Proposed ethane cracker faces tough review

A proposed ethane cracker plant in Wood County likely would have to comply with a state regulation aimed at limiting greenhouse gas emissions from major industrial facilities.  More »
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