Bye-bye, naphtha cracker: A new steam cracking process allows petrochemical producers to skip the refining stage in the production of ethylene – with potential cost benefits of hundreds of dollars per ton.
The boom of LCD displays and flatscreens opens new market opportunities for the chemical industry: The demand for the four primary chemical materials used in thin-film transistor (TFT) liquid crystal display could reach US $ 1.6 billion this year.
An extended recovery period for crude oil prices, exceeding five years, would have dramatic implications for the global petrochemical industry and could mean a “Back to the Future” experience for some companies and regions -- creating a more competitive environment for naphtha producers, according to a new IHS report.
The fire and subsequent explosion in Tianjin Port in mid-august is not only one of the worst chemical accidents of the past decade – it also raises important questions about the costs of safety over economic performance. This article tells the story from a chemical perspective, providing you with background information and an outlook on its effects on China's industry.
Iran's gigantic petrochemical industry could become the next Bonanza for foreign investors - once the UN sanctions are lifted. Yet, there are still significant risks to stomach, analysts say. Discover, how to profit from this development and what uncertainties to tackle when putting your company's money on the Persian Gulf country...
In a recent online survey HIS asked engineers and technical professionals in the industrial sector about the pace of engineering, available resources, knowledge management practices, performance measurements and more.
Ammonia is in demand: The boom of biofuels, emerging economies, a growing population and dietary improvements in many regions drive the demand for this raw material. With this perspective and the abundance of cheap shale gas, fertilizer Projects boom in the US a new study says.
For more than half a century, basic chemicals and polymers were largely crude based. Were. For know, natural gas liquids, driven by cheap US shale gas, replace oil as the feedstock for petrochemicals in North America. As steam cracker feedslates trend lighter, propylene production not able to keep pace with demand growth.
Industrial investments return to the old world: As Western Europe returns to growth, especially renewable energy and technology industries offer billion-dollar growth opportunities, a new study indicates.
Tight oil (also known as shale oil) could revolutionise the global oil industry just as shale gas did: According to a new geological study by global analytics firm IHS, the world has large potentially technical recoverable resources of tight oil, possibly several times the size of those of North America...