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BASF breaks ground on MDI capacity expansion project at Geismar site – This project is $780 Million Investment for BASF

BASF breaks ground on MDI capacity expansion project at Geismar site – This project is $780 Million Investment for BASF

by Efrain Garcia | Jan 29, 2023 | Downstream News

GEISMAR, LA, January 11, 2023 – BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate (MDI) expansion project at its Verbund site in Geismar, Louisiana, announced in July 2022. The company will increase production capacity to...
News In Downstream: Jan 17th – Braskem Announces USA based Project to Evaluate Production of Bio-Based Polypropylene

News In Downstream: Jan 17th – Braskem Announces USA based Project to Evaluate Production of Bio-Based Polypropylene

by Efrain Garcia | Jan 17, 2023 | Downstream Projects, Downstream News

This News Article is Brought to you by: PHILADELPHIA, Pa. – January 17, 2023 – Braskem (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of...
Come And Take It – Natural Gas Stoves – Biden Proposed ban on Natural Gas Stoves

Come And Take It – Natural Gas Stoves – Biden Proposed ban on Natural Gas Stoves

by Efrain Garcia | Jan 15, 2023 | Downstream News

President Joe Biden has recently proposed banning the use of natural gas stoves in new construction as part of his plan to combat climate change and transition to cleaner forms of energy. This move is aimed at reducing the country’s carbon footprint and...
12/26 NEWS: Venture Global Signs 20 Year Purchase Agreement with INPEX Corporation

12/26 NEWS: Venture Global Signs 20 Year Purchase Agreement with INPEX Corporation

by Efrain Garcia | Dec 27, 2022 | Downstream News

“VENTURE GLOBAL AND INPEX ANNOUNCE LNG SALES AND PURCHASE AGREEMENT Arlington, Virginia– Today, Venture Global LNG and INPEX CORPORATION (INPEX) announced the execution of a long-term Sales and Purchase Agreement (SPA) for the purchase of one million tonnes per...
12/21 Downstream News: Technip Energies Awarded a Proprietary Equipment Contract by Chevron Phillips Chemical and QatarEnergy for the Golden Triangle Polymers Ethane Cracker

12/21 Downstream News: Technip Energies Awarded a Proprietary Equipment Contract by Chevron Phillips Chemical and QatarEnergy for the Golden Triangle Polymers Ethane Cracker

by Efrain Garcia | Dec 21, 2022 | Downstream News

Technip Energies (PARIS:TE) (ISIN:NL0014559478) has been awarded a contract(1) for the supply of proprietary cracking furnaces for the 2,000 kta(2) ethane cracker for the Golden Triangle Polymers project, a joint venture between Chevron Phillips Chemical (CPChem) and...
NextDecade and Galp Execute 1.0 MTPA LNG Sale and Purchase Agreement

NextDecade and Galp Execute 1.0 MTPA LNG Sale and Purchase Agreement

by Efrain Garcia | Dec 20, 2022 | Downstream News

HOUSTON–(BUSINESS WIRE)–Dec. 20, 2022– NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today the execution of a sale and purchase agreement (SPA) with Galp Trading S.A. (Galp), for the long-term supply of liquefied natural gas (LNG) from...
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