BASF plans capacity expansion at Antwerp complex

Germany’s BASF SE is pursuing a capacity expansion of the integrated ethylene oxide (EO) complex at subsidiary BASF Antwerpen NV’s Verbund manufacturing site in Antwerp, Belgium. The project will include capacity expansions for EO as well as for several other downstream derivatives, such as surfactants, BASF said. Source: News


MARKET WATCH: Oil prices swing up, down on US-Iran tensions

Light, sweet crude oil prices fluctuated between gains and losses on the New York market July 23. The September contract closed lower but the October contract closed higher following an exchange of threats between US President Donald Trump and Iranian President Hassan Rouhani. Source: News


Chinese operator lets contract for propylene plant

Jiangsu Jiarui Chemical Co., a subsidiary of Jiangsu Sanmu Group Co., has let a contract to Honeywell UOP to deliver its proprietary C3 Oleflex propane dehydrogenation technology for production of 450,000 tonnes/year of polymer-grade propylene at JJCCL’s operations in the Taixing Industrial Zone in China’s Jiangsu Province. Source: News


IEA: Global energy investment declines for third straight year

Global energy investment declined for the third consecutive year in 2017 to $1.8 trillion, a shortfall of 2% in real terms from the previous year, according to the recently released World Energy Investment 2018 report from the International Energy Agency. Source: News


Keep it dark, see the energy

Oil and gas exploration and production take place at some of the most remote sites on earth. E&P are by their nature invasive processes, prompting a variety of mitigation measures addressing soil, water, atmosphere, and even sound. Source: News