Equistar to Temporarily Idle Olefin Unit

Equistar Chemicals, LP, will temporarily idle the olefin unit at La Porte, Texas, due to declining market and economic conditions. The La Porte olefin unit is expected to remain out of service until early 2009. The plant has a nameplate capacity of 1.7 billion pounds per year of ethylene and 700 million pounds of propylene. “We have elected to... 

CMAI Completes 2009 World Methanol Analysis

Chemical Market Associates, Inc. (CMAI) announces the completion of the 2009 World Methanol Analysis. Published annually, this study provides information on supply, demand, production, history and forecasts for methanol capacity, trade, technology analysis and price forecasts. The analysis leverages all of CMAI’s worldwide consultants to offer... 

Construction Progresses on Terrabon’s New Semi-Works Biofuels Conversion Facility in Bryan, Texas

Terrabon, L.L.C. announced today that construction is progressing as scheduled on its new semi-works biofuels conversion facility in Bryan, Texas. Construction is set for completion in October 2008. The new facility, which broke ground in May of this year, will confirm the scaled-up, commercial feasibility of the Company’s MixAlco(TM) technology,... 

Sterling Chemicals Announces Signing of Acetic Acid Contract Extension With BP

STERLING CHEMICALS, INC. has announced they and BP Amoco Chemical Company have entered into an amended, long-term Acetic Acid Production Agreement that will be effective retroactively as of January 1, 2008. The amended agreement contains the following key provisions: — the term is extended from July 31, 2016 until December 31, 2031 ... 

China Domestic Production of Dimethyl Ether is Expected to Reach 4.36 Million Tons in 2008 and 7.84 Million Tons in 2009 and 14.84 Million Tons in 2010

Research and Markets has announced the addition of the “The Development of China’s Coal-based Alcohol Ether Energy 2008” report to their offering. China’s current energy resources are typified by a huge resource of coal, but a shortage of gas and oil. The total reserves of petroleum and natural gas amounted to 15.5 billion barrels...