Meridium Inc., the global leader in asset performance management (APM) software and consulting solutions, released its newest solution, Asset Health Indicators, in v3.3.1 of its APM software package. Meridium’s Asset Health Indicator (AHI) solution is an extension to Meridium’s Asset Strategy Management application and provides the ability...
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...
ICIS Chemical Business magazine has unveiled the ICIS Top 100 Chemical Companies, featuring the world’s top chemical players ranked by annual sales. According to the ICIS Top 100 listing of chemical company financial performance, published in the September 15 issue of ICIS Chemical Business, sector sales rose by 11% in 2007 in local currency terms...
Kazakhstan Petrochemical Industries Inc. LLP, in which LyondellBasell is holding a minority interest, has selected LyondellBasell’s polyethylene (PE) and polypropylene (PP) technologies for three new plants that will have a combined capacity of 1300 KT of polyolefins per year. The plants will be constructed at the petrochemical complex of Karabatan...