Energy Singularity
Selected information on refinery & chemical plants and market information in the energy industry. News that matters.
Technology articles on mankind's race towards energy singularity. A perspective.
 

 

Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.

28 January 2013

SABIC Expands to India and China

Saudi Basic Industries Corporation (SABIC) is seeking expansion of its technology arm outside Middle East with new technology centers in Bangalore India and Shanghai China. The company is looking to invest more on innovations, new chemicals and in the area of sustainability development with the help of around 500 professionals in various areas. The new centers are targeted to be opened in 2013 close to year end focusing on new technologies and strategic business research. 

SABIC has been proclaimed as on of the world's leading petrochemical companies due to recent acquisitions and agressive build-up model and expansion attitude surpassing many of other established multinational petrochemical companies.

23 January 2013

BASF & PETRONAS Terminated Plan for JV

BASF and PETRONAS have both mutually terminated their Heads of Agreement to undertake a joint venture for specialty chemical production at Pengerang site, for a participation in a mega refinery-petrochemical project in Malaysia's Southern Johor.

Both companies have been reported to have been working together for the specialty chemicals joint-venture following an Memorandum of Understanding in 2010. 

PETRONAS in a separate statement has announced for a new joint-venture proposal for specialty chemicals with a German company, Evonik for a participation in RAPID project in Malaysia.

09 January 2013

The Next Boom in Petrochemical Industry: Age of Abundance

Already many oil and gas analysts in particular in advanced petrochemicals are talking about the absurd "Age of Abundance" is coming. The next petrochemical boom will not be about producing the most petrochemical portfolio, integration upstream and downstream, but a focused new materials development which will require certain feedstock especially new plastics and resins and highly advanced nano-plastics.

The hype about the next petrochemical boom will largely be targeting the industry of computer science, supercomputer, 3D printing and media-related consumer goods. The combination of these industries will see

08 January 2013

Alfa Laval Offers More Heat Exchangers Via Acquisition

Alfa Laval has made an announcement that it is acquiring ACE (Air Cooled Exchangers) in December 2012. With the new acquisition, Alfa Laval will be able to add custom made air cooled heat exchangers in its portfolio on top of the current established list of heat exchangers. Alfa Laval already has a good base of heat exchangers on offer especially on fluids, centrifugal separation and normal types of heat exchangers.

04 January 2013

Mega Petchem: Pertamina Building Its Petrochemical Industry

Indonesian owned oil and gas company, PT Pertamina is getting aggressive in building its petrochemical industry with the expectation of new US$5 billion petrochemical complex by 2017. The facility will be a joint venture between Pertamina and either SK Global Chemical, Mitsubishi or Thailand's PTT Global Chemical. 

The partnership will first focus to jump start the petrochemical products by boosting additinal 500 ktpa of

01 January 2013

New Petchem Plant: Worlds Biggest Butanol Plant in Saudi Arabia

Three major operating companies in Saudi Arabia are on a plan to build the worlds biggest butanol plant. Saudi Kayan Petrochemical Company, Sadara Chemical Company and Saudi Acrylic Acid Company have signed an agreement for the plant to be commissioned by 2015, a 330 ktpa n-butanol and 11 ktpa iso-butanol. All the three companies are operating companies in Saudi Arabia.