Sasol fields offers from LyondellBasell and others for stake in Lake Charles Complex
Sasol has fielded offers from CP Chem, LyondellBasell and Ineos for a large stake in its Lake Charles petrochemical complex, Chemweek reports.
It became clear...
Louisiana’s energy industry hurting, but pent-up global demand prompts hope
Focusing on the worldwide pent-up demand for energy provides a more promising—and accurate—glimpse into the long-term future of south Louisiana’s energy and petrochemical industries,...
Dow idles 2 elastomer units in Louisiana
Dow has idled two of its elastomer units in Louisiana as part of a larger strategy to balance supply with lower demand.
Speaking at the...
Dow explores sale of ports, storage and railway businesses in Louisiana, Texas
Dow Inc. is exploring the sale of its ports in Louisiana and Texas and six railway hubs as it refocuses on chemicals, Bloomberg reports.
The...
Sasol expects Lake Charles project to lose $50 million to $100 million in earnings
Sasol has cut its core earnings expectations from the Lake Charles Chemicals Project (LCCP) following a drop in oil and chemicals prices and lower...
ExxonMobil’s Baton Rouge facility steps up polypropylene production for protective gear
ExxonMobil has increased production of critical raw materials for masks, gowns and hand sanitizer used by medical professionals and first responders on the front...
Saturation Point: What do low prices mean for ethylene and LNG projects planned for...
Sometimes too much is just too much. While the supply glut in natural gas, ethylene and oil ultimately provides cheaper feedstocks for the petrochemical...
Methanex ‘evaluating’ third Geismar methanol plant
After decisions to idle plants in Trinidad and Chile, Methanex is "evaluating all capital and operating spending," including its third methanol plant in Geismar,...
ExxonMobil Baton Rouge churning out IPA to meet pandemic demand
ExxonMobil is helping to meet demand for products like medical hand sanitizers, alcohol wipes and disinfectant sprays by manufacturing a key ingredient—isopropyl alcohol—and providing...
Dismukes: Petrochem industry likely to cut back on planned expansions
Four days into the oil price war that was ignited last week, when Saudi Arabia said it would flood the market with oil at...
