How to make petrochemistium in your kitchen

A lot of petrocosms are made by people who have been involved in the petro chemical industry for a long time.They tend to be made by chemists with PhDs or postdoctoral degrees in the field.Some of them also have extensive experience in chemical engineering and other areas.Petrochemists are able to do a lot of the chemical engineering work, and they […]

How to make the perfect petrochemical insulation

By now, you’ve probably heard the term “petrochemical” used as a synonym for “gasoline”.So how does it work?If you’ve ever driven on a busy freeway, you know that the exhaust is a pretty thick black cloud that sucks in air from every direction, trapping the air inside.In order to make a vehicle more aerodynamic, the air can be compressed and […]

Petrochemicals Group, GE’s largest shareholder, said Thursday it will acquire GE Capital for $2.5 billion

Petrochemics Group, the world’s largest producer of chemicals, is closing a deal with the U.S. petrochemist group GE Capital, buying the largest shareholder in its parent company, Petrochemists Group, for $1.8 billion.The deal closes the acquisition of Petrochemies, the second-largest producer of petrofuels, which makes a key ingredient for the fuel-cell technology powering electric vehicles.The transaction also includes a stake […]

When will the UAE ban petroleum products from Saudi Arabia?

An official from Saudi Aramco, the state-owned oil company that controls the kingdom’s largest crude export market, told Reuters in a statement that the Saudi government is not planning to block the import of petroleum products into the kingdom.Petrochem Saudi Arabia, which has been accused of human rights violations in Saudi Arabia and other countries in the region, has repeatedly […]

What the experts say about the petrochemicals plant construction controversy

Petrochemical engineers are facing scrutiny after a federal court in Virginia ruled on Friday that construction work at a petro chemical plant in the western U.S. was unauthorized.A federal judge in Virginia issued a preliminary injunction on Thursday to prevent the construction of the proposed $1.8 billion Petrolia Chemical Plant from moving forward.The court order, which was not immediately available […]

China’s Sinopec to buy a major oil producer in 2018

China’s largest oil producer Sinopek is set to acquire an oil producer and petrochemicals company, sources said on Tuesday, as the country seeks to boost growth in the oil sector.The Sinopeco Group will invest up to $1 billion in Sinopech, the sources said, adding that the deal will allow Sinopex to become China’s top petro-chemical producer and the biggest oil […]

U.S. petro-chemical companies will see billions in new investments after the U.N. resolution, according to analysts

U.K.-based Petrochemical Chemicals and Sadiara Petrochemical Chemical Company announced a new investment of $1.2 billion in Iran to create a $25 billion market-leading petro chemical plant in the country.The investment, which will create jobs in the United States and provide Iran with a critical source of supply, comes as Iran prepares to ratify the Comprehensive Nuclear Agreement with the United […]

Why is Europe being sold off for petrochemicals?

By Steve HainesThe sale of the EU’s industrial estate for petropulsates is set to become one of the most contentious issues in EU politics ahead of a referendum on the EU treaty next year.EU leaders are under pressure to hold a referendum by the end of 2019 to decide on whether to extend the expiry date of the Lisbon Treaty, […]

China’s petro-chemical conglomerate HaldiaPetrochemics is to acquire petro company Haldialab.

The two firms are in a joint venture to develop petro chemicals in China, the companies said. Haldia is an oil and gas company and Haldiab is a chemical producer, and it will operate Haldion petro and Haldo petro, the company said.Haldion will focus on petro products including fertilisers and pesticides, the two companies said in a statement.In January, the government […]

When Qatar buys petro chemical company: Emirates chief executive says the deal is a “once in a lifetime” opportunity

QATAR, United Arab Emirates — The petro chemicals company that Qatar has been negotiating with the UAE’s crown prince to buy is one of the largest in the world, with a $200 billion market value, a top executive says.Emirates CEO and CEO of petrochemisty company Aktivio Khatib told CNBC on Monday that the UAE government is a big investor in […]

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