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 […]

Petrochemical driver, chemical operator share stories of ‘incredible’ work days

In this video, you can watch two petrochemicals drivers from a petro chemical company explain how they manage their schedule and time to complete projects.Petrochemical Driver:Daryl DankerThe petro chemicals driver in the video was working 12-hour shifts on a daily basis and needed to complete one or more projects a day.Daryl explained that his work schedule would consist of a […]

How to spot the difference between petro chemical plant photos and petro chemicals

UAE, United Arab Emirates (UAE) (AP) The world’s most-expensive petro-chemical plant, Abu Dhabi’s Petrochem, is being built to produce petro lubricants at an estimated cost of more than $4 billion, according to a Gulf News report.The Abu Dhabi Petroleum Corporation said on Wednesday that the facility would begin production of petrofluid by early 2019.The project was funded by Saudi Arabia […]

Which Petrochemical Company Inspectors are currently under investigation?

The Petrochemical Inspection and Enforcement Council (PIEEC) is the main watchdog for Petrochem in India.They inspect about 2,500 companies, with over 30,000 products on sale in India alone.The PIEEC reports to the Prime Minister, who is appointed by the Cabinet.According to reports, the probe into Petrochemical in India is ongoing and it has been in the spotlight ever since the […]

Which products should be banned from Australia?

Petrochemical and other chemical products are now considered to be an “extensive” risk to the environment, with new restrictions set to go into effect in Queensland, the Australian Capital Territory and the Northern Territory on Monday.Key points:The new restrictions will go into place across the country in the first phase of the National Pollutant Reduction StrategyThe restrictions will apply to […]

How to be a petrochemist in Israel

By Sarah Leah Whitson Petrochemical chemists make their living from the chemical processing of petroleum products, as well as in other fields.They do not typically do work that directly affects people, such as building houses.A typical career at a petrosurgical company involves working with a chemical engineer to design and develop new products, and they usually also work on product […]

How to stop the Russian Petrochemical Industry from Being Renamed as Petrochem Fze

In the aftermath of the Russian invasion of Ukraine, Russia announced it had decided to rename its petroleum industry to PetroChem Fze.However, Russia’s petro chemical industry continues to produce the same old toxic chemicals.The petro chemicals industry, which is estimated to produce around 3.7 trillion cubic feet of CO2, is the largest single source of global CO2 emissions and is […]

How much will a petrochemicals company charge you for oil and gas exploration and development?

Oil and gas companies are selling exploration and production rights to oil companies for as much as $2,500 a barrel, according to the latest price estimates from the American Petroleum Institute.The estimates, based on the company’s latest price list, are the highest since BP’s price index was first published in 2005.The oil and natural gas companies also are getting more […]

Petrochemical firm to be shut down in US after US regulators reject its controversial plan to pump carbon dioxide into the atmosphere

Petrochemistry giant Kolmar PetroChemics has filed for bankruptcy protection in the United States.Kolmar has said it will shut down operations in the US and Mexico after regulators rejected its proposed carbon dioxide-emitting pipeline.The company said in a filing that it had failed to meet conditions that would have kept it solvent in the event of an emergency.Kolor was one of […]

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