feedstocks

ExxonMobil Evaluating Significant Near-Term Capital and Operating Expense Reductions Due to COVID-19

The company is closely monitoring the COVID-19 pandemic and has adjusted work arrangements to ensure a healthy work environment and support communities where it operates.

March 19, 2020

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ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases.

ExxonMobil Outlines Progress on Long-Term Growth Strategy

ExxonMobil’s long-term growth plans are reportedly rooted in the company’s efforts to meet the world’s increasing demand for reliable and affordable energy while reducing emissions and risks associated with climate change.

March 9, 2020

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ExxonMobil recently announced that it continues to make progress on the its long-term growth plans by investing through the commodity price cycle to capture high-value opportunities and grow earnings and cash flow potential.

Top 5 News that Sticks

Readers Most Interested in Meridian Adhesives’ Latest Acquisition

Last week, news regarding Meridian Adhesives’ acquisition of Epoxies, Etc. garnered much reader interest.

Susan Sutton

September 9, 2019

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How are acquisitions affecting the adhesives and sealants industry?

2019 Adhesives and Sealants Raw Materials and Chemicals Overview

Use trends, price fluctuations, and availability of raw materials all have important implications for the adhesives and sealants industry.

David S. Youland

September 3, 2019

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Raw materials used in the manufacturing of adhesives and sealants represent a small yet important part of the global chemical industry.

Dow to Retrofit Louisiana Cracker with Fluidized Catalytic Dehydrogenation Technology to Produce On-Purpose Propylene

Dow expects that the retrofit will enable it to continue to meet growing demand for its businesses serving consumer, infrastructure, and packaging end markets while also remaining within its stated near-term capital expenditure targets.

August 28, 2019

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Dow recently announced that it will retrofit proprietary fluidized catalytic dehydrogenation (FCDh) technology into one of its mixed-feed crackers in Plaquemine, La., to produce on-purpose propylene.

ExxonMobil Begins Production on Beaumont High-Performance Polyethylene Line

The expansion increases plant production capacity by 65% or 650,000 tons per year, bringing site capacity to nearly 1.7 million tons per year.

July 31, 2019

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ExxonMobil recently announced that it has started production on a new high-performance polyethylene line at its Beaumont, Texas, polyethylene plant.

U.S. Chemical Industry Expansion Continues Despite Headwinds

Chemical industry growth is projected to exceed that of the U.S. economy through 2024.

July 10, 2019

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U.S. chemical industry output will continue to grow in 2019 despite a challenging global economy, according to the American Chemistry Council.

Wacker China silicon elastomers expansion

Top 5 News that Sticks

Wacker’s Capacity Expansion in China is Top News

Readers last week were most drawn to news from Wacker about its new production line in China.

Susan Sutton

July 1, 2019

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Does your company have news to share with the industry? Please send press releases to me at suttons@bnpmedia.com.

ExxonMobil and SABIC Agree to Proceed with Gulf Coast Growth Ventures Project

The joint venture between ExxonMobil and SABIC, called Gulf Coast Growth Ventures, received final environmental regulatory approval in June 2019 to build an ethane steam cracker, two polyethylene, units and a monoethylene glycol unit.

June 19, 2019

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ExxonMobil and SABIC recently announced the decision to proceed with the construction of a chemical facility and a 1.8 Mt ethane steam cracker in San Patricio County, Texas.