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November 2022

 

Catch up with 6 stories BIC subscribers clicked on the most this month!

 

CP Chem names EPC and key contractors for $8.5 billion project in Orange, Texas

The companies have made a positive final investment decision on the project and created a joint venture company, Golden Triangle Polymers Company LLC, named for the Golden Triangle region of Texas that includes the city of Orange. 

 

LyondellBasell evaluates propylene expansion project

The potential expansion would involve building a new propylene facility using LyondellBasell's existing technology to convert ethylene into propylene for use in the production of polypropylene and propylene oxide.

Occidental to build world’s largest DAC plant

Site preparation and road work is scheduled to begin in late 2022 and start-up is expected in late 2024.

 

Arkema reviewing plant expansion

A potential chemical plant expansion could provide a $100 million+ boost to the economy. The Jefferson County Commissioners Court has approved a property tax agreement, including an abatement, with Arkema Chemicals.

 

Louisiana positioned to be a leader in carbon capture

From New Orleans to Natchitoches and every parish in between, Louisiana is an energy state. In 2021, Louisiana was the third largest producer of natural gas in the United States and among the top 10 crude oil producing states.

 

VIDEO: In-the-Know with Thomas Brinsko: 5 reasons why oil consumption growth will outpace production growth

BIC Magazine’s CEO Thomas Brinsko discusses OPEC+'s oil demand forecast for 2023, the declining number of DUCs and how the SPR's release policy needs to end.

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