Iraq starts work on southern oil refinery expansion – oil ministry


Iraq has started work on expanding its oil refinery near the southern city of Basra by adding 70,000 barrels per day to processing capacity, the oil ministry said. The Shuaiba refinery’s capacity should increase to 280,000 bpd by the end of the year, as a result of the expansion, the statement said. Iraq, Organization of the Petroleum Exporting Countries’ (OPEC) second largest oil producer, wants to build new refineries as its oil processing capacity was severely curtailed by damage to its largest plant in Baiji, north of Baghdad, when it was captured by Islamic State militants in 2014. Read more

 

Cepsa said that it will implement a new upgrade project to expand production at its Puente Mayorga chemical plant in San Roque (Cadiz, Spain). The revamping process covers the installation of Detal technology, co-licensed by Cepsa and UOP, the most modern and efficient technology for the production of linear alkylbenzene (LAB), as well as increasing production capacity at the plant from 200,000 to 250,000 tonnes. The project helps to strengthen Cepsa’s international leadership position in the production of linear alkylbenzene (LAB).  Read more

 

Sun Chemical and its parent company, DIC Corporation said that it will increase the production capacity of its Dailube extreme pressure additives, at its eco-friendly plant in Kashima, Japan. The increase will be 6,000 tonnes per annum. The move will better serve customers around the globe as well as promote and deliver its trusted and market leading sulfurized extreme pressure additives into new and existing markets. Optimized for metalworking fluids used in cutting, forming and rolling, Dailube extreme pressure additives are light in colour, Read more

 

The global paint additives market size was estimated at $6.5 billion in 2016. The market is majorly driven by growing demand from industrial and architectural end-use verticals. There has also been an increase in the usage of paints and coatings in the construction as well as the automotive sectors, due to favorable solvent properties. Increased spending on construction activities and surge in auto sales, especially in emerging countries of Asia Pacific, is expected to fuel demand for paints and coatings, which will have a positive impact on demand for paint additives over the forecast period. Read more

 

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