Process Industries

Analysis: New facilities spotlight next-generation biofuels

(Reuters) - After a decade of promise, advanced biofuels makers are entering a crucial make-or-break period with the first of a new generation of production facilities about to come on line.

Petronas inks deal with Itochu, PTT Global Chemicals

(Reuters) - Malaysia's state oil firm Petronas said on Friday it has signed a head of agreement with Japan's Itochu Corporation and Thailand's PTT Global Chemical Pcl to build two separate petrochemical complexes.

U.S. natgas liquids glut to persist -CP Chemical CEO

(Reuters) - Chevron Phillips Chemical Co, one of the top five U.S. chemical companies by volume, believes the oversupply of natural gas liquids (NGLs)that feed its U.S. plants is unlikely to be eliminated for another four or five years.

Iran petchem exports plunge due to EU sanctions-traders

(Reuters) - Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in Iran, cannot find insurance to transport cargoes due to EU sanctions, according to traders and shipping data.

GE reaches deals to buy two mining equipment firms

(Reuters) - General Electric Co (GE.N) said on Tuesday it was buying two mining equipment firms, Australia's Industrea Ltd (IDL.AX) for $700 million as well as a privately held U.S. company, as it seeks to boost its presence in a $61 billion industry.

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