Petrochemical

ExxonMobil considering net-zero carbon pledge

ExxonMobil Corp is considering a pledge to reduce its net carbon emissions to zero by 2050, in what would amount to a significant strategic...

Louisiana in the running for a $35M potato preservative facility

Food preservation company 1,4GROUP is considering Ascension Parish for a potential $35 million chemical processing facility.

Lightning strike forces closure of LyondellBasell’s Lake Charles polypropylene plant

An update is expected today on the closure of LyondellBasell's Equistar Chemicals polypropylene plant in Lake Charles late last week following a lightning strike,...

Methanex plans restart of $1.3B Geismar 3 project

Methanex will restart construction on a major expansion of its plant site in Louisiana, the global methanol producer announced late last week. Construction on the...

Lake Charles fire partly to blame for ‘worst chlorine shortage the country has ever...

A fire last August in south Louisiana during Hurricane Laura is being blamed in part for creating "the worst chlorine shortage the country has...

Gulf Coast refiners ramp up 2021 hurricane prep

U.S. oil and natural gas companies are gearing up for this year's forecast of an above-average Atlantic hurricane season, according to a security and...

Council grants tax breaks for $1.3 billion in Shintech projects

The Iberville Parish Council approved a $110 million tax break for plastics producer Shintech Louisiana last week under the state’s Industrial Tax Exemption Program....

Busy hurricane season threatens beleaguered Gulf Coast industry

The U.S. National Oceanic and Atmospheric Administration (NOAA) is predicting a 60 percent chance of an above-normal Atlantic hurricane season this year, although it...

February’s freeze caused largest-ever drop in ethane demand

In February 2021, extremely cold winter weather in the Gulf Coast region resulted in outages at most petrochemical plants in the area, causing the...

ACER plans $2 billion refinery in St. James, bids on Shell plant

American Clean Energy Refining LLC (ACER) announced May 23 that it plans to construct a new $2 billion refinery in St. James Parish, designed...

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