Nacero Inc. has awarded to contractor Bechtel a front-end engineering and design (FEED) contract for a natural gas-to-gasoline manufacturing facility in Penwell, Texas.
Nine prefab modules, each nearly 3,700 tons, were delivered by a private Chinese contractor to a 40-million-tpy ethylene plant near Shanghai; U.S. market is next.
A second ethane cracker in the vast Marcellus and Utica shale basins took a major step forward with the March 12 announcement that Thailand-based PTT Global Chemical and its new partner, South Korea-based Daelim Industrial Co. Ltd., have nearly secured 500 acres on the Ohio River in Belmont County, Ohio, for their planned petrochemical complex.
Reliance Industries Ltd., India's largest private sector company with annual revenues in excess of $66 billion, has begun construction of a $12-billion coke gasification plant.
