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30-Mar-2004 - BP today said that it is moving to a twin-track strategy and management approach for its petrochemicals segment. BP will now approach aromatics and acetyls differently from olefins and derivatives (O&D). BP outlined key differences in the following areas: Investment - organic capital ...
19-Feb-2004 - BP Chemicals has announced the closure of the last manufacturing plant at its Baglan Bay site in Port Talbot, South Wales. Production of Isopropanol is scheduled to cease on 31st March 2004 and will mark the end of over 40 years of petrochemicals manufacturing at the site. The closure will ...
12-Feb-2004 - BP and Sasol Polymers have signed an agreement to license BP's Innovene polypropylene process technology for the expansion of Sasol's polypropylene facilities located in Secunda, Republic of South Africa. The new plant will have an annual capacity of 300,000 tonnes, produce homopolymers, random ...
11-Nov-2003 - BP and China Petrochemical International Company, a Sinopec Corporation company, have reached an agreement to license BP's Innovene gas phase polypropylene process technology for the upgrading of Sinopec's Beijing Yanhua Petrochemical Company Limited Polypropylene manufacturing complex. The ...
22-May-2003 - BP, on behalf of its co-venturer, today announced plans to develop the Rhum gas field at a cost of around £350 million. Development of the Rhum field, which was discovered in 1977, is challenging. The gas reservoir is subject to extreme temperatures and high pressure. Development of the field ...
08-May-2003 - BP announced today that it has increased its interests in its Taiwanese and Korean PTA * joint ventures. BP now owns 59.02 per cent of China American Petrochemical Company in Taiwan and 47.41 per cent of Samsung Petrochemical Company in Korea. As a result of the two deals, BP's equity PTA* ...
07-May-2003 - Today BP participated in the launch of a fleet of hydrogen-fuelled buses to be introduced to cities across Europe. BP is the major supplier of hydrogen and associated refuelling infrastructure to this bus fleet. The buses and refuelling infrastructure are being introduced as part of the Clean ...
29-Apr-2003 - The shareholders of PT Petrokimia Nusantara Interindo (PT PENI) announced today that they have sold the company to the Indika Group for $50 million. The transaction was completed on April 25, 2003. PT PENI, owned 75 percent by BP and 12.5 percent each by Sumitomo and Mitsui, operates a ...
28-Mar-2003 - BP announced that it has begun detailed engineering design for the construction of a new world-scale purified terephthalic acid (PTA) production plant at its Geel petrochemicals site in Belgium. The detailed design for the new plant will be carried out by Technip Italy (the engineering centre ...
26-Mar-2003 - BP Solar announced it has achieved a world record in solar cell efficiency for a 125mm size cell. The 18.3 percent efficiency was verified by the Fraunhofer Institut Solare Energiesysteme in Germany. The 18.3 percent efficiency represents an 11 percent improvement over the 16.5 percent ...
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