Latest Petrochemicals manufacturing News

Westlake Chemical plants in LA, KY to cut air pollution

Jun. 09, 2022 20:04 PM EDT

WESTLAKE, La. (AP) — Three subsidiaries of a Texas-based petrochemical company on Thursday settled allegations that they violated federal and state pollution control laws. The U.S. Department of Justice, in a news release, said Westlake Chemical Corporation agreed to make upgrades...

Venezuela plans stock sale in break from socialist model

May. 14, 2022 13:16 PM EDT

CARACAS, Venezuela (AP) — Venezuela’s government is seeking private investors to pump funds into vital but crippled state-run companies, decades after seizing them in the name of socialism. The government on Monday intends to offer 5% to 10% stakes in companies ranging from...

California subpoenas ExxonMobil in probe of plastics waste

Apr. 28, 2022 21:18 PM EDT

SACRAMENTO, Calif. (AP) — California's attorney general on Thursday subpoenaed ExxonMobil as part of what he called a first-of-its-kind broader investigation into the petroleum industry for its alleged role in causing a global plastic pollution crisis, allegations that the company called...

Firm pays back $20M, insists petrochemical project viable

Mar. 30, 2022 13:59 PM EDT

CLEVELAND (AP) — The U.S. subsidiary of Thailand-based petrochemical giant PTT Global Chemical has repaid Ohio's private economic development office $20 million after it failed to make an investment decision in 2020 on a proposed petrochemical plant in the state. Spokespersons for...