Petchem major to generate power.

Petchem major to generate power. SABIC Innovative Plastics -- one of Vectren's major utility customers -- says it plans to start generating some of its own electricity at its Mount Vernon, Indiana, campus by 2017. Sabic's Mount Vernon plant, which employs about 1,200 people, produces speciality plastics for a variety of products, from auto parts to helmets.The company announced it plans to build a cogeneration plant -- a...

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Asian petchem switch to LPG.

Asian petchem switch to LPG. Asia petrochemicals firms are building tanks and retooling plants to store and process liquefied petroleum gas imported from the United States, counting on a flood of supply from the shale boom to replace costlier naphtha as a raw material.Samsung Total Petrochemical, LG Chem and Royal Vopak are among a number of companies in Asia expanding import terminals or retrofitting plants over the next...

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