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Chinese operator starts up second PTA line

Tongkun Group Co. Ltd. subsidiary Jiaxing Petrochemical Co. Ltd. (JPCL) has commissioned a second purified terephthalic acid (PTA) unit at its petrochemical production plant at Zhejiang Zhapu Industrial Park in Jiaxing Port Area, Zhejiang Province, China. Equipped with Invista Performance Technologies’ (IPT) latest P8 proprietary PTA process technology, the first ...

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Oil, gas PSU mergers exempt from CCI approval

Merger and acquisition deals involving public sector oil and gas companies have been exempted from seeking the Competition Commission approval, says a notification. The corporate affairs ministry’s decision to exempt such deals from the ambit of the Competition Commission of India (CCI) comes against the backdrop of the proposed consolidation ...

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Jordan -Zarqa Combined-Cycle Power Project

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The 485MW Zarqa power plant is a combined-cycle gas turbine power project being developed in Zarqa, the Kingdom of Jordan. The natural gas-fired project is expected to generate an average of 3.2Twh of electricity a year, which is the consumption equivalent of approximately 620,000 individual residential customers. Proposed to generate early ...

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