Rhodes, Mike
Innovations
To test developments of pumps and systems under even more realistic conditions, LEWA has inaugurated a specially developed container test bench that will be used for experiments with hot or explosive fluids.
Industry Metrics
US refinery intake was affected by heavy rain, floods and tornadoes in the Midwest, contributing to inventory drawdowns and supporting the jet/kerosene and diesel markets.
Innovations
Librestream and ecom, a Pepperl+Fuchs brand, have collaborated on an innovation for asset analysis and safety inspections in hazardous locations: the Onsight Cube-Ex wearable camera.
Industry Metrics
In the US, continued gasoline–related tightening exerted upside pressure on prices, despite improvement in refinery throughputs as refineries returned online.
People
Stress Engineering Services Inc. (SES) has promoted Kenneth Bhalla to Chief Technology Officer (CTO).
Innovations
Alfa Laval has introduced wide-opening design plates in its Packinox heat exchangers.
Industry Metrics
A combination of planned and unplanned refinery outages affected US gasoline production, resulting in considerable declines in inventory levels.
People
Geoffrey Somary has been named CEO of Ipsen Group worldwide, succeeding Thorsten Krüger, who will move to the company’s advisory board. Since 2005, Mr. Somary has held several senior positions within Ipsen.
Innovations
Industrial workers can strengthen their grasp of production and make more informed operating decisions with the new Allen-Bradley CompactLogix 5480 controller by Rockwell Automation.
Industry Metrics
All main US products performed positively as refinery product outputs declined considerably and led to a fall in inventory levels, fueling bullish sentiment.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
- U.S. okays transactions with Lukoil gas stations outside Russia through late April 12/5
