Rhodes, Mike
People
ValvTechnologies Inc. has named Herman Benard Jr. as director of manufacturing. He will have senior management responsibility for the achievement of production, productivity, quality, safety and customer satisfaction goals, as well as spearheading manufacturing process continuous improvements.
Industry Metrics
Healthy US domestic gasoline demand continued, despite supply pressure from refineries returning from maintenance and resumed Colonial Pipeline operations.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
People
Abdulaziz F. Alkhayyal has been elected to the board of directors of Marathon Petroleum Corp., increasing the board’s size to 11.
People
Dr. Christoph Wegner will become president of BASF’s Information Services and Supply Chain Operations division, effective December 1, 2016.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Industry Metrics
European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.
People
Honeywell UOP president and CEO Rebecca Liebert has been named by Profiles in Diversity Journal as a winner of its 15th annual Women Worth Watching Awards.
Industry Metrics
Asia refining margins fell despite strong regional demand.
People
Courtney McShane has joined Willbros Group Inc. as director of business development for the Marcellus Shale region and Eastern Seaboard.
- 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
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
