Americas
AL WAHA Petchem to use Honeywell’s IIoT technology to improve plant performance
DES PLAINES, Ill., -- Honeywell announced that it will provide its IIoT-based Connected Performance Services (CPS) offering to AL WAHA Petrochemicals Company to explore possibilities of maximizing propylene production.
Enterprise to build isobutane dehydrogenation unit in Texas
HOUSTON -- Enterprise Products Partners L.P. announced plans to construct a new isobutane dehydrogenation (“iBDH”) unit in Mont Belvieu, Texas that will have the capability to produce 425,000 tpy of isobutylene. The project, which is supported by long-term contracts with investment-grade customers, is expected to be completed in the fourth quarter of 2019. The isobutylene produced by the plant will provide the necessary feedstock to fill underutilized capacity at Enterprise’s existing downstream octane enhancement and petrochemical facilities.
Dixon Valve & Coupling acquires ADS Controls
CHESTERTOWN, Md. – Dixon Valve & Coupling Company, a manufacturer and supplier of hose fittings and accessories, announces the acquisition of Automated Design Services, Inc. (ADS Controls) of Covington, La.
Venezuela names new leaders at oil firm PDVSA to 'defeat corruption'
CARACAS (Reuters) -- Venezuela's president on Sunday created an executive vice president post and named new vice presidents to lead PDVSA in what he described as a shake-up of the state oil company and an effort to root out corruption in the OPEC nation's principal industry.
Oil extends declines on rising US output
TOKYO (Reuters) -- Oil prices extended declines on Monday, dragged down by signs of growing production in the United States that could partly offset output cuts by OPEC and other producers.
GE collaborates with Canadian university to produce biosolids fertilizer
GUELPH, ONTARIO, CANADA — GE’s Water & Process Technologies today announced it is collaborating with the University of Guelph (U of G) in Ontario, Canada, on a federal government-funded, research initiative to maximize renewable energy generation and simultaneously produce a pathogen-free biosolids fertilizer.
ACC: US chemical production ended 2016 on a soft note
WASHINGTON – According to the American Chemistry Council (ACC), the US Chemical Production Regional Index (US CPRI) fell back 0.2% in December, following a 0.2% gain in November and a 0.1% decline in October, as measured on a three-month moving average (3MMA) basis. In December, chemical production was lower across all regions.
Traveling sauna in US will run on Neste renewable diesel
When traveling the US roads in 2017, drivers may encounter a surprise amidst the conventional cars, trucks, and 18-wheelers. Throughout the year until December, a fully-functional Finnish sauna on wheels will travel 12,000 miles across the country. Neste is a sponsor of the Traveling Sauna, which is one of the many ways in which Finland celebrates its 100 years of independence in 2017.
EIA: Mexican gasoline market reforms could influence US gasoline export trends
The Mexican government is in the process of opening its gasoline and diesel markets to outside competition and replacing government-set prices with market-based prices. Last year, Mexico began allowing entities other than the state-owned company Petróleos Mexicanos (Pemex) to import gasoline and diesel and open retail stations.
Brazil's Petrobras reduces diesel and gasoline prices at refineries
SAO PAULO (Reuters) -- Brazil's state-run oil company Petroleo Brasileiro SA announced on Thursday it is reducing diesel and gasoline prices at refineries, reflecting the fall in international petroleum products prices and the appreciation of the local currency against the dollar.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
