Americas
Tesoro to convert Hawaii refinery to import terminal
Tesoro had been trying to sell the 94,000 bpd refinery since January 2012 because of eroding profit margins. The conversion to an import facility, expected to occur in April, will allow Tesoro to cut costs related to processing fuel there while still allowing the company to distribute fuel in the state.
TransCanada chosen for Canadian pipeline project to LNG export terminal
Calgary, Alberta-based TransCanada said it expects to finalize definitive agreements for the Prince Rupert Gas Transmission project early this year. The proposed pipeline will transport natural gas primarily from the North Montney gas-producing region near Fort St. John, British Columbia.
Foster Wheeler acquires US biotech construction firm Yonkers Industries
The 30-year-old, US-based company specializes in the management of construction and commissioning of pharmaceutical and biotech facilities, with capabilities to also manage the full EPCm (engineering, procurement and construction management) of such facilities.
Dow restarts long-idled Louisiana olefins cracker
According to Dow, the St. Charles plant located near Hanville, La., began producing on-spec ethylene on Dec. 25, meeting previously announced goals to restart the site by the end of 2012. The St. Charles cracker, which was idled in January 2009, reportedly has a capacity of 380,000 tpy.
Phillips 66 signs oil-by-rail contract for Bayway refinery in New Jersey
The contract with Global Partners also cements North Dakota crude's hold in the East Coast refining belt, where two other refiners already get Bakken crude by rail.
Valero venture to construct Texas marine terminal
Valero's marine terminal will receive crude tankers of up to Suezmax class, and will be able to operate without the daylight restrictions imposed on other terminals in the upper Sabine-Neches waterway. The crude dock is scheduled for completion in the fourth quarter of 2013.
Foster Wheeler expands North American offering of CFB scrubber technology
Although Foster Wheeler has provided this technology globally for more than a year, it was previously offered in North America exclusively through a third party under a licensing arrangement. Foster Wheeler acquired the Graf Wulff CFB scrubber technology due to its flexibility to meet new tightening regulations.
Maryland court denies objection to Dominion LNG export proposal
Dominion will move forward with engineering and regulatory review processes after a judgment confirmed its right to build liquefaction facilities at the group's Cove Point facility.
Arkieva upgrades supply chain software for INEOS
INEOS upgraded to version 4.6 of the suite, which will enable them to benefit from the latest features of the software, such as improved analytics and performance monitoring, and also allow better integration with the latest Windows version, according to company officials.
Alfa Laval buys US heat transfer product supplier Air Cooled Exchangers
ACE is expected to generate sales of approximately SEK 350 million ($54 million) in 2012, with profitability well above the average for the Alfa Laval Group. The intention is to integrate Air Cooled Exchangers into the company's energy and environment segment, within the process technology division.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
