Americas
Plains acquires Canadian NGL, LPG business of BP
BP says that the sale of its Canadian natural gas liquids (NGL) business to Plains has been completed. The business includes assets involved in the extraction, gathering, fractionation, storage, distribution and wholesale marketing of NGLs across Canada and in the Midwest US.
Air Products wins top safety improvement award from US gas group
Air Products was recognized Thursday for its improvement in occupational safety, receiving the annual Leonard Parker Pool Award from the US Compressed Gas Association (CGA) trade group. The award is based upon the total recordable incidence rates, as defined by OSHA.
PPG, Argex form technical partnership on TiO2
PPG Industries says it has entered into a technical collaboration deal with Canada's Argex Mining to utilize PPG’s existing technology and know-how relating to the manufacture of titanium dioxide pigment for paints and coatings applications. Both companies have agreed to certain terms of mutual exclusivity.
UOP to expand adsorbents, catalysts production at Alabama facility
Honeywell's UOP will invest $20 million to expand its production facility in Mobile, Ala., to produce adsorbents and catalysts. The products are often used by petrochemical producers and refiners. The expansion is expected to be completed in the fourth quarter of this year, according to the company.
Petrobras reportedly in talks to buy Manguinhos refinery in Brazil
Brazil's government-run oil company Petrobras, is in talks to buy the local privately-owned refinery Refinaria de Petroleo Manguinhos SA for at least 2 billion Brazilian reais ($1.1 billion), a local newspaper said over the weekend. Petrobras and Manguinhos officials weren't immediately reached for comment.
Dow Chemical to close plants amid cost cuts, cites weak Europe economy
Dow will shut down three insulation products plants as well as idle a plant in Terneuzen, The Netherlands. The company is also closing its TDI plant in Camaçari, Brazil.
Foster Wheeler inks global services pact with Dow
Foster Wheeler has signed a strategic umbrella agreement with Dow Chemical for the provision of project management, consulting, engineering, procurement, construction management, and construction services. The deal offers support by Foster Wheeler to selected Dow global capital projects, the companies said.
Chevron Phillips to build on-purpose 1-hexene plant at Texas complex
Chevron Phillips will build the world’s largest on-purpose 1-hexene plant, capable of producing up to 250,000 tpy (551,000,000 lbs) at its Cedar Bayou chemical complex in Baytown, Texas. The project is anticipated to start up during the first quarter of 2014. Costs were not disclosed.
CB&I wins $50mn deal for Canadian oil sands work
CB&I said Monday that has been awarded a contract, valued in excess of $50 million, for an oil sands project in Canada. The scope of work primarily includes the assembly of coke drums and a fractionator tower, according to the company. Details on the oil sands producer were not disclosed.
Alternate feedstock options for petrochemicals: A roadmap
New hydrocarbons will be needed to meet future demand
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