Americas
Huntsman plots expansion for US epoxy resins
US-based chemicals major Huntsman has begun initial plans to expand its epoxy resins product lines by launching a multi-million dollar engineering study at its facility in McIntosh, Alabama.
GE sees rising gas turbine sales in North America
GE has received more than $1 billion in orders for heavy duty and aeroderivative gas turbines for projects throughout North America in 2011, underscoring a growing trend to use abundant, cleaner-burning natural gas for power generation. That figure is up more than 10% from 2010, the company said.
BP given brunt of blame in final Gulf oil spill report
A final investigation report released by US regulators on Wednesday found BP largely at fault in the Deepwater Horizon rig explosion and resulting oil spill in April 2010.
Shell mulls new Louisiana-to-Texas crude pipeline
Shell Pipeline Co. is considering building a new pipeline segment (Westward Ho) to move crude from St. James, Louisiana to the Golden Triangle area of southeast Texas, the company said on Wednesday.
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
Chevron Phillips, Sumitomo venture to shut down Texas polypropylene unit
Chevron Phillips Chemical (CPChem) has reached an agreement with partner Sumitomo Chemical Co. to permanently shut down polypropylene assets jointly owned by the Phillips Sumika Polypropylene Co. (PSPC) venture in Pasadena, Texas.
Process optimization to grow 9%/yr to 2015 - study
The real-time process optimization and training (RPO) market is expected to grow at a compound annual growth rate (CAGR) of over 9%/year over the next five years, according to a new study from ARC Advisory Group.
Gevo wins US patents for bio-isobutanol production
Advanced biofuels firm Gevo received two patents from the US Patent and Trademark Office (USPTO) on technologies that enable the low-cost, high-yield production of bio-based isobutanol.
Sasol plans gas-to-liquids complex in Louisiana
South Africa-based energy and chemicals group Sasol will execute a feasibility study on a proposed gas-to-liquids (GTL) facility in southwest Louisiana. The project is slated to be the first plant in the US to produce GTL transportation fuels and other products, the company said.
Dow to use AspenTech engineering software on petrochemical projects
US software and services provider Aspen Technology (AspenTech) said that Dow Chemical is using its aspenOne engineering software to guide capital-cost decisions on large-scale petrochemicals projects.
- Russian fuel exports fall in 2024 as drone attacks, bans add to sanctions pressure 1/20
- India refiners ask ADNOC to offer oil delivered price as freight spikes 1/20
- China's 2024 low-sulfur marine fuel exports dip 1.6% vs. 2023 1/20
- Marathon restarts hydrotreater at Galveston Bay Refinery, Texas (U.S.) 1/20
- Sungrow Hydrogen wins supply contract for 320-MW green ammonia project in Oman 1/20
- Indonesia expects EU to adjust palm oil biofuel stance after EU ruling 1/17
