Americas
DCP begins construction of Sand Hills pipeline to transport NGLs to Gulf coast
The board of directors for DCP Midstream has approved the construction of the Sand Hills pipeline to provide new capacity for natural gas liquids (NGL) transportation from the Permian and Eagle Ford producing basins to market centers along the Gulf coast. Planning and field work for Sand Hills has been underway for several months and now construction activities will accelerate, the company said.
INEOS venture receives $75mn in US financing for Florida bio-refinery project
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida.
Valero restarting Memphis refinery after recent fire
US refiner Valero is restarting units at its Memphis refinery in Tennessee, which was shut down on Aug. 5 due to a fire in a crude distillation unit. The restart will begin with one of the crude distillation units, FCC, and other key units, the company said.
KBR to expand DuPont offices at Delaware campus
KBR announced that its Building Group subsidiary has been awarded the second phase of a multi-phase expansion at DuPont’s Chestnut Run Plaza, the chemical major’s suburban campus in Wilmington, Del.
US invests $510m on military, commercial biofuels
President Barack Obama announced that the US Departments of Agriculture, Energy and Navy will invest up to $510 million during the next three years in partnership with the private sector to produce advanced drop-in aviation and marine biofuels to power military and commercial transportation.
Dow Corning starts production of monosilane gas for use as solar feedstock
Dow Corning said on Wednesday that it has begun production of high-purity monosilane gas - a key material used as an anti-reflective solar cell coating and as a feedstock for photovoltaics.
Praxair acquires Ohio gas distributor Weldco
The distribution subsidiary of industrial gases major Praxair has acquired Weldco, an independent distributor of industrial and specialty gases and ancillary welding equipment, supplies and services. With 23 employees and sales of $8 million, Weldco is considered a market leader in Cincinnati, Ohio, which is one of the top 20 welding markets in the US.
Air Products opens Calif. hydrogen fueling station using wastewater as feedstock
Air Products officially opened its newest California hydrogen fueling station, drawing its feedstock from a sustainable source. Air Products is pumping hydrogen into fuel cell vehicles that is generated from the municipal wastewater treatment plant at the Orange County Sanitation District (OCSD) in Fountain Valley.
Sunoco to sell Ohio phenol plant for $106.5mn
US refiner Sunoco has agreed to sell its phenol manufacturing facility in Haverhill, Ohio, to Haverhill Chemicals, an affiliate of Goradia Capital LLC. Sunoco will sell the facility and the estimated value of the product inventory attributable to the facility for a combined price of approximately $106.5 million, it said.
BASF to raise global capacity for copper catalysts
BASF announced a new round of capital investment projects to increase its production capacity and further enhance its global manufacturing operations for copper and copper-chrome catalysts. These investments are aimed at improving catalyst manufacturing efficiency to meet increased global demand, the company said.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
