Americas
CB&I inks $300mn EPC contract for new US natgas processing plant
CB&I has been awarded a contract in excess of $300 million for a new natural gas processing plant in the northeast US, the company said on Tuesday.
Swiss Lonza to buy biocides firm Arch Chemicals
The Switzerland-based Lonza Group, one of the world's leading suppliers to the pharmaceutical, healthcare and life science industries, will acquire US biocides company Arch Chemicals for $47.20/share in cash, or about $1.2 billion.
Goodyear closes Tennessee tire plant, may signal reduced SBR demand
The Goodyear Tire & Rubber Co. has ceased production at its tire manufacturing facility in Union City, Tenn., the company said on Monday. The tire market is a major consumer of petrochemicals such as styrene-butadiene rubber (SBR).
EPA says no toxic chemicals found in Montana river after ExxonMobil oil spill
Following an oil spill from ExxonMobil Pipeline Co., water in Montana’s Yellowstone River is safe and shows no elevated levels for volatile organic compounds, according to the US Environmental Protection Agency (EPA).
NexLube to build used oil re-refinery in Florida with technology input from Axens, Viscolube
NexLube plans to begin construction of a used oil re-refinery and blending plant in Tampa, Florida, using Revivoil technology from Axens and Viscolube. The facility is expected to process 24 million gal/year of dehydrated used oil.
M&G picks Corpus Christi as site for new PET plant
M&G Group, the largest Americas producer of polyethylene terephthalate (PET) for packaging applications, has selected Corpus Christi, Texas, as the location for its previously-announced 1 million tpy PET plant and accompanying 1.2 million tpy terephthalic acid (PTA) plant.
Williams to expand US mid-Atlantic natgas pipeline
Williams Partners said Monday that the US Federal Energy Regulatory Commission (FERC) approved a proposal to expand its Transco natural gas pipeline to provide an additional 142,000 dekatherms of incremental firm transportation capacity to serve growing markets in the mid-Atlantic region by November 2012.
Engineering firm Bechtel buys delayed coking technology from ConocoPhillips
Global engineering firm Bechtel has purchased ConocoPhillips’ leading delayed coking technology, a move that uniquely positions Bechtel for growth in the refining industry, the companies said on Tuesday.
Natural gas company Chesapeake seeks to reduce US dependence on OPEC oil
In an effort to help break what it described as a 38-year stranglehold by OPEC on the US economy, Chesapeake Energy unveiled a plan that it says offers a scalable and affordable pathway toward a transportation future that runs on domestic supplies of natural gas and oil from deep shale and other unconventional formations.
Shipper commitment period extended for proposed Cushing-to-Houston crude pipeline
Enterprise Products and Energy Transfer today announced a three-week extension of the binding open commitment period for capacity on the proposed Double E crude oil pipeline from Cushing, Oklahoma to Houston.
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