Americas
HP Impact: Fieldbus Foundation registers devices with advanced field diagnostics
The Fieldbus Foundation has registered the first FOUNDATION fieldbus devices incorporating advanced field diagnostics technology. The new registration requirements help to standardize how fieldbus dev..
HP Impact: Ethanol to hit refining profitability
Surging ethanol blending will undermine wholesale gasoline prices in the Atlantic Basin, starting in 2012, according to ESAI’s newly updated two-year outlook. The outlook says that ethanol will a..
HP Associations: Growing the fuel pool
Whether refiners like it or not, the drumbeat for renewable fuels grows daily. The building momentum for such fuels is boosted by government mandates and regulations. Unfortunately, the tidal wave for..
Emerson selected as main automation contractor for Petrobras' Comperj project
Petrobras has selected Emerson Process Management to provide process automation technologies and services for the petrochemical complex of Rio de Janeiro (Comperj) in Brazil.
ABB obtains Baldor Electric and expands industrial motion presence
ABB will acquire Baldor Electric in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement, ABB will commence a tender offer to purchase all of Baldor’s outstanding shares for $63.50 per share in cash.
INEOS and BASF establish global styrenics company called Styrolution
INEOS Industries Holdings and BASF SE intend to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends into a new joint venture called Styrolution.
Husky purchases property from ExxonMobil Canada and moves forward with Sunrise
Husky Energy has signed a purchase and sale agreement with ExxonMobil Canada Ltd. to acquire oil and natural gas properties in Alberta and northeast British Columbia.
BASF buys CRI/Criterion’s global styrene catalysts business
BASF has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed.
CSB applauds NFPA’s new committee on standards for gas processing safety
The chairman of the US Chemical Safety Board (CSB) applauded the National Fire Protection Association (NFPA) for its recent decision to establish a new technical committee to develop a comprehensive standard for gas processing safety, including the cleaning of fuel gas piping systems.
Tronox to resolve environmental liabilities with US government
The US Environmental Protection Agency (EPA), the US Justice Department and the US Attorney for the Southern District of New York announced that Tronox Inc. has agreed to resolve its environmental liabilities for $270 million and 88% of Tronox’s interest in a pending litigation.
- LyondellBasell to likely begin closure of Houston refinery (U.S.) this weekend 1/22
- Enilive (Eni) starts SAF production at 400,000-tpy Gela biorefinery in Sicily 1/22
- Digital Exclusive (sponsored): Improve efficiency via centralized data and advanced collaboration 1/22
- Topsoe to provide technology to Chuangui Lingang New Energy's 300,000-tpy SAF/renewable diesel plant in China 1/22
- Sri Lanka agrees with China's Sinopec to fast-track $3.7-B refinery 1/22
- South Korea's GS Caltex plans Yeosu refinery maintenance in late February 1/22
