Asia/Pacific
Global petrochemical prices fall to six-year lows
Petrochemical prices, expressed as a monthly average, fell $102/ton from August to $786/ton in September. This is the second straight month where the average price has fallen over $100.
Praxair starts up new air separation plant at East China chemical complex
Through a long-term contract, the 600-tpd plant will supply on-site, high-purity oxygen and nitrogen to Oxiran, a leading industrial company focused on the development and sale of ethylene oxide derivative (EOD) chemicals in China.
Improve refinery margins with new crude selection concept
A refinery with an active crude selection strategy encompassing dedicated staff, preapproval of all new crudes and an updated crude acceptance window can gain $0.5/bbl–$1/bbl vs. a more passive strategy.
Maintaining gas system accuracy and reliability through calibration
In the process industries, laser-based analytical techniques have emerged as a popular method of examining process line samples because of their high level of durability, fast response time and minimal maintenance requirements.
Managing the recovery from the Jaipur oil terminal fire
In October 2009, a devastating fire at the oil terminal in Jaipur, India, killed 11 people, injured many more and incurred a significant financial loss.
HP Industry Metrics
High US refinery utilization rates have continued, encouraged by strong gasoline demand amid lower crude prices.
Varied solutions to the challenges of sulfur management
As governments impose progressively stringent limits on the sulfur content of fuels, the refining industry and the hydrocarbon processing industry (HPI) are increasing their focus on sulfur removal to maximize profits from sulfur-rich oil and gas resources.
LyondellBasell adds polypropylene compounder SJS Plastiblends in India
In August, LyondellBasell announced a definitive agreement to acquire SJS, a polypropylene (PP) compounds manufacturer located in Aurangabad, Maharashtra, India.
Elliott Group to open new India service center for turbomachinery equipment
The Bengaluru service center is fully equipped and staffed to repair all components of centrifugal and axial compressors, steam turbines, and hot gas expanders, including diaphragms, rotors, impellers, blades, bearings, and casings.
BASF, Genomatica expand global BDO licensing from renewable feedstock
The revised license agreement allows BASF to build a world-scale production facility that will use the Genomatica process to manufacture renewable BDO.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
