Asia/Pacific
HP News
Qatar Petroleum and Shell cancel $6.5-B petrochemical project in Qatar Royal Dutch Shell and Qatar Petroleum (QP) have canceled the $6.5-B Al-Karaana petrochemical project in Qatar, which will signifi..
HP Industry Metrics
Mid-January saw the continued decline of monthly average Brent crude oil prices, which fell $17/bbl from November to a monthly average of $62/bbl. The continual price decrease reflects US tight oil pr..
HP People
ABB’s board of directors unanimously nominated Peter Voser to succeed Hubertus von Grünberg as chairman.
Multi-faceted approach on energy efficiency methods
The hydrocarbon processing industry (HPI) is a high-energy-consuming business. After cost for feedstocks, energy is the next largest operating expense for an HPI facility. Since the first oil embargo ..
BASF opens Malaysia polymer dispersions plant
The wholly-owned production plant will benefit from close proximity to raw materials like the acrylic monomer complex at BASF Petronas Chemicals in Kuantan.
Amec Foster Wheeler awarded work on new China coal-to-chemicals project
Amec Foster Wheeler will be part of an integrated project management team responsible for the management of the engineering, commercial, procurement, health and safety, quality and project controls activities.
Indorama buys new Polyplex PET plant in Turkey
Following the acquisition of the 130,000-tpy Artenius Turkpet plant (now renamed Indorama Ventures Adana PET) in the second quarter of 2014, the company will have a combined capacity of 382,000 tons, making IVL the top domestic PET producer in Turkey and the Southeast Europe region.
GTC licenses novel toluene alkylation technology at new China refinery
GTC Technology has signed an agreement with Shandong Sincier Chemical Group to provide its GT-TolAlk-licensed technology for a 280,000 tpy toluene alkylation unit.
Cleantech wins $13M equipment order for China ethylene glycol project
The order covers parts and equipment including washing, distillation, purifying, dehydration, refining and other columns, along with storage containers, heat exchangers and carbonation reactors that will be used in a project to transform glycol calcium carbide furnace tail gas into ethylene glycol.
Maximize LPG recovery from fuel gas using a dividing wall column
Refiners are challenged to recover LPG from mixed fuel gas streams due to the difficulty of separating the lighter components from bulk gas. To maintain profitability, it is essential to direct all of the crude oil components to the optimum disposition. This practice is becoming more significant due to increasing LPG demand in some countries and the supply of lighter crudes in countries such as the US.
- 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
