Asia/Pacific
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
Air Products expands Korea nitrogen fluoride plant
Air Products is more than doubling its nitrogen trifluoride (NF3) capacity at its production facility in Ulsan, Korea. The new capacity is expected to be onstream in the second half of 2012.
INEOS licenses technology for China PP project
INEOS Technologies has licensed its Innovene PP process technology for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers to the Ningxia Baofeng Energy in Ningxia, China. The 300,000 tpy Innovene PP plant will produce a wide range of polypropylene products to serve the growing market in China.
UOP wins technology deal for China propylene plant
Honeywell’s UOP has been selected by Fujian Meide Petrochemical Co. to provide key technology to help meet growing Chinese demand for propylene. The new propane dehydrogenation unit at the facility will use UOP's C3 Oleflex technology to produce propylene, a material used in the production of materials such as films and packaging.
Air Products to supply gases for China solar facility
Air Products said it signed a contract with Hunan Gongchuang Photovoltaic Science & Technology Co. to supply bulk and specialty gases at its new silicon thin-film photovoltaic (PV) manufacturing facility in Hengyang City, Hunan Province, China.
Praxair to build air separation plant in west India
Praxair plans to build a new state-of-the-art air separation plant in the rapidly growing Pune-Mumbai industrial corridor of western India, the industrial gases firm said on Tuesday.
Alfa Laval wins order for heat exchangers from Qatar natural gas project
Alfa Laval has received an order from Japanese engineering company JGC Corp. to supply heat exchangers for a major natural gas project in Qatar. The order value is approximately SEK 90 million and delivery is scheduled for 2012.
Solutia adds to high-tech film manufacturing in Asia
Solutia has acquired additional capacity for its high-tech conductive film manufacturing operation in the Asia-Pacific region, continuing the company's expansion in support of the region's fast-growing mobile electronics and smart window markets.
Consider new processes for clean gasoline and olefins production
Advanced technologies promote propylene yield while reducing olefins in gasoline
Maximize propylene from your FCC unit
Innovative use of catalyst and operating conditions increases on-purpose olefin production
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28
