Asia/Pacific
Air Products to supply gases for China LCD facility
Air Products said Tuesday that it signed a long-term contract with Xiamen Tianma Microelectronics to supply bulk gases, including ultra high-purity nitrogen and oxygen, hydrogen, argon, and helium, at a new facility in China. Financial terms of the contract were not disclosed.
UOP opens gas processing membrane production center in Malaysia
UOP has opened a manufacturing and operations center in Penang, Malaysia, to produce natural gas membrane elements to support the growing natural gas market. Removing impurities is necessary before the gas can be used as fuel, as a source for petrochemicals or distributed by pipeline.
Technip to buy Shaw energy, chemicals business
Shaw is selling the segment to Technip for $300 million in cash, adding that further collaborations between the two companies are possible for Shaw’s core business units. The companies further agreed to work toward developing future business relationships involving Shaw’s core business units.
WR Grace eyes new China refining catalysts plant
W. R. Grace has signed an agreement with the Qingdao Bureau of Commerce for an investment in China to manufacture fluid catalytic cracking (FCC) catalysts and other related products for the refining industry. Construction dates and financial terms of the investment were not disclosed.
Shell remains committed to natural gas plan - CEO
Royal Dutch Shell believes rising natural gas demand will underpin its future profits, even though oil pricing still accounts for 80% of its margins, its CEO Peter Voser said on Tuesday. Despite a recent drop in US gas prices, the long-term pricing outlook for natural gas remains strong, he noted.
PetroSA partners with China's Sinopec to build new South Africa refinery
South Africa's national oil company PetroSA will partner with China Petroleum and Chemical Corp. (Sinopec) to build a new refinery that was originally planned to produce several thousand barrels of oil a day and cost several billion dollars to build. PetroSA first announced plans for the refinery in 2008.
Phillips 66 licenses technology to Reliance for India gasification project
The planned gasification plants at the massive refining complex in Jamnagar will process petroleum coke and coal into synthesis gas for use as chemical feedstock.
RINA to project manage FLNG terminal in Indonesia
RINA Group will deliver concept selection, FEED, support during negotiations with potential shipyards, project management during construction, and support for commissioning for a new floating LNG terminal in South Sumatra, Indonesia. The terminal is expected to come into service in mid-2014.
Refinery upkeep costs poised to rise, says Tyco
Refinery maintenance will likely become more expensive in the next few years as operators have to make costly changes to comply with new environmental regulations.
Fluor finishes China polysilicon plant for LDK Solar
Fluor Corp. has completed construction for LDK Solar’s polysilicon plant in Xinyu City, China, one of the largest such production facility in the world. Fluor said it continues to provide debottlenecking services at the plant and is implementing new technologies to increase production.
- 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
