Construction
Brazil seizes $655 M in assets from Odebrecht, OAS, executives
Brazil's federal auditing court, ordered the seizure of about $655 M worth of assets from engineering firms Odebrecht SA and OAS SA and some of their executives, to recoup losses from contracts related to the country's biggest ever corruption scandal.
Veolia to provide wastewater treatment system for LACC ethane cracker and Lotte MEG plant
CB&I has chosen Veolia Water Technologies to engineer and procure a wastewater treatment package for a Lotte Axiall Chemical Company ethane cracker and associated monoethylene glycol plant being constructed in Lake Charles, Louisiana.
Flint Hills Resources to construct $20 M fuel terminal expansion
Flint Hills Resources will begin construction on a $20 M expansion of its Waupun, Wisconsin fuel terminal.
KBR awarded construction contract for Chemours new Corpus Christi facility
KBR will build a large-scale manufacturing plant to produce hydrofluoroolefins for Chemours.
Meridian Energy Group selects Vepica USA, to undertake engineering definition of Davis refinery
Meridian Energy Group has finalized its selection of Vepica USA, Inc. to perform the engineering definition for the Davis refinery.
Wison Engineering awarded new EPC contracts by Connel Chemical for MTO project
Wison Engineering has been awarded an EPC contract for a 300kta methanol-to-olefins unit, the first phase of Connel Chemical Industry Ltd.’s 600kta MTO plant.
Engineers and Constructors International, Inc. acquires Simon Carves Engineering, Ltd.
Engineers and Constructors International, Inc., a wholly owned subsidiary of Mitsui Engineering and Shipbuilding Ltd., acquired Simon Carves Engineering, Ltd.
Chevron Phillips Chemical completes next-gen polyethylene pilot plant
Chevron Phillips Chemical completed construction of its leading-edge polyethylene pilot plant at its research and technology facility in Bartlesville, Oklahoma.
Global Project Data
New downstream project announcements have continued to decrease since April.
Business Trends: The state of the global downstream construction sector
Capital-intensive investments are being made in every sector of the hydrocarbon processing industry, in every region.<br>
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
