Petrochemicals
ACC: US resin production down slightly, sales up in January
WASHINGTON, DC – US production of major plastic resins totaled 6.8 billion pounds during January 2017, a decrease of 0.9 percent compared to the same month in 2016, according to statistics released today by the American Chemistry Council (ACC).
People
Linde Engineering North America (LENA) has appointed Jason Cooper as President and CEO.
Teel Plastics utilizing Kepware connectivity platform as IoT solution
PORTLAND, Maine -- Kepware, a PTC business developing industrial connectivity software, announced today that Teel Plastics, Inc. is utilizing the IoT Gateway for the KEPServerEX platform as its Internet of Things (IoT) solution. KEPServerEX provides Teel Plastics with a single source for industrial data—enabling increased productivity and product quality, reduced human errors and downtime, and a scalable IoT strategy.
Saudi Aramco, Shell to separate Motiva assets
HOUSTON -- Saudi Arabian Oil Company and Royal Dutch Shell plc announce the signing of binding definitive agreements between Saudi Refining, Inc. -- a wholly owned subsidiary of Saudi Aramco -- and SOPC Holdings East LLC -- a US downstream subsidiary of Shell -- on the separation of assets, liabilities and businesses of Motiva Enterprises LLC.
Amec awarded Shell global downstream framework agreement
Amec Foster Wheeler announced the award of a five-year global Enterprise Framework Agreement (EFA) with Shell Global Solutions International, B.V. to provide engineering, procurement and construction management (EPCM) services for its downstream projects worldwide.
Exxon to invest $20 B on US Gulf Coast refining projects
HOUSTON (Reuters) -- ExxonMobil Corp, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the US Gulf Coast.
CERAWeek ’17: IEA expects global oil demand to rise, outpace supply after 2020
HOUSTON -- Global oil demand will continue to rise in the next five years, dominated by India and Asia, the International Energy Agency said Monday, March 6, during the first day of CERAWeek in Houston.
Avantium to raise at least 90 million euros in IPO
AMSTERDAM (Reuters) -- Avantium, a Dutch company that has developed technology for making plastic from sugars rather than petrochemicals, said on Monday it hopes to raise at least 90 million euros in an initial public offering, giving it a market capitalization of $279.95 million.
SNC-Lavalin awarded ammonia plant EPC contract by Salalah
MONTREAL -- SNC-Lavalin announced it has been awarded a contract by Salalah Methanol Company LLC for the engineering, procurement and construction (EPC) of an anhydrous liquid ammonia plant, including its utilities and off-site infrastructure, in the city of Salalah, located in the Sultanate of Oman.
Imperial continues restart after fire, flaring expected
Imperial Sarnia continues to restart units following last week’s operational issue. As a result, visible flaring is expected to continue over the next several days.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
