Petrochemicals
Shell-CNOOC JV to assume ownership of new petrochemical complex
Shell Nanhai B.V. and China National Offshore Oil Corporation’s 50:50 JV has officially assumed ownership of CNOOC’s ongoing project to build an ethylene cracker and several derivatives units, after receiving all the necessary government approvals.
Fluor awarded Sasol oxygen train project in Secunda, South Africa
Fluor Corporation has been awarded a contract by Sasol Group Technology, a division of Sasol South Africa Ltd., for EPC of the Additional Oxygen Capacity Train 17 outside battery limits project at its Secunda plant in South Africa.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
Pentair Valves & Controls facilitates total cost of ownership improvements
Pentair is working with major chemical and petrochemical companies around the world to promote and implement standardization programs and processes with the goal of increasing efficiency and reducing total cost of ownership in areas such as procurement, installation, and maintenance of valves and controls equipment, and inventory control processes across multiple plant sites.
Schneider Electric acquires MaxEAM, strengthens asset performance management portfolio
Schneider Electric has acquired MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management.
Amec Foster Wheeler wins contract for steam reformer heater in Egypt
Amec Foster Wheeler has been awarded a contract by The National Company for Fertilizers & Chemicals to supply material and detailed engineering for a steam reformer heater for its fertilizer facility in Alexandria, Egypt.
Pepperl+Fuchs acquires supplier of mobile devices for hazardous areas
Pepperl+Fuchs has purchased ecom instruments of Germany, a global supplier of cell phones, 4G smartphones and tablets designed specifically for hazardous areas.
GE and Baker Hughes to create fullstream digital industrial service company
GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oil and gas technology provider with a unique mix of service and equipment capabilities.
Rockwell Automation expands information solutions offerings
By the year 2020, more than 50 B devices are expected to be connected to the internet. These devices are getting smarter and consequently, will help make manufacturing smarter.
China’s Jilin Connell to use Honeywell UOP’s technology to make plastic from coal
China’s Jilin Connell Chemical Industry Co. has selected Honeywell UOP’s Advanced methanol-to-olefins process to tap domestic coal resources to produce ethylene and propylene.
- TA'ZIZ secures $28.5 B in agreements to expand UAE's chemicals infrastructure 5/5
- nova-Institute provides scientific basis for EU policy on bio-based plastic packaging under PPWR 5/5
- GEA launches enzymatically enhanced GEA eTOP degumming solution 5/5
- Hong Kong-Dongguan to build SAF supply chain with new biofuels firm Ecoceres facility 5/5
- Argentine government hikes biofuel prices for domestic market 5/5
- Malaysia to produce biodiesel blend with 15% palm oil from June 5/5
