Refining
HP Construction: Middle East
W. R. Grace & Co. has signed a memorandum of understanding to form a joint venture (JV) with Al Dahra Agricultural Co. to build and operate a fluid catalytic-cracking (FCC) catalysts and additives pla..
HP Construction: Asia Pacific
Jacobs Engineering Group Inc. has a contract from Solvay for a major, specialty polymers production plant to be built at Solvay’s industrial site in Changshu, Jiangsu, China. Officials estimate t..
HP Associations: A wealth of knowledge at AFPM annual meeting
At March’s American Fuel and Petrochemical Manufacturers (AFPM, formerly known as the NPRA) annual meeting in San Diego, California, it seems everyone had some important knowledge to share. Nowhe..
Conoco completes Phillips 66 downstream spinoff
Following the close of trading Monday, energy giant ConocoPhillips completed the spinoff of Phillips 66 as an independent downstream company. The downstream spinoff includes the 50% stake in Chevron Phillips Chemical, a 50-50 joint venture with Chevron.
Shell, Iogen kill plans to build Canada biofuel plant
Royal Dutch Shell and Iogen Corp. have killed a plan to build a next-generation biofuel plant in Canada. Iogen was once considered a world-leader in the development of ethanol from agricultural waste but has been unable to solve engineering problems that stand in the way of a commercially viable, large-scale plant.
UOP wins technology deal for hydrogen production at new Sinochem refinery
Sinochem. will use two of UOP’s Polybed PSA (pressure swing adsorption) systems to produce high-purity hydrogen at its new refinery. The hydrogen will be used for the production of clean transportation fuels, including diesel, gasoline and jet fuel, in the new 12 million tpy refinery.
Valero CEO believes refining capacity still too much in US, western Europe
"We believe there's still too much refining capacity in the US and western Europe," Valero CEO Bill Klesse said during a conference call with investors. "Some things die hard." High unemployment and higher vehicle fuel efficiency have tamped down on fuel sales on both sides of the Atlantic.
HPCL-Mittal may double north India refinery output
HPCL Mittal Energy Ltd. may double capacity of its north India refinery, billionaire steel tycoon Lakshmi Niwas Mittal said Saturday. Mumbai-based Hindustan Petroleum Corp. and Singapore's Mittal Energy Investment each have a 49% stake in HPCL-Mittal Energy, which has a capacity of 180,000 bpd.
SK Energy to invest $1.4bn on paraxylene plant at Incheon refining complex
SK Energy will build a paraxylene plant with a capacity of 1.3 million tons a year and will build a condensate splitter and a reformer, SK Innovation said in a statement. Commercial production is slated to begin in the second half of 2014, and SK Energy will target sales to the growing Chinese market.
Energy Transfer buys US refiner Sunoco for $5.3bn
Energy Transfer Partners agreed to acquire independent refiner Sunoco in a $5.3 billion deal that would greatly expand the reach of its pipeline system but could also saddle the company with aging refineries. Energy Transfer will also gain Sunoco's relatively successful chain of 4,900 gasoline stations.
- Methanol Reformer to supply Mitsubishi Gas Chemical with L18 methanol reformer technology 12/10
- Clariant’s CATOFIN™ catalyst innovation boosts performance in Ningxia Runfeng’s PDH operations 12/10
- Opinion: Trump sanctions on Lukoil, Rosneft could reshuffle global oil map 12/10
- HF Sinclair forecasts lower CAPEX in 2026 on reduced maintenance costs 12/10
- Aster to carry out further upgrades at Singapore Bukom refinery 12/10
- EIA: U.S. crude stocks fall, fuel inventories rise on robust refining 12/10
