Americas
Brazil's Petrobras says judge orders suspension of Suape and Citepe sale
BRASILIA (Reuters) -- Brazil's state-run oil company Petroleo Brasileiro SA said on Tuesday a judge had ordered the suspension of the sale of petrochemical companies Suape and Citepe.
Valero Energy profit beats estimates on higher ethanol margins
(Reuters) -- Valero Energy Corp, the largest independent US refiner, reported a better-than-expected quarterly profit as higher margins in its ethanol unit more than offset weakness in its refining business.
US will change course on climate policy, Trump official says
LONDON (Reuters) -- The United States will switch course on climate change and pull out of a global pact to cut emissions, said Myron Ebell, who headed US President Donald Trump's Environmental Protection Agency (EPA) transition team until his inauguration.
AL WAHA Petchem to use Honeywell’s IIoT technology to improve plant performance
DES PLAINES, Ill., -- Honeywell announced that it will provide its IIoT-based Connected Performance Services (CPS) offering to AL WAHA Petrochemicals Company to explore possibilities of maximizing propylene production.
Enterprise to build isobutane dehydrogenation unit in Texas
HOUSTON -- Enterprise Products Partners L.P. announced plans to construct a new isobutane dehydrogenation (“iBDH”) unit in Mont Belvieu, Texas that will have the capability to produce 425,000 tpy of isobutylene. The project, which is supported by long-term contracts with investment-grade customers, is expected to be completed in the fourth quarter of 2019. The isobutylene produced by the plant will provide the necessary feedstock to fill underutilized capacity at Enterprise’s existing downstream octane enhancement and petrochemical facilities.
Dixon Valve & Coupling acquires ADS Controls
CHESTERTOWN, Md. – Dixon Valve & Coupling Company, a manufacturer and supplier of hose fittings and accessories, announces the acquisition of Automated Design Services, Inc. (ADS Controls) of Covington, La.
Venezuela names new leaders at oil firm PDVSA to 'defeat corruption'
CARACAS (Reuters) -- Venezuela's president on Sunday created an executive vice president post and named new vice presidents to lead PDVSA in what he described as a shake-up of the state oil company and an effort to root out corruption in the OPEC nation's principal industry.
Oil extends declines on rising US output
TOKYO (Reuters) -- Oil prices extended declines on Monday, dragged down by signs of growing production in the United States that could partly offset output cuts by OPEC and other producers.
GE collaborates with Canadian university to produce biosolids fertilizer
GUELPH, ONTARIO, CANADA — GE’s Water & Process Technologies today announced it is collaborating with the University of Guelph (U of G) in Ontario, Canada, on a federal government-funded, research initiative to maximize renewable energy generation and simultaneously produce a pathogen-free biosolids fertilizer.
ACC: US chemical production ended 2016 on a soft note
WASHINGTON – According to the American Chemistry Council (ACC), the US Chemical Production Regional Index (US CPRI) fell back 0.2% in December, following a 0.2% gain in November and a 0.1% decline in October, as measured on a three-month moving average (3MMA) basis. In December, chemical production was lower across all regions.
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
