Americas
Increasing US propylene supply appears unlikely to meet global shortfall
US propylene supplies are expected to return to levels not seen since 2006, but the increase in the feedstock supply won’t come close to meeting the global demand for polypropylene during the next decade.
Alfa Laval to cool US NGL export terminal streams
The Alfa Laval air cooler systems will be used to cool the main process streams at the export terminal where refrigerated natural gas liquids (ethane, propane and butane) are loaded onto tanker vessels.
United Refining, Enbridge strike cost-sharing deal for US crude pipeline
Enbridge and United Refining reached an agreement for the Line 10 pipeline that carries crude from Canada to URC’s Kiantone line in West Seneca, New York, serving its refinery in Warren, Pennsylvania.
Cameron LNG receives final investment approval for US export project
The total project cost is estimated at approximately $10 billion, including contribution of the existing Cameron LNG facilities, construction of the new facilities and financing cost.
GE to fund Rentech Nitrogen fertilizer expansions
Rentech, headquartered in Los Angeles, is a leading provider of natural gas-based nitrogenous fertilizers, with manufacturing facilities located in East Dubuque, Illinois, and Pasadena, Texas.
Linde adds petrochemical business unit to Houston engineering offices
The new regional business unit broadens Linde Engineering's capabilities in North America and will serve petrochemical customers on a wide range of projects, from consulting and technical support, revamp and expansion studies to the EPC execution of mid-size projects.
Formosa Plastics wins EPA permits for Texas olefins expansion
Formosa is expanding its petrochemical complex, located near Victoria, and taking three actions with its turbines unit, olefins unit and low-density polyethylene (LDPE) plant.
Gasoline rises, crude falls as US refiners cut rates
Gasoline headed for the biggest one-day gain since June, widening the profit refineries make from processing a barrel of crude into the fuel. Plants cut their operating rate by the most since June.
Mexichem acquires German PVC producer Vestolit
Mexichem is acquiring Vestolit from Strategic Value Partners for a total of €219 million in cash, supporting Mexichem’s strategy of global growth in high-end specialty products.
California enlists Linde to develop two more hydrogen-fuel stations
The award is part of the $46.6 million funding program the California Energy Commission has committed this year to expand the infrastructure of its retail hydrogen fueling.
- Argentina raises biofuel prices for domestic market 7/14
- Technip Energies' develops low-emission furnace design to reduce the carbon footprint of ethylene production 7/14
- Biofuel demand to soak up more than half of U.S. soyoil production next year, USDA says 7/14
- Russia's June seaborne oil product exports down 3.4% m/m 7/14
- Serbia seeks fifth U.S. sanctions waiver for Russian-owned oil firm NIS 7/14
- EIA: U.S. hydrocarbon production supported by export growth in long-term projections 7/14
