Americas
Sinopec expands Canada assets with Daylight deal
Chinese energy producer Sinopec recently agreed to buy Canadian oil and gas explorer Daylight Energy Ltd. for $2.1 billion in cash. The move underlines China's need to secure more energy to fuel its rapidly expanding economy.
Boardwalk, Southwestern eye gas gathering system in Marcellus Shale
Boardwalk Pipeline Partners and Southwestern Energy Co. today announced that their subsidiaries, Boardwalk Field Services LLC and Southwestern Energy Production Co., have executed a 15-year, definitive gas gathering agreement to serve Marcellus Shale gas wells.
GE, Greenko to develop India wind power projects
Expanding GE’s footprint in India and its connection with one of the country’s fastest-growing clean energy developers, GE Energy Financial Services and Indian-based Greenko Group have agreed to invest in a new venture to develop wind energy projects across India.
Solutia buys US energy-saving films firm Southwall
US specialty chemicals producer Solutia has agreed to acquire California-based energy-saving films and glass products company Southwall Technologies for an aggregate equity purchase price of about $113 million.
Chemtura inks antioxidants supply deal in China
US-based specialty chemicals producer Chemtura has signed a long-term supply agreement with Tianjin Lisheng Chemical of PR China for production of Chemtura’s thioester antioxidants. Under the agreement, Lisheng exclusively supplies Chemtura with thioester antioxidants in all regions outside of Northeast Asia.
Huntsman opens textile chemicals hub in Brazil
Huntsman’s textile effects (TE) division has officially opened a formulation and distribution center (FDC) in Sao Paolo, Brazil, seeking to further enhance the company’s ability to shorten the supply chain in its Americas markets. The FDC will focus on the production of dyeing auxiliaries, pre-treatment and finishing products for local customers, the company said.
Baker Hughes launches Brazil technology center
Baker Hughes has opened a new research and technology center in Rio de Janeiro, designed to enable the development of technologies and solutions to unlock the full potential of deep water and pre-salt reservoirs, the company said.
Albemarle opens environmental R&D facility in US
US-based specialty chemicals producer Albemarle has opened its new environmental research and development facility at its headquarters in Baton Rouge, Louisiana. This new facility will allow the newly-formed Albemarle Environmental Division to expand its capabilities into multi-pollutant control, while significantly growing its capabilities in environmental research, the company said.
Shaw Group, EBSE to form Brazil manufacturing JV
Engineering major The Shaw Group will form a new joint venture between its fabrication and manufacturing unit and Empresa Brasileira de Solda Eletrica S.A. (EBSE), a leading manufacturer and fabricator in Brazil.
Fluor wins engineering deal on new Canada refinery
Fluor was awarded a contract by the North West Redwater Partnership to provide front-end engineering and design (FEED) services for a new refinery project in Alberta, Canada. Fluor booked the undisclosed contract value in the third quarter of 2011.
- China's Shandong Yulong Petrochemicals to invest > $16 B to incorporate petrochemicals production at Yantai refinery 7/30
- Supertanker delivers oil to sanctioned Nayara Energy's Vadinar refinery 7/30
- Update: Microsoft restores services to Russia-backed Nayara Energy 7/30
- U.S. crude stocks and distillate inventories rise, gasoline inventories fall 7/30
- Mexico exports 39% less crude oil in June, refining and fuel production increase significantly 7/30
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
