Asia/Pacific
Honeywell to modernize operations at Refining NZ
Building on a relationship of over 25 years, New Zealand's Refining NZ selected Honeywell to provide full lifecycle maintenance for the refinery’s control systems, as well as to migrate the refinery to the most recent process control technology, Honeywell’s Experion PKS.
Sadara Chemical inks storage, port services deals
JCSSC will operate the new facilities at Petrochemical Quay 2, located in KFIP. The agreements with JCSSC will allow for the storage and export of Sadara's liquid products from Saudi Arabia.
Use dynamic simulation to increase reliability of hydrogen generation
Through this plant study, a licensor demonstrates effective use of rigorous dynamic simulation tools to implement the new control schemes and configurations.
HP Industry Metrics
A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall.
Gastech ’15: Gazprom targets expansion in evolving Asia-Pacific market
Alexander Medvedev, Deputy Chairman of the Management Committee of Gazprom, noted that Asia-Pacific is, and will continue to be, the world's main driver of global gas consumption growth.
BP to sell LNG to China in multi-billion-dollar deal
“This marks another long-term LNG supply deal between BP and Chinese buyers and it will play an important role in enhancing China’s energy diversification,” said BP's CEO Bob Dudley.
Global petrochemical prices fall to six-year lows
Petrochemical prices, expressed as a monthly average, fell $102/ton from August to $786/ton in September. This is the second straight month where the average price has fallen over $100.
Praxair starts up new air separation plant at East China chemical complex
Through a long-term contract, the 600-tpd plant will supply on-site, high-purity oxygen and nitrogen to Oxiran, a leading industrial company focused on the development and sale of ethylene oxide derivative (EOD) chemicals in China.
Improve refinery margins with new crude selection concept
A refinery with an active crude selection strategy encompassing dedicated staff, preapproval of all new crudes and an updated crude acceptance window can gain $0.5/bbl–$1/bbl vs. a more passive strategy.
Maintaining gas system accuracy and reliability through calibration
In the process industries, laser-based analytical techniques have emerged as a popular method of examining process line samples because of their high level of durability, fast response time and minimal maintenance requirements.
- Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex 7/8
- Braskem completes first sale of circular polyethylene in South America 7/8
- bp's 440,000-bpd refinery in Whiting, Indiana (U.S.), reported flaring due to operational conditions 7/8
- UK's insolvent Lindsey oil refinery secures some crude supply to keep running for now 7/8
- Brazil's energy minister hints at possible fuel price cuts 7/8
- Marathon Galveston Bay refinery (U.S.) hydrotreater to remain shut until September 7/8
