Asia/Pacific
HIMA moves to a wholly foreign-owned enterprise
HIMA has relaunched its Chinese operation in the form of a wholly foreign-owned enterprise. The new company is named HIMA (Shanghai) Industrial Automation Co.
Platts proposes change in sulfur content in Asia gasoil benchmarks
Oil pricing agency Platts has begun consulting with traders this week on a change it has proposed in the sulfur content of its key gasoil benchmarks in Asia and the Middle East.
Emerson awarded Shell Prelude FLNG contract
Shell Australia has chosen Emerson to provide automation maintenance and reliability services for Shell’s Prelude FLNG facility.
Vietnam to privatize Dung Quat refinery by June 2017
Vietnam aims to privatize its $3 B Dung Quat oil refinery by June 2017, with energy firms from Russia, Thailand and Kuwait expressing interest in taking a strategic stake.
ChemChina and Rosneft set framework for FEPCO project future
ChemChina and Rosneft set out the framework for further implementation of the Far-Eastern petrochemical company project during the G-20 summit in Hangzhou.
SABIC says China petrochemical project to cost $3-4 B
Saudi Basic Industries Corp. expects its coal-to-chemicals project in China with Shenhua Ningxia Coal Industry Group to cost $3-4 B.
SABIC, SNCG agree on possible China chemical JV principles
SABIC, along with Shenhua Ningxia Coal Industry Group Co. Ltd. (SNCG) and the government of the Ningxia Hui Autonomous Region of China, have agreed on a set of principles for cooperation in the further development of a potential joint venture (JV) between SABIC and SNCG to build a greenfield coal-to-chemicals complex.
Freedonia Group: Global demand for refining catalysts to reach $4.7 B in 2020
Global demand for the refining catalysts market, which includes catalysts used in fluid catalytic cracking (FCC), hydroprocessing, alkylation, reforming and other applications, is forecast to grow 3.6%/yr to $4.7 B in 2020.
Global Project Data
This special installment of Global Project Data focuses on the global refining sector.
Industry Metrics
European refining margins rose as refineries completed maintenance and recovered from the negative impact of the France strikes.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
