Asia/Pacific
Reliance picks Foster Wheeler for engineering on India paraxylene expansion
Foster Wheeler’s scope includes detailed engineering, licensor coordination and procurement services for the new paraxylene plant. The project will be executed from the company's Indian and UK operations.
UOP licenses MTO technology to China's Shandong for coal-to-olefins project
China's Shandong Yangmei Hengtong Chemicals Co. Ltd. will use Honeywell UOP's advanced MTO process to convert methanol from gasified coal into ethylene and propylene, building block materials used in the production of films, packaging, plastics and other petrochemicals.
Shell to set up global technology hub in Bangalore
The company said the Bangalore site will become operational by around the middle of the decade and will have up to 1,500 technology specialists. It will provide technology services to exploration, production, refinery, chemical and other businesses, according to a company statement.
GDF Suez taps KBR to design Australia FLNG vessel
This award is one of two contracts being let by GDF Suez as part of an initial concept definition design competition for the vessel. The concept definition work is already underway in KBR’s London operations center in Leatherhead, and is expected to last up to 12 months, according to the company.
Vietnam strikes deal to build second oil refinery
Plans to build Vietnam's second oil refinery, which comes with a price tag of between $8 billion and $10 billion, has been hampered for years due to financing issues between the Vietnamese government and the two main partners, Japan's Idemitsu Kosan and Kuwait Petroleum.
India's Gulf Oil to buy specialty chemicals company Houghton International
The acquisition will allow Gulf Oil, part of the diversified Hinduja Group, to expand its lubricants and chemicals business. Indian companies have been increasingly looking overseas for acquisitions because red tape, corruption and land acquisition issues often hurt plans to expand at home.
PTT mulls building new China petrochemical plant
A feasibility study will be completed by the end of the year. Incorporated in late 2011 through a merger of PTT Chemical PCL and PTT Aromatics and Refining PCL, PTT Global Chemical has petrochemical capacity of 8.2 million tpy of olefins and aromatics and refining capacity of 280,000 bpd.
Foster Wheeler to consult on China carbon capture, transportation program
The World Bank has launched an analytical and advisory assistance program in China in order to build the country’s understanding of, and capacity for, application of carbon capture and storage (CCS). Foster Wheeler’s scope of work is expected to be completed in June 2013.
Indonesia approves expansion of BP LNG project
The plan calls for building a third liquefaction train at Tangguh, located in far eastern West Papua province, at an estimated cost of $12 billion. The third train would add liquefaction capacity of 3.8 million metric tpy to Tangguh, bringing total capacity to 11.4 million tons, the company said.
JX Nippon to permanently end crude processing at Japan's Muroran refinery
JX said it will keep oil tanks in the site and transport refined products from elsewhere to Muroran to ensure adequate supply. JX will also maintain some secondary units to produce petrochemical products - mainly toluene and xylene - to be used as feedstock for a paraxylene joint venture in South Korea.
- Steel cut for Yara Eyde: The world’s first ammonia-powered container ship 9/5
- Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk 9/5
- U.S. crude stockpiles rise as refineries begin maintenance 9/5
- Delta partners with Shell and the Port of Portland for commercial-scale SAF uplift at Portland International Airport 9/5
- Next-generation pyrolysis line drives global chemical recycling of waste plastics 9/5
- Moleaer partners with Xylem to globally scale nanobubble technology for water treatment 9/5
