Asia/Pacific
US energy independence not necessary to reach energy security – report
Deloitte Center for Energy Solutions recently released a report titled, "Energy independence and security: A reality check," that examines whether or not energy independence is necessary to achieve energy security. Deloitte contends that the answer is "probably no."
Fiatech and PCA lead charge for unified industry interoperability activities
Fiatech and the POSC Caesar Association (PCA) have endorsed unifying all industry-wide ISO 15926 interoperability initiatives under the name iRING.
Dow Chemical to shut 20 plants, cut 2,400 jobs
Dow's CEO Andrew Liveris says the cutbacks demonstrate a resolve to tightly manage operations, particularly in Europe, while mitigating the impact of a "slow-growth environment". With the moves, Dow expects to save $500 million in annual operating costs by the end of 2014.
China's teapot refiners plot expansions to escape government crackdown
Government policies in the resources sector in recent years have caused the closure of hundreds of small Chinese coal mines and cement and steel factories but a similar push in oil refining is playing out differently, including through ventures with state companies.
CB&I licenses technology to China coal group for new polypropylene project
The new plant will use the Novolen advanced gas-phase polymerization technology for the production of the full scope of polypropylene homopolymers, random copolymers and impact copolymers. The 200,000 tpy polypropylene project is expected to start up operations in 2014.
Höegh LNG orders new FSRU at Hyundai shipyard
The vessel will be able to operate as a floating LNG import terminal, as well as an ordinary LNG carrier, according to the company. The floating storage and regasification unit (FSRU) will be delivered in the first quarter of 2015. Specifications will be adapted to comply with project requirements.
Petronas, LanzaTech agree to develop acetic acid from waste gases
In this collaboration, the two firms say they will work together to extend the technology to include carbon dioxide (CO2) containing gases from several sources, including refinery off gases and natural gas wells, to produce acetic acid. Investment terms were not disclosed.
Reliance eyes expansions for west India refineries
The company's head of refinery operations, Tony Fountain, made the comments to reporters. He said Reliance's chairman has a target of doubling revenue for the company, with downstream a significant part.
China could soon become powerhouse for refined product exports – IEA
If all planned projects [in China] go ahead while demand growth slows as much as forecast, China could emerge, at least for a while, as a new powerhouse in product exports, helped by its companies' growing footprint abroad in international refining, storage, terminal and logistics, the IEA said.
Lanxess picks Foster Wheeler for engineering on Singapore polybutadiene project
The new facility, which LANXESS says is expected to be the largest of its kind in the world, will be designed to produce 140,000 tpy of Nd-PBR and will include process and finishing buildings, a central control room, a substation and a tank farm. Financial terms were not disclosed by the companies.
- 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
