Asia/Pacific
HP Integration Strategies: 3D-design tools help EPCs and owner-operators alike
The wide diversity of energy market requirements, potential power sources and enabling technologies drives strong demand for design/build/operate solutions for projects in the hydrocarbon processing i..
HP In Brief: HPIn Brief
Cobalt Technologies has an agreement with the US Navy to develop technology for the conversion of biobutanol into full performance jet and diesel fuels. Under the agreement, n-biobutanol produced by C..
HP Construction: Asia-Pacific
The Linde Group and Haldor Topsøe will supply the syngas treatment and methanation unit for POSCO’s synthetic natural gas (SNG) plant. The new plant will be erected in Gwangyang, South Korea..
HP Impact: Fieldbus Foundation registers devices with advanced field diagnostics
The Fieldbus Foundation has registered the first FOUNDATION fieldbus devices incorporating advanced field diagnostics technology. The new registration requirements help to standardize how fieldbus dev..
HP Associations: Growing the fuel pool
Whether refiners like it or not, the drumbeat for renewable fuels grows daily. The building momentum for such fuels is boosted by government mandates and regulations. Unfortunately, the tidal wave for..
ABB obtains Baldor Electric and expands industrial motion presence
ABB will acquire Baldor Electric in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement, ABB will commence a tender offer to purchase all of Baldor’s outstanding shares for $63.50 per share in cash.
Neste Oil starts up new renewable diesel plant in Singapore
Neste Oil has started up the world's largest renewable diesel plant in Singapore. Production of NExBTL renewable diesel will be ramped up on a phased basis.
INEOS and BASF establish global styrenics company called Styrolution
INEOS Industries Holdings and BASF SE intend to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends into a new joint venture called Styrolution.
BASF buys CRI/Criterion’s global styrene catalysts business
BASF has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed.
ABB wins LNG transport vessel contract
ABB recently won an order worth $58 million to provide complete power and propulsion systems for six new LNG transport vessels to be built by Samsung Heavy Industries (SHI) at its shipyard in South Korea.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
