Asia/Pacific
Bayer MaterialScience increases downstream presence in China
Bayer MaterialScience has announced plans to invest €110 million to build five new downstream facilities in China by 2012, as part of an ongoing process to serve the booming manufacturing sector in the country.
ITT picks up OI and enhances its global analytical instrumentation business
ITT Corp. has completed its previously announced acquisition of OI Corp. for approximately $29 million. OI is a provider of innovative instrumentation for laboratory and environmental testing in the pharmaceutical, petrochemical, power and industrial markets.
Asian investment creates opportunity for flow and filtration equipment
The expansion of sewage transport, primary treatment and secondary treatment in Asia is creating market opportunities for suppliers of pumps valves, scrubbers, chemicals, controls, filters and other water pollution control equipment.
Engineers assigned for Chinese EPDM plant development
Sinopec Beijing Yanshan Co. has selected LAS Associates and Norton Engineering Consultants to assist in scale up and commercialization of Sinopec’s EPDM solution polymerization technology.
CNOOC's LNG cold energy ASU comes onstream
Air Products announced that China’s first air separation unit (ASU) facility that uses liquefied natural gas (LNG) cold energy to produce industrial gases has been brought onstream.
HHI debuts new FPSO in South Korea
The Usan FPSO can refine 160,000 barrels of oil and 5 million cubic metres of gas daily. It has storage for 2 million barrels of oil. The facility is 320m long, 61m wide, 32m high and weighs 116,000 tons.
Aon launches global energy risk engineering unit
Aon Risk Solutions has consolidated its energy risk engineering assets around the world to form a new unit, known as Aon Energy Risk Engineering.
GE and ZKMK localize turbine manufacturing in Kazakhstan
Following an agreement signed in July for the servicing of GE’s fleet of oil and gas turbomachinery equipment installed in the Kazakhstan, GE Oil & Gas and JSC ZKMK today announce the formation of a technology transfer and licensing partnership that will enable ZKMK to manufacture GE-10 advanced technology gas turbines in Kazakhstan.
Total and CPI join forces to study a coal-to-olefins petrochemical project in China
Total and China Power Investment (CPI) announced their intention to build a coal-based petrochemical plant in China.
Geo Point Technologies buys Kazakh oil refinery
Geo Point Technologies has officially entered the oil refining business in an underserved region of the world with the completed acquisition of GSM Oil Holdings. GSM recently acquired Sinur Oil, which owns and operates an oil refinery in Karatau, Kazakhstan.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
