Asia/Pacific
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.
Aker Midsund delivering separator and scrubber packages for FPSOs
Aker Midsund has signed a contract to deliver four separator and scrubber packages to Hyundai Heavy Industries for the Goliat FPSO.
Alfa Laval wins SEK 50 million refinery order in India
Alfa Laval has received an order for Alfa Laval Packinox heat exchangers to be used in a refinery in India. The order value is about SEK 50 million and delivery is scheduled for 2011.
- U.S. tariffs on Brazil are a bitter pill for sugar and ethanol makers 7/17
- India launches first hydrogen-powered passenger train 7/17
- U.S. refiner margins hit new records as fuel shortage concerns grow 7/17
- Indonesia president aims to increase sugarcane, bioethanol production 7/17
- Morgan Fuels & Lubes achieves approval under the renewable fuels assurance scheme 7/16
- JERA and Samsung C&T to strengthen supply security of hydrogen and ammonia value chains 7/16
