Construction
Brazil seizes $655 M in assets from Odebrecht, OAS, executives
Brazil's federal auditing court, ordered the seizure of about $655 M worth of assets from engineering firms Odebrecht SA and OAS SA and some of their executives, to recoup losses from contracts related to the country's biggest ever corruption scandal.
Veolia to provide wastewater treatment system for LACC ethane cracker and Lotte MEG plant
CB&I has chosen Veolia Water Technologies to engineer and procure a wastewater treatment package for a Lotte Axiall Chemical Company ethane cracker and associated monoethylene glycol plant being constructed in Lake Charles, Louisiana.
Flint Hills Resources to construct $20 M fuel terminal expansion
Flint Hills Resources will begin construction on a $20 M expansion of its Waupun, Wisconsin fuel terminal.
KBR awarded construction contract for Chemours new Corpus Christi facility
KBR will build a large-scale manufacturing plant to produce hydrofluoroolefins for Chemours.
Meridian Energy Group selects Vepica USA, to undertake engineering definition of Davis refinery
Meridian Energy Group has finalized its selection of Vepica USA, Inc. to perform the engineering definition for the Davis refinery.
Wison Engineering awarded new EPC contracts by Connel Chemical for MTO project
Wison Engineering has been awarded an EPC contract for a 300kta methanol-to-olefins unit, the first phase of Connel Chemical Industry Ltd.’s 600kta MTO plant.
Engineers and Constructors International, Inc. acquires Simon Carves Engineering, Ltd.
Engineers and Constructors International, Inc., a wholly owned subsidiary of Mitsui Engineering and Shipbuilding Ltd., acquired Simon Carves Engineering, Ltd.
Chevron Phillips Chemical completes next-gen polyethylene pilot plant
Chevron Phillips Chemical completed construction of its leading-edge polyethylene pilot plant at its research and technology facility in Bartlesville, Oklahoma.
Global Project Data
New downstream project announcements have continued to decrease since April.
Business Trends: The state of the global downstream construction sector
Capital-intensive investments are being made in every sector of the hydrocarbon processing industry, in every region.<br>
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
