Economics
TPC Group to sell Baytown facility to SI Group
TPC Group has reached an agreement to sell its Baytown operations facility to SI Group. The operations include manufacturing assets for nonene, tetramer, and other propylene derivatives.
Linde Engineering NA expands use of AspenTech software
Linde Engineering North America Inc. has standardized Aspen Technology’s Aspen Capital Cost Estimator technology.
EIA: Narrowing crude oil prices contribute to converging refining profits
Earnings per barrel of crude oil and other inputs processed by refiners that operate mainly in North America were lower in the second quarter of 2016 compared with the same time last year and are now close to per-barrel earnings by refiners operating elsewhere.
China fuel exports cast Q4 pall over global oil products
China's state oil refiners are readying to export more diesel and gasoline in coming months in an already saturated global market.
SK Innovation seeks to expand business cooperation with Sinopec
SK Innovation Co. is seeking to expand into the refining and lubricant sectors in co-operation with China's Sinopec Corp.
EU regulators halt Dow, DuPont merger review to gather data
EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 B deal.
Linde ends merger talks with Praxair
The executive board of Linde AG has decided to terminate the preliminary merger discussions with Praxair.
Enterprise Products Partners withdraws indication of interest in Williams
Enterprise Products Partners LP has withdrawn its indication of interest in The Williams Companies, Inc. regarding the possible combination of Enterprise and Williams.
Air Liquide divests assets to comply with FTC in Airgas integration
Air Liquide has completed the divestiture of certain US assets required by the US Federal Trade Commission in connection with the acquisition of Airgas.
China's Zhejiang Rongsheng eyes doubling refinery capacity in 2020
Chinese conglomerate Zhejiang Rongsheng Holding Group plans to double capacity of a joint venture refining project to 800 Mbpd in 2020.
- SIBUR produces test batch of first hexane plant in Russia 8/28
- Universal Fuel Technologies’ SAF accepted into ASTM Clearinghouse for qualification 8/28
- Honeywell technology to fuel Syzygy Plasmonics' SAF project 8/28
- Sinopec wins engineering contract for Saudi Arabian green hydrogen/ammonia project 8/28
- Russia's idle oil refining capacity record high after Ukrainian drone attacks 8/28
- Brazil approves temporary antidumping measures against Canadian, U.S. polyethylene resins 8/28
