Economics
US refiners revamp operations as renewable fuel costs surge
US oil refiners, beset by the weakest profit margins in six years, have been laying off workers, revamping operations and ratcheting up pressure on regulators and lawmakers to tweak the renewable fuel program, whose costs have ballooned.
HIMA moves to a wholly foreign-owned enterprise
HIMA has relaunched its Chinese operation in the form of a wholly foreign-owned enterprise. The new company is named HIMA (Shanghai) Industrial Automation Co.
Houston Ship Channel re-opens to some vessel traffic
The Houston Ship Channel re-opened to some vessel traffic after a tanker fire prompted closure of the waterway.
Emerson awarded Shell Prelude FLNG contract
Shell Australia has chosen Emerson to provide automation maintenance and reliability services for Shell’s Prelude FLNG facility.
Westlake Chemical completes acquisition of Axiall Corp.
Westlake Chemical Corp. completed the acquisition of Axiall Corp. in an all-cash transaction
World Energy acquires Mississippi biodiesel production facility
World Energy has acquired Elevance Natchez Inc.’s biorefinery located on the Mississippi River in Natchez, Mississippi.
Vietnam to privatize Dung Quat refinery by June 2017
Vietnam aims to privatize its $3 B Dung Quat oil refinery by June 2017, with energy firms from Russia, Thailand and Kuwait expressing interest in taking a strategic stake.
Petrobras refinery mishaps hurt Brazil fuel output
Serial failures at a Petrobras refinery have hobbled about 10% of Brazil's crude-processing capacity, raising safety and efficiency concerns at the financially troubled state-led oil company.
Honeywell launches Unisim Design Suite Release 450
Honeywell Process Solutions launched its UniSim Design Suite Release 450, the newest version of its process modelling software that helps industrial manufacturers increase their engineering effectiveness and optimize their process designs.
Enterprise begins service at new ethane export terminal
Enterprise Products Partners’ first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal has been loaded.
- 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
