Economics
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.
ChemChina and Rosneft set framework for FEPCO project future
ChemChina and Rosneft set out the framework for further implementation of the Far-Eastern petrochemical company project during the G-20 summit in Hangzhou.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
