Europe
Brazil exports diesel to Europe as patterns reverse
At least two 37,000-ton cargoes of diesel, on the tankers Torm Gunhild and MT Alexandros, have sailed in recent weeks from Brazil to Europe, according to Reuters ship tracking data and traders.
Total plans to sell specialty chemicals unit Atotech
Pouyanne did not give details about the planned sale of Atotech or if it was talking to potential buyers, but said Total was looking for a buyer that was committed to sustaining Atotech's current strategy.
Cepsa expects Indonesian chemical JV to start up by end of this year
"We are targeting to produce 75% of capacity initially after commissioning by end of the year but it also depends on the markets," said Jose Manuel Martinez, CEO of Cepsa Quimica.
US sees Nord Stream gas link as security threat
Many EU governments complain that the Nord Stream proposal increases dependency on Russia's Gazprom, which supplies around a third of the European Union's gas.
China cuts West African oil imports as refiners cite delays, full tanks
Chinese loadings of West African crude declined from 19-month highs in May as delivery delays, port congestion and full tanks scuppered interest from private 'teapot' refiners.
Couche-Tard acquires Shell’s downstream retail business in Denmark
The transaction between Shell and Couche-Tard has received the appropriate regulatory approvals, and all final closing requirements have been completed.
Bechtel to license delayed coking technology at Assiut refinery in Egypt
The new delayed coking unit will be part of the $1.5B refinery modernization program, using Bechtel's proprietary ThruPlus coking technology to upgrade heavy oil into light hydrocarbon liquids.
Catalytic coprocessing of used cooking oil with straight-run gasoil in a hydrotreating pilot plant
A promising route to obtain bio-gasoil (bioGO) or hydrotreated vegetable oil (HVO) is the catalytic coprocessing of vegetable oil with diesel oil in a conventional hydrotreating unit.
Business Trends: Global petrochemical overview—Part 2
Part 1 of this series provided an overview on the present state of the petrochemical industry, a breakdown on construction project numbers by region, as well as major trends in Africa, the Middle East and the US. Part 2 examines the landscape in Asia-Pacific, Canada, Europe and Latin America.
Global Project Data
According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, nearly 300 new downstream projects have been announced around the globe over the past year.
- Chevron Technology Ventures' Catalyst program selects RapiCure 7/15
- GEA promotes more sustainable refinery processes with energy-efficient high-performance decanters 7/15
- Ariel Green pays claim for plastic recycling facility, demonstrating protection for clean energy projects 7/15
- China taps deeper into oil inventories despite biggest drop in refining on record 7/15
- China's Sinopec establishes four business units in major overhaul 7/15
- Japan refiners to diversify crude sources, explore support for Hormuz bypass routes 7/15
