Middle East
HP Integration Strategies: 3D-design tools help EPCs and owner-operators alike
The wide diversity of energy market requirements, potential power sources and enabling technologies drives strong demand for design/build/operate solutions for projects in the hydrocarbon processing i..
HP In Brief: HPIn Brief
Cobalt Technologies has an agreement with the US Navy to develop technology for the conversion of biobutanol into full performance jet and diesel fuels. Under the agreement, n-biobutanol produced by C..
HP Construction: Middle East
Foster Wheeler USA Corp. has been awarded a project-management consultancy (PMC) contract by Carbon Holdings for a petrochemical complex in Ain Sokhna, Egypt, with a nameplate capacity to produce 1.35..
HP Impact: Fieldbus Foundation registers devices with advanced field diagnostics
The Fieldbus Foundation has registered the first FOUNDATION fieldbus devices incorporating advanced field diagnostics technology. The new registration requirements help to standardize how fieldbus dev..
HP Associations: Growing the fuel pool
Whether refiners like it or not, the drumbeat for renewable fuels grows daily. The building momentum for such fuels is boosted by government mandates and regulations. Unfortunately, the tidal wave for..
SABIC building a plastics applications development center at Saudi university
The Saudi Basic Industries Corp. (SABIC) has signed a construction contract with El Seif Engineering Contracting to build a new SABIC plastics application development center (SPADC) at the Riyadh Techno Valley research complex inside the King Saud University (KSU) campus in Saudi Arabia.
ABB obtains Baldor Electric and expands industrial motion presence
ABB will acquire Baldor Electric in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement, ABB will commence a tender offer to purchase all of Baldor’s outstanding shares for $63.50 per share in cash.
INEOS and BASF establish global styrenics company called Styrolution
INEOS Industries Holdings and BASF SE intend to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends into a new joint venture called Styrolution.
ProSep to collaborate in Saudi Arabia with Bandariyah International Group
ProSep Inc. has signed a collaboration agreement with Bandariyah International Group, a supplier to the Saudi Arabian oil and gas and petrochemical industries.
BASF buys CRI/Criterion’s global styrene catalysts business
BASF has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
