Petrochemicals
Alpek signs agreement with Petrobras for acquisition of PTA-PET facilities
MONTERREY, Mexico – Alpek, S.A.B. de C.V. announced that it signed a share purchase agreement with Petróleo Brasileiro S.A. for the acquisition of its 100% stake in Companhia Petroquímica de Pernambuco and Companhia Integrada Têxtil de Pernambuco.
Handling mercaptans in gas processing plants
With the continued development of sour gas fields around the world, the removal of mercaptans from gaseous and liquid hydrocarbon streams is becoming a challenge for today’s gas processing plants.
People
ValvTechnologies Inc. has named Herman Benard Jr. as director of manufacturing. He will have senior management responsibility for the achievement of production, productivity, quality, safety and customer satisfaction goals, as well as spearheading manufacturing process continuous improvements.
Automation Strategies: Rethinking automation: A stepwise approach to the IIoT
Energy producers are under tremendous pressure to reduce operational costs and maximize efficiency throughout the value chain. This is easier said than done.
Industry Metrics
Healthy US domestic gasoline demand continued, despite supply pressure from refineries returning from maintenance and resumed Colonial Pipeline operations.
Editorial Comment: In defense of intellectual property integrity
In the publishing business, a key editorial responsibility is ensuring the integrity of all articles that are chosen for publication. This column elaborates on additional ways that prospective authors can help ensure that readers trust what we print.
Brazil's Petrobras sells $587MM in ethanol, petchem assets
SAO PAULO (Reuters) -- Brazil's state-run oil company, Petroleo Brasileiro SA, on Wednesday announced the sale of ethanol and petrochemicals assets for $587 million, but said it would still fall $1.5 billion short of its divestment target for the 2015-2016 period.
ACC: US specialty chemicals markets rise during 4Q 2016
WASHINGTON – The American Chemistry Council (ACC) reported that US specialty chemicals market volumes rose 0.4% in November.
China's Sinopec starts construction of Zhanjiang refinery
BEIJING (Reuters) -- China's Sinopec Group has begun construction of a long-planned refinery and petrochemical complex in the southern city of Zhanjiang, the company said on its website on Wednesday.
GE and Toyo sign MOU exploring digital solutions in petchem industry
General Electric Company and Toyo Engineering Corporation signed a memorandum of understanding for a joint project to explore digital solutions for the fertilizer and petrochemicals industry.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- South Korea petrochemical firms on track to cut up to 3.7 MM tons of output 12/22
- MOL and JERA sign HoAs for the charter of ammonia carriers 12/22
- China's November fuel oil imports up 15% from October 12/22
