Petrochemicals
High fuel margins help Calumet swing to Q1 profit
"Realized margins within our fuel products segment more than doubled in the first quarter of 2015, versus the prior year period," said Bill Hatch, interim CEO at Calumet Specialty Products.
Jacobs wins work on Huntsman’s polyetheramine expansion in Singapore
The Jurong Island facility expansion is expected to enable backward integration to produce polyethers from locally-sourced feedstocks, according to Huntsman officials.
A Schulman to relocate European services center from Belgium to Poland
Plans call for this phased relocation to be completed by May 2016.
AkzoNobel sells paper chemicals unit to Kemira
AkzoNobel has finalized the €153 million divestment of its global paper chemicals business to Kemira. The deal was first announced in July 2014.
Maximize energy recovery with small steam turbines
Using smaller turbines (50 kW to 300 kW) can aid system efficiency and help conserve energy. We investigate examples in which the application of smaller steam turbines provided return on investment within two years.
The Middle East’s strategic expansion of refined products exports
Already a leader in crude oil exports, the Middle East is making a deliberate move to increase its participation in the refined and petrochemical products markets. It is likely that the ME will continue to add downstream projects. Refining capacity will center on domestic demand and export opportunities to Asia-Pacific and Europe.
IRPC 2015: Advancing the global HPI by sharing knowledge and best practices
May 31–June 3, 2015 Jumeirah at Etihad Towers, Abu Dhabi, UAEThe sixth annual IRPC features a four-day forum focused on the downstream industryDay 1—Full-day workshop presented by Takreer Re..
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
HP Petrochemicals: M&A deals rise as investors push petrochemical leaders to restructure
Oil and petrochemical companies are seeking strategies to remain competitive as their cash flows continue to take direct hits due to depressed oil prices. This is resulting in significant restructurin..
HP Viewpoint: Methanol takes on LNG for future marine fuels
As the lifecycle economics of using MeOH compared with other emission compliance options become more evident, we will see the tide rising on the use of MeOH as a marine engine fuel.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
