Petrochemicals
Oxea raises syngas capacity by 10% at Texas plant
Global chemical producer Oxea has increased its manufacturing capacity for syngas by 10% at its plant in Bay City, Texas, it said on Monday, seeking to further optimize its value-adding chains and boost product availability.
Halliburton acquires oilfield service firm Multi-Chem
Energy products and services major Halliburton has completed its previously-announced acquisition of oilfield chemicals firm Multi-Chem. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business, the company said.
HP Construction: South America
Foster Wheeler’s Global Engineering and Construction Group has been released to perform the second phase scope for an existing contract with Ecopetrol S.A. for modernization of the refinery in Ba..
HP Construction: Europe
A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has a contract with Aibel AS to provide detailed design engineering services to support Aibel, which has been appoint..
HP Construction: Middle East
Fluor Corp. has been awarded an engineering, procurement and construction (EPC) contract by SAPCo, a joint-venture company being formulated between Saudi Acrylic Acid Co. and Evonik Industries, for it..
HP Construction: Asia-Pacific
Gladstone Liquefied Natural Gas (GLNG) in Queensland, Australia, has selected Meridium, Inc. as the platform for its enterprise-wide APM initiative. The GLNG plant, which began construction earlier th..
US shale boom lifts petrochemical exports - report
The US shale gas exploration and production boom continues to fuel significant cost advantages for North American commodity chemicals producers as relative costs of natural gas and oil-based feedstocks remain far apart, according to a new report from credit-watch firm Fitch Ratings.
Braskem closes on deal for Dow polypropylene unit
Dow Chemical said on Friday that it closed on the $340 million sale of its global polypropylene (PP) business to Brazil-based Braskem. In addition to the transaction, which was first announced in July, the two companies said they would continue to evaluate potential future collaborations.
Shell shuts down large Singapore refinery after fire
Shell is in the process of shutting down its 500,000 bpd refinery in Pulau Bukom, Singapore, following the recent fire at the facility, company officials said on Thursday. The fire, which began on Wednesday and may have been started during maintenance work, has been extinguished. However, there are still traces of fuel vapor, according to Shell officials.
Yara opens fertilizer import terminal in Louisiana
Yara has opened its new NOLA import fertilizer terminal in Convent, St. James Parish, La., located approximately 60 miles up the Mississippi River from New Orleans. With its opening, the fully-operational terminal will provide increased access to imported urea to agricultural markets both locally and throughout the Midwest and Eastern US via rail.
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