Process Optimization
HP Construction: Europe
Alfa Laval has won an order for compact heat exchangers from a refinery in Russia. The order, valued at approximately SEK 70 million, was booked late September 2012, and delivery is scheduled for 2013..
HP Construction: Middle East
JGC Corp.’s wholly owned Saudi Arabian subsidiary, JGC Gulf International Co. Ltd., has been awarded a contract for an aromatics plant project from Sadara Chemical Co. (Sadara), a joint venture b..
HP Construction: Asia-Pacific
KBR was awarded a license and process-design package contract for a new olefins-recovery unit in Yulin, Shaanxi Province, China.The client owns an existing commercial plant of coal-to-olefins, which w..
South America: Argentina
For nine consecutive years (2003–2011), the Argentinean gross domestic product (GDP) continued to increase at an impressive annual rate of 7% to 8%. However, this trend was expected to change in ..
Europe: Germany
The German chemical industry has an outstanding position inside Europe. Nearly 25% of chemical product sales in the European Union (EU) are by German chemical companies. Ranking behind China, the US a..
South America: Venezuela
Fig. 1 illustrates the annual gross domestic product (GDP) and inflation from 2006 to 2011 for Venezuela. High crude oil prices have helped domestic GDP growth, suggesting a healthy economy. ..
South America: Brazil
Brazil’s economic improvement was remarkable over the past decade, following many years of slow growth. On average, the Brazilian gross output of goods and services increased at an annual average..
Europe: United Kingdom
The United Kingdom (UK) is Europe’s fourth largest chemical economy, after Germany, France and Italy. It accounts for 8% of the European Union’s (EU’s) $900 billion overall chemical pro..
Foster Wheeler acquires Canadian engineering company Three Streams
Three Streams is a multi-discipline full service engineering, procurement, and construction management company with upstream and downstream projects located in Western Canada. It has approximately 450 employees. Financial terms of the acquisition were not disclosed.
Sinopec plans Hong Kong IPO for new downstream engineering business
Beijing-based Sinopec Engineering Co., which was set up in September with a registered capital of 3.1 billion yuan ($500 million), is hoping that a Hong Kong listeing could raise its profile in the international market, as it strives to secure more overseas engineering and construction projects, a source said.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
