China National Offshore Oil Corp (CNOOC) has received government approval to begin international exports of diesel and gasoline cargoes in early May.
The new facility will use the licensed ethylene technology by Lummus Technology. The produced ethylene will be supplied as feedstock to Shintech’s existing PVC resin production facilities.
With a site for the ethane cracker now selected, PTTGC and Marubeni will take the next 12-to-16 months to complete the detailed engineering design and permitting at the Ohio site.
The Bulo Bulo ammonia-urea facility will be Bolivia’s first petrochemical venture. This new facility is expected to produce sufficient urea/ammonia supplies for domestic demand and will provide surplus product for export.
The JV will offer expertise in project planning, project development and financing with worldwide leading technologies for the petrochemical, refining and environmental technology sectors.
A searchable database of project activity in the global hydrocarbon processing industry
Engineers and designers are highly skilled individuals. Forcing them to enter design changes using tables, forms and spreadsheets is unproductive and uneconomical, and it increases the likelihood of human error—this is the way that most instrumentation software systems currently work. For too long, software vendors have denied engineers and designers the simple practicality of a graphical visual engineering interface with “drag and drop” capability and inbuilt intelligence, ensuring changes are automatically replicated into all the associated data and databases.
D. GIBSON, AVEVA
Will previously-planned downstream investments be cut back in 2015 due to lower global oil prices?
Depends how long current prices last