Rhodes, Mike
Innovations
Industrial workers can strengthen their grasp of production and make more informed operating decisions with the new Allen-Bradley CompactLogix 5480 controller by Rockwell Automation.
Industry Metrics
All main US products performed positively as refinery product outputs declined considerably and led to a fall in inventory levels, fueling bullish sentiment.
People
MFG Chemical has promoted Barry Lassiter to VP of operations, where he will be responsible for MFG’s three plants in the Dalton, Georgia area and the recently acquired 26.7-acre plant in Pasadena, Texas.
Innovations
Engineers tasked with finding a green solution to waste gas emissions from hydrocarbon storage tanks during loading and unloading operations will find that the ST100 series thermal flowmeter from Fluid Components International (FCI) supports tank vapor recovery systems, which help reduce greenhouse gas emissions.
Industry Metrics
In the US, soaring gasoline stocks and poor fuel oil performance were offset by strong heating oil demand and higher product prices caused by weather-related refinery outages.
Industry Metrics
US refinery margins saw losses as product stocks rose, pressured by seasonally lower gasoline demand and subdued heating oil requirements.
People
Change is taking place at the top of the Endress+Hauser Group. Dr. Andreas Mayr will become Chief Operating Officer (COO) responsible for sales, production and support, assuming more responsibility on the executive board and serving as deputy CEO to Matthias Altendorf.
Innovations
Claroty has made several significant enhancements to its Continuous Threat Detection product.
Industry Metrics
US markets weakened despite positive performance at the middle of the barrel due to considerable gasoil and jet/kero inventory drawdowns.
People
Peter Vanacker has assumed the role of President and CEO of Neste Corp., succeeding Matti Lievonen, who will retire.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26