Americas
Air Products contracts Technip to help build new Texas hydrogen plant
The plant will feature Technip’s proprietary, high-efficiency steam methane reforming (SMR) technology to produce high-purity hydrogen, carbon monoxide and export steam.
Westlake Chemical to expand ethylene production at Kentucky complex
This expansion by Westlake Chemical will add 70 million lb/year of stated ethylene capacity to the Calvert City facility during the first half of 2017.
Tesoro to expand fuel sales network in Nevada
The region is strategic for Tesoro, as it provides supply flexibility from Tesoro's Los Angeles and Salt Lake City refineries and establishes a platform for the expansion of its ARCO and Mobil brands.
BP to sell Alabama petrochemicals complex to Indorama Ventures
BP struck a deal to sell its petrochemicals facility in Decatur, Alabama, to Indorama Ventures. This sale is part of the strategy to refocus BP's global petrochemicals business.
Honeywell acquires remaining 30% stake of gas processor UOP Russell
In 2012, Honeywell acquired a 70% stake in the Thomas Russell Co. to form UOP Russell, which became part of Honeywell UOP.
Methanex opens second methanol plant relocated from Chile to Louisiana
With the start-up of Geismar 2, Methanex says it has successfully grown its operating capacity by approximately 3 MMtpy over the last three years. The total combined cost for the completion of the two Geismar plants was approximately $1.4 billion.
Enterprise expands terminal for LPG exports on Houston Ship Channel
The LPG terminal expansion is among $7.8 billion in capital growth projects Enterprise expects to complete and bring into service by the end of 2017. These projects are primarily focused on meeting the needs of demand-side customers, such as petrochemical plants and refineries
Fueling Alberta oil sands fleets with natural gas
Natural gas for diesel replacement is an excellent opportunity for mineable oil sands operations to realize considerable fuel savings.
Business Trends: Special report--Global LNG overview
Liquified natural gas is forecast to become one of the most valuable commodities in the world.
Industry Metrics
Asian margins showed a strong recovery due to higher winter heating fuel demand, supporting middle distillate crack spreads.
- Consortium creates world's first supply chain for the production of renewable plastics 2/6
- Valmet to deliver advanced process analytical solutions to Dow’s Path2Zero ethylene project 2/6
- Tampnet brings mission-critical connectivity to hydrocarbon processing industries 2/6
- Cheniere submits application to build massive LNG plant in Texas 2/6
- OQ and Kuwait Petroleum sign PDA for Duqm petrochemical complex project 2/6
- Phillips 66 to lay off workers as Los Angeles (U.S.) refinery shuts down 2/6
