Americas
US gasoline demand rises to post-2007 high: API
Gasoline demand rose last month by 3.5% from June 2014 to average over 9.3 million bpd. These deliveries were the highest for any month since August 2007.
Shell to sell Elba LNG stake in Georgia to partner Kinder Morgan for $630M
The Elba liquefaction project is proposed to be constructed and operated at the existing Elba Island LNG terminal near Savannah, Georgia. Kinder Morgan currently owns 51% of the ELC joint venture, while Shell owns the remaining 49% and subscribes to 100% of the liquefaction capacity.
Dow, Olin earn IRS nod for $5B chlor-alkali merger
Dow will separate its US Gulf Coast chlor-alkali and vinyl, global chlorinated organics and global epoxy businesses, and then merge these businesses with Olin in a Reverse Morris Trust transaction.
Dominion contracts GE for two compressor trains at Cove Point LNG project
The project located on the Chesapeake Bay in Lusby, Maryland, will produce about 5.25 MMtpy of LNG when completed in late 2017 and will be the first LNG export terminal on the US East Coast.
REG plans $31M upgrade to Illinois biorefinery
The most notable upgrade will be the addition of biodiesel distillation capabilities to the 45-million gal nameplate capacity biorefinery. Other planned upgrades include pretreat capacity improvements, along with storage, logistics and other optimization enhancements.
Univar acquires US-based Chemical Associates
Chemical Associates markets, manufactures and distributes oleochemicals like tall oil fatty acids, oleic acids, stearic acids, fractionated acids, fatty alcohols, polyunsaturated fatty acids, coconut fatty acids, castor derivatives, methyl esters, calcium stearate, metallic stearates, and glycerine.
Praxair to recover CO2 at PBF refinery in Delaware
Praxair will build, own and operate a 450-tpd carbon dioxide purification and liquefaction plant at the refinery, run by PBF Energy in Delaware City, Delaware.
Oiltanking acquires Vopak terminals in Finland for chemicals, oil products
Finland is one of the main transit hubs for the export and import of chemical and petroleum products in relation to Russia and the other FSU countries.
Chevron Phillips Chemical unveils changes to senior management roles
Mark Lashier, currently executive vice president of olefins and polyolefins, will become executive vice president for the company's commercial business. In his new role, Lashier will serve as the lead commercial executive for all product lines in Chevron Phillips Chemical’s portfolio.
CB&I wins maintenance work on Canadian coker
"This award demonstrates CB&I's ability to provide comprehensive solutions throughout the lifecycle of a refining project," said Chip Ray, president of CB&I's capital services operating group.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
