Americas
Global HPI spending likely to jump 15% in 2014
Newfound optimism stems from rising availability of gas supplies in several nations, rich shale reserves in North America, and a new expansion wave for petrochemicals.
Eastman to expand Texas City plasticizers plant
The expansion at the Texas City site will increase the overall capacity of Eastman 168 by about 15% and is expected to be operational by mid-2014. Investment terms were not disclosed.
LanzaTech, SK to develop bio-butadiene process
SK has pioneered new refining and petrochemical technology development for many years. SK will work with LanzaTech to develop and integrate this new technology with LanzaTech's gas fermentation process, which converts industrial waste gases into low carbon fuels and chemicals.
Air Products to build new hydrogen plant to supply Shell refinery in Canada
The Air Products facility will produce over 150 million standard cubic feet/day (MMSCFD) of hydrogen and will be connected to Air Products Canada's existing Heartland hydrogen pipeline system which supplies refiners, upgraders, chemical processors and other industries in the Alberta Industrial Heartland region.
Wison wins construction work on PdVSA refinery deep conversion project
Wison Engineering was awarded a procurement and construction contract by PdVSA for the site preparation for the Puerto la Cruz oil refinery deep conversion project in Venezuela. This represents the largest oil refinery PC project in Latin America acquired by Chinese enterprise to date.
Braskem, Styrolution to explore potential styrenics joint venture in Brazil
The proposed 100,000 tpy plant would supply specialty styrenics, acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) copolymers, to customers in Brazil and throughout South America. Groundbreaking for the site could be expected as early as 2015, with production likely starting in 2017.
Enterprise to expand Aegis ethane pipeline in US
Long-term agreements have been executed, which support increasing the size of the Aegis pipeline to 20-inches in diameter, which will facilitate delivery of up to 425,000 bpd of ethane to the expanding petrochemical corridor along the Gulf Coast. Initial deliveries should begin in early 2014.
Dow Chemical to sell polypropylene catalysts business to Grace
The sale includes Dow’s polypropylene catalysts manufacturing plant at Norco, Louisiana, as well as all customer contracts, licenses, intellectual property and inventory.
Pacific Ethanol to make corn oil at California plant
Pacific Ethanol CEO Neil Koehler said his company was pleased to begin production, noting that corn oil is a "high value co-product" with multiple markets including animal feed and biodiesel. "Corn oil production at our ethanol plants is an important strategy to further diversify plant revenue," he said.
Kinder Morgan to extend Eagle Ford Shale pipeline
Kinder Morgan will invest $74 million to build an 18-mile, 24-inch diameter lateral pipeline northwest from its DeWitt station to a new facility in Gonzales County, where KMP will build 300,000 bbl of storage, a pipeline pump station and offloading facilities. The lateral will have a capacity of 300,000 bpd.
- 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
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
