Americas
Kobelco opens new compressor plant in California
Kobe Steel subsidiary Kobelco Compressors America (KCA) has opened a new $20 million factory in Corona, California, that will double its manufacturing capacity of compressor systems, the company said on Thursday.
Strong global petrochemical margins in early 2011 defy rapidly rising crude prices - study
The petrochemical industry enjoyed a strong start to 2011, defying the sharp rise in crude oil prices, according to a study from global consulting firm Nexant.
Solutia to supply heat transfer fluids for world's largest solar generation plant
Solutia, a global leader in performance materials and specialty chemicals, has been awarded a contract to supply its Therminol VP-1 synthetic heat transfer fluid for the Solana solar power plant project, which is slated to be the world's largest solar power plant.
Global materials firm Styron to change name to Trinseo in 2011
Styron, a leading US-based global materials firm formed in June 2010, has announced plans to change its company name to Trinseo.
U.S. seeks higher ethanol fuel consumption, aims for 10,000 new flex-fuel pumps
The Obama administration hopes to install 10,000 flexible fuel pumps in the U.S. over the next five years, allowing drivers to blend gasoline with up to 85 percent ethanol (E85) in cars able to handle such mixes.
John Zink, Coen affiliates agree to buy Hamworthy Combustion
Affiliates of John Zink Co. and Coen Co. have reached an agreement to acquire UK‐based Hamworthy Combustion Engineering Ltd. and U.S.‐based Hamworthy Combustion from subsidiaries of Citi Holdings.
Eagle Ford crude on the express to Corpus
Flint Hills Resources has completed long-term arrangements with Anadarko Petroleum Corp. and Harvest Pipeline Company that will bring additional quantities of Eagle Ford crude and condensate production to Corpus Christi.
Capstone Turbine Corp. secures two new orders from large US energy firm
Capstone Turbine Corp., the world's leading clean-technology manufacturer of microturbine energy systems, today announced it recently secured two new orders from a large US energy and gas transmission company.
Flint Hills Resources gives $65,000 to conservation group for Minnesota waterfowl habitat
Flint Hills Resources’ Pine Bend refinery in Minnesota awarded a $65,000 grant to Ducks Unlimited to help protect and restore the state’s habitat for waterfowl and other wildlife.
Poll shows 90% of Americans believe refining and petrochem manufacturing are important
A poll released today shows that 90% of Americans believe the nation’s petroleum refineries and petrochemical manufacturing plants are among America’s “most important” or “important” industries.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
