Middle East
Low oil jeopardizes Middle East chemical projects
The recent cancellation of the Al Sajeel and Al Karaana projects in the Middle East, consultant Sanjay Sharma said, are examples of how the oil price slowdown is already impacting specific investments in the region. He expects producers are going to be fairly cautious going forward with new investments.
Honeywell to supply technology, automation for Iraq’s new Karbala refinery
The grassroots refinery will use leading refining processes from UOP and automation controls from Honeywell Process Solutions (HPS) to allow the Karbala refinery to maximize production.
HP Industry Metrics
A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall.
Dow Chemical to reduce role in Kuwait JVs, plans new US Gulf MEG plant
MEGlobal will build a new MEG plant on the US Gulf Coast -- enabling MEGlobal and its parent companies to enjoy growth and drive significant expansion of MEGlobal’s geographic footprint.
Global petrochemical prices fall to six-year lows
Petrochemical prices, expressed as a monthly average, fell $102/ton from August to $786/ton in September. This is the second straight month where the average price has fallen over $100.
Total, Saudi Aramco remain interested in SATORP petrochemicals expansion
A leading Total executive told Reuters that the SATORP expansion would be large and involve capacity increases for linear-alpha olefins, poly-alpha olefins and elastomers.
Improve refinery margins with new crude selection concept
A refinery with an active crude selection strategy encompassing dedicated staff, preapproval of all new crudes and an updated crude acceptance window can gain $0.5/bbl–$1/bbl vs. a more passive strategy.
Maintaining gas system accuracy and reliability through calibration
In the process industries, laser-based analytical techniques have emerged as a popular method of examining process line samples because of their high level of durability, fast response time and minimal maintenance requirements.
Managing the recovery from the Jaipur oil terminal fire
In October 2009, a devastating fire at the oil terminal in Jaipur, India, killed 11 people, injured many more and incurred a significant financial loss.
HP Automation Strategies: APC technology adapts quickly to economic changes
With significant fluctuations in feedstock and energy prices, making economic changes quickly is vital to capitalize on the most profitable assets.
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- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
