Petrochemicals
The downstream rundown: In case you missed it 08/26
In case you missed any downstream news, here are the top stories from last week.
PetroChina’s Dagang refinery commissions new alkylation unit using Ionikylation Technology
PetroChina Dagang Petrochemical Company successfully commissioned a 150,000 tpy Ionikylation unit for the production of high octane alkylate. Start-up activities were completed mid-August.
OPC Foundation and FieldComm Group to develop an instrumentation device profile for OPC UA Field eXchange
The aim is to provide an interoperable interface between PLC / DCS and instrumentation devices, such as transmitters, instruments, and actuators. The solution shall support different industries such as oil & gas, pharmaceuticals, chemicals, energy, water & wastewater, and pulp & paper.
Wood wins two major multi-million-dollar projects in Uzbekistan
Wood has secured two new contracts from Enter Engineering with a combined value of over $200 MM, to deliver major capital investment projects in Uzbekistan.
Baker Hughes acquires Quest Integrity to deliver expanded asset inspection solutions for the energy and industrial sectors
Baker Hughes has announced an agreement to acquire Quest Integrity for technology-enabled asset inspection and reliability management solutions across the pipeline, refining, petrochemical and power generation sectors.
Corpus Christi Polymers awards Worley contracts for facilities producing plastics
Corpus Christi Polymers has awarded Worley construction management and general services contracts. The scope of the construction management contract includes Corpus Christi’s new PET and PTA facilities in Corpus Christi, Texas, USA.
Borealis prolongs stand-still for its PDH plant construction site
In light of recent developments and news reports about alleged malpractices at one of its contractors at the new PDH construction site at Kallo, Belgium, Borealis has decided to declare a three day stand-still for its Kallo PDH construction site.
Vietnam firm to build $1.5 B polypropylene plant
A private Vietnamese petrochemicals firm is planning to invest $1.5 B in a polypropylene plant in the northern province of Quang Ninh.
Valvoline fuels retail drive with $2.65 B lubricants unit sale to Saudi Aramco
Valvoline Inc is selling its unit that makes lubricants, coolants and other automotive products to state-owned Saudi Aramco for $2.65 B in cash to sharpen focus on its retail services business.
PetroChina begins $4.5-B refinery expansion
PetroChina has launched a $4.52 B program to expand a subsidiary refinery in southern China into an integrated petrochemicals complex.
- Australia’s biggest LNG plants suffer outages due to cyclone, straining global supply 3/27
- Iran war chokes petrochemical supply, sends plastic prices soaring 3/27
- Stockholm Exergi taps Inprocess to deliver advanced process simulator for BECCS project 3/27
- Japan to relax rules from April to boost coal-fired power amid LNG import risks 3/27
- Velan releases upgrades to its delayed coker isolation valves 3/27
- AFPM: ‘Baffling’ final RFS will break cost records. In fact, it already is 3/27
