Petrochemicals
AkzoNobel sells paper chemicals unit to Kemira
AkzoNobel has finalized the €153 million divestment of its global paper chemicals business to Kemira. The deal was first announced in July 2014.
Maximize energy recovery with small steam turbines
Using smaller turbines (50 kW to 300 kW) can aid system efficiency and help conserve energy. We investigate examples in which the application of smaller steam turbines provided return on investment within two years.
The Middle East’s strategic expansion of refined products exports
Already a leader in crude oil exports, the Middle East is making a deliberate move to increase its participation in the refined and petrochemical products markets. It is likely that the ME will continue to add downstream projects. Refining capacity will center on domestic demand and export opportunities to Asia-Pacific and Europe.
IRPC 2015: Advancing the global HPI by sharing knowledge and best practices
May 31–June 3, 2015 Jumeirah at Etihad Towers, Abu Dhabi, UAEThe sixth annual IRPC features a four-day forum focused on the downstream industryDay 1—Full-day workshop presented by Takreer Re..
HP Editorial Comment: Change is redefining the petrochemical industry
The petrochemical industry is embracing more “change” that is largely due to the recent drop in crude oil prices.
HP Petrochemicals: M&A deals rise as investors push petrochemical leaders to restructure
Oil and petrochemical companies are seeking strategies to remain competitive as their cash flows continue to take direct hits due to depressed oil prices. This is resulting in significant restructurin..
HP Viewpoint: Methanol takes on LNG for future marine fuels
As the lifecycle economics of using MeOH compared with other emission compliance options become more evident, we will see the tide rising on the use of MeOH as a marine engine fuel.
HP News
Shell to become largest LNG player with €47-B BG Group acquisition Royal Dutch Shell’s agreement to purchase BG Group for approximately €47 B in cash and shares is the oil and gas ..
HP Industry Metrics
Global product markets and refinery margins, particularly in the US, have seen steady improvement since January. Worldwide gasoline demand has soared in recent months in both OECD and non-OECD regions..
HP People
Cornelius Weitzmann has been appointed managing director of the Power, Oil & Gas business division at Voith Turbo GmbH & Co. KG. He will be taking over from Matthias Grawe, who is leaving the company...
- EPA finalizes historic new renewable fuel standards to strengthen American energy security 3/30
- The role of integrated biorefineries in achieving alternative fuel goals 3/30
- The entire Itabus fleet travels with Enilive HVO diesel biofuel 3/30
- Czech government agrees to release 100,000 tonnes of crude from reserves 3/30
- South Korea's LG Chem to import Russian naphtha 3/30
- PetroChina says operations 'overall normal', Strait of Hormuz accounts for about 10% of its supplies 3/30
