Honeywell has named John Gugel as President of Honeywell UOP.
In the US, improved domestic gasoline demand and tighter middle distillate and fuel oil markets drove refinery margins to a new all-time high, and Atlantic Basin product markets saw gains across the barrel.
The BASF board of executive directors has made several personnel changes.
Reduced refinery output caused by planned and unplanned refinery outages, and record-breaking gasoline export levels and strong diesel inventory drawdowns, drove US margins to a record 3-yr high in April.
Atlantic Basin markets strengthened amid the onset of refinery maintenance season, while US support came from higher gasoline demand and gasoline price adjustments from the switch to summer RVP.
NEW ORLEANS -- Linked are digital copies of the daily editions of the official conference newspaper for the 116th Annual Meeting of the American Fuel & Petrochemical Manufacturers on March 12,13 & 14.
The Natural Gas Public Company of Cyprus (DEFA) has named Dr. Symeon Kassianides as the Non-Executive Chairman of DEFA. Dr. Kassianides is the Founder, Chairman and CEO of Hyperion Systems Engineering Group.
A lack of gasoline export opportunities amid increasing inflows of middle distillates impacted the European market. Stronger US domestic gasoline demand and falling inventories ahead of the transition to summer-grade quality supported refinery margins. The Asia market was impacted by a stronger domestic gasoline demand amid an upcoming switch to summer grades.
Udo Bauer has been appointed to the executive board of Hoerbiger Holding AG. Mr. Bauer will represent the compression technology strategic business unit, now comprised of the previous compressor OEM business area and the previous compressor service business area, as the business unit’s CEO.
Linde Engineering North America (LENA) has appointed Jason Cooper as President and CEO.