Petrochemicals

GP Petroleums Ltd (GPPL) has signed an agreement with MAG Lube LLC to manufacture and market IPOL lubricants across the world.

A two-stage dry-running booster compressor manufactured by Mehrer Compression GmbH has helped the Taiwanese Oriental Union Chemical Corp. improve energy efficiency.

Sources who have visited the construction site of the Dangote oil refinery near Lagos, Nigeria, have told Reuters that it is unlikely to begin production until 2022, two years later than the target date.

Toyo Engineering Corp. has secured a contract to add two naphtha cracking furnaces to increase ethylene production at Maruzen Petrochemical Co’s Chiba plant in Japan.

Under the terms of the contracts, two 100 000 metric tpy polycarbonate plants in China will use KBR's proprietary phosgene-based interfacial polycarbonate technology PCMAX™.

Andrea Carcanco of Nozomi Networks told Black Hat conference attendees yesterday that further Triton-like attacks against industrial control systems are likely.

Dmitry Konov, Chief Executive of the Russian petrochemicals producer Sibur, has told Reuters that the company is looking at various options on capital markets, but chose not to confirm whether that included plans for an initial public offering.

Reuters is reporting that the Nghi Son oil refinery in Vietnam is seeking approval from the Ministry of Trade and Industry to export oil products, according to three industry sources.

SCG has signed loans with six financial institutions and will begin construction on the Long Son Petrochemicals project this quarter.

S & B Engineers and Constructors has moved its Northeast Operations office to a larger space in Canonsburg, Pennsylvania.

The combined solution of Cost Engineering’s Cleopatra Enterprise and KBC’s Petro-SIM platforms is applicable to NGL processing, oil refining and petrochemical operations.

The acquisition moves Ergon into the specialty chemicals market, building on its ambition to being a global leader in the refining and marketing of specialty products.

MOL Group will support the completion of APK’s plastic recycling plant in Germany.

The GPCA Forum will take place in Dubai on 26 – 28 November.

Following clearance from the European Commission, INEOS Enterprises has confirmed it has concluded the sale of INEOS Baleycourt and INEOS ChloroToluenes (ICT) to Valtris Specialty Chemicals for an undisclosed amount.