Petrochemicals

According the US EIA's Today in Energy, low inventories and supply developments are affecting Asian residual fuel oil prices.

PKN ORLEN has selected Quintiq’s software solution to help master its complex distribution requirements.

Fuel ethanol production capacity in the US reached 15.5 billion gal./year, or 1.01 million bpd, at the beginning of 2017.

Petroplan’s second ‘Talent Insight Index’ has stressed the need for digital experts to join the oil and gas industry.

Savage Saudi Arabia has announced it will provide one of the first industrial rail switching operations in the Kingdom of Saudi Arabia at Saudi Aramco’s natural gas plants.

Chevron Lummus Global has announced it has been awarded four new technology licenses for a refining and petrochemical complex in China.

Braskem has announced it has approved its construction of Delta, the largest polypropylene production line in the Americas at a plant in La Porte, Texas.

CB&I has announced that it has been awarded a contract for an ethane cracking furnace project.

As part of the agreement, the entities have announced the establishment of Fujairah Terminals, a new operational arm wholly owned by Abu Dhabi Ports.

Two students from the Izmir Institute of Technology have used Honeywell’s simulation software to demonstrate how to produce petrochemicals from algae.

Lloyd’s Register will provide a risk-based inspection system for a new residue upgrading and olefin downstream complex.

Petroplan has announced that it has been awarded with a new worldwide contract from existing partner Sasol.

Chevron Phillips Chemical has announced a major milestone of its US$6 billion US Gulf Coast petrochemicals project.

Kirby Corporation has announced it has entered into an agreement to purchase Stewart & Stevenson LLC.

MMEX Resources Corp. has announced it has secured a US$3 million equity agreement, and plans to start a Permian Basin refinery with a 10 000 bpd initial unit.