Petrochemicals

Excluding the first quarter gain from the Petroken business sale and the impact of maintenance activities, overall second quarter results were similar to the first quarter.

Petrobras has announced that the sale of its stake in Petrobras Argentina has been completed.

LyondellBasell has announced its plans to build a high density polyethylene plant on the US Gulf Coast.

Kepware® has announced it is participating in the LOGIIC initiative to improve cyber security in the oil and gas industry.

Westlake Chemical Corporation has announced its second quarter earnings for 2016.

Victory Energy has announced the completion of its 35 000 sq. ft. plant in Collinsville, Oklahoma.

HTL Training Services is the first organisation to offer ECITB's Gas Turbine 'Introduction to Operations and Inspections' qualification.

Baker Hughes has announced their results for the second quarter and first half of the year for 2016.

CB&I reported net income of US$123.8 million, or US$1.17 per diluted share, for the second quarter of 2016.

Hunt Valve has released an infographic highlighting three ways to minimise high pressure water valve leakage.

Sinopec has chosen Veolia, through its subsidiary Veolia China, to operate the entire water cycle of its Yanshan petrochemical complex.

Honeywell Process Solutions has announced that more than 130 Experion Orion Consoles are now installed at facilities worldwide.

Verdezyne has appointed David Kelsey as the new Chief Financial Officer.

In 2Q16, BASF saw a slight improvement in the macroeconomic environment, underlined by the recent increase in oil price and pickup in demand.

Chu Kong Petroleum Natural Gas Steel Pipe Holdings Limited has been awarded a price agreement to supply approximately 40 000 t of steel pipes for the Refinery and Petrochemical Integrated Development project.