Petrochemicals

The oil and gas industry is driving the global heat exchangers market due to the increasing number of gas processing facilities, LNG facilities, tankers, and other related infrastructure.

The EIA has named Oman, as the largest non-OPEC oil producer in the Middle East.

Ballard Power Systems has received a follow on order from Nisshinbo for breakthrough Technology Solutions project.

Sundyne has secured a contract to supply magnetic-drive pumps to a new chemical processing plant in Freeport, Texas.

Hyundai Chemical has planned to expand it’s South Korean petrochemical complex using modular equipment and technology from Honeywell UOP.

The CEO of SABIC has said that competition is no deterrent for petrochemical producers in the Middle East, and that to remain viable, industry leaders should improve business operations.

Mercuria Energy Trading has welcomed a strategic investment by China National Chemical Corporation.

PowerCell Sweden AB has announced it has received an order for a prototype of a 100 kW PowerCell S3 fuel cell stack from a European company that will use it in an automotive application.

The Port of Rotterdam has announced that goods throughput increased by a total 4.9% to 466.4 million in 2015.

LyondellBasell has announced several senior leadership changes within its Olefins and Polyolefins and Intermediates and Derivatives, Technology and Procurement businesses.

Tank World Expo, the major tank storage event for the Middle East and North Africa regions, will take place on 12 - 13 April 2016 at the Dubai World Trade Centre.

Eagle Mountain Corp. and Shandong Pusheng Petrochemical Co. Ltd have signed a formal Heads of Agreement to pursue mutually beneficial management and financing projects in the oil, gas and natural resources industries.

StocExpo, which takes place on 15 - 17 March 2016, returns to the Antwerp Expo after two years in Rotterdam.

Emerson has been selected to provide automation and reliability technologies and services for Carbon Holdings’ Tahrir Petrochemicals Project at Ain Sokhna, Egypt.

According to a new report by Allied Market Research, the transformer oil market will be worth US$3.4 billion globally by 2020.