Downstream contract news
TEN Ltd announces 36-month market-related charters for two product tankers
The two fixtures combined are expected to generate US$33.0 million of gross revenues.
Sphera acquires Petrotechnics to enhance end-to-end operational risk solution
Terms of the deal were not disclosed.
Grace licenses polypropylene technology to Hanwha Total Petrochemical
UNIPOL PP Process Technology will be used for a new 400 000 tpy facility in Daesan, South Korea.
Hastings announces investment in A&L Industrial Services
A&L is a provider of scaffolding, insulation and industrial coating services to refineries, petrochemical plants and LNG facilities.
Thelma Kipe joins Operational Sustainability, LLC
Operational Sustainability, LLC have announced Thelma Kipe has accepted the position of Vice President for Customer and Product Management.
Commissioning process underway for LNG vessel safety system
A high integrity pressure protection system has been commissioned for shipbuilder DSME, for use in an FSRU.
Alfa Laval wins SEK180 million pumping orders
The company will supply Framo pumping systems to an oil facility in the Middle East and to an FPSO to be built in China.
Alpek JV acquires Corpus Christi PTA-PET plant
Alpek, Indorama and Far Eastern will each have the right to receive one third of the capacity of PTA and PET produced at the Corpus Christi Project upon completion.
American Midstream receives revised buyout offer from ArcLight
Pursuant to the non-binding proposal, ArcLight would acquire all common units of American Midstream Partners.
Wison Group enter light hydrocarbon project in Tianjin
Wison (China) Holding Company and Tianjin Development Zone Administrative Committee officially entered into an 'Investment and Cooperation Agreement on Light Hydrocarbons Comprehensive Utilization Project'.