Downstream petrochemical news
British Valve and Actuator Association co-opts ‘future leader’ to board of directors
Dave Godfrey will represent the ongoing interests of the organisation’s Future Leaders Programme.
Toyo awarded petrochemical project in Russia
Toyo Engineering Corporation has been awarded a contract to build a 650 000 tpy ethylene and polyethylene plant located in Ust-Kut, Irkutsk region, Russian Federation by Irkutsk Polymer Plant, a subsidiary of Irkutsk Oil Company (INK).
EIA: US expands its role as world’s leading ethane exporter
US exports of ethane have increased from nearly nothing in 2013 to an average of 260 000 bpd through the first 10 months of 2018.
Toyo-Korea awarded petrochemical project in Thailand
Toyo Engineering Korea Limited (Toyo-Korea), a Korean subsidiary of Toyo Engineering Corporation has been awarded engineering, procurement and construction project.
Pembina Pipeline Corp. announces positive final investment decision on an integrated petrochemical facility
The facility is expected to be in-service in mid-2023.
Irving Oil acquires Top Oil
Irving Oil will continue operation of the Top Oil business and its assets on a business-as-usual basis.
Saudi Aramco and Total ink deal with Daelim
Saudi Aramco and Total have announced an agreement with Daelim to build a new polyisobutylene facility.
Chevron agrees with Petrobras to buy Pasadena Refinery System
Assets include a refinery with a capacity to process approximately 110 000 bpd of light crude.
BHGE commits to reducing carbon dioxide equivalent emissions to net zero by 2050
On the first day of its 20th Annual Meeting in Florence, Italy, Baker Hughes, a GE company, announced its commitment to reduce its carbon dioxide equivalent emissions 50% by 2030, achieving net-zero CO2 equivalent emissions by 2050.
API report shows record-breaking December for US oil and gas industry
With record refinery throughput, total petroleum inventories built to within 2.6% of the maximum of the 5-year historical range.