North America downstream news
Honeywell provides cryogenic gas processing plant
Honeywell provides a cryogenic gas processing plant to Caprock Midstream, LLC for its Pecos Bend facility.
Air Liquide inks oxygen supply contract with LyondellBasell
Air Liquide has signed a long-term contract with LyondellBasell to supply oxygen to a new large-scale petrochemical plant.
Graham Corp. receives two petrochemical orders
Graham Corp. has been awarded US$4 million worth of orders in the US Gulf Coast petrochemical industry.
SNC-Lavalin wins EPC contract for INEOS petrochemical complex
SNC-Lavalin and JV Driver have been awarded an EPC contract from INEOS at its petrochemical complex in Texas, US.
Grace acquires Albemarle catalyst business
W. R. Grace & Co. has completed a US$416 million acquisition of the Polyolefin Catalysts business of Albemarle Corp.
Fluor awarded construction contract for MEG facility
Fluor has been awarded a construction contract for MEGlobal’s new monoethylene glycol facility in Freeport, Texas.
GlobalData: Downstream M&As down in 2H17
According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.
ExxonMobil begins engineering work on potential Gulf Coast polypropylene production expansion
If completed the expansion could increase polypropylene manufacturing capacity at the new facility by up to 450 000 tpy.
LyondellBasell granted clearance to acquire A. Schulman
The acquisition was ratified by the Federal Trade Commission, which gave early termination of the waiting period stipulated by US antitrust legislation.
RES Polyflow confirms renewable fuel agreement with BP
RES Polyflow’s plant in Indiana will convert plastic waste into ultra-low sulfur diesel fuel and naphtha blend stocks, which will then be purchased by BP for regional distribution in the petroleum market.