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Americas

M&G picks Corpus Christi as site for new PET plant

M&G Group, the largest Americas producer of polyethylene terephthalate (PET) for packaging applications, has selected Corpus Christi, Texas, as the location for its previously-announced 1 million tpy PET plant and accompanying 1.2 million tpy terephthalic acid (PTA) plant.

Williams to expand US mid-Atlantic natgas pipeline

Williams Partners said Monday that the US Federal Energy Regulatory Commission (FERC) approved a proposal to expand its Transco natural gas pipeline to provide an additional 142,000 dekatherms of incremental firm transportation capacity to serve growing markets in the mid-Atlantic region by November 2012.

Engineering firm Bechtel buys delayed coking technology from ConocoPhillips

Global engineering firm Bechtel has purchased ConocoPhillips’ leading delayed coking technology, a move that uniquely positions Bechtel for growth in the refining industry, the companies said on Tuesday.

Natural gas company Chesapeake seeks to reduce US dependence on OPEC oil

In an effort to help break what it described as a 38-year stranglehold by OPEC on the US economy, Chesapeake Energy unveiled a plan that it says offers a scalable and affordable pathway toward a transportation future that runs on domestic supplies of natural gas and oil from deep shale and other unconventional formations.

Shipper commitment period extended for proposed Cushing-to-Houston crude pipeline

Enterprise Products and Energy Transfer today announced a three-week extension of the binding open commitment period for capacity on the proposed Double E crude oil pipeline from Cushing, Oklahoma to Houston.

API chief executive urges US to expedite offshore permitting programs

American Petroleum Institute (API) CEO Jack Gerard said on Friday that speeding up offshore permitting programs in US waters could allow President Barack Obama to reverse disappointing employment numbers while generating additional revenue to help with the debt crisis.

Martin Midstream to build Corpus Christi terminal, will take crude from Eagle Ford shale

Martin Midstream will build a new terminal at the Port of Corpus Christi, Texas to receive crude oil from the Eagle Ford shale via the recently announced Harvest Gardendale pipeline, company officials said.

Sherwin-Williams acquires UK fire protection coatings firm Leighs Paints

UK-based industrial fire protection coatings company Leighs Paints has been acquired by US-based paints major Sherwin-Williams. The acquisition significantly enhances the product portfolio of the company’s protective and marine business, the company said.

Foster Wheeler wins YBF project for delayed coker heater in Argentina

Foster Wheeler has been awarded a contract by YPF S.A. for the delayed coker heater at the new delayed coking unit at YPF’s Complejo Industrial La Plata in Argentina. Foster Wheeler’s scope of work includes engineering, equipment supply and supervision to construction and start-up, it said.

US Senators agree to end ethanol subsidy, tariff

Three US senators struck a deal on Thursday to repeal the $6 billion/year ethanol tax credit by the end of July, according to California Democrat Dianne Feinstein. Feinstein crafted the deal with ethanol advocates Amy Klobuchar (Democrat-Minnesota) and John Thune (Republican-South Dakota).