Americas
Strong global petrochemical margins in early 2011 defy rapidly rising crude prices - study
The petrochemical industry enjoyed a strong start to 2011, defying the sharp rise in crude oil prices, according to a study from global consulting firm Nexant.
Solutia to supply heat transfer fluids for world's largest solar generation plant
Solutia, a global leader in performance materials and specialty chemicals, has been awarded a contract to supply its Therminol VP-1 synthetic heat transfer fluid for the Solana solar power plant project, which is slated to be the world's largest solar power plant.
Global materials firm Styron to change name to Trinseo in 2011
Styron, a leading US-based global materials firm formed in June 2010, has announced plans to change its company name to Trinseo.
U.S. seeks higher ethanol fuel consumption, aims for 10,000 new flex-fuel pumps
The Obama administration hopes to install 10,000 flexible fuel pumps in the U.S. over the next five years, allowing drivers to blend gasoline with up to 85 percent ethanol (E85) in cars able to handle such mixes.
John Zink, Coen affiliates agree to buy Hamworthy Combustion
Affiliates of John Zink Co. and Coen Co. have reached an agreement to acquire UK‐based Hamworthy Combustion Engineering Ltd. and U.S.‐based Hamworthy Combustion from subsidiaries of Citi Holdings.
Eagle Ford crude on the express to Corpus
Flint Hills Resources has completed long-term arrangements with Anadarko Petroleum Corp. and Harvest Pipeline Company that will bring additional quantities of Eagle Ford crude and condensate production to Corpus Christi.
Capstone Turbine Corp. secures two new orders from large US energy firm
Capstone Turbine Corp., the world's leading clean-technology manufacturer of microturbine energy systems, today announced it recently secured two new orders from a large US energy and gas transmission company.
Flint Hills Resources gives $65,000 to conservation group for Minnesota waterfowl habitat
Flint Hills Resources’ Pine Bend refinery in Minnesota awarded a $65,000 grant to Ducks Unlimited to help protect and restore the state’s habitat for waterfowl and other wildlife.
Poll shows 90% of Americans believe refining and petrochem manufacturing are important
A poll released today shows that 90% of Americans believe the nation’s petroleum refineries and petrochemical manufacturing plants are among America’s “most important” or “important” industries.
Ex-Im Bank gives initial approval for $2.8 billion in financing for Colombian refinery
The Board of Directors of the Export-Import Bank of the US today voted to grant preliminary approval for a $2.84 billion direct loan/loan guarantee to Colombia’s Refinería de Cartagena S.A. (Reficar).
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- Armstrong International to double heat pump production capacity in Herstal, Belgium 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
