Americas
ITT picks up OI and enhances its global analytical instrumentation business
ITT Corp. has completed its previously announced acquisition of OI Corp. for approximately $29 million. OI is a provider of innovative instrumentation for laboratory and environmental testing in the pharmaceutical, petrochemical, power and industrial markets.
Chevron to sell fuels marketing and aviation businesses in parts of the Caribbean and Central America
Chevron has agreed to sell its fuels marketing and aviation businesses in Antigua, Barbados, Grenada, Dominica, St. Lucia, St Vincent, Guyana, St. Kitts, French Guiana, Martinique, Guadeloupe, Trinidad, Nicaragua, Costa Rica and Belize to Vitogaz, SA, a wholly-owned subsidiary of RUBIS, an international downstream petroleum company based in France.
Technip awarded a flare gas recovery contract in Texas
Technip has an engineering, procurement and construction support lumpsum contract with Valero Refining for two flare gas recovery units at its Port Arthur, Texas refinery.
Arkema to invest $110 million in its US acrylics businesses
Arkema has an investment plan for its acrylics sites in Clear Lake and Bayport, Texas.
NPRA says EPA E15 misfueling regs won’t help consumers
Gregory M. Scott, executive vice president and general counsel of NPRA, the National Petrochemical & Refiners Association, testified at an Environmental Protection Agency (EPA) public hearing today that proposed EPA regulations designed to prevent misfueling with gasoline containing 15% ethanol (E15) will fail to protect consumers.
Asian investment creates opportunity for flow and filtration equipment
The expansion of sewage transport, primary treatment and secondary treatment in Asia is creating market opportunities for suppliers of pumps valves, scrubbers, chemicals, controls, filters and other water pollution control equipment.
Does the US East Coast face a flood of refined products imports?
During the third quarter of 2010, US refining industry performance declined, relative to the prior quarter, said Baker & O’Brien in a recently released report.
Braskem and INEOS Technologies partner up for polyethylene technologies
Braskem and INEOS Technologies have entered into a strategic partnership for polyethylene (PE) technologies.
EPA issues pollution permitting guidance to US states
The US Environmental Protection Agency (EPA) is making available guidance and tools to help state and local air permitting authorities identify cost-effective pollution reduction options for greenhouse gases (GHGs) under the Clean Air Act. As of this writing, Texas is the only state not participating, refusing to revise its permitting rules.
Aon launches global energy risk engineering unit
Aon Risk Solutions has consolidated its energy risk engineering assets around the world to form a new unit, known as Aon Energy Risk Engineering.
- U.S. firms to develop Syria energy masterplan after Trump lifts sanctions 7/18
- Russian seaborne diesel exports for July 1–15 fall 6% month-on-month 7/18
- INEOS invests £30 MM to slash emissions at Hull site by 75% 7/18
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
