Asia/Pacific
HP Integration Strategies: Operational integrity management at Statoil
Asset-intensive industries continue to suffer from unplanned downtime, failure to meet planned production rates, and too many safety and environmental incidents. Until companies can manage and mitigat..
HP Automation Safety: MTTR: Reality vs. calculation
Many reliability engineers trained before IEC 61508 know the acronym MTTR as “mean time to repair.” I certainly learned that definition. Naturally, I think of the time it takes to repair som..
HP Industry Perspectives: Is it too early to be optimistic for 2014?
The increased availability of natural gas supplies are redefining energy conditions. New natural gas reserves are shifting the order for producing nations. Shale gas reserves, once difficult to extrac..
Chevron Phillips sells China polystyrene business
“The polystyrene plant is a productive and valued asset, but as a standalone operation for Chevron Phillips Chemical in China, the company has determined the asset is not a strategic fit,” said Dan Coombs, senior vice president of specialties, aromatics and styrenics for Chevron Phillips Chemical.
Osaka Gas Chemicals to acquire Jacobi Carbons
Jacobi is the world’s largest manufacturer and distributor of coconut shell activated carbon. The transaction, which has an enterprise value of $400 million, is expected to close in January 2014.
Honeywell’s UOP plans new China plant to produce catalysts, adsorbents
The initial phase of the investment will include catalyst and adsorbents production capacity for Honeywell UOP, a PMT business that is a leading supplier of catalysts, adsorbents, equipment and process technology for the petroleum refining, gas processing, petrochemicals and renewable energy industries.
DuPont expands China R&D hub for biomaterials
With this expansion, the DuPont China R&D Center in Shanghai will add 17,500 square meters and house an additional 150 researchers. Those researchers will focus on new material applications in solar energy, bio-based materials and automotive materials and testing capabilities.
Air Products to extend Singapore gas pipeline hub
Air Products plans to further extend its existing industrial gas pipeline network to the Tembusu area from its existing pipeline network in the Sakra area on Jurong Island, Singapore, to support the growth of chemical and petrochemical customers with cost-effective and reliable industrial gas supply.
GS Caltex selects CB&I as technology provider for new Korea paraxylene unit
The unit will use the BP paraxylene technology, exclusively licensed by CB&I, and will have a world-scale design capacity. The technology employs an innovative energy-efficient crystallization process to produce paraxylene. Start-up of the new plant is expected in 2016.
Global HPI spending likely to jump 15% in 2014
Newfound optimism stems from rising availability of gas supplies in several nations, rich shale reserves in North America, and a new expansion wave for petrochemicals.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
