Asia/Pacific
High electronics demand prompts Air Products to build Korea nitrogen plant, expand pipeline
Air Products will raise production of gaseous nitrogen and expand its nitrogen pipeline in the Gumi National Industrial Complex in Korea’s North Gyeongsang Province to serve increasing demand from electronics customers, the US-based industrial gases firm said on Monday.
CB&I to work on LNG trains at Chevron Australia Gorgon project
Chevron Australia has awarded CB&I a contract for the mechanical, electrical and instrumentation work on the Gorgon project on Barrow Island, Western Australia. The contract has an estimated value of $2.3 billion and is scheduled to be completed in 2015.
ConocoPhillips to spin off downstream business
ConocoPhillips’ board of directors has approved the separation of the company’s Refining & Marketing and Exploration & Production businesses into two stand-alone, publicly traded corporations via a tax-free spin of the refining and marketing business to shareholders.
BASF picks Fluor as engineering partner for Asia, Europe chemicals projects
Germany-based BASF has chosen Fluor as an engineering partner for chemicals and petrochemicals projects across Asia and Europe, the companies announced on Thursday. The partnering agreements will cover capital investment projects with separate service orders throughout Asia and Europe.
Foster Wheeler to design steam generators for Korea ‘green’ power project
Foster Wheeler has been given notice to proceed by Hyundai Engineering and Construction for the design and supply of four 550 MWe (gross megawatt electric) supercritical circulating fluidized-bed (CFB) steam generators for the Samcheok green power project from owner Korea Southern Power Co. (KOSPO).
Kobe Steel boosts compressor production in China
Kobe Steel has increased production capacity at its compressor plant in Shanghai, China, with a new manufacturing line starting commercial operations. Approximately 74 million yuan (600 million yen) was invested in the expansion.
Technip awarded engineering contract from Solvay to study China greenfield chem plant
Solvay awarded Technip with an engineering services contract to study construction of a greenfield chemical plant in Taixing, Jiangsu Province, China.
Floating LNG group eyes new Timor Sea project near Australia coast
The engineering division of Linde Group and project partner SBM Offshore have signed an agreement with PTT FLNG Ltd. and PTTEP Australasia to develop a floating liquefied natural gas (FLNG) facility in the Timor Sea off the coast of northern Australia.
Dow forms lithium-ion battery JV with Japan's Ube
Dow Chemical and Japan-based Ube Industries have agreed to form a joint venture to manufacture and market formulated electrolytes for lithium-ion batteries (LIBs) in energy storage applications.
Oil and gas software firm DNV buys rival Synergi
DNV has acquired Synergi Solutions, enlarging its present software portfolio extensively together with 30 new employees, the oil and gas industry software firm said on Wednesday.

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