Economics
Sulzer develops gas turbine solution for Chinese powerplant
Sulzer has developed and implemented a modular retrofit solution to help a gas turbine powerplant in Jiangsu Province, China, reduce nitrogen oxide (NOx) emissions and comply with a stringent new emissions standard.
Covestro expands production capacity for polycarbonate films in Thailand
Covestro plans to further increase its global production capacity for polycarbonate specialty films to meet the rising demand in the Asia-Pacific region and worldwide. The company has started building new extrusion lines at the Map Ta Phut Industrial Park in Thailand.
Evonik introduces more sustainable polyesters for the adhesives industry with DYNACOLL eCO
With its launch of DYNACOLL eCO polyesters, Evonik is contributing to the transition from fossil to renewable resources, for which its Coating & Adhesive Resins business line is pursuing the mass balance approach. The new line of polyesters enables cost-effective and rapid change of production on a large scale, helping to meet Evonik’s environmental and sustainability targets.
CEO of Angola's new $1-B Cabinda refinery sees 2024 start-up
The Cabinda refinery project is one of three new refineries planned for Africa's second biggest crude oil producer aiming to reduce its dependence on importing almost all its domestic refined product needs.
Asia-Pacific chemical processing industry expansion contributes to the shell and tube heat exchangers market
The expansion of the chemical processing industry is a notable factor contributing to the growth of the market in the Asia Pacific region. The region has a strong chemical processing sector, and the increasing demand for chemical products is driving the demand for heat exchangers, which are used to transfer heat in various chemical processing applications.
Thailand cabinet extends tax cuts on diesel to help with cost of living
Thailand's cabinet agreed to extend an excise tax cut on diesel for another two months to July 20 to help reduce the costs of living.
Emerson wins contract to automate $8.5-B Golden Triangle Polymers facility
Emerson will provide automation technologies, software and analytics from its Plantweb™ digital ecosystem for the Golden Triangle Polymers Project, a world-scale integrated polymers facility on the Texas Gulf Coast.
Citgo Petroleum posts record $2.8 B profit for 2022
Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.
Indian fuel demand in February was the highest in 24 yr
India's fuel demand hit its highest level in at least 24 years in February, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil.
Strategic Biofuels to bolster U.S. green fuels project through U.S. DOE loan guarantee
Strategic Biofuels announced today that it has been invited by the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to submit a Part II application for a proposed $1.6 B loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee Program.
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
- Technimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan 11/20
- 42% of U.S. energy/critical infrastructure providers exposed to weaponized AI and email attacks 11/20
- EIA: U.S. crude stocks fall on higher demand, fuel inventories rise 11/20
