Europe
HP Impact: Chemical industry execs look to the future
Chemical industry executives plan to soon use the significant cash on their balance sheets to pursue strategic acquisitions and new product developments to spur company growth, according to a survey r..
HP Innovations: Innovations
Neste Oil makes progress on microbial oil plantFinland’s Neste Oil recently completed the first phase of a pilot plant for producing microbial oil. The €8 million plant is expected to be com..
HP Industry Perspectives: Industry Perspectives
Key industry officials answer a poll question from HydrocarbonProcessing.com
How do project management practices guide turnaround execution?
The complex nature of turnaround maintenance projects leads to the development of various methods of managing plant turnarounds. To discover the strengths and weaknesses of each approach during plant ..
Gunvor signs deal with Russian company Rosneft to export refined products
Commodity trader Gunvor Group won the contract to export products from Rosneft's three refineries in Russia's Samara region following a tender. Gunvor will export the products via its Ust-Luga terminal on the Baltic Sea and its 50%-owned Novorossiysk terminal on the Black Sea.
Vitol finishes design of small South Sudan refinery
With the refinery design complete, Mark Ware, director of corporate affairs, said Vitol is now working with the South Sudan government to review the next phases of implementation for the project.
Dresser-Rand targets small-scale LNG technology
Dresser-Rand believes Expansion’s patented process is the first technology to provide a cost-effective, small-scale LNG production method with capacities as low as 1,500 gpd—far smaller than any other LNG production system commercially available today, according to the company.
Fiatech and PCA lead charge for unified industry interoperability activities
Fiatech and the POSC Caesar Association (PCA) have endorsed unifying all industry-wide ISO 15926 interoperability initiatives under the name iRING.
European butadiene producers plot exports to US
The newfound love for shale gas in the US is leaving their petrochemicals industry in the dark, as crude oil feedstock for butadiene production goes out of vogue, and Europe is reaping the benefits. Indeed, US butadiene consumers are increasingly relying on foreign imports, says the report.
Dow Chemical to shut 20 plants, cut 2,400 jobs
Dow's CEO Andrew Liveris says the cutbacks demonstrate a resolve to tightly manage operations, particularly in Europe, while mitigating the impact of a "slow-growth environment". With the moves, Dow expects to save $500 million in annual operating costs by the end of 2014.
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