Europe
EU Parliament seeks stricter greenhouse gas rules
The European Parliament is calling for fast action to reduce non-CO2 climate forcers including black carbon soot, hydrofluorocarbons (HFCs), methane, and ground-level ozone, which together are responsible for nearly half of climate forcing, the group said.
Praxair to supply gases for Russia glass facility
Praxair has reached a 15-year agreement to supply nitrogen and hydrogen to Guardian Industries’ new float glass facility in Rostov, a growing industrial region in southern Russia.
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
Technip buys subsea service firm Global Industries
France-based engineering firm Technip announced a $937 million deal to acquire US-based Global Industries, reinforcing its leadership in the subsea segment of oil services.
Eastman to expand global capacity for plasticizers
Eastman Chemical announced a second expansion of its Benzoflex plasticizer line at the Kohtla-Järve site in Estonia. The expansion will increase capacity at the site by an additional 11,000 metric tons and is expected to be completed by the end of the 2012 second quarter.
BP sells stakes in southern Africa fuels marketing
BP has completed the sale of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania to Puma Energy. The sale of the final business in Tanzania completed on September 1, the company said.
Shell to invest $800mn in Ukraine shale gas
Shell has agreed to invest up to $800 million as part of a project to extract shale gas in Ukraine, according to officials with both the company and the Ukraine government.
Consider new processes for clean gasoline and olefins production
Advanced technologies promote propylene yield while reducing olefins in gasoline
Maximize propylene from your FCC unit
Innovative use of catalyst and operating conditions increases on-purpose olefin production
Refining outlook: Capacity expansion and rationalization
Many factors are reshaping the global refined products industry, leading to inevitable change
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
