Europe
Global PVC growth to continue, but new China capacity will limit op rates - report
Polyvinyl chloride (PVC) demand growth is forecast to continue in 2011, but the start-up of additional capacity in China will lead to global operating rates remaining low, according to a new report from US-based consultancy ChemSystems.
Consultancy KBC predicts global refining margins under pressure through 2015
Energy consultancy KBC Advanced Technologies foresees global refining margins continuing under pressure as recovering global demand is met by a wave of new refining capacity construction, keeping global refining utilisation rates at around 85% of nameplate capacity at least through 2015.
Rotating equipment firm Dresser-Rand closes on €500mn deal for Spanish engine supplier
Rotating equipment company Dresser-Rand closed on its previously-announced acquisition of Spanish diesel and gas engine supplier Grupo Guascor S.L. (GG) from shareholders for a total enterprise value of €500mn (approximately $740mn) in cash and stock.
Technip awarded €100mn EPC contract for Canada oil sands project
France-based Technip said it has been awarded an engineering, procurement and construction (EPC) support contract worth approximately €100mn for the Horizon oil sands project in Fort McMurray, Canada.
Deferred maintenance causes upsurge in pump failures
Not addressing the root cause of a failure puts resources and employees at risk
Avoid costly engineering faults, missteps and miscalculations
Experience does count, especially in achieving success in capital and revamp projects
Nickel recycle: Extending service life for reformer tubes
Case studies investigate methods to conserve high-nickel tubes for fertilizer facilities
Consider new materials for ethylene furnace applications
An innovative metallurgy solves maintenance issues
Testing and repair options for critical dry-gas seal: Updates
Do your research when sending compressor seals out for renovations
How to justify root-cause failure analysis for pumps
New method uses annualized risk to determine RCFA analysis levels
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