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Management

Kuwait's KIPIC says first phase of Al-Zour refinery starts commercial operations

The commercial launch comes after the project started last month to produce and sell primary quantities of fuel oil and supply it to local power stations.

Site construction underway at TA’ZIZ and next major phase of growth launched

The centerpiece of the expansion will be a new world-scale, low-carbon footprint steam cracker to supply feedstocks for the various downstream production units.

Clariant completes acquisition of BASF’s U.S. Attapulgite business assets

The finalized deal also includes an agreement for the long-term supply of attapulgite-based products to BASF. The transaction will improve the EBITDA margin profile of Clariant’s Business Area Natural Resources while supporting the company’s path towards reaching its 2025 targets.

French refinery strikes are timed to hit hard

Strike action and unplanned maintenance has taken offline more than 60% of France's refining capacity - or 740,000 bpd - forcing the country to import more when global supply uncertainty has increased the cost.

The Downstream Rundown: In case you missed it 09/16

In case you missed any downstream news, here are the top stories from last week. These articles include announcements from Clariant, Aemestis, Evonik, ADNOC, Technip and more. Stay up to sate with the latest industry news.

Committee to decide fate of idled refinery

An advisory committee will decide the future of a 209,000-barrel-per-day refinery that remains idled amid sanctions on the operator.

Taiwan's Formosa Plastics Group says owners to reduce management role

TAIPEI (Reuters) -- Formosa Plastics Group said on Thursday it will set up a management center next month to allow the owners of one of Taiwan’s biggest conglomerates to reduce their role in the management.

Pemex could give up majority stakes in refineries

Pemex's CFO says the company is seeking partners to operate its money-losing refineries and plans to "dilute" its ownership in the plants.

Take steps to achieve lubrication maintainability

Des-Case Corp.: Barnes, M.

Do not accept that what the OEM delivered, or how the equipment has been configured for the past 30 years, must be maintained into the future. Optimize yourPM program and look for maintainability improvements to ensure that the right work can be performed in the right way and at the right time.

Failure prevention—The ultimate asset management strategy

Small Hammer Inc.: Snider, B.

The primary cause for losses and lost opportunities at refineries, chemical complexes, pipeline networks and gas processing facilities is equipment failures.