Process Optimization
Neste Jacobs, Coolbrook to develop new olefin cracking technology
Neste Jacobs, a technology, engineering and project management company and Coolbrook, a technology development company, are developing a new technology innovation in collaboration with University of Oxford's Osney Thermo Fluids laboratory, University of Cambridge's Whittle laboratory, and major chemical producers such as Dow Chemical as well as equipment manufacturers including MANTurbo. This innovation is based on hydrocarbon (e.g. Naphtha) cracking method, where ethylene, the core raw material for polyethylene is produced.
China’s Sinopec to spend $29 B upgrading four refining bases
BEIJING (Reuters) -- China's Sinopec group, parent of Sinopec Corp, will invest $29.05 billion to upgrade four refining bases between 2016 and 2020 to produce higher-quality fuels, the company said in an emailed statement on Thursday.
Neste Jacobs to deliver simulators to catalytic cracking unit, FCC gas recovery unit
Neste Jacobs, a technology, engineering and project management company and Neste, the world's largest producer of renewable diesel and producer of high-quality oil products, have signed an agreement regarding deliveries of NAPCON Simulators to Fluid Catalytic Cracking Unit and FCC Gas Recovery Unit to Porvoo refinery.
Siemens software helps predict product performance with digital twin
The latest release of Siemens’ STAR-CCM+ software includes several new features to help product development organizations enhance and accelerate their ability to digitally simulate and understand how a product will perform in the real world using the digital twin – a precise virtual model of a product’s physical and performance characteristics.
Gulf Oil announces new Gulf Pay mobile app
WELLESLEY HILLS, Mass. -- Gulf Oil today announced the launch of a new mobile payment application, Gulf Pay. The new offering, powered by P97's PetroZone mobile commerce platform, will enable Gulf customers to navigate to the nearest Gulf gas station, pay for fuel at the pump, and purchase products inside the convenience store utilizing mobile payment technology.
Gazprom Neft implementing advanced process control systems at Moscow refinery
An advanced process control (APC) system is being implemented at the Gazprom Neft Moscow Refinery, directed at increasing effectiveness and optimizing the operation of the plant’s production facilities. The new system has been installed throughout 2016 at the plant’s crude distillation units, catalytic reforming units, gas fractionating facilities, gas-fractionation and hydrotreatment facilities for diesel fuels.
Grace to license process technology to Dongguan Grand Resources, China
COLUMBIA, Md. -- W. R. Grace & Co., supplier of polyolefin catalyst technology and polypropylene (PP) process technology, contracted to license its UNIPOL PP process technology to Dongguan Grand Resource Science & Technology Co. Ltd. in the fourth quarter of 2016.
Dixon Valve & Coupling acquires ADS Controls
CHESTERTOWN, Md. – Dixon Valve & Coupling Company, a manufacturer and supplier of hose fittings and accessories, announces the acquisition of Automated Design Services, Inc. (ADS Controls) of Covington, La.
Schneider Electric’s new engineering process simulation unveiled
LAKE FOREST, Calif. – Schneider Electric announced availability of SimSci SimCentral for Process Utilities, a new platform to manage how processes are engineered across their entire lifecycle. With this platform, users can streamline process utility design, collaborate for process improvement and simplify modeling complexity. Benefits include reduced time and cost, an appealing user experience for the next generation of engineers and accelerated process simulation and design.
GE and Toyo sign MOU exploring digital solutions in petchem industry
General Electric Company and Toyo Engineering Corporation signed a memorandum of understanding for a joint project to explore digital solutions for the fertilizer and petrochemicals industry.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
