Texas Petrochemical Fire Continues to Burn
Three workers were injured in a massive explosion on Wednesday that sparked a blaze at a Texas petrochemical plant, the latest in a series of chemical plant accidents in the region.An initial blast at a TPC Group complex in Port Neches, Texas, was followed by secondary explosions that shattered windows…
Three Injured in TPC Port Neches Explosion
Three workers were injured in an early Wednesday explosion that sparked a blaze at a petrochemical plant in Port Neches, Texas, the latest in a series of chemical plant accidents in the region.An initial explosion at the TPC Group plant was followed by secondary blasts, shattering windows and blowing locked doors off their hinges in homes near the facility…
Natural Gas Liquid Market to Cross 14 mbl/day by 2025
Global Natural Gas Liquid Market is poised to cross 14 million barrels per day by 2025, said a study.Japan natural gas liquid market is projected to surpass an annual consumption of 0.2 mbl/day said the latest study by Global Market Insights.Accelerating funding’s toward chemical industry along with…
Sibur Says New Gas Chemical Complex Will Cost up to $8 Bln
Russian petrochemical company Sibur said its plans to build a gas chemical complex in Russia's Far East will require preliminary investments of up to $8 billion and it is still looking for Asian partners.Sibur said a year ago that it had been in talks with a number of Chinese investors about participating…
Trelleborg Signs Framework Agreement with Statoil
Trelleborg’s offshore operation in Norway, signed a framework agreement with Statoil for the supply of Elastopipe, corrosion protection, Passive Fire Protection (PFP) as well as Thermal Insulation (Vikotherm R2, S1 and P7). The framework agreement is signed for six years. Hans Leo Hals, Managing Director for Trelleborg’s offshore operation in Norway…
China's 'steady-as-she-goes' Economy Carries On
China is no longer a driver of commodity demand, rather it has become a constant factor that can be relied upon to import relatively steady volumes of major natural resources. Both China's central bank and a respected think-tank expect further moderation in the economic growth rate next year, which…
High-performance Seals for Wind Power Facilities
Press release -Increasingly large facilities and ever more extreme locations are placing greater demands on seals in wind turbines. They must not only withstand severe fluctuations in temperatures but above all must be resistant to the lubricants used in their drive units. Freudenberg Sealing Technologies…
Kuo-Repsol Venture Agrees Power Plant Deal with Iberdrola
Mexican conglomerate Grupo Kuo said on Monday that Dynasol, its joint venture with Spain's Repsol, has signed a deal with Spanish firm Iberdrola to build a power plant in the northeastern Mexican state of Tamaulipas. The plant will have the capacity to generate 56 megawatts of electricity and 38 tons of water vapor needed for synthetic rubber production…