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WorleyParsons wins FEED contract for Biosynthetic Technologies’ first commercial base-oils facility

WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded a contract by Biosynthetic Technologies (BT; Irvine, Calif.) to perform FEED design and engineering services for a new synthetic base-oil facility that will commercialize BT’s unique technology converting natural oils into…

BASF invests in sustainable production for high performance silica adsorbents in Germany

BASF SE (Ludwigshafen, Germany; www.basf.com) today announced the mechanical completion of a significant investment at its adsorbents production site in Nienburg, Germany. Two new state-of-the-art dryers at the site support BASF’s long-term commitment to its customers and underline BASF’s corporate…

CB&I announces additional technology award for ZPC’s refinery in China

CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Zhejiang Petroleum and Chemical Co. Ltd. (ZPC) for the license and engineering design of a single-train 220,000-ton/yr diphenyl carbonate (DPC) unit, based on Versalis technology, for a petroleum-refining and…

Codelco awards Jacobs a contract for Chuquicamata Mine project

Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) has received a contract from Codelco to provide engineering, procurement and field support services for the overhaul of acid plants at the Chuquicamata Mine in northern Chile. Chuquicamata, an open pit copper mine,…

AkzoNobel announces plans to separate its Specialty Chemicals business unit

AkzoNobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) outlined a new strategy to accelerate growth and value creation with two focused, high-performing businesses – Paints and Coatings and Specialty Chemicals – which will lead to a step change in value creation for…

Chevron to sell Canadian downstream assets to Parkland

Parkland Fuel Corp. (Calgary, Alb., Canada; www.parkland.ca) announced that it has entered into an agreement with Chevron Canada Limited (CCL) to acquire all of the shares of Chevron Canada R&M ULC, which operates its Canadian integrated downstream fuel business. The…

Atlas Copco expands production facility in Hyderabad

Atlas Copco (Stockholm, Sweden; www.atlascopcogroup.com) has inaugurated an expanded manufacturing plant in India that will further boost productivity for mining customers. Atlas Copco has invested SEK110 million (around $12 million) in the expansion of the factory in Hyderabad, India, doubling…

ExxonMobil and Sabic select San Patricio County, Texas as location for joint petrochemical complex

ExxonMobil Chemical Co. (Houston; www.exxonmobilchemical.com) and SABIC (Riyadh, Saudi Arabia; www.sabic.com) announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. The proposed multibillion-dollar investment…

ISE Group, Total and SunPower start up the Nanao Solar Power Plant in Japan

ISE Group (Tokyo, Japan), Total S.A. (Paris, France; www.total.com) and SunPower Corp. (www.sunpower.com) have started up a 27-MW (peak) photovoltaic power plant in Nanao on Japan’s Honshu Island. Completed one year after the beginning of construction, the plant will generate…

Current Economic Trends: February 2017 CEPCI

The preliminary value for the February CE Plant Cost Index (CEPCI; the most recent available) represents a gain from the previous month’s value. Significant increases in the Equipment and Engineering & Supervision subindices offset a small decrease in the Construction…