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Connected Plant Show Preview 2019

The 2019 Connected Plant Conference (www.connectedplantconference.com) is being held February 19–21 in Charlotte, N.C. The event will bring together experts from around the globe to discuss the practical implementation of Industrial Internet of Things (IIoT) and other digital technologies in…

Trinseo names new CEO

Trinseo (Berwyn, Pa.; www.trinseo.com) announced that Frank A. Bozich has been named President and CEO, effective March 4, 2019.   He replaces Christopher D. Pappas, who recently announced his plans to retire following his tenure as President and CEO of Trinseo…

TechnipFMC awarded contract for ExxonMobil’s Beaumont refinery expansion

TechnipFMC (Houston; www.technipfmc.com) has been awarded a large ($500 million and $1 billion) reimbursable contract by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) for detailed engineering, procurement, and construction for the recently announced crude expansion project in Beaumont, Texas, USA. The awarded…

Pertamina and Eni sign MOU for circular economy projects, including construction of joint biorefinery in Indonesia

The President Director of Pertamina, the state-owned National Oil & Gas Company of Indonesia, Nicke Widyawati, and Claudio Descalzi, CEO of Eni S.p.A. (Roma, Italy; www.eni.com), signed a Memorandum of Understanding (MOU) to investigate synergies of their respective technologies, expertise and…

Toyo wins significant petrochemicals contracts in Russia and Thailand

Toyo Engineering Corp. (Chiba, Japan; www.toyo-eng.co.jp) has been awarded two major contracts in the petrochemicals sector — one in Russia and one in Thailand. In Russia, Toyo has been awarded a contract to build a 650,000-metric tons per year (m.t./yr)…

Cabot to divest its Specialty Fluids business for $135 million

Cabot Corp. (Boston, Mass;. www.cabot-corp.com) has entered into a definitive agreement to sell its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited, a wholly owned subsidiary of Sinomine Resource Group Co., Ltd., in a transaction valued…

U.S. chemical production rose in December, ACC says

According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.6 percent in December, following a 0.3 percent gain in November and a 0.4 percent decline in October. During December,…

ExxonMobil to begin construction of new production unit at Beaumont refinery

ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000 barrels per day. The…

Saint-Gobain opens float-glass manufacturing site in Chennai

Saint-Gobain (Paris, France; www.saint-gobain.com) has opened a new flat glass production line (float) located in Sriperumbudur, near Chennai, India, at a ceremony attended by Pierre-André de Chalendar, Chairman and CEO of Compagnie de Saint-Gobain. This new state-of-the-art facility was built…

Cepsa and Cosmo Energy sign MOU for collaboration in the lubricants market

Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) and Cosmo Energy Group (Tokyo; www.ceh.cosmo-oil.co.jp) signed a memorandum of understanding (MOU) to study new business opportunities in the lubricants market, both in Spain and Japan and internationally. The agreement covers…