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Processing 2003 P5

  • Fri Aug 15 00:08:00 CDT 2003 -- Lights out on US energy policy
    The massive North American power outage Aug. 14 could have long-lasting repercussions for US energy policy.
  • Tue Aug 12 17:08:00 CDT 2003 -- Formosa Chemicals to use Stone & Webster technology at new Taiwan styrene plant
    Formosa Chemicals & Fiber Corp. has selected the proprietary downstream ethylene technology of Stone & Webster Inc. for a grassroots ethylbenzene-styrene monomer facility it plans to build at Haifeng, Taiwan. The Taiwan facility will have an initial capacity of 600,000 tonnes/year of styrene monomer, making it among the largest single-train styrene plants in the world.
  • Tue Aug 12 09:08:00 CDT 2003 -- Fitch Ratings: US retail propane companies see improved financial results
    Retail propane master limited partnerships (MLPs) benefited from a particularly cold start to the 2002-03 heating season, Fitch Ratings Ltd. said in its recent report "Retail Propane Distribution: 2003 Midyear Update."
  • Fri Aug 08 17:08:00 CDT 2003 -- Trinidad and Tobago building 5,000 tonne/day methanol plant
    Construction has begun in Trinidad and Tobago on What is thought to be the world's largest methanol plant. Methanol Holdings (Trinidad) Ltd. is building the $500 million plant, which will have a capacity of 5,000 tonnes/day. This means the "M 5000" plant will not only be the largest in the world but one of the most costly methanol plant ever built.
  • Fri Aug 08 10:08:00 CDT 2003 -- Merrill Lynch: US downstream facing long-term recovery
    US refining margins probably will become more volatile in coming years because the industry is approaching its effective capacity limit, said the Merrill Lynch Global Securities Research & Economics Group.
  • Fri Aug 08 07:08:00 CDT 2003 -- Study evaluates design considerations of larger, more efficient liquefaction plants
    Recent designs for LNG plants focus on train sizes of 3-8 million tonnes/year and even higher. A study evaluated the problems and advantages of these higher-capacity plants.
  • Wed Aug 06 12:08:00 CDT 2003 -- Alaska negotiating oil supply contract with Flint Hills Resources, a potential buyer of Williams's North Pole refinery
    Alaska Gov. Frank H. Murkowski said Alaska is negotiating with a potential buyer of state royalty oil for use at the Williams Co. Inc.'s North Pole refinery. The existing contract for state royalty oil expires in December.
  • Tue Aug 05 14:08:00 CDT 2003 -- Second quarter US petrochemical production up from 1Q
    US production of certain petrochemicals for the second quarter of 2003 increased 1% to 46.7 billion lb over production in the first quarter, according to a study released July 24 by the National Petrochemical & Refiners Association.
  • Tue Aug 05 11:08:00 CDT 2003 -- GE Oil & Gas to supply compressors for Greek refinery expansion
    Motor Oil Hellas Corinth Refineries SA has let a 7.45 million euro contract to Florence-based GE Oil & Gas to supply compressors, additional equipment, and services for a refinery expansion project in Corinth, Greece.
  • Sun Aug 03 00:08:00 CDT 2003 -- Refining view in 2008 not for the queasy
    The global refining-marketing industry of 5 years hence will look a great deal different than it does today. It�s not a sight for the faint-hearted, as competition will grow even more fierce amid major structural changes in the industry.
  • Fri Aug 01 11:08:00 CDT 2003 -- Pakistan proceeding with plans to privatize National Refinery Ltd.
    Pakistan's Privatization Commission is moving ahead with plans to privatize the National Refinery Ltd. (NRL) by inviting financial advisory companies to submit expressions of interest to provide their services.
  • Wed Jul 30 12:07:00 CDT 2003 -- Industry says NSR reforms to continue as US EPA reopens comments on final rule
    Industry officials don't expect federal regulators to revise the way refiners meet clean air emissions targets even though the US Environmental Protection Agency announced July 25 it is soliciting more comment on a 2002 rule.
  • Mon Jul 28 15:07:00 CDT 2003 -- CPC abandons plan to build Taiwan's eighth naphtha cracker
    Chinese Petroleum Corp. (CPC) has officially notified the Chiayi County government that CPC is abandoning a plan to build Taiwan's eighth naphtha cracker at Putai.
  • Mon Jul 28 13:07:00 CDT 2003 -- PDVSA to supply Petroecuador with LPG
    Venezuela´s oil company Petróleos de Venezuela SA has agreed to supply Ecuador's oil company, Petroecuador, with LPG, beginning next year, PDVSA announced.
  • Fri Jul 25 12:07:00 CDT 2003 -- Study identifies optimum operating conditions for ULSD hydrotreaters
    A recent study for a grassroots 30.000-b/sd hydrotreater that can produce ultralow sulfur diesel helped assess critical process design issues and evaluated life-cycle costs for different configurations.
  • Thu Jul 24 16:07:00 CDT 2003 -- Ivanhoe, Repsol group to evaluate commerciality of Bolivia GTL plant
    A technical and commercial team of representatives from Spain's Repsol-YPF, Vancouver-based Ivanhoe Energy Inc., and Syntroleum Corp. plan to conduct a study to evaluate the commercialization potential for a 90,000 b/d gas-to-liquids (GTL) plant in Bolivia.
  • Wed Jul 23 14:07:00 CDT 2003 -- UniPure's demonstration plant at Valero refinery produces ultra low sulfur diesel
    UniPure Corp., Houston, said it has successfully produced diesel fuel containing sulfur levels below 15 ppm at its demonstration plant at Valero Energy Corp.'s refinery in Krotz Springs, La.
  • Wed Jul 23 10:07:00 CDT 2003 -- Petrokemya awards EPC contract to Samsung for new butene-1 plant in Saudi Arabia
    Arabian Petrochemical Co. (Petrokemya), a wholly owned affiliate of Saudi Basic Industries Corp (Sabic), Riyadh, has awarded a lump-sum, turnkey contract to the South Korean company, Samsung Engineering Co. for the engineering, procurement, and construction of a third butene-1 plant at its petrochemical complex in Al-Jubail Industrial City on the eastern coast of Saudi Arabia.
  • Wed Jul 23 09:07:00 CDT 2003 -- Refiners say clarity key for new maritime security rules
    The National Petrochemical & Refiners Association Wednesday told regulators that clarity and consistency are important to keep in mind when crafting final maritime security rules. NPRA offered comments at a US Coast Guard hearing on recently issued temporary interim rule implementing the Maritime Transportation Security Act of 2002.
  • Fri Jul 18 09:07:00 CDT 2003 -- ULSD HYDROTREATING1: Study outlines optimum ULSD hydrotreater design
    A recent study for a grassroots 30,000-b/sd hydrotreater that can produce ultralow sulfur diesel (ULSD) helped assess the critical process design issues for meeting future ULSD requirements.

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