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NEWS

Tengizchevroil Awards $ 700 Million Contract to Wood Group

Kazakhstan: Main Automation Contractor Appointed

Tengizchevroil Awards $ 700 Million Contract to Wood Group

08/24/2016 - Wood Group is providing main automation contractor (MAC) services to Tengizchevroil (TCO) for the Wellhead Pressure Management Project at the Tengiz Field in Kazakhstan. read...

Largest Refinery Project in the Middle East

Kuwait: Turn-Key Project Awarded to Consortium

Largest Refinery Project in the Middle East

08/24/2016 - A consortium formed by Sinopec Engineering Group, Spanish Técnicas Reunidas, and Korean Hanwha Engineering & Construction have been awarded an EPCC-Turn Key contract for a new refinery project in Al-Zour by Kuwait National Petroleum Company. read...

PCIC Europe

Ahoy Ex-Zones! Explosion Protection Equipments Sets Sails for Hazardous Waters

Explosion Protection

Ahoy Ex-Zones! Explosion Protection Equipments Sets Sails for Hazardous Waters

08/24/2016 - A fire fighting vessel in the heart of Europe's industrial and chemical clusters needs special equipment: Equipped with specialised technology, Europe’s latest high-tech fire-fighting boat is able to work in hazardous atmospheres, fighting fires, explosions and chemical accidents. Its secret? Explosion-protected electrical equipment and lighting by technology specialists Eaton. read...

Petrochemical Industry has Projects Worth 162 Billion in the Pipeline: Iran, China and US to Become Petro-Hotspots

Petrochemical Industry

Petrochemical Industry has Projects Worth 162 Billion in the Pipeline: Iran, China and US to Become Petro-Hotspots

06/01/2016 - The worldwide petrochemical industry will experience significant growths within the next five years, recent figures indicate – Yet, this growth is not equally distributed: While markets in China, the US or Iran are thriving… read...

Stop the Energy Guzzlers: This is how Pumps Learn to Think!

PCIC Europe: Pump Automation

Stop the Energy Guzzlers: This is how Pumps Learn to Think!

04/12/2016 - Process pumps do not have an easy job, more so in the downstream industry. It is useful to have strong partners on your side in this industry — Be it a refinery or a chemical facility, pumps in all sizes are the ubiquitous workhorses of the branch. However, pumps are also one of the biggest cost factors in the production facility. The technology often does not live up to its full potential when regulated in an insufficient or outdated manner. This is exactly when modern automation and pump management concepts come into play. read...

Pharma & Food

Sasmar Acquires Aquatrove Biosiences

Belgium: Broader Portfolio of Fertility Products

Sasmar Acquires Aquatrove Biosiences

08/24/2016 - Sasmar Pharmaceuticals has acquired Aquatrove Biosciences, a biotechnology company focussed on discovery, research and development in human reproductive health and fertility. read...

New Ways in the Far East: What Made-in-China 2025 Means for Petrochemicals and Chemicals

A Closer Look on Made in China 2025

New Ways in the Far East: What Made-in-China 2025 Means for Petrochemicals and Chemicals

08/19/2016 - China is stepping up the pace — By 2025, China wants to play a leading role in terms of innovation, sustainability and networking. The ambitious plan will be a challenge particularly for chemical and petrochemical companies. What solutions does the concept “Made in China 2025” offer for an industry at the crossroads? And how can companies prepare for the future? read...

Synthetic Biology in Isobutanol Production

USA: Lessons Learned from Genetically Modified Mosquitos

Synthetic Biology in Isobutanol Production

08/14/2016 - Intrexon Energy told the US news platform DownstreamToday that the company is seeking for new was to apply synthetic biology for refining purposes. read...

Heat Transfer

GE Acquires HRSG Business of Doosan

USA: Expansion of Combined Power Plant Solutions

GE Acquires HRSG Business of Doosan

08/22/2016 - GE Power, a division of GE, has completed the acquisition of the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $ 250 million. read...

Business & Economics

Emerson Acquires Valves & Controls Business from Pentair

Switzerland: Broader Automation Portfolio

Emerson Acquires Valves & Controls Business from Pentair

08/24/2016 - Emerson has signed an agreement to purchase the Valves & Controls business of Pentair for $ 3.15 billion. read...

More Than 44,235 MW Accumulative Capacity of Renewable Energy Installed in India

India: Renewable Energy

More Than 44,235 MW Accumulative Capacity of Renewable Energy Installed in India

08/23/2016 - The Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal has informed the Lok Sabha that the total accumulative capacity of over 44,235 MW has been installed in the country from various renewable energy sources. These sources include 27,151 MW of wind power, 7,805 MW of solar power, 4,304 MW of small hydro power and 4,975 MW of biopower. read...

Cabinet Approves Financial Support to BHEL for R&D Project

India: High Efficiency Coal Fired Power Plants

Cabinet Approves Financial Support to BHEL for R&D Project

08/23/2016 - The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has approved a proposal of an R&D project for development of Advanced Ultra Super Critical (AUSC) Technology for thermal power plants with an estimated cost of Rs1,554 crore and providing one time budgetary support of Rs 900 crore spread over a period of three years, commencing from 2017–18, to be provided as plan Gross Budgetary Support to BHEL for implementation of the R&D project. read...

Oil & Gas

Reduced Energy Consumption in Plastics Production

USA: Exxon and GIT Develop New Technology

Reduced Energy Consumption in Plastics Production

08/22/2016 - Scientists from Exxon Mobil and the Georgia Institute of Technology have developed a new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Results of the research were published in the peer-reviewed journal Science. read...