Global crude prices have fallen by nearly 55 per cent since June 2014 primarily owing to over-supply and sluggish demand caused by economic slowdown in China. Global benchmark Brent crude price has fallen from $111.80 per barrel in June 2014 to $46.58 per barrel in August 2015. As approximately 85 per cent of Indian refineries’ throughput requirement is met through imports, the price of the Indian basket of crude too has fallen by 57 per cent during the said period reflecting the global trend. This has impacted not only the Indian refining industry but also the up-stream oil and gas industry as well as the Indian economy as a whole.

When using High Containment-Technology Rapid-Transfer-Ports are State-of-the-Art for sterile transfer. The authors are presenting a study which compares different systems showing need for improvement.

Asco Numatics has introduced an intrinsically safe (Ex ia) solenoid operated pilot that is suitable for operations in hazardous areas, regardless of the gas zone and temperature class.

Total and Google Cloud have signed an agreement to jointly develop artificial intelligence (AI) solutions applied to subsurface data analysis for oil and gas exploration and production.

In the future Thyssenkrupp will use one common brand the world over. The redevelopment of the brand reflects the transformation of the Essen-based technology company to a diversified industrial group. What are the aims?

Badger Licensing announced that Fujian Gulei Petrochemical has selected their proprietary technologies for a 600 KTA grassroots ethylbenzene / styrene monomer (EB/SM) plant being built in Gulei Economic Development Zone, Zhangzhou City, China.

Late 2017, Gea received an order by Ciech Soda Deutschland, for the development and design, delivery and installation of a plant for the production of sodium bicarbonate. Together with Chemieanlagenbau Chemnitz, this project is currently in the implementation phase. Commissioning is planned for the first quarter of 2019.

Containment means highest safety for product and operator, for Hecht it means even more: safe, clean and efficient. The company developed two systems for containment drum discharging – with the focus on easy handling of the discharging station and also of the local conditions of the users.

Danfoss has signed a Memorandum of Understanding (MOU) with IIT Madras. The collaboration will enhance new technologies in Climate & Energy. IIT Madras is one of the institutes in India, which is equipped with the requisite faculty and facilities to conduct applied research in business opportunities that Danfoss Power Electronics may pursue in the future.

In the pharmaceutical sector, there is a constant need for innovation through R&D. New medicines are being developed that require absolute isolation to ensure its purity. IMA Active has brought out the Prexima series for tablet manufactures.