Latest News
ANOTHER MONTHLY GAIN FOR US SPECIALITY CHEMICALS
The Speciality Chemicals Market Volume Index, a tool created by the American
Chemistry Council (ACC), showed that US speciality chemicals market volumes
rose 0.3% in September. This follows a revised 0.1% gain in August and 0.3% gain in
July. All changes in the data are reported on a three month moving average (3MMA)
basis.
PETROBRAS TO SELL OKINAWA REFINERY
Petrobras has announced that its Board of Directors has approved the sale of 100%
of the shares of Nansei Seikyu (NSS) to the Taiyo Oil Company. NSS is a company
wholly owned by Petrobras International Braspetro – PIB BV located on Okinawa
Island in Japan. It has a refinery with a processing capacity of 100 000 bpd and
36 tanks that store 9.5 million bbls of oil and oil products.
QATARGAS AND PETRONAS SIGN LNG AGREEMENT
Qatargas has announced the signing of a new five year LNG sale and purchase
agreement (SPA) with Petronas LNG UK Limited (PLUK). Under the terms of the new
SPA, Qatargas will deliver LNG to PLUK until 31 December 2023, an extension of its
current contract due to expire on 31 December 2018. The LNG will be supplied from
Qatargas 4 (Train 7), a joint venture between Qatar Petroleum and Shell.
ENER-CORE DELIVERS TO TO PACIFIC ETHANOL BIOREFINERY
Ener-Core, Inc. has delivered two of its 2 MW sized power oxidisers to the
Stockton biorefinery site owned by Pacific Ethanol (PEIX). The shipment is a
milestone for Ener-Core, having deployed a commercial scale-up of the power
capacity of the power oxidiser technology from 250kW - 2 MW over the last
18 months.
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