LONDON (July 8, 2014) – The global refining capital expenditure (CAPEX) is forecast to reach approximately $333 billion between 2014 and 2020, representing an annual average of almost $48 billion and 1.6 thousand barrels per day, says a new report from research and consulting firm GlobalData.
ROCK HILL, S.C. (July 8, 2014) – 3D Systems announced that the company ranked No. 13 in Forbes magazine’s list of the most innovative companies with a market capitalization under $10 billion. This ranking recognizes the top 100 companies that demonstrated continued growth through innovation.
The Forbes list is generated annually by measuring an "innovation premium" using a proprietary formula in collaboration between Forbes and Credit Suisse.
HOUSTON (July 8, 2014) – AVEVA announced that KBR, a global engineering, construction and services company, has extended its utilization of AVEVA technology, which includes the selection of AVEVA Everything3D (AVEVA E3D). The new contract enables KBR to deploy AVEVA E3D along with an increased number of AVEVA solutions on major capital projects around the world.
WAYNE, PA., (July 7, 2014) – The Fluid Sealing Association (FSA) has announced the appointment of Phil Mahoney and Robert Rutherford to its board of directors.
ST. MICHAEL, Minnesota, and DALLAS (July 7, 2014) – U.S. Water Services, Inc., announced the merger of Texas-based ChemCal, Inc., and U.S. Water. ChemCal was established in 1985 serving the mid-southern United States.
DUBAI (July 5, 2014)— His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE vice president, prime minister and ruler of Dubai, launched the world’s first temperature-controlled city, Mall of the World, located along Sheikh Zayed Road in Dubai.
DUBAI (July 3, 2014)—GE Oil & Gas celebrated the groundbreaking of a new facility that will further expand its presence in the UAE in Jebel Ali Free Zone (Jafza).
Diaphragm replacement developments decrease the risk of contamination.
ANTWERP, Belgium (July 2, 2014) – ExxonMobil affiliate Esso Belgium announced that it plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The new unit will expand the refinery’s ability to help meet energy needs throughout northwest Europe, despite a challenging industry environment.