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Update and upgrade to extend the life of industrial process heaters
newscatcher
2022-08-12 23:30
Update and upgrade to extend the life of industrial process heaters
NOTE: The sponsor of this content may contact you with more information on this topic. Click here to opt-out from sharing your email address with this sponsor. (This link will not unsubscribe you from any other BIC email list). Industrial process heaters, like thermal fluid heaters, are expensive. A lot of engineering, time, and materials go into making a heater system. A heater that has been well maintained and operated within its designed parameters can last decades, but you will likely have to replace some parts along the way.

https://www.bicmagazine.com/resources/sponsored-content/update-and-upgrade-to-extend-the-life-of-industrial-process-heaters/

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Update and upgrade to extend the life of industrial process heaters
NOTE: The sponsor of this content may contact you with more information on this topic. Click here to opt-out from sharing your email address with this sponsor. (This link will not unsubscribe you from...
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Covestro celebrates golden anniversary in Baytown, Texas, with an eye toward a greener future
newscatcher
2022-03-23 03:30
Covestro celebrates golden anniversary in Baytown, Texas, with an eye toward a greener future
In 2021, Covestro LLC marked 50 years in Baytown, Texas, the community it has proudly called home since 1971. On March 17, Covestro employees past and present, as well as much of the community, gathered in downtown Baytown to celebrate the company's long legacy of success, while keeping an eye toward the future. The celebration included distinguished speakers representing local, state and company leadership. Attendees were also invited to tour an exhibit, titled 'Covestro Through the Decades: An Archive of Innovation in Baytown,' which highlighted the evolution of the site over its history.

https://www.bicmagazine.com/bic-events/bic-attends/covestro-celebrates-golden-anniversary-in-baytown-texas

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Covestro celebrates golden anniversary in Baytown, Texas, with an eye toward a greener future
In 2021, Covestro LLC marked 50 years in Baytown, Texas, the community it has proudly called home since 1971. On March 17, Covestro employees past and present, as well as much of the community, gather...
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CG Thermal LLC acquires AirBTU Thermal & Design Division
newscatcher
2022-06-24 13:30
CG Thermal LLC acquires AirBTU Thermal & Design Division
CG Thermal LLC of Twinsburg, Ohio, announced the acquisition of AirBTU Thermal and Engineering Division located in Columbus, Ohio. The acquisition follows the 5-year exclusive technical sales and marketing contract that already existed between the two companies. The President of AirBTU, Jim Shook, will be intimately involved with the engineering and design department of CG Thermal after the acquisition. He commented 'the greater resources and market breadth of CG Thermal will allow use of our leading technologies to be greatly expanded'.

https://www.bicmagazine.com/industry/investment-banking/cg-thermal-llc-acquires-airbtu-thermal-design-division/

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CG Thermal LLC acquires AirBTU Thermal & Design Division
CG Thermal LLC of Twinsburg, Ohio, announced the acquisition of AirBTU Thermal and Engineering Division located in Columbus, Ohio. The acquisition follows the 5-year exclusive technical sales and mark...
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Energy Transfer signs 20-year LNG supply deal with Shell
newscatcher
2022-08-25 19:30
Energy Transfer signs 20-year LNG supply deal with Shell
(Reuters) U.S. pipeline operator Energy Transfer LP said it agreed to supply 2.1 million tonnes of liquefied natural gas (LNG) per year to Shell Plc for 20 years. The deal for supplies from its proposed Lake Charles, Louisiana, facility comes as demand and prices for LNG are soaring over Russia's February invasion of Ukraine. LNG prices at the Dutch hub in Europe this week hit $83 per million British thermal units (mmBtu), more than twice that of early March.   Shell was an original backer of the facility, which received U.

https://www.bicmagazine.com/industry/natgas-lng/energy-transfer-signs-20-year-lng-supply-deal-with-shell/

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Energy Transfer signs 20-year LNG supply deal with Shell
(Reuters) U.S. pipeline operator Energy Transfer LP said it agreed to supply 2.1 million tonnes of liquefied natural gas (LNG) per year to Shell Plc for 20 years. The deal for supplies from its propos...
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Tangipahoa Parish gaining a $160 million manufacturing facility
newscatcher
2023-01-12 20:30
Tangipahoa Parish gaining a $160 million manufacturing facility
Niagara Bottling has announced it plans to invest up to $160 million to establish a state-of-the-art production facility near Hammond. The company will create 70 new direct jobs with an average annual salary of $55,000. Louisiana Economic Development estimates the project will result in an additional 100 new indirect jobs, for a total of 170 new jobs in the Southeast Region. The new, highly automated facility will contain advanced equipment and technology that will increase production efficiency to allow the company to meet growing demand.

https://www.bicmagazine.com/departments/operations/tangipahoa-parish-gaining-manufacturing-facility/

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Tangipahoa Parish gaining a $160 million manufacturing facility
Niagara Bottling has announced it plans to invest up to $160 million to establish a state-of-the-art production facility near Hammond. The company will create 70 new direct jobs with an average annual...
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Hunter Buildings' leasing division is now Hunter Onsite
newscatcher
2022-11-11 03:30
Hunter Buildings' leasing division is now Hunter Onsite
Hunter Buildings' leasing business, acquired by Crossplane Capital in April 2022, is now operating as Hunter Onsite (HunterOnsite.com). This new, separately managed company launches with an established, industry-leading brand reputation as it continues to rent facilities manufactured by Hunter Buildings, which are renowned for quality and safety.  Rapid rental fleet expansion is underway. Hunter Onsite already serves a long list of petrochemical and industrial companies and other entities which protect personnel and equipment in high-risk areas.

https://www.bicmagazine.com/resources/supplier-news/hunter-buildings-leasing-division-is-now-hunter-onsite/

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Hunter Buildings' leasing division is now Hunter Onsite
Hunter Buildings' leasing business, acquired by Crossplane Capital in April 2022, is now operating as Hunter Onsite (HunterOnsite.com). This new, separately managed company launches with an establishe...
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Cheniere and KOSPO sign long-term LNG sale and purchase agreement
newscatcher
2023-05-16 20:30
Cheniere and KOSPO sign long-term LNG sale and purchase agreement
Cheniere Energy, Inc. announced that Cheniere's subsidiary, Cheniere Marketing International LLP, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Korea Southern Power Co. Ltd (KOSPO). Under the SPA, KOSPO has agreed to purchase approximately 400 thousand tonnes per annum of LNG from Cheniere Marketing on a delivered ex-ship basis from 2027 through 2046, with a smaller annual quantity to be delivered starting in 2024. The purchase price for LNG to be delivered under the SPA prior to 2027 will be a market-based price, after which the purchase price will be indexed to the Henry Hub price, plus a fee.

https://www.bicmagazine.com/industry/natgas-lng/cheniere-and-kospo-sign-long-term-lng-sale-and-purchase-agreement/

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Cheniere and KOSPO sign long-term LNG sale and purchase agreement
Cheniere Energy, Inc. announced that Cheniere's subsidiary, Cheniere Marketing International LLP, has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Korea ...
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Blackline Safety invests $1 million in expansion of successful rental program
newscatcher
2022-03-17 06:30
Blackline Safety invests $1 million in expansion of successful rental program
Blackline Safety Corp., a global leader in connected safety technology, today announced a $1 million investment in the expansion of its product rental program. With strong demand from customers globally for versatile solutions to accommodate their diverse safety project needs, Blackline Safety launched its rental business in spring 2021 and is gearing up for rapid growth this year. 'Whether the driving factor is a turnaround, special project, outage or repair replacement, our customers have told us they are looking for a fast and flexible solution to keep workers and contractors safe,' said Sean Stinson, Chief Revenue Officer, Blackline Safety.

https://www.bicmagazine.com/resources/products-services/blackline-safety-invests-1-million-in-expansion

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Blackline Safety invests $1 million in expansion of successful rental program
Blackline Safety Corp., a global leader in connected safety technology, today announced a $1 million investment in the expansion of its product rental program. With strong demand from customers global...
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HCSMRP to partner with BIC Magazine, CEM for The PRIME Expo
newscatcher
2022-07-21 22:30
HCSMRP to partner with BIC Magazine, CEM for The PRIME Expo
PASADENA, TX -- The Houston Chapter of the Society for Maintenance and Reliability Professionals (HCSMRP) has partnered with BIC Magazine and CEM Marketing and Events for The PRIME Expo at the Pasadena Convention Center, October 6, 2022, targeting Plant Reliability, Inspection, Maintenance, and Engineering professionals in the energy industry.  'We are incredibly excited to have the Houston Chapter of SMRP as a partner for the PRIME Expo,' CEO of BIC Magazine Thomas Brinsko said. 'We're looking forward to connecting people with leaders in business and industry, and learning about best practices from qualified industry professionals.

https://www.bicmagazine.com/resources/supplier-news/hcsmrp-to-partner-with-bic-magazine-cem-for-the-prime-expo/

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HCSMRP to partner with BIC Magazine, CEM for The PRIME Expo
PASADENA, TX -- The Houston Chapter of the Society for Maintenance and Reliability Professionals (HCSMRP) has partnered with BIC Magazine and CEM Marketing and Events for The PRIME Expo at the Pasaden...
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Vogtle Unit 3 starts nuclear fuel load
newscatcher
2022-10-22 23:30
Vogtle Unit 3 starts nuclear fuel load
Georgia Power announced that fuel load into the Vogtle Unit 3 reactor core has begun at Plant Vogtle near Waynesboro, Georgia.  The fuel load process marks a historic and pivotal milestone toward startup and commercial operation of the first new nuclear units to be built in the U.S. in more than three decades. "The Vogtle 3 & 4 nuclear units represent a critical, long-term investment in our state's energy future, and the milestone of loading fuel for Unit 3 demonstrates the steady and evident progress at the nuclear expansion site," said Chris Womack, chairman, president and CEO of Georgia Power.

https://www.bicmagazine.com/industry/powergen/vogtle-unit-3-starts-nuclear-fuel-load/

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Vogtle Unit 3 starts nuclear fuel load
Georgia Power announced that fuel load into the Vogtle Unit 3 reactor core has begun at Plant Vogtle near Waynesboro, Georgia.  The fuel load process marks a historic and pivotal milestone toward star...
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Braskem expands its biopolymer production by 30% following investment
newscatcher
2023-07-25 22:30
Braskem expands its biopolymer production by 30% following investment
Braskem concluded a 30% increase in the production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The $87 million investment aims to meet the growing global demand for sustainable products. The plant now operates at an increased capacity, from 200,000 to 260,000 tons/year. Braskem's bio-based ethylene is made from sustainably sourced, sugarcane-based ethanol which removes CO 2  from the atmosphere and stores it in products for daily use.

https://www.bicmagazine.com/projects-expansions/renewable-sustainability-h2-esg/braskem-expands-its-biopolymer-production/

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Braskem expands its biopolymer production by 30% following investment
Braskem concluded a 30% increase in the production capacity of its bio-based ethylene plant, located in the Petrochemical Complex of Triunfo, Rio Grande do Sul, Brazil. The $87 million investment aims...
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Aramco and TotalEnergies join to build $11B petrochem plant
newscatcher
2022-12-15 23:30
Aramco and TotalEnergies join to build $11B petrochem plant
(Reuters) Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia. The project involves investment of about $11B, of which $4B will be funded through equity by Aramco (62.5%) and TotalEnergies (37.5%), the statement said. The investment decision is subject to closing conditions and approvals, with construction scheduled to begin in the first quarter of 2023 and commercial operation targeted for 2027. The planned Amiral complex, integrated with the existing Saudi Arabia Total Refining and Petrochemical (SATORP) refinery located in Jubail on Saudi Arabia's eastern coast, will be owned and operated by Aramco and TotalEnergies.

https://www.bicmagazine.com/projects-expansions/downstream/aramco-and-totalenergies-join-to-build-11b-petrochem-plant/

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Aramco and TotalEnergies join to build $11B petrochem plant
(Reuters) Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia. The project involves investment of about $11B, of which $4B will ...
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Freeport LNG releases report on June facility explosion
newscatcher
2022-11-16 16:30
Freeport LNG releases report on June facility explosion
Freeport LNG Development, L.P. (Freeport LNG) is providing the results of an independent, third-party root cause failure analysis (RCFA) report on the June 8, 2022 incident that occurred at its liquefaction facility. The RCFA report was commissioned by Freeport LNG and independently conducted by a highly qualified incident investigation company, IFO Group, in order to identify the causes underlying the June 8th incident. Over the course of almost five months, IFO Group investigated the incident, collected and analyzed physical specimens from the incident, interviewed witnesses, reviewed process and design data, and ultimately developed the RCFA report, identifying specific causes that led or contributed to the June 8th incident.

https://www.bicmagazine.com/departments/operations/freeport-lng-releases-report-on-june-facility-explosion/

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Freeport LNG releases report on June facility explosion
Freeport LNG Development, L.P. (Freeport LNG) is providing the results of an independent, third-party root cause failure analysis (RCFA) report on the June 8, 2022 incident that occurred at its liquef...
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Mobile Mini Tank and Pump Solutions relaunches business as Ironclad Environmental Solutions
newscatcher
2022-12-15 23:30
Mobile Mini Tank and Pump Solutions relaunches business as Ironclad Environmental Solutions
Following its recent acquisition of Mobile Mini Tank and Pump Solutions from WillScot Mobile Mini, Kinderhook Industries has announced fresh branding with the launch of Ironclad Environmental Solutions. Headquartered in Baytown, Texas, Ironclad Environmental Solutions is a provider of waste management solutions for liquid and solid industrial waste. The company works through a network of 24 branches and a young fleet of over 16,000 specialized rental assets (including roll-off boxes, dewatering boxes, steel tanks, stainless steel tankers, poly tanks, industrial pumps, filtration systems, and containment accessories) used to store, separate, and transport liquid and solid industrial waste.

https://www.bicmagazine.com/resources/supplier-news/mobile-mini-tank-and-pump-solutions-relaunches-business-as-ironclad-environmental-solutions/

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Mobile Mini Tank and Pump Solutions relaunches business as Ironclad Environmental Solutions
Following its recent acquisition of Mobile Mini Tank and Pump Solutions from WillScot Mobile Mini, Kinderhook Industries has announced fresh branding with the launch of Ironclad Environmental Solution...
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Oil dips 2% on strong dollar, economic worries outweigh China hopes
newscatcher
2023-04-25 21:30
Oil dips 2% on strong dollar, economic worries outweigh China hopes
(Reuters) Oil dropped 2% after two sessions of gains as jitters about the global economic outlook and a stronger dollar outweighed hopes of higher Chinese demand and expectations of a drop in U.S. crude inventories. Brent crude fell by $1.65, or 2%, to $81.08 a barrel by 1:00 p.m. ET. U.S. West Texas Intermediate crude dropped $1.51 to $77.23. The day before, both contracts rose by more than 1%. U.S. consumer confidence dropped to a nine-month low in April, feeding worries about a recession the day after regional lender First Republic (FRC.

https://www.bicmagazine.com/industry/commodities/oil-dips-2-percent-on-strong-dollar-economic-worries-outweigh-china-hopes/

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Oil dips 2% on strong dollar, economic worries outweigh China hopes
(Reuters) Oil dropped 2% after two sessions of gains as jitters about the global economic outlook and a stronger dollar outweighed hopes of higher Chinese demand and expectations of a drop in U.S. cru...
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Glenfarne moves closer to building Texas LNG export terminal
newscatcher
2023-07-26 19:30
Glenfarne moves closer to building Texas LNG export terminal
July 26, 2023 9:39 AM Texas LNG, a 4 million mt/yr LNG export terminal to be constructed in the Port of Brownsville, Texas, said recently that the FERC has issued an Order on Remand to the project following the completion of an additional social cost of carbon and environmental justice analysis. The terminal is owned by Texas LNG Brownsville LLC, an affiliate of Glenfarne Energy Transition LLC, a global energy transition company providing solutions to lower the world's carbon footprint.

https://www.bicmagazine.com/projects-expansions/midstream/glenfarne-moves-closer-to-building-texas-lng-export-terminal/

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Glenfarne moves closer to building Texas LNG export terminal
July 26, 2023 9:39 AM Texas LNG, a 4 million mt/yr LNG export terminal to be constructed in the Port of Brownsville, Texas, said recently that the FERC has issued an Order on Remand to the project fol...
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