Production & Industry news

• IIR Energy Top Refining News Today: November 15th 2019

  15-11-2019 19:00 via IIR Industry News Alerts
  Husky Energy has extended planned maintenance for six major units at its 165,000-BBL/d Lima, Ohio, refinery, until the end of November.
  
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• IIR Project Spending Index Registers $22.53 Billion Gain in October, Growth Slowdown

  15-11-2019 08:56 via IIR Industry News Alerts
  SUGAR LAND--November 15, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info's North American Industrial Project Spending Index, which measures the value of active projects in the pipeline for the year, registered a 7.09% year-on-year gain in October. Even so, Even so, the index registered a slowdown in the spending growth rate when compared with last year.Within this article: Details of Industrial Info's October North American Industrial Spending Index
  
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• BP's Rough Third Quarter Still Shows Strong Future for Billions in Offshore, Refining Projects

  15-11-2019 08:55 via IIR Industry News Alerts
  SUGAR LAND--November 15, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--BP plc (NYSE:BP) (London, England) reported its first quarterly loss in more than three years and a 2.5% dip in oil and gas production, due in part to a two-week disruption to production in the Gulf of Mexico from Hurricane Barry, for third-quarter 2019. Although the energy giant cut its organic capital expenditures for the full year to less than $16 billion, on the lower end of the previously predicted $
  
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• U.S. Shale Producers, European Investment Bank: Your Daily Energy News

  15-11-2019 08:35 via IIR Industry News Alerts
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.
  
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• Investments Put Iraq's Maritime Industry Back on Track, an Industrial Info Market Brief

  15-11-2019 08:27 via IIR Industry News Alerts
  Despite the economic slowdown in Iraq due to high inflation and political instability, the country still is managing to develop planned port infrastructure projects.Projects at Al-Faw Port and redevelopment work in Khor Al Zubair and Basra will help to boost the country's economy, which is expected to grow 3 to 5% in 2020.Industrial info is tracking 17 Industrial Manufacturing projects in Iraq worth $709 million. Click here for the list of projects and see map below.
  
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• Nestle Engaged in $414 Million Worth of Project Activity in Europe, an Industrial Info Market Brief

  15-11-2019 08:02 via IIR Industry News Alerts
  Sales by food products company Nestle are expected to grow 5% in 2020. Industrial Info is tracking $414 million worth of active Nestle projects, including new facilities and expansions of existing ones in Europe.
  
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• IIR Energy Top Refining News Today: November 14th 2019

  14-11-2019 19:00 via IIR Industry News Alerts
  Suncor Energy Incorporated continues with the restart process for four units at its 130,000-BBL/d Montreal, Quebec, refinery, that have been offline since September 7 as part of a planned maintenance turnaround. Mechanical works were completed in late October, and the units are expected to be fully operational on November 15, instead of November 3, as previously reported.
  
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• Low Gas Prices Take Toll on Independent Producers' Profits, Capital Outlays

  14-11-2019 08:55 via IIR Industry News Alerts
  SUGAR LAND, TEXAS--November 14, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Brief periods of unseasonably cold or hot weather have briefly boosted U.S. spot natural gas prices this year, but when the weather reverts to normal, so does the bleak outlook for natural gas prices.Within this article: Update on the natural gas market.
  
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• U.S. Crude Oil, Natural Gas Output: Your Daily Energy News

  14-11-2019 08:35 via IIR Industry News Alerts
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.
  
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• Largest U.S. Dairy Processor Files for Bankruptcy, an Industrial Info Market Brief

  14-11-2019 08:30 via IIR Industry News Alerts
  Dean Foods, the largest dairy-processing company to be based in the U.S., is seeking bankruptcy protection while it pursues the sale of the company.
  
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• China's Northeast Region Sees $39.8 Billion in Planned Chemical Processing Project Activity, an Industrial Info Market Brief

  14-11-2019 08:28 via IIR Industry News Alerts
  In China's Northeast Region, which includes Heilongjiang, Jilin and Liaoning provinces, the Chemical Processing Industry is planning about $39.8 billion worth of capital projects. Plans for a $2.1 billion ethylene plant in Dalian City tops the list in terms of spending.
  
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• Western Europe Hosts $727 Million in Glass Industry Capital Projects, an Industrial Info Market Brief

  14-11-2019 08:25 via IIR Industry News Alerts
  Europe's glass industry is making changes to meet the commercial needs of its customers.Glass packaging manufacturer Owens-Illinois recently announced plans to install a new furnace at its Holzminden plant in Germany. The furnace will include the company's Magma technology, which is used in the production of ultra-flexible glass.Major glass players in Western Europe have invested not only in new recycled glass packaging and waste heat recovery technology, but also on modernization of the existin
  
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• SABIC Eyes More than 100 Maintenance Projects Over Next Two Years, an Industrial Info Market Brief

  14-11-2019 08:25 via IIR Industry News Alerts
  Saudi Basic Industries Corporation (SABIC), one of the world's largest chemical-processing companies, has been upping its investment in overhaul and maintenance projects at its existing facilities.
  
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• China Sees $368 Billion in Industrial Organic Chemical Projects, an Industrial Info Market Brief

  14-11-2019 08:01 via IIR Industry News Alerts
  Industrial Info is tracking 2,302 capital industrial organic chemical projects, with a total investment value of $368 billion, in China. Click here for a list. Shandong province leads in spending, followed by Inner Mongolia, Jiangsu and Guangdong provinces. See the graph below for a breakdown by province.
  
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• China Sees $9.72 Billion Investment in Alkalis & Chlorine Projects, an Industrial Info Market Brief

  14-11-2019 07:01 via IIR Industry News Alerts
  Industrial Info is tracking 94 capital alkalis and chlorine projects, worth $9.76 billion in China. Shandong province leads with about one-third of the spending, followed by Fujian province.Click here for a list and see the graph below for a breakdown by province.
  
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• IIR Energy Top Refining News Today: November 13th 2019

  13-11-2019 19:00 via IIR Industry News Alerts
  Syncrude Canada Limited, in early April 2020, will conduct a 50-day, planned maintenance turnaround for the 80,000-BBL/d Coker 8-2 at its 265,000-BBL/d Mildred Lake Oil Sands Upgrader and Refinery located in Fort McMurray, Alberta, Canada.
  
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• Could Proposed Gas Generators Become 'Stranded Assets'?

  13-11-2019 08:55 via IIR Industry News Alerts
  SUGAR LAND--November 13, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The term "stranded assets" first entered the Power Industry's lexicon about 25 years ago, when advocates of electric restructuring warned that competitive markets would lower electric prices, making many power plants uneconomic. But it has been low-cost natural gas, not electric restructuring, that has closed so many coal-fired power plants. Two recent studies from Rocky Mountain Institute (RMI
  
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• AECOM's Power-Generation, Pipeline Projects Fuel Record Backlog Growth

  13-11-2019 08:50 via IIR Industry News Alerts
  SUGAR LAND--November 13, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) firm AECOM (NYSE:ACM) (Los Angeles, California) soared to a near-record backlog at the end of its 2019 fiscal year, fueled by sharp growth in its Design and Consulting Services Group and Construction Management segment, both of which play key roles in the Power Generation and Oil & Gas industries. Industrial Info is tracking more than $50 billion in acti
  
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• IIR's November 13 Market Scorecard Brings You Breaking Geopolitical News

  13-11-2019 08:45 via IIR Industry News Alerts
  SUGAR LAND--November 13, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
  
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• Alliant Energy Progresses with Midwest Wind, Natural Gas Buildout

  13-11-2019 08:40 via IIR Industry News Alerts
  SUGAR LAND--November 13, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Midwest utility-holding company Alliant Energy Corporation (NASDAQ:LNT) (Madison, Wisconsin) is taking great strides to make its footprint greener.The company is progressing with wind energy projects in Iowa and Wisconsin, where it also is nearing completion on a combined-cycle plant.Within this article:Details of Alliant Energy projectsOther companies featured: AECOM (NYSE:ACM)
  
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• Targa Resources, Occidental Petroleum, BP Midstream Partners: Your Daily Energy News

  13-11-2019 08:35 via IIR Industry News Alerts
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.Companies featured:Targa Resources (NYSE:TRGP), Occidental Petroleum (NYSE:OXY)
  
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• Green Light Given for U.K.'s First Deep Coal Mine in 30 Years

  13-11-2019 08:11 via IIR Industry News Alerts
  GALWAY, IRELAND--November 13, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The first planned deep coal mine in the U.K. for 30 years will go ahead after the U.K. government decided not to interfere with the original permission granted by Cumbria County Council.
  Within this article: Details proposed coal mine in U.K., investment, production estimates, protests and timescales
  
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• Indonesia's INALUM at Work on Smelter Upgrades, Additions, an Industrial Info Market Brief

  13-11-2019 08:10 via IIR Industry News Alerts
  Indonesia's PT Indonesia Asahan Aluminum Tbk (INALUM), a state-owned holding company serving the nation's mining industry, aims to produce 1 million tonnes of aluminum over the next five years.
  
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• Environmental Projects Included in Project Activity at Cement Plants in Italy, an Industrial Info Market Brief

  13-11-2019 07:02 via IIR Industry News Alerts
  Italy continues to invest in modernizations and environmental improvement projects at cement plants. Some of the projects include carbon capture and storage installations, mainly funded by the European Union.Industrial Info is tracking 17 projects worth $43 million at cement plants in Italy.Click here for a list.
  
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• Portugal Pushes for Development of Lithium Mines, an Industrial Info Market Brief

  13-11-2019 07:01 via IIR Industry News Alerts
  In recent years, foreign interest in mining in Portugal has increased, and there is massive potential for lithium production in particular. As part of its new lithium strategy in 2019, Portugal intends to organize international tendering for lithium deposit licenses to help to attract more interest and investments in that area.
  Industrial Info is tracking 70 mining projects worth more than $3.8 billion in Portugal.Click here for a list.
  
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• Draft EPA Rules Could Affect Billions of Dollars in Power Plant Remediation Projects

  12-11-2019 08:56 via IIR Industry News Alerts
  SUGAR LAND, TEXAS--November 12, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Billions of dollars of planned spending on environmental remediation projects at U.S. coal-fired generators could be affectedif federal proposals that to ease the disposal of coal ash and wastewater from coal-fired power plants are adopted as drafted.Within this article:EPA draft rules covering coal combustion residuals (CCR) and effluent limitations guidelines (ELG).
  
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• Canada's Enbridge Makes Headway on Key Pipeline Projects

  12-11-2019 08:55 via IIR Industry News Alerts
  SUGAR LAND--November 12, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada-based energy pipeline major Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) continues to see progress on a number of capital growth projects such as its investment in the Gray Oak Pipeline in Texas, even as it strives to make regulatory headway on the U.S. segment of its Line 3 Replacement Project, the company said last week. Industrial Info is tracking more than $13.6 billion in Enbridge proje
  
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• Encana, Magellan Midstream: Your Daily Energy News

  12-11-2019 08:35 via IIR Industry News Alerts
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.Companies featured:Encana Corporation (NYSE:ECA), Magellan Midstream Partners LP (NYSE:MMP)
  
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• Wisconsin Leads Converted-Paper Sector in U.S., Canada, an Industrial Info Market Brief

  12-11-2019 08:30 via IIR Industry News Alerts
  Industrial Info is tracking more than 210 active projects, valued at more than $4.8 billion, in the converted paper products sector within the U.S. and Canada's Pulp & Paper Industry. Wisconsin leads the way in project count, with 20 active projects valued at more than $80 million.
  
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• U.S. Southeast to See Stronger Refrigerated Warehousing & Storage Project Spending, an Industrial Info Market Brief

  12-11-2019 08:20 via IIR Industry News Alerts
  Industrial Info is tracking more than 260 active refrigerated warehousing and storage projects, valued at more than $6 billion, in the U.S. and Canadian Food & Beverage Industry. The U.S. Southeast region leads with more than $1.2 billion in project spending.
  
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• North America Realizing Robust Capital Spending For Biologics Manufacturing Facilities, an Industrial Info Market Brief

  12-11-2019 08:16 via IIR Industry News Alerts
  Biologics are products that are produced from living organisms or contain components of living organisms. Examples include vaccines, plasmas, cell/gene therapies, active pharmaceutical ingredients (APIs) and antigens. Manufacturing firms such as Merck, CSL Behring, Pfizer, Sanofi Pasteur and Gilead/Kite are continuing to heavily invest in their North American manufacturing facilities.Industrial Info is tracking 179 major capital projects in this sector in the U.S. and Canada with a total investm
  
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• U.K. Pulls Plug on Fracking after Earthquake Scare

  12-11-2019 08:11 via IIR Industry News Alerts
  GALWAY, IRELAND--November 11, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. government has ended its support for shale gas hydraulic fracturing--fracking--due to the danger posed by tremors or minor earthquakes.
  Within this article: Details ban on fracking, scientific report's findings, recent earthquake activity, impact on projects
  
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• CMOs Remain Essential to Global Pharma-Bio Industry, an Industrial Info Market Brief

  12-11-2019 08:01 via IIR Industry News Alerts
  Contract manufacturing organizations, or CMOs, as they are commonly referred to, continue to generate significant investment into capital and maintenance activities across the global Pharma-Biotech Industry. Encompassing the production of everything from both branded and generic active pharmaceutical ingredient (API) manufacturing to final formulations, the sector keeps growing to meet increased demand.
  
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• Africa to Complete Industrial Manufacturing Projects Worth $7 Billion by end of Fiscal Year 2021, an Industrial Info Market Brief

  12-11-2019 08:01 via IIR Industry News Alerts
  Industrial Info is tracking 157 Industrial Manufacturing projects in Africa worth $7 billion that are planned for completion by the end of the fiscal year 2020-2021 (March 31, 2020).Out of those projects, Africa is set to complete 77 grassroot projects worth nearly $3.5 billion, followed by 32 expansion projects worth nearly $2 billion.
  
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• Poland Remains Heavily Reliant on Coal, an Industrial Info Market Brief

  12-11-2019 07:02 via IIR Industry News Alerts
  Despite the European Union's push to reduce coal-fired generation and invest in renewables, Poland is still relying heavily on Coal. There are 63 operational coal-fired power plants in Poland, with only two due to cease operations by 2021. Click here for a list of plants and see map below for locations.
  
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• Low Natural Gas Prices Prompt Chemical Investment in Turkmenistan, an Industrial Info Market Brief

  12-11-2019 07:01 via IIR Industry News Alerts
  Turkmenistan has the world's fourth-largest natural gas reserves after Qatar, Iran and Russia. Lower natural gas prices are prompting investment in the country.In 2018 and 2019, construction began on apolyolefins plant in Kiyanly, a nitrogenous fertilizer plant in Garabogaz, and the world's only natural gas to gasoline plant in Ashgabat.
  Recently, Turkmenistan signed several agreements with major technology providers for construction on new Chemical Processing facilities. Based on Industrial Inf
  
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• Keystone Pipeline Returns to Service Following Leak, an Industrial Info Market Brief

  11-11-2019 20:40 via IIR Industry News Alerts
  The Keystone Pipeline became operational on Sunday following a leak in North Dakota. Repairs were approved by the U.S. Pipeline and Hazardous Materials Safety Administration. Pipeline owner TC Energy said the 590,000-barrel-per-day pipeline will run at reduced pressure and gradually increase the volume.The pipeline had been shut down since October 29. The pipeline leaked an estimated 383,000 gallons before it was shut down. The cause of the leak has not been disclosed, according to news sources.
  
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• IIR Energy Top Refining News Today: November 11th 2019

  11-11-2019 19:00 via IIR Industry News Alerts
  Chevron Corporation will conduct 35 days of planned maintenance on the Lone Crude; 38,000-BBL/d Vacuum Tower; and 24,000-BBL/d Reformer 3 CCR units at its 100,000-BBL/d Pasadena, Texas, refinery, starting with oil-out procedures on April 10, 2020, followed by mechanical work on April 13.
  
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• Global Electric Power Industry Investing Trillions of Dollars to Build New Assets

  11-11-2019 08:50 via IIR Industry News Alerts
  SUGAR LAND--November 11, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The global Power Industry has about 5,800 capital and maintenance projects for electricity generation under construction, with an aggregate value of about $1.1 trillion, said Britt Burt, Industrial Info's vice president of research for the global Power Industry, in a web conference November 6. Burt noted that compared with a year earlier, the project count has increased by about 1,200, while th
  
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• Equinor, Calpine: Your Daily Energy News

  11-11-2019 08:35 via IIR Industry News Alerts
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.Companies featured:Equinor (NYSE:EQNR)
  
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• Duke Energy Expands Natural Gas Footprint in North Carolina, Renewables Elsewhere

  11-11-2019 08:35 via IIR Industry News Alerts
  SUGAR LAND--November 11, 2019---Researched by Industrial Info Resources (Sugar Land, Texas)--Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) is taking great strides to reduce its carbon emissions through various investments and projects. The company plans to reduce carbon dioxide emissions by 50% from 2005 levels by 2030 and aims to have net-zero carbon emissions by 2050.To this end, Duke is investing strongly in natural gas-fired projects in its home state of North Carolina and r
  
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• South Korea Hosts $1.07 Billion in Pharmaceutical-Biotech Projects, an Industrial Info Market Brief

  11-11-2019 08:29 via IIR Industry News Alerts
  Industrial Info is tracking 50 Pharmaceutical-Biotech projects in South Korea, totaling nearly $1.07 billion. New plant construction makes up $589.7 million of the total, followed by in-plant expansions and additions, with nearly $464.59 million.
  
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• Maritime Infrastructure Spending in South Africa Exceeds $1.36 Billion, an Industrial Info Market Brief

  11-11-2019 08:26 via IIR Industry News Alerts
  Infrastructure development, together with economic growth, serve industrialization and modernization needs that require a substantial influx of investment capital. South Africa's government intends to commit at least R100 billion (US$6.7 billion) over the coming decade to leverage private-sector and development finance funding for well-planned capital projects.Industrial info in tracking $1.36 billion worth of marine cargo-handling projects in South Africa, with most of the investment planned in
  
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• Mississippi is Open for Business, an Industrial Info Market Brief

  11-11-2019 08:19 via IIR Industry News Alerts
  Mississippi has benefited from this trend, as the low cost of living, competitive energy rates, and a skilled work force has been augmented by a strong incentives package put together by state and local governments that attracts businesses from various industries. The state also has a transportation network that includes 15 ports on three navigable waterways, seven commercial airports, and a road and rail network that provides access to the world's marketplaces.In 2019, the state legislature pas
  
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• Denmark Drops Final Hurdle for Nord Stream 2 Pipeline

  11-11-2019 08:11 via IIR Industry News Alerts
  GALWAY, IRELAND--November 12, 2019--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The final obstacle to the controversial 9.5 billion-euro ($11.6 billion) Nord Stream 2 gas pipeline has been removed after permission was granted by Denmark to laying pipeline across its international seabed.
  Within this article: Details clearance for pipeline in Denmark, progress of overall project, technical details, investment, partners and opposition
  
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• Japan Sees $6 Billion in Chemical Processing Projects, an Industrial Info Market Brief

  11-11-2019 08:10 via IIR Industry News Alerts
  Industrial Info is tracking more than 421 projects in Japan's Chemical Processing Industry, totaling nearly $6.1 billion in investment.
  
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• Africa Sees Nearly $10 Billion in Industrial Organic Chemical Projects, an Industrial Info Market Brief

  11-11-2019 07:01 via IIR Industry News Alerts
  Industrial Info is tracking 19 capital projects, worth $9.99 billion, involving industrial organic chemicals in Africa. Click here for a list. Investment is heaviest in Egypt, which has nine projects worth $6.4 billion, followed by Nigeria, which has four projects worth $1.5 billion. See graph below for investment by country.
  
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• IIR Energy Top Refining News Today: November 8th 2019

  08-11-2019 19:00 via IIR Industry News Alerts
  Motiva Enterprises LLC restarted the 49,000-BBL/d CRU 4 (Catalytic Reformer) unit on November 7 at its 600,000 b/d Port Arthur, Texas, refinery, after it was shut down the same day.
  
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• ALLETE Charges Up North-Central U.S. with $1.74 Billion in Transmission, Generation Projects

  08-11-2019 08:50 via IIR Industry News Alerts
  SUGAR LAND--November 8, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy company ALLETE Incorporated (NYSE:ALE) (Duluth, Minnesota) mainly services Minnesota and other north-central U.S. states, but is following the nationwide trend of rejecting coal-fired power for natural gas and, increasingly, renewables. The company is extending its reach via a major transmission project with Canada and a series of wind-energy projects in other states. Industrial Info is tracking abo
  
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• Targa Resources to Ratchet Down Capex in 2020 to $1.2 Billion

  08-11-2019 08:47 via IIR Industry News Alerts
  SUGAR LAND--November 8, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Targa Resources Corporation (NYSE:TRGP) (Houston, Texas) will greatly reduce its capital expenditures in 2020 as it reaps the benefits of about $4 billion worth of projects that were completed and began operations in 2019, company executives said Thursday. Industrial Info is tracking $4.4 billion in active projects belonging to the midstream energy company.Within this article: Update on Targa project activ
  
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