Production & Industry news

• Join AVEVA for Webinar on Leveraging the Cloud to Execute Agile Projects, Mitigate Risk and Compete Effectively

  16-07-2020 08:55 via industrialinfo.com
  Join AVEVA in a free webinar to hear how a secure and collaborative cloud approach to capital project execution can create alignment between EPC and Owner Operators to enable winning outcomes for all parties involved.
  
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• Great Lakes Region Expects More than $5.2 Billion in Third-Quarter Industrial Manufacturing Project Starts

  16-07-2020 08:45 via industrialinfo.com
  SUGAR LAND--July 16, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $5.2 billion in planned third-quarter 2020 Industrial Manufacturing project starts in the U.S. Great Lakes region, which includes Illinois, Indiana, Kentucky, Michigan, Ohio and Wisconsin. The projects cover a range of sectors, including automotive, distribution and warehousing, and semiconductors and computers.Companies featured: General Motors (NYSE:GM), Silgan Holdings
  
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• OPEC+ Planned Cuts, Origin Energy: Your Daily Energy News

  16-07-2020 08:35 via industrialinfo.com
  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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• Japan to Invest $14 Billion in Mozambique LNG Project, an Industrial Info Market Brief

  16-07-2020 08:30 via industrialinfo.com
  Japan is putting $14 billion toward the Mozambique LNG project to secure a liquefied natural gas (LNG) supply. Funds will be directed toward the development of a natural gas field in Mozambique, with the aim of producing about 12 million tons of LNG starting in 2024.
  
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• COVID-19 Amplifies Europe's Reliance on Foreign Critical Drug Supplies, an Industrial Info Market Brief

  16-07-2020 08:25 via industrialinfo.com
  Europe, like the U.S., has relied heavily on foreign production of essential drug products. An estimated 90% of all active pharmaceutical ingredients (APIs) are imported from China and India. Long before COVID-19 reared its head, supply problems existed, including major quality issues and fears of drug shortages.COVID-19 merely underscored the weakness in the current supply-chain strategies. Like the U.S., Europe is now taking a serious look at bolstering its domestic production, not only for AP
  
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• Shandong Befar Group Binyang Fuel Chemical Company Limited to Close Binzhou Refinery, an Industrial Info Market Brief

  16-07-2020 08:17 via industrialinfo.com
  Shandong Befar Group Binyang Fuel Chemical Company Limited will permanently close its 50,000-barrel-per-day Binzhou Refinery in Shandong, China, by July 31, to make way for a future mega refinery and petrochemical complex.
  
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• Europe Cooks Up More than $36 Billion in Food & Beverage Projects, an Industrial Info Market Brief

  16-07-2020 08:15 via industrialinfo.com
  Industrial Info is tracking more than 3,100 active Food & Beverage Industry projects in Europe, valued at more than $36 billion. The Baked Goods, Frozen & Prepared Foods sector has the most activity of any sector, with more than 816 active projects valued at more than $7.7 billion.
  
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• Taiwan Turns to Offshore Windfarm Developments, an Industrial Info Market Brief

  16-07-2020 08:10 via industrialinfo.com
  Taiwan's Ministry of Economic Affairs (MOEA) plans to develop 10 gigawatts (GW) worth of offshore windfarms from 2026 through 2035. The MOEA's Third Block Development policy is designed to develop 1 GW per year over the 10-year period.
  
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• Vietnam Pushes to Add 7 Gigawatts of Wind Power, an Industrial Info Market Brief

  16-07-2020 08:05 via industrialinfo.com
  Vietnam recently approved 91 onshore and offshore wind-power projects, which were proposed by the Ministry of Industry and Trade and approved by the prime minister. Vietnam aspires to be a major hub for renewable projects and to reduce its greenhouse gas emissions 8% by 2030.
  
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• Africa, Middle East Invest in Warehouse Sector, an Industrial Info Market Brief

  16-07-2020 08:03 via industrialinfo.com
  Warehouses are a fundamental part of the logistics and supply chain for any industry. Africa and Middle East are in transition mode as e-commerce and other businesses are booming and need warehouse and distribution centers. Many private investors are coming forward to enhance this industry. There is high investment in warehouse projects with new technologies, automation, robotics, etc.Industrial Info is tracking 19 warehouse and distribution projects worth $364 million in Africa and the Middle E
  
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• South Asia's Chemical Processing Projects Worth $37 Billion, an Industrial Info Market Brief

  16-07-2020 07:55 via industrialinfo.com
  India is South Asia's major Chemical Processing Industry project developer, with an approximate investment of $34 billion, followed by Bangladesh, Pakistan, Nepal and Sri Lanka. The majority of this investment involves construction of new plants, worth $20 billion, and in-plant unit additions and expansions, worth $15 billion, followed by in-plant retrofits and modernizations, rebuilds, renovations and other capital projects.
  
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• Mexico's Pemex Salina Cruz Refinery Restarts After Earthquake, an Industrial Info Market Brief

  16-07-2020 07:50 via industrialinfo.com
  Mexico's state-owned refiner, Pemex Transformacion Industrial (Pemex TRI), successfully restarted in the first days of July its 325,000-barrel-per-day Salina Cruz Refinery after being forced to shut down on June 23 due to a magnitude-7.4 earthquake registered off the coast of southern Mexico in Chiapas state. The facility is running at reduced rates and plans are to keep it as such throughout the rest of the month.
  
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• China Sees Rise in Large Operational Coal Mines, an Industrial Info Market Brief

  16-07-2020 07:44 via industrialinfo.com
  The number of operational coal mines, each with a production capacity of 10 million metric tons per year (MMT/yr) or more, has reached 52, the China Coal Industry Association said recently. These coal mines have a total approved production capacity of 821 MMT/yr, accounting for about a fifth of the nation's total capacity.
  
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• Petroperu Resumes Talara Refinery Modernization, an Industrial Info Market Brief

  16-07-2020 07:42 via industrialinfo.com
  Petroperu SA has gradually begun to resume activities related to the$3.5 billion modernization project at its 65,000-barrel-per-day Talara Refinery.
  
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• China's Power Consumption up 6.1% Year Over Year in June, an Industrial Info Market Brief

  16-07-2020 07:33 via industrialinfo.com
  In June, China's overall social power consumption reached 635.0 billion kilowatt-hours (kWh), an increase of 6.1% year over year; from January to June, China's accumulative social power consumption reached 3,354.7 billion kWh, a drop of 1.3% year over year, according to the National Energy Administration.
  
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• IIR Top Refining News Today: July 15th 2020

  15-07-2020 19:00 via industrialinfo.com
  Chevron on July 14 restarted the lone crude, 38,000-BBL/d VDU and 24,000-BBL/d CCR 3 Reformer, after a planned turnaround that started on April 6, at its 100,000-BBL/d Pasadena, Texas, refinery. Additionally, Chevron restarted the 56,000-BBL/d FCCU that was shut April 12, as well as six units that were shut on April 13. The units were shut due to a lack of auto fuel and product demand during COVID-19, and are still operating at lower rates.
  
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• Xcel Energy Wants to Accelerate $3 Billion Spend

  15-07-2020 08:55 via industrialinfo.com
  SUGAR LAND--July 15, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) last month submitted a plan to Minnesota utility regulators to accelerate about $2.9 billion in planned capital expenditures, mostly for renewable energy projects, to support an economic recovery for Minnesota. The company's total planed spend in Minnesota is about $3 billion, which includes increased outlays for conservation and energy
  
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• U.S. South Sees Project Delays Across Multiple Industries as COVID-19 Cases Skyrocket

  15-07-2020 08:55 via industrialinfo.com
  SUGAR LAND--July 15, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--States across the U.S. South are seeing a dramatic increase in COVID-19 cases, with Florida, Texas and Georgia accounting for some of the sharpest growth. Industries that carry weight in these areas--particularly the Chemical Processing, Pulp & Paper, and Food & Beverage industries--are struggling with how to handle new and active construction projects. Industrial Info is tracking about $1.2 trillion
  
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• IIR's July 15 Market Scorecard Brings You Breaking Geopolitical News

  15-07-2020 08:45 via industrialinfo.com
  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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• Woodside, Lower South Korea Crude Imports: Your Daily Energy News

  15-07-2020 08:35 via industrialinfo.com
  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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• China Grants Private Refiners Higher Crude Quotas, an Industrial Info Market Brief

  15-07-2020 08:20 via industrialinfo.com
  China is granting more crude importation quotas to 17 companies, in an effort to bring in more private refining companies and boost domestic production in the second half of 2020.
  
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• Russia to Invest About $7 Billion in Coal-Fired Power Plants, an Industrial Info Market Brief

  15-07-2020 08:15 via industrialinfo.com
  Industrial Info is tracking more than 270 capital and maintenance projects at coal-fired power plants in Russia, worth about $6.87 billion.
  
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• Automotive Parts Production in Mexico's Queretaro State Gradually Resumes, an Industrial Info Market Brief

  15-07-2020 08:14 via industrialinfo.com
  As demand increases for auto parts and components, plant production will revive in the wake of the COVID-19 pandemic.Renato Villaseñor Mendoza, president of the Querétaro Automotive Cluster, said the reactivation of the sector will be carried out in accordance with global demand.The revival of the auto industry in Mexico's Querétaro state will be gradual, until it can reach the production levels it had achieved before the arrival of the pandemic. As of June 1, companies in t
  
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• Aker BP Plans $600 Million Hod Oil Field Redevelopment

  15-07-2020 08:11 via industrialinfo.com
  GALWAY, IRELAND--July 15, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--A plan for the $600 million redevelopment of the Hod oil and gas field in the Norwegian North Sea has been submitted to the Ministry of Petroleum and Energy by partners Aker BP and Pandion Energy.
  Within this article: Details planned investment, field prospects, project partners, commissioning date
  
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• Europe to Begin About 200 Pulp & Paper Maintenance Projects through 2021, an Industrial Info Market Brief

  15-07-2020 08:10 via industrialinfo.com
  Industrial Info is tracking 199 maintenance projects ready to kick off over the next 18 months, valued at more than $370 million, in Europe's Pulp & Paper Industry. These include projects rescheduled due to the COVID-19 pandemics.
  
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• China's Central Region to See $11 Billion in Chemical Project Kickoffs in Third Quarter, an Industrial Info Market Brief

  15-07-2020 08:05 via industrialinfo.com
  Industrial Info is tracking about 300 Chemical Processing Industry projects in China's central region, which includes the Shanxi, Jiangxi, Henan, Hubei, Hunan and Anhui provinces, that are set to begin construction in the third quarter of 2020. These projects have a total investment value of nearly $11 billion.
  
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• European Green Energy Commitment Depresses Indonesia Coal Market, an Industrial Info Market Brief

  15-07-2020 07:48 via industrialinfo.com
  The environmentally friendly energy plan from European countries have been increasingly serious since the Climate Change conference (COP 25) in Poland last year. Germany and Poland decided to stop the use of coal in order to reduce the carbon emissions and switch to renewable energy. Furthermore, Germany planned to close all power generation units that use coal fuel by 2038 by partial stages. It is predicted the exports of Indonesia coal commodities will increasingly decline through the fourth q
  
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• Private Refiner in China Gets Export License, an Industrial Info Market Brief

  15-07-2020 07:43 via industrialinfo.com
  In an unprecedented move in the history of oil refining in China, the government has awarded an export license to its first non-state-owned refining company, Zhejiang Petrochemical Company Limited (ZPC), according to news accounts.The license allows ZPC to directly sell oil products to the international market, competing against state-owned refiners, and by calculated planning, also helps ease oversupply pressure in China's domestic market.
  
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• West Bengal invests Heavily in Port Infrastructure, an Industrial Info Market Brief

  15-07-2020 07:26 via industrialinfo.com
  West Bengal has increased its expenditure to modernize and expand its maritime sector. The state has seen a huge surge in warehousing and cargo movement. The government is keen to bring the industrial growth in other sectors as well.
  Industrial Info is currently tracking Industrial Manufacturing projects worth $1.21 billion (USD) in West Bengal. Click here for a list.
  
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• Cargo Volume at Major Indian Ports Drops 22% in April-May 2020, an Industrial Info Market Brief

  15-07-2020 07:23 via industrialinfo.com
  India's 12 major ports handled 92.82 million tons of cargo during the first two months of the ongoing fiscal year, which meant a decrease of 22% amid the coronavirus lockdown when compared with the same period in 2019, when 119.23 million tons were registered, according to a report from the Indian Ports Association.Container trade was severely hit as it recorded a decline of 36.33% in terms of twenty-foot equivalent units, followed by a 35.94% fall in thermal coal.
  
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• Middle East and Africa's Industrial Manufacturing Industry to Invest $73.90 Million in Plant Maintenance in 2021, an Industrial Info Market Brief

  15-07-2020 07:21 via industrialinfo.com
  Middle Eastern and African countries will be spending around $73 million in their Industrial Manufacturing plants for maintenance activities. The maintenance of the plants includes preventive, predictive and scheduled maintenance.Most of maintenance activities in the region are reported in automotive and heavy manufacturing sectors' plants, while South Africa and Iran top the list for investment.Click here for a list of projects and see graph below for investment by country.
  
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• European Data Center Projects Amount to $28.7 Billion, an Industrial Info Market Brief

  15-07-2020 07:15 via industrialinfo.com
  Data center development in Europe remains strong. Industrial Info is tracking 313 active projects in the sector, worth $28.7 billion, including new facilities and expansions of existing ones.
  
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• IIR Top Power News Today: July 14th 2020

  14-07-2020 19:00 via industrialinfo.com
  Midland Cogeneration Venture LP has rescheduled a major turbine overhaul, generator inspections and balance-of-plant maintenance on the 350-megawatt (MW) Midland 01 ST unit at its Midland Cogeneration plant in Michigan. Originally planned for July 13, this event is now scheduled for July 17 and will end August 16.
  
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• Digital Oil Analytics: How is COVID-19 Affecting China's Oil Demand and Global Refining?

  14-07-2020 08:55 via industrialinfo.com
  Refiners and oil traders increasingly are turning to digital technologies to sustain a competitive advantage and are seeking data partners to support their digital transformation. IIR Energy and OilX are hosting a live webinar on Tuesday, July 21, to demonstrate the impact of COVID-19 on Chinese oil demand and the global refining throughput, using fully integrated oil analytics.Within this article: How IIR Energy and OilX can help you experience the power of integrated refinery analytics.
  
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• Gilbane Building Company at Work on $7.7 Billion in Projects

  14-07-2020 08:45 via industrialinfo.com
  SUGAR LAND--July 14, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--With several large projects under its belt, Gilbane Building Company (Providence, Rhode Island) has become one of the top construction management firms in the U.S. Industrial Info is tracking more than $7.7 billion in active projects involving Gilbane, covering a range of industries, including Industrial Manufacturing, Pharmaceutical-Biotech and Food & Beverage.
  
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• IIR Energy Partners With Orbital Insight to Provide Refinery Operations Intelligence

  14-07-2020 08:44 via industrialinfo.com
  SUGAR LAND--July 14, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--IIR Energy is partnering with Orbital Insight, which uses machine learning to transform multiple sources of geospatial data--including satellite images, mobile location, connected cars, and other IoT data--to provide clients with the latest refining-related activity updates.
  
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• China's Formaldehyde Project Investment Increases 68% in One Year, an Industrial Info Market Brief

  14-07-2020 08:25 via industrialinfo.com
  Industrial Info is tracking 71 capital formaldehyde projects in China, worth $3.01 billion. Formaldehyde is mainly used in the adhesives sector.
  
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• South Asia to See More than $6 Billion in Third-Quarter Oil & Gas Kickoffs, an Industrial Info Market Brief

  14-07-2020 08:20 via industrialinfo.com
  Industrial Info is tracking 87 oil and gas projects in South Asia, worth $6.22 billion, that are expected to kickoff in the third quarter.
  
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• PT J Resources Indonesia Optimistic on Completing Gold Projects, an Industrial Info Market Brief

  14-07-2020 08:18 via industrialinfo.com
  Gold mining company PT J Resources Indonesia (PSAB) is optimistic regarding its project targets in Indonesia despite the ongoing COVID-19 pandemic.
  PSAB is developing the Doup gold mine in Mongondwo Regency, North Sulawesi, and the Pani joint-venture project with PT Merdeka Copper Gold Tbk in Pohuwato Regency, Gorontalo Province. PASB is targeting production from the Pani mine by the fourth quarter of 2021. PASB plans to produce around 60,000 to 70,000 troy ounces of gold from the mine each year
  
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• Africa to See $11.5 Billion in Third-Quarter Oil & Gas Kickoffs, an Industrial Info Market Brief

  14-07-2020 08:15 via industrialinfo.com
  Industrial Info is tracking 131 oil and gas projects in Africa, worth $11.5 billion, that are expected to kickoff in the third quarter.
  
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• U.K. Set to Pay £500 Million For GSK-Sanofi COVID-19 Drug

  14-07-2020 08:11 via industrialinfo.com
  GALWAY, IRELAND--July 14, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The U.K. government is close to inking a £500 million ($624 million) deal with GlaxoSmithKline (NYSE:GSK) (GSK) (Brentford, England) and Sanofi (NASDAQ:SNY) (Paris, France) to supply the country with up to 60 million doses of their coronavirus vaccine.
  Within this article: Details proposed vaccine deal, testing timeline, related vaccine news, Sanofi plant investment in Franc
  
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• Oceania to See $356 Million in Third-Quarter Oil & Gas Kickoffs, an Industrial Info Market Brief

  14-07-2020 08:10 via industrialinfo.com
  Industrial Info is tracking 37 oil and gas projects in Oceania, worth more than $356 million, that are expected to kickoff in the third quarter.
  
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• Middle East to See $12 Billion in Third-Quarter Oil & Gas Kickoffs, an Industrial Info Market Brief

  14-07-2020 08:05 via industrialinfo.com
  Industrial Info is tracking 136 oil and gas projects in the Middle East, worth $11.88 billion, that are expected to kick off in the third quarter.
  
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• ADNOC to Re-tender Dalma Project Contract, an Industrial Info Market Brief

  14-07-2020 07:53 via industrialinfo.com
  Abu Dhabi National Oil Company (ADNOC) is set to re-tender the previously cancelled Dalma project. As per Upstream, ADNOC plans to reduce the project's scope and further optimize costs during the novel tender process. Earlier, ADNOC cancelled two contracts awarded to Petrofac Emirates and a JV of Petrofac and Sapura Energy to provide engineering, procurement, and construction for ADNOC's Dalma gas development project.
  
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• RHI Magnesita Announces Investments, an Industrial Info Market Brief

  14-07-2020 07:30 via industrialinfo.com
  RHI Magnesita, a maker of refractory products and solutions, began 2020 by announcing the investment of 40 million euros ($45 million) to develop the Dolomite Resource Centre in Europe. The facility will process raw local dolomite into sintered dolomite for use in refractory products at Hochfilz, in the state of Tyrol, Austria.
  
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• China Invests in Southeast Asia Steel Capacity, an Industrial Info Market Brief

  14-07-2020 07:29 via industrialinfo.com
  Chinese companies are bankrolling and supporting recent steel grassroot and expansion steel projects in Southeast Asia as the region contends for new foreign investment during the pandemic. Indonesia currently has PT Dexin Steel Indonesia, partly owned by China's Delong Holdings Limited, building a 3-million-ton-per-year stainless steel complex in Morowali Industrial Park, and Shaanxi Iron and Steel Group plans to construct a new 7-million-ton-per year steelmaking plant east of the archipelago n
  
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• Africa to Spend $8.02 Billion for Urea Fertilizer Capital Projects, an Industrial Info Market Brief

  14-07-2020 07:19 via industrialinfo.com
  Industrial Info is tracking 14 urea fertilizer capital projects in Africa amounting to $8.02 billion.
  
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• Japan's Petrochemicals Sector Sees $969 Million in Projects, an Industrial Info Market Brief

  14-07-2020 07:02 via industrialinfo.com
  Industrial Info is tracking 71 capital-spending projects in Japan's petrochemicals sector, worth $969 million.
  
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• IIR Top Refining News Today: July 13th 2020

  13-07-2020 19:00 via industrialinfo.com
  Marathon Petroleum on July 12 restarted the 225,000-BBL/d Pipe Still 3B (crude) and the 112,500-BBL/d Pipe Still 3B VDU at its 437,000-BBL/d Galveston Bay Refinery (GBR) in Texas City, Texas, after the units were shut down on July 4. The turnaround of five other units is ongoing. The refinery is still derated due to low demand for auto fuel and product because of the COVID-19 pandemic.
  
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• Join Industrial Info for Webinar on Petroleum Refining Global Spending Outlook

  13-07-2020 08:55 via industrialinfo.com
  SUGAR LAND--July 13, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary webinar on the spending outlook for the global Petroleum Refining Industry on Wednesday, July 15, at 10 a.m. CDT (11 a.m. EDT) and on Thursday, July 16, at 10 a.m. JST. Join Chris Paschall, Industrial Info's vice president of research, petroleum refining, and Shaheen Chohan, vice president of Global Analytics, as they discuss the trends and drivers o
  
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