Tag: project
Ticona expands capacity
Ticona, the technical polymers unit of Celanese AG, has expanded its North American compounding capability by adding 20% more capacity at its plant in Shelby, NC, and 30% more capacity at its plant in Florence, Kentucky, USA.
Oman production boost
MB Petroleum and its new partner, CNPC, will invest a total of USD 220 million over the next four years to achieve a projected five-fold increase in oil production at the Sultanate's Mezoon-5 oil concession.
Memorial project
AK Steel is donating 20,000 pounds of stainless steel produced in western Pennsylvania to a project raising money for a permanent memorial to the passengers and crew of United Airlines Flight 93
Iran signs South Pars deals
Iran will shortly sign the agreements to implement phases 9 and 10 of the giant South Pars gas development projects, Oil Minister Bijan Namdar Zangeneh has said.
Statoil gives contract to Samsung
Norway's Statoil has given a NOK 475 million contract to Korea's Samsung Heavy Industries Co to construct the steel hull for a production platform to be used in the Kristin field in the North Sea.
Power plants in Australia
AlintaGas Ltd (Perth, Australia) is attempting to dismantle the monopoly of the government-owned utility, Western Power Corporation, by providing customers with a choice of electricity retailers and delivering cheaper electricity prices to the grid.
