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BIC Magazine | February 05, 2020
Phillips 66 is expanding its midstream and refining business in 2020 with projects in the works or under completion all along the Gulf Coast and beyond. The company said in its fourth-quarter 2019 earnings statement that its refining and chemicals business ran at 97 percent utilization. The company and its partners commenced initial operations on the 900,000 bpd Gray Oak pipeline, which is expected to reach full service in the second quarter of 2020. Gray Oak will provide crude oil transportatio...
Ceresana | February 28, 2020
Polyethylene is one of the top-selling standard plastics, its consumption continues to increase despite all environmental discussions. It is classified into different grades according to its density and the branching of its polymer chains: LDPE, LLDPE, and HDPE. Ceresana now publishes its third comprehensive analysis of the world market for low-density polyethylene (LDPE). This oldest polyethylene grade, which has been produced since 1939, is soft, tough, and flexible. LD...
Chemical Management
Energy Services of America Corporation | April 07, 2022
Energy Services of America Corporation formed a newly wholly owned subsidiary Tri-State Paving Acquisition Company, Inc., a West Virginia corporation, which has entered into an Asset Purchase Agreement with Tri-State Paving & Sealcoating, LLC a West Virginia corporation located in Hurricane, West Virginia to acquire substantially all of the assets of Tri-State Paving for $7.5 million in cash, a $1.0 million seller note, and $1.0 million in the Company's common stock. The Company expects ...
Chemical Technology
USA Compression Partners, | August 02, 2022
USA Compression Partners, LP and Callon Petroleum Company announced the start-up of multiple Dual Drive compressors at Callon’s locations in the Eagle Ford Shale. The Dual Drive compression service offering, which is currently only offered by USA Compression, offers customers the ability to contract for natural gas compression services powered by either natural gas or electricity, providing operators the ability to significantly decrease greenhouse gas emissions from their operations. Read More
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