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Processing e-News

Shale gas processing equipment market poised for growth

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With the U.S. leading the world in shale reserves exploration, and other countries starting to explore and develop their own reserves, strong growth is expected in the shale gas processing equipment market over the next five years.
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Cargill closes Wisconsin beef plant

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The company said that it was ending operations at the plant primarily because of diminished cattle supply, which has been brought about by producers retaining cattle for herd expansion.
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Industrial packaging firm Mauser Group acquired for $1.6 billion

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Industrial packaging producer Mauser Group has been acquired by private equity firm Clayton, Dubilier & Rice (CD&R) for approximately $1.6 billion.
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Two product recalls for possible Salmonella risk

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Two U.S. companies that supply health products have announced separate recalls because of the possible risk of Salmonella contamination.
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Bids invited for UK onshore oil and gas licenses

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A new bidding process for onshore oil and gas exploration licenses was opened by the UK government last week.
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Fluor to build Dow's new reverse osmosis plant in Saudi Arabia

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Fluor Corporation is to build a reverse osmosis (RO) manufacturing facility for the Dow Chemical Company in Saudi Arabia under a new engineering, procurement and construction (EPC) contract.
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Rosneft, PDVSA sign collaboration agreements

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The two firms have agreed to establish a joint venture that will provide engineering and construction services in the oil and gas industry.
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Future growth in oilfield process chemicals market led by enhanced oil recovery

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Drilling-related chemicals account for more than a third, 36 percent, of the overall market. This category includes drilling fluids, workover/completion fluids and cementing additives.
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Oregon LNG granted approval for global exports

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The U.S. Department of Energy (DOE) authorized the company to export up to 1.25 billion cubic feet per day of LNG to countries that do not have a free trade agreement with the United States.
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VanDeMark Chemical acquires European phosgene producer

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VanDeMark Chemical Inc., a U.S. manufacturer of phosgene and phosgene derivatives, has expanded its business with the acquisition of a European manufacturer of phosgene products.
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