Siemens Preps to Spin Off Energy Business as COVID-19 Forces Costly Delays - 1日前  Industrial Infos Industry News

SUGAR LAND--August 7, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Siemens AG (Munich, Germany) remains optimistic about its business, with executives predicting a "modest" improvement in orders and revenue in the coming months, despite steep losses for fiscal third-quarter 2020 that included a nearly 50% decline in net profits year-over-year. The company's energy business--which it is preparing to spin off into the independent Siemens Energy AG--took some of the hardest hits from the global pandemic. Industrial Info is tracking more than $5.3 billion worth of projects in...more
カテゴリー:科学/工業

Cheniere Energy, Canadian Natural Resources: Your Daily Energy News - 1日前  Industrial Infos Industry News

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: Canadian Natural Resources (TSX:CNQ), Cheniere Energy Incorporated (NYSE:LNG)
カテゴリー:科学/工業

Dakota Access Pipeline Drama Continues, an Industrial Info Market Brief - 1日前  Industrial Infos Industry News

A U.S. appeals court has overruled a lower court's ruling to shut down crude oil transit on the Dakota Access pipeline until after an environmental review. The higher court's ruling allows crude to continue flowing.
カテゴリー:科学/工業

Plains All American Earnings Dive as Company Expects $1 Billion in Expansion Capital Investment in 2020 - 2日前  Industrial Infos Industry News

SUGAR LAND--August 6, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Like other midstream companies, Plains All American Pipeline LP (NYSE:PAA) (Houston, Texas) suffered in second-quarter 2020. The company reported net income of $142 million, compared with $446 million in the prior-year quarter. Plains again cut planned expansion capital spending for 2020-21 by $100 million, with it expected to be $1.45 billion for both years. In the company's recent earnings conference call, Chief Executive Officer Willie Chiang said Plains invested approximately $650 million in expansio...more
カテゴリー:科学/工業

China's Sinopec-SK Schedules Turnaround for Ethylene Unit at Wuhan Complex, an Industrial Info Market Brief - 2日前  Industrial Infos Industry News

Sinopec-SK has scheduled a 70-day planned turnaround of the 1.76 billion-pound-per-year ethylene unit, which will begin in October, at its Wuhan (Hongshan) petrochemical complex in China. Eight other units at the facility also are scheduled for maintenance in October.
カテゴリー:科学/工業

DACH Chemical Producers Plan $90 Million of Maintenance in Fourth Quarter, an Industrial Info Market Brief - 2日前  Industrial Infos Industry News

Chemical producers in the DACH region (Germany, Austria and Switzerland) are planning 72 scheduled maintenance and repair projects, worth more than $90 million, that are set to kick off in the fourth quarter.
カテゴリー:科学/工業

WEC Energy Shrugs Off COVID-19 Concerns with $1 Billion in Projects - 3日前  Industrial Infos Industry News

SUGAR LAND--August 5, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--WEC Energy Group Incorporated (NYSE:WEC) (Milwaukee, Wisconsin), one of the largest utilities in the Great Lakes region, is faring better than many similar companies during the COVID-19 pandemic. Most of its major capital-spending projects remain on track to begin and finish construction as scheduled, and the company even upped its pledge to cut its carbon emissions over the next decade by 70%, from its previous goal of 40%. Industrial Info is tracking more than $1 billion worth of active projects from WEC...more
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DPR Construction at Work on More than $2.6 Billion of Projects - 3日前  Industrial Infos Industry News

SUGAR LAND--August 5, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--As one of the nation's top general contractors, DPR Construction (Redwood City, California) is responsible for large projects throughout the U.S., especially in the data center and Pharmaceutical-Biotech sectors. Industrial Info is tracking more than $2.6 billion worth of projects in which DPR has a hand. Other companies featured: Facebook Incorporated (NASDAQ:FB)
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'Assembly Phase' Begins at World's First Fusion Reactor - 3日前  Industrial Infos Industry News

GALWAY, IRELAND--August 5, 2020--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The world's first planned fusion reactor has reached the "assembly phase" and an estimate of first fusion power is predicted for 2025. Within this article: Details major phase start at ITER fusion reactor, costs, timelines, benefits, international backers
カテゴリー:科学/工業

Russia's Rosneft Completes Maintenance Turnaround of Ethylene Unit at Angarsk Plant, an Industrial Info Market Brief - 3日前  Industrial Infos Industry News

Rosneft completed a 40-day maintenance turnaround, on July 31, of the 297.62 million-pound-per-year ethylene unit at its chemical plant in Angarsk, Russia. The Angarsk chemical plant is the only facility in Eastern Siberia and Far East of Russia that manufactures ethylene and polymer products. Industrial Info is tracking 44 active ethylene-related projects, worth more than $24 billion, in Russia
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Energy Transfer Reduces Planned 2020 Capex Again - 1日前  Industrial Infos Industry News

SUGAR LAND--August 7, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream companies are having a tough time, and Energy Transfer LP (NYSE:ET) (Dallas, Texas) is no exception. In the company's recent earnings conference call, Chief Financial Officer Tom Long said Energy Transfer was expecting a "slower recovery than initially forecasted." With this in mind, the company further reduced its planned 2020 growth capital expenditures (capex) by an additional $200 million to $3.4 billion for the year, a $600 million decrease from Energy Transfer's guidance at the beginning ...more
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South Asian Urea, Ammonia Manufacturers to See $3.2 Billion of Kickoffs in Coming Year, an Industrial Info Market Brief - 1日前  Industrial Infos Industry News

Industrial Info is tracking 26 capital projects, worth $3.28 billion, in South Asia's urea and ammonia-manufacturing sectors that are scheduled to kick off within the coming year. Bangladesh Chemical Industries Corporation is the top investor, with $1.2 billion attributed to four ongoing projects.
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IIR Top Chemical Processing News Today: August 6th 2020 - 2日前  Industrial Infos Industry News

Indorama was forced to shut down its 945 million-pound-per-year olefins unit in Sulphur, Louisiana, after a lightning strike hit the plant on August 1. Indorama is assessing damages and currently expects to restart the unit by August 7.
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Sempra, Marathon Oil, Holly Energy Partners: Your Daily Energy News - 2日前  Industrial Infos Industry News

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: Sempra Energy (NYSE:SRE), Marathon Oil Corporation (NYSE:MRO), Holly Energy Partners, L.P. (NYSE:HEP)
カテゴリー:科学/工業

China's Operational Polypropylene Capacity Exceeds 64 Billion Pounds Per Year, an Industrial Info Market Brief - 2日前  Industrial Infos Industry News

Industrial Info is tracking 125 operational polypropylene units in China, the total capacity of which reaches 64.37 billion pounds per year. Zhejiang province leads all others with 16 units. Polypropylene is a key feedstock for manufacturing face masks. Industrial Info is tracking 85 capital polypropylene projects in China worth almost $29 billion.
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IIR Top Refining News Today: August 5th 2020 - 3日前  Industrial Infos Industry News

Marathon on August 3 experienced a fire at a wastewater lift station at its Galveston Bay Refinery in Texas City, Texas. The fire was put out, and the 75,000-BBL/d UU3 Reformer has begun to restart. The 225,000-BBL/d PS 3B (crude), 65,000-BBL/d UU 4 Reformer and 60,000-BBL/d DDU 300 (diesel hydrotreater) should be restarted within 24 to 48 hours. The units shut down the end of May for planned turnarounds and restarted at the end of July. The refinery is derated due to low demand for auto fuel and product as a result of the COVID-19 pandemic.
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IIR's August 5 Market Scorecard Brings You Breaking Geopolitical News - 3日前  Industrial Infos Industry News

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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Freeport LNG, Equitrans, Pioneer Natural Resources: Your Daily Energy News - 3日前  Industrial Infos Industry News

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: Pioneer Natural Resources (NYSE:PXD), Equitrans Midstream Corporation (NYSE:ETRN)
カテゴリー:科学/工業

Australia Features Prominent Gold Mining Companies, an Industrial Info Market Brief - 3日前  Industrial Infos Industry News

Australia is the third-largest gold producer in the world, after China and Russia. Due to recent high gold prices, there is significant development of capital and maintenance gold mining projects in the Oceanic region, and gold miners are rushing to ramp up production or exploration.
カテゴリー:科学/工業

Russia's Gazprom Neftekhim Salavat Completes Maintenance on LDPE Unit at Salavat Plant, an Industrial Info Market Brief - 3日前  Industrial Infos Industry News

Gazprom Neftekhim Salavat has restarted the low-density polyethylene unit (LDPE) at its Salavat monomer plant in Russia, after routine maintenance that lasted for 29 days. The unit produces 99 million pounds per year of LDPE.
カテゴリー:科学/工業