Subject: New Refinery Projects for Sept.’08
New refinery projects are reported monthly to Industrial Valves: World Markets http://www.mcilvainecompany.com/brochures/water.html#n028. Here are the project titles for the month of Sept.’08.
Refinery Updates
September 2008
INDUSTRY ANALYSIS
1. AMERICAS
U.S.
Flint Hills to Add Two New Units at Corpus Christi Site
Albemarle to Raise FCC Catalyst Prices
Valero to Kick Off $2.4 Bln Expansion at Port Arthur
Western Refining Eyes Yorktown Refinery Sale to Lower $1.5 Bln Debt
Technip Wins Contract for Valero Port Arthur Expansion
BP Awards Fluor $3.8 Bln in Whiting Contracts
Three Companies Propose $1.8 Bln Floating Offshore Texas Port
E.P.A. Sued by Twelve States to Regulate Oil Refineries
Lake Charles Calcasieu Refinery Settles Clean Air Suit
$1.5 Bln Buffalo-area Plant Would Convert Coal, Petcoke into Natural Gas
BRAZIL
Petrobras to Invest $31 Bln in Refineries
COLOMBIA
Private Investors to Put $2.8 Bln into Colombia Refinery, Duty-free Zones
2. ASIA
CHINA
Big Oil Refineries Turn to Smaller Independents in China
Sinopec to Double Fujian Venture Capacity to 482,000 bpd
Sinopec to Double Capacity to 502,000 bpd at Maoming Refinery
INDONESIA
Indonesia's Energi Laga to Build 200,000 bpd Refinery
SOUTH KOREA / MEXICO
Samsung Engineering Wins $1.5 Bln in Refinery, LNG Projects
VIETNAM
U.S. Firm Eyes Refinery in Southern Vietnam
Idemitsu Plans Refinery and Growth in Vietnam
Vietnam and It’s Current Refineries Status
3. EUROPE / AFRICA / MIDDLE EAST
NORWAY
StatoilHydro Set to Begin Mongstad Maintenance
NIGERIA
Official says Nigeria’s NNPC might Collapse under Debt
SOUTH AFRICA
Venezuela's Chavez to Sign South Africa Energy Deal
WEST AFRICA
CityView Corp to Ship Refinery to West Africa
BAHRAIN
Samsung Wins $300 Mln Bahrain Refinery Order
IRAN
Iran’s $41 Bln Investment in Oil Industry
Iran to Boost Heavy Crude Refining Capacity
IRAQ
Iraq to Award $81 Mln Upgrade Contract for Samawah Refinery to CICSCO and VECO
KUWAIT
Kuwait Delays $15 Bln Tenders to Upgrade Refineries
SAUDI ARABIA
Chiyoda to Bid for $1.8 Bln JV Saudi Export Refinery Projects
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Bob McIlvaine
rmcilvaine@mcilvainecompany.com