Two McIlvaine Newsletters provide updates on the scrubber/adsorber market.
All issues for the past nine years can be accessed chronologically. The
Scrubber/Adsorber Newsletter provides the latest commercial information.
The Gold Dust Newsletter provides the financial perspective.
SCRUBBER/ADSORBER
NEWSLETTER
May 2015
No. 491
Table of Contents
MARKETS
PETROLEUM
METALS
ODORS
SHIP EMISSIONS
BIOGAS
PAINT SHOP
INDUSTRY NEWS
ENFORCEMENT ACTIONS
The Scrubber/Adsorber/Biofilter
Newsletter is included in two services.
For more information on
Scrubber/Adsorber/Biofilter Knowledge Systems, click on:
http://home.mcilvainecompany.com/index.php/other/2-uncategorised/96-2abs
For more information on
Scrubber/Adsorber/Biofilter World Markets, click on:
http://home.mcilvainecompany.com/index.php/services-drop-down.
GOLD
DUST
The "Air Pollution Management" Newsletter
May 2015
No. 445
TABLE OF CONTENTS
HOT TOPIC
MARKETS
INDUSTRY NEWS
GDP UPDATE
May 2015
TABLE OF CONTENTS
International Monetary Fund has lowered its outlook for Canadian economic
growth.
It describes Canada’s recent performance as “solid” but says the risk to its
growth has been increased by an unusually large drop in oil prices, weaker
business investment in the energy sector and lower employment growth
The latest projection from the Washington-based agency calls for the Canadian
economy to grow 2.2% in 2015, down from the January estimate of 2.3%.
Canada is expected to outperform Japan and countries that use the euro, but lag
behind the United States and the United Kingdom.
The IMF estimates in a report that the American economy will grow 3.1% this year
and the U.K’s real gross domestic product will grow by 2.7%.
The IMF also predicts the 18 countries that use the euro will expand 1.5% in
2015, up from a January forecast of 1.2%. The fund forecasts that Japan will
grow 1.0% this year, versus an earlier forecast of 0.6%.
Exports have been touted as a savior of the economy, with Canadian exporting set
to rise on the lower dollar…The remaining
text is not included in this sample.
Is it time to start panicking about China’s debt? If you believe Beijing won’t
support the municipalities that have overdosed on credit over the last few
years, then absolutely. But overall, China’s federal level debt remains low,
bank’s remain strong despite higher non-performing loans on the balance sheet,
and yet we still get a total debt to GDP ratio of a whopping 282%.
First, a little comparison. The U.S. total debt to GDP, which includes household
and corporate debt, is 331.7%. The economy has not imploded because of that,
though there are plenty of people out there with books and newsletters to sell
who say it is only a matter of time. They might be right. The same holds for
China.
McKinsey Global Institute blamed China’s debt burden on a credit bubble which
began in earnest in 2009. Back then, China was trying to plug up the holes left
by the U.S. and European financial crisis. China is export dependent. When its
two biggest clients fell because of its own credit bubble, China did what all
economies do in crisis — stimulate, stimulate, and stimulate some more.
McKinsey says local debt is the biggest problem. Central government debt is
still low, at around 64% of GDP. That gives the government room to — well,
stimulate some more. The central bank is currently running its own mini-QE
program, which has helped the stock market beat the MSCI Emerging Markets Index
by a landslide year-to-date…The remaining
text is not included in this sample.
Investors can expect mostly upbeat data from Eastern European markets this week,
despite the potential contagion from recession in Russia and financial crisis in
Greece, according to Capital Economics.
Russia, Bulgaria, the Czech Republic, Hungary, Poland, Romania and Slovakia are
scheduled to report first quarter GDP figures this week. The Russian economy
likely contracted by around 3% year over year, with inflation hurting consumer
spending. “But industry has held up reasonably well, which has prevented an even
sharper fall in output,” Capital Economics writes. For central and southern
Europe, Capital Economics sees an expansion in output of 3% year over year for
the region, compared with 2.7% in the fourth quarter of 2014. Capital Economics
adds:
“There has been very little evidence, so far at least, that the recession in
Russia and renewed problems in Greece have had any impact on activity in the
region … At a country level, we think that Hungary and Poland were the region’s
best performers. We have penciled in GDP growth of 3.3% y/y in both countries,
which would roughly be in line with the fourth quarter’s outturn. Elsewhere, we
think growth in the Czech Republic accelerated to around 2.0% y/y in the first
quarter, from 1.4% y/y in the fourth quarter, and would highlight that the
chance of an upside surprise here is high.
As for Russia, Capital Economics expects preliminary first quarter GDP
contraction due to the toll from “low oil prices, last year’s ruble crisis and
Western sanctions.”
The slump in consumer-facing sectors was probably the biggest drag on growth in
Q1 as households’ real incomes collapsed on the back of soaring inflation.
Retail sales contracted by 6.9% y/y in real terms over the first three months of
the year. Investment in productive capacity was also hard hit, falling by 6.1%
y/y in Q1…The remaining text is not
included in this sample.
For more information on
Scrubber/Adsorber/Biofilter World Markets, click on:
http://home.mcilvainecompany.com/index.php/services-drop-down.
OIL & GAS SALES LEADS HEADLINES
Oil and Gas Project Tracking
is available at a discount to
Scrubber/Adsorber/Biofilter World Markets subscribers. Access to
details on the worldwide oil and gas projects is provided at a substantial
discount to
Scrubber/Adsorber/Biofilter World Markets
subscribers.
(Listed by most current date)
May 22, 2015
ASCO Wins Shell Prelude Logistics & Supply Base Management Contract
Revision Date:
5/22/2015
Anadarko Considers Selling Mozambique Gas Assets to Exxon
Revision Date:
5/22/2015
Research Report Forecasts LNG Market Demand at 400M Tonnes
Revision Date:
5/22/2015
Total-led LNG Project in Papua New Guinea Targets 1st Gas in 2021
Revision Date:
5/21/2015
Philippines to Get Regas Terminal amid LNG Sector Uncertainty
Revision Date:
5/21/2015
Pioneering LNG-powered Containership Launched in San Diego
Revision Date:
5/21/2015
Petronas to Deliver LNG from World's First Floating Facility in Q1 2016
Revision Date:
5/20/2015
Total-led Papua New Guinea LNG Project Targets 1st Gas in 2021-InterOil VP
Revision Date:
5/20/2015
Japan's Toho Gas to Buy Cameron LNG from Mitsubishi
Revision Date:
5/20/2015
LNG Takes Off in Gas-Rich Mideast as Conflicts Endanger Pipelines
Revision Date:
5/20/2015
French Utility, Engie Considers Acquisitions to Expand in Renewables, LNG Market
Revision Date:
5/20/2015
Hoegh LNG to Deliver FSRU, Vessels to UK's Meridian Project
Revision Date:
5/20/2015
Freeport LNG Closes Financing and Commences Construction of Third Liquefaction
Train
Revision Date:
5/19/2015
Venture Global LNG Announces Manufacturing and Engineering Team for Calcasieu
Pass Project
Revision Date:
5/19/2015
Petronas Awards FVSB Contract for PFLNG1 Facility
Revision Date:
5/19/2015
Shell to Raise India LNG Plant Capacity by 50 Percent in 2016/17
Revision Date:
5/19/2015
Parallax Energy Purchases Louisiana LNG, Its Second Mid-Scale LNG Facility This
Year
Revision Date:
5/19/2015
EPA and Dominion Cove Point Settle Violations at Maryland Natural Gas
Distribution Facility
Revision Date:
5/18/2015
Apache Completes Sale of Kitimat LNG to Woodside
Revision Date:
5/18/2015
Bestobell Marine Receives Third Valve Order from China’s Hudong Zhonghua
Shipyard
Revision Date:
5/18/2015
Shell to Buy BG Group in $70 Bln Energy Deal
Revision Date:
5/18/2015
Engro Corp and Excelerate Energy Commission Pakistan’s Port Qasim LNG Terminal
Revision Date:
5/18/2015
State Agency Upholds Clatsop County Decision against Gas Pipeline To Oregon LNG
Plant
Revision Date:
5/18/2015
Pacific NorthWest LNG & Progress Energy Canada Welcome Approval of North Montney
Mainline Project
Revision Date:
5/18/2015
Dominion and Business Partners Celebrate Construction of Cove Point Liquefaction
Project
Revision Date:
5/15/2015
Sempra Energy Submits Port Arthur Liquefaction-Export Facilities for FERC
Pre-File Review
Revision Date:
5/15/2015
CB&I, Chiyoda and Zachry Group Awarded Contract for LNG Liquefaction and Export
Facility
Revision Date:
5/15/2015
Poland Expects LNG Terminal to Launch between Q2 and Q3
Revision Date:
5/15/2015
Texas LNG Initiates FERC Pre-filing for Brownsville Project
Revision Date:
5/15/2015
GE Oil & Gas Wins Long-Term Gas Services Contract
Revision Date:
5/15/2015
GE Wins Twenty Year Contract for Sabine Pass LNG Trains
Revision Date:
5/14/2015
U.S. LNG Projects Hit by Energy Price Slide
Revision Date:
5/14/2015
Delfin LNG Signs Memorandum of Understanding with LITGAS
Revision Date:
5/14/2015
Shell, Chevron Focus on Making Australian LNG More Competitive
Revision Date:
5/14/2015
Dutch Gasunie in $216 Mln Project to Boost Foreign Gas Imports
Revision Date:
5/14/2015
Top U.S. and Canada Officials to Have Oil Train Safety Plan May 1
Revision Date:
5/13/2015
Bechtel Plant Moves to Gas-fired Electricity at its Curtis Island LNG Plant
Revision Date:
5/13/2015
Deep Down Receives Orders Totaling $4.8 Mln
Revision Date:
5/12/2015
ONEOK Partners and Fermaca to Construct Export Natural Gas Pipeline from West
Texas to Mexico
Revision Date:
5/12/2015
Chesapeake Utilities Corporation Completes Merger with Gatherco, Inc.
Revision Date:
5/12/2015
Siluria Technologies Announces Start-Up of First Demonstration Plant to Directly
Convert Natural Gas to Ethylene
Revision Date:
5/12/2015
CONSOL Energy Appalachian Operations Certified for Completion of Air & Water
Evaluation and Verification Process
Revision Date:
5/12/2015
Rise of Deadly Radon Gas in Pennsylvania Buildings Linked to Fracking Industry
Revision Date:
5/12/2015
Swiber Secures $710 Mln West African Contract
Revision Date:
5/12/2015
TransCanada Scraps Plans to Build Oil Terminal at Cacouna, Quebec
Revision Date:
5/12/2015
Puma Energy Opens One of World's Largest Offshore Fuelling Facilities
Revision Date:
5/12/2015
Pennsylvania DEP Begins to Collect Monthly Natural Gas Production Data
Revision Date:
5/12/2015
Alfa Laval Wins SEK 70 Mln Natural Gas Order in the US
Revision Date:
5/8/2015
Kinder Morgan and Keyera to Build New Crude Oil Storage Terminal in Edmonton, AB
Revision Date:
5/8/2015
North Dakota Oil Producers Complying with New Treatment Rules
Revision Date:
5/8/2015
Severstal to Supply 160,000 Tonnes of Large-diameter Pipes for Power of Siberia
Project
Revision Date:
5/8/2015
Energy Recovery Commissions First IsoGenTM Turbogenerator System for Saudi
Aramco
Revision Date:
5/8/2015
McDermott Awarded SURF Installation Scope for Atlanta Early Production System in
Santos Basin, Brazil
Revision Date:
5/8/2015
Siemens Opens Oil & Gas Headquarters in Houston
Revision Date:
5/8/2015
CONSOL Energy and Halliburton Deliver Fracturing Spread Powered by EPA Tier 4F
Emissions Standard-Compliant
Revision Date:
5/7/2015
Pipeline Owners and Developers Planning Host of Projects to Reach New Markets
Revision Date:
5/7/2015
Developers Proceeding with Billions of Dollars of Pipeline Work
Revision Date:
5/7/2015
Mcdermott Awarded EPCI Contract by Qatar Petroleum
Revision Date:
5/7/2015
Amarinth Enclosure Pumps for Maersk’s Offshore Rig
Revision Date:
5/7/2015
Plains, Delek to Build Oil Pipeline between Longview and Shreveport
Revision Date:
5/6/2015
BP Sees TANAP Gas Pipeline Project Deal within Two Months
Revision Date:
5/6/2015
NuStar Energy Building Storage to Enable Condensate Exports from Corpus Christi
Revision Date:
5/6/2015
Sinopec Says China's Crude Storage Nearly Full
Revision Date:
5/6/2015
Triyards Lands $100 Mln Deal to Build 2 MPSVs and Turret Mooring System
Revision Date:
5/6/2015
BNSF Railroad Adds New Safety Rules for Crude Oil Trains
Revision Date:
5/6/2015
BP Signs $12 Bln Deal to Develop Egypt West Nile Delta Gas Field
Revision Date:
5/6/2015
Two U.S. Funds to Invest $900 Mln in Mexican Gas Pipeline
Revision Date:
5/5/2015
OneSubsea Delivers Multiphase Compressor to Statoil for Gullfaks Field
Revision Date:
5/5/2015
EastSiberian Plc Signs Cooperation Agreement with Petronic in Nicaragua
Revision Date:
5/5/2015
Treatment chemicals are an important addition to most oil and gas processes.
Access to details on the worldwide oil and gas projects is provided at a
substantial discount to
Scrubber/Adsorber/Biofilter World Markets subscribers.
These sales leads are part of Oil, Gas, Shale and Refining Markets and
Projects, and are issued bi-weekly. As a subscriber to
Scrubber/Adsorber/Biofilter World Markets you receive a 30 percent discount
for this service.
For more information on Oil, Gas, Shale and Refining Markets and Projects
click on:
http://home.mcilvainecompany.com/index.php/markets/28-energy/471-n049
For more information on
Scrubber/Adsorber/Biofilter World Markets, click on:
http://home.mcilvainecompany.com/index.php/services-drop-down
WORLD MUNICIPAL WASTEWATER PROJECT NEWS PROVIDED MONTHLY
May 2015
This monthly update is devoted to wastewater infrastructure news around the
world, outside of the United States and Canada, and is meant to complement
Scrubber/Adsorber/Biofilter World Markets
AFRICA
ASIA
EUROPE
MIDDLE EAST
For more information on
Scrubber/Adsorber/Biofilter World Markets, click on:
http://home.mcilvainecompany.com/index.php/services-drop-down.
INDUSTRIAL EMITTERS UPDATE HEADLINES
May 2015 – No. 1
AMERICAS
Cement
Mining
Other Industries
ASIA
Cement
Mining
Other Industries
EMEA
Cement
Mining
Pulp and Paper
For more information on Industrial Emitters
http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=93extsup1.asp
For more information on Scrubber/Adsorber/Biofilter
World Markets, click on:
http://home.mcilvainecompany.com/index.php/services-drop-down.
----------
You can register for our free McIlvaine Newsletters at:
http://home.mcilvainecompany.com/index.php?option=com_rsform&formId=5
Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com
www.mcilvainecompany.com