GDP UPDATE HEADLINES
April 2014

AMERICAS
• United States
• Canada
• Uruguay

ASIA
• China
• India
• Malaysia
• Singapore

EUROPE / AFRICA / MIDDLE EAST
• Ghana
• Organization for Economic Cooperation and Development (OECD)
• Qatar
• Russia
• Turkey
• United Kingdom

AMERICAS

Canada
Even in January Canada’s economy had a bit of spring in its step, suggesting the first quarter may not be as bad as feared.
Gross domestic product expanded 0.5% in the month, snapping back from December’s loss, when a major ice storm in Ontario exacted a steep toll on the economy. And the economy is expected to gain further traction in the months ahead as U.S. growth strengthens and boosts demand for Canadian exports.
“Underlying growth in the economy appears slightly better than expected.” according to BMO Capital Markets chief economist, Douglas Porter. Although a severe winter is widely expected to have weighed on growth in the first three months of 2014, slowing from the 2.9% annualized rate in the fourth quarter of 2013, some economists are revising their projections higher after January’s GDP data…(The remaining text is not included in this sample.)
ASIA
India
The Indian economy is expected to grow 5.5% in 2014-15 on the back of improved performance in industry and services and will inch up to 6% in 2015-16 as external demand improves due to the strength in advanced economies, the Asian Development Bank said recently. The 5.5% estimate is slightly lower than its previous forecast of 5.7% growth.
The government moves to open up some of the structural bottlenecks that have impeded industry and investment is also likely to have an impact on overall growth, the ADB said in its latest outlook. However, it cautioned that economic recovery would be a long haul.
"Economic recovery would have to be led by improved investment and consumption, but the prospects do not appear promising at this stage. Elevated inflation, a tight monetary stance, and a weak currency will continue to constrain spending. Further, fiscal austerity is likely to be an additional drag on growth," the ADB said. (The remaining text is not included in this sample.)
EUROPE / AFRICA / MIDDLE EAST
United Kingdom
The British Chambers of Commerce (BCC) announced in mid-March that it expected UK GDP to reach pre-2007 levels by this summer, a quarter earlier than originally expected. Furthermore, the outlook for 2015 has also been bumped up, with GDP increasing from an expected 2.4% to 2.5%, and is predicted to remain stable – holding onto this rate throughout 2016.
The immediate impact of this optimism will, of course, be the long-awaited rise in interest rates, which has been at a record low of 0.5% for the past five years. The BCC has predicted that the rates are likely to rise in Q3 2015, but will only be nudged up to 0.75%, and will step up incrementally by 0.25% each quarter until it reaches 1.5% in H2 2016. However, it would appear that the BCC's outlook is conservative, as the wider consensus around the base rate is that it will rise to 1% in Q3 2014, and then up to 2-2.5% in the following 12 months.
The question on many private equity practitioners' minds will be the impact of the rate rise on outstanding debt held by portfolio companies. According to Gary Edwards of Investec's growth and acquisition finance team, the levels of restructuring seen in 2013 (which accounted for more than 80% of debt transactions across Europe) are likely to continue throughout 2014 in anticipation of the increase: "Private equity will need to deal with debt structures before the [interest] rate increases." (The remaining text is not included in this sample.)
A complete analysis of GDP and Monthly Updates for individual countries is included as part of Cartridge Filters: World Market.
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Oil & Gas Sales Leads Headlines
April 14, 2014
(Listed by most current date.)
Oil and Gas Project Tracking is Available at a Discount to Cartridge Filters: World Market Subscribers
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 Cartridge Filters: World Market report subscribers.
CONSOL Energy to Supply European Cracker Facilities with Ethane from the Marcellus Shale (Article Dated: 4/14/2014)
American Chemistry Council Says U.S. Chemical Investment Tied to Shale Gas Tops $100 Bln (Article Dated: 4/14/2014)
Jordan Cove LNG Plant Exports Approved as U.S. Pressured to Respond to Ukraine Crisis (Article Dated: 4/10/2014)
Spain Could Help Europe Reduce Dependence on Russian Supplies, Lobby Group, Sedigas Says (Article Dated: 4/10/2014)
Wood Mackenzie Says Ukraine Gas Disruption to Tighten LNG Markets Further (Article Dated: 4/10/2014)
Ophir Energy Says Tanzania LNG Project Could Undergo Expansion after more Gas Discovery (Article Dated: 4/10/2014)
Dominion Cove Point LNG Export Project Gains Broad Support Locally and Beyond (Article Dated: 4/10/2014)
GE Unveils LNG In A BoxTM System as Gasfin Selects the New Technology for Europe’s Fueling Stations (Article Dated: 4/10/2014)
Cheniere and Endesa Sign 20-Year LNG Sale and Purchase Agreement (Article Dated: 4/10/2014)
BC Premier Clark Uncertain About Pipeline, LNG Projects (Article Dated: 4/9/2014)
Russia's Rosneft and U.S. Partner Exxon, On Track With LNG Plant (Article Dated: 4/9/2014)
Goldboro LNG Export Facility Receives Environmental Assessment Approval (Article Dated: 4/9/2014)
Jordan Cove Gets License to Export LNG to U.S. non-FTA Status Countries and Gives Commercial Update (Article Dated: 4/9/2014)
Australia's LNG Export Focus Impacting Future Investment and Employment (Article Dated: 4/9/2014)
FERC to Issue Environmental Assessment for Dominion Cove Point LNG Export Project (Article Dated: 4/8/2014)
CB&I Announces $625 Mln LNG Award from Bechtel for Australia Wheatstone Project (Article Dated: 4/8/2014)
Macquarie Infrastructure’s Gas Business Receives Hawaii Public Utilities LNG Shipments Approval (Article Dated: 4/8/2014)
Trunkline LNG Files FERC Application for Lake Charles LNG Export Project (Article Dated: 4/8/2014)
Applied Natural Gas Fuels Closes Land Purchase for Midlothian LNG Plant (Article Dated: 4/8/2014)
CB&I and Chiyoda Win $6 Bln EPC Award for Louisiana Cameron LNG Project (Article Dated: 4/8/2014)
Excelerate Files FERC Application for Lavaca Bay LNG Project (Article Dated: 4/7/2014)
Bumi Armada Joins with Keppel Shipyard and Japan’s IHI for Equatorial Guinea FLNG Project (Article Dated: 4/7/2014)
Algeria Expects 6 Bcm LNG Plant to Start Up This Year (Article Dated: 4/7/2014)
Foster Wheeler Awarded Contract for Kuwait LNG Import and Regasification Terminal (Article Dated: 4/7/2014)
Statoil, BG Group to Build Tanzania’s First LNG Plant (Article Dated: 4/7/2014)
LNG America Contracts Jensen to Design First LNG Bunker Barges for U.S. Gulf Coast (Article Dated: 4/7/2014)
Progress Energy Canada and Pacific NorthWest LNG Sign New Partner to BC LNG Export Project (Article Dated: 4/7/2014)
Singapore Plans to Build Second LNG Terminal in Quest to be LNG Hub (Article Dated: 4/4/2014)
GDF Suez Promoted Cameron LNG Project Gets Export Approval from U.S. DOE (Article Dated: 4/4/2014)
Wison Offshore & Marine Wins Second Floating LNG Contract (Article Dated: 4/4/2014)
Yokogawa Wins LNG Carrier Control System Order for Australia Ichthys LNG Project (Article Dated: 4/4/2014)
Gazprom and Shell Sign Memorandum-roadmap for Third Train of Sakhalin II Project (Article Dated: 4/4/2014)
Foster Wheeler Awarded Study for Statoil Snøhvit Improvement Project in Norway (Article Dated: 4/4/2014)
Totem Ocean Chooses Wärtsilä Technology for N America ‘s Largest LNG Ship Conversion (Article Dated: 4/4/2014)
Sempra Energy Subsidiary Receives U.S. DOE LNG Export License for LA Liquefaction Facility (Article Dated: 4/3/2014)
Foster Wheeler Awarded FEED Contracts by S-OIL for S. Korea Residue Upgrading Project (Article Dated: 4/2/2014)
Valero CEO Says Meraux FCC Refinery Unit May Shut Sometime in 2015 (Article Dated: 4/2/2014)
Jacobs Wins Contract for Utilities Requirements of Alberta Bitumen Refinery (Article Dated: 4/2/2014)
Fire Breaks Out at TonenGeneral Kawasaki Plant Hydrocracking Unit (Article Dated: 4/2/2014)
Metso to Supply Valve Solutions to Saudi Aramco's Petroleum Refining and Petrochem Complex (Article Dated: 4/2/2014)
Iraq Breaks Ground on Karbala Refinery (Article Dated: 4/2/2014)
KBR Awarded FEED Contract for Jebel Ali Refinery Upgrade (Article Dated: 4/2/2014)
Honeywell's UOP Technology, Modular Equipment to Help Pakistani Refiner Meet Demand (Article Dated: 4/2/2014)
Alfa Laval Wins SEK 55 Mln Heat Exchangers Order in Vietnam (Article Dated: 4/1/2014)
Egyptian Refining Co Advances Refinery Upgrade within Mostorod Petroleum Complex (Article Dated: 4/1/2014)
Kenya to Invest $74 Mln in Uganda Oil Refinery (Article Dated: 4/1/2014)
Senegal to Keep Ageing Refinery Running After Strategic Review (Article Dated: 4/1/2014)
Morocco Refiner Samir Gets $300 Mln Loan from Glencore Energy (Article Dated: 4/1/2014)
African Downstream Specialist Says No New African Refineries without Govt Clarity on Policy (Article Dated: 4/1/2014)
Angola LNG Compressor Leak Delays Loading Program (Article Dated: 4/1/2014)
PetroChina's New Refinery and Petrochem Complex to Start Commercial Runs in April (Article Dated: 3/31/2014)
BP Shuts Whiting Indiana Refinery FCC for Six Weeks Maintenance (Article Dated: 3/31/2014)
Bechtel's ThruPlus® Coking Technology Selected for Croatian Refinery (Article Dated: 3/31/2014)
Neste Oil Chooses Metso’s Automation & Valve Technology for its Porvoo Refinery (Article Dated: 3/31/2014)
Japan's TonenGeneral Considers Cutting Chiba Refinery Capacity to Improve Efficiency (Article Dated: 3/28/2014)
Greece's Hellenic Petroleum to Temporarily Shut Down Elefsina Flexicoker in March (Article Dated: 3/28/2014)
UK's Stanlow Refinery to Cut Capacity by a Third (Article Dated: 3/28/2014)
South Korea Confirms S-Oil to Invest $7.5 Bln in Refining, Petrochemical Units (Article Dated: 3/28/2014)
South Korea's S-Oil Corp Wins Tender for Oil Refining and Petchem Plant for $4.72 Bln (Article Dated: 3/28/2014)
China's Shandong Province Bans New Oil Refining Projects (Article Dated: 3/28/2014)
Fluor Selected for the Mina Abdullah Package 2 Clean Fuels Project in Kuwait (Article Dated: 3/27/2014)
CB&I Announces $370 Mln Kuwait Refinery Award for Its Clean Fuels Project (Article Dated: 3/27/2014)
UOP to Supply Hydrogen Purification System at Ruwais Refinery in UAE (Article Dated: 3/27/2014)
South Korea's Hyundai E&C Consortium Wins $6 Bln Iraq Karbala Refinery Order (Article Dated: 3/27/2014)
These sales leads are part of Oil, Gas, Shale and Refining Markets and Projects, and are issued bi-weekly. As a subscriber to Cartridge Filters: World Market 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
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WORLD MUNICIPAL WASTEWATER PROJECTS
MONTHLY UPDATE HEADLINES
March 2014
This monthly update is devoted to wastewater infrastructure news around the world, outside of the United States and Canada, and is meant to complement McIlvaine's Cartridge Filters: World Market report.
ASIA

• China: Study Says Re-used Wastewater Risks Exceed WHO Guidelines
• China: Hydro International Entering China as Part of Emerging Market Strategy
• China: Sound Global Awarded Contracts for Two Sewage Treatment Plants
• India: Central Gov’t Approves Funding Support for Nagpur’s Over-Budget STP Project
• India: Pune Asks for State Funding Support to Achieve Target of 100% Sewage Treatment
• Malaysia: Regional Sewage Treatment Plant Proposed for Alor Setar
• Nepal: Bagmati STP Tenders Project to Ensure 24-Hour Power Supply

EUROPE

• Italy: Xylem Mixers Cut Operating Costs at Lake Como WWTP by 65 Percent
• UK: Thames Water Pilots Smart Analytics with Accenture
• UK: Scottish Water Selects Black & Veatch JV for 7-Year, £340 Million Program
• UK: Scottish Water Selects Aquaerators to Improve Water Quality and Reduce Costs

MIDDLE EAST

• Bahrain: Muharraq Sewage Treatment Plant Opens, Bahrain’s Second
• Iran: Islamic Development Bank Approves €144 Million Loan for Wastewater Projects
• Jordan: National Wastewater Master Plan Launched
• Oman: Haya Water to Expand Beyond Muscat, Take Over National Wastewater Infrastructure
• Saudi Arabia: DSI Makes Moves to Participate in US$66 Billion Water Initiative
• Saudi Arabia: Saudi-Japanese JV to Open Membrane Manufacturing Plant in Dammam

NORTH AND SOUTH AMERICA

• Peru: Water and Wastewater System Planned for Juliaca
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NORTH AMERICAN MUNICIPAL WASTEWATER TREATMENT PLANTS UPDATE HEADLINES
March 2014

CALIFORNIA
• $30 Million for Dixon Wastewater Plant Upgrades
• Tulelake explores Wastewater Treatment
• Sonoma County Wastewater Treatment Plant needs Improvements

CONNECTICUT
• $8 Million for Newington WWTP Upgrade
• $25 Million for Derby Wastewater Plant Upgrade
• Southington Needs WWTP Upgrade
• $277 Million Approved for 6 WWTP Project

IDAHO
• Twin Falls to begin WWTP Expansion Project

MASSACHUSETTS
• Middleboro WWTP to undergo $26 Million Expansion

MISSISSIPPI
• Consent Decree filed in Mississippi Sewage Case

NEBRASKA
• Study to determine if York needs New WWTP

NEW MEXICO
• Grant Requesting Bids for WWTP Project

NEW YORK
• Waterloo WWTP Upgrade will cost $500,000 More

OHIO
• Shawnee rejects Bids for $14 Million Wastewater Project
• $16 Million for Oregon WWTP Expansion
• Willoughby-Eastlake WPCC Needs Improvements

PENNSYLVANIA
• Cranberry approves 2-Part Brush Creek Wastewater Project
• $32.7 Million for New Lock Haven WWTP
• Harrisburg Authority secures Financing for WWTP Upgrade

WASHINGTON
• Port Hadlock/Irondale Planning Wastewater System

CANADA
• Project to Control Odors at Okotoks WWTP
• $700 Million for Vancouver Wastewater Treatment Plant
• Charlottetown/Stratford consider Regional WWTP
RECENT CHEMICAL BID REPORTS
For more information on North America Municipal Wastewater Treatment Facilities and People click on:
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World Power Generation Projects
Revision Date: 4/1-11/2014
New power generation projects are tracked in two publications. Fossil and Nuclear Power Generation includes both market forecasts and project data. World Power Generation Projects has just the project data.

Bagamoyo possible power plant-BS Ltd or Kamal Steel 4/1/2014 Tanzania Unknown
Vinh Tan 4 power project-Vietnam Energy 12/1/2013 Vietnam 2018
Darlipali supercritical power plant-NTPC 3/1/2013 India 2018
Suez power plant (boiler)-East Delta Electricity Production Co. 1/1/2011 Egypt 2017
Hanhikivi 1 (Pyhajoki) --Fennovoima nuclear power project 5/1/2010 Finland 2024
Sihanoukville power project-Power Synergy Corp 6/1/2009 Cambodia 2014
Bushehr expansion
6/1/2009 Iran Unknown
Moatize minemouth power plant-Ncondezi Energy 6/1/2009 Mozambique Unknown
Bellary 3 (Yaramaras) supercritical expansion-Karnataka Power Corp. 9/1/2007 India 2014
Eemshaven-RWE plant 4/1/2006 Netherlands 2014
Bellary expansion-Karnataka Power Corp. Ltd. 9/1/2003 India 2012
Holcomb (Garden City)(Sand Sage)supercritical power plant-Sunflower Electric 11/1/2001 KS Unknown
Paradise Combined Cycle - TVA 4/3/2014 KY 2017
Kings Mountain Energy Center - NTE Energy 4/3/2014 NC 2018
Pecan Creek Energy Center - NTE Energy 4/3/2014 TX 2016
Montana Power Station - El Paso Electric 4/3/2014 TX 2015
Lonesome Creek 1,2,3 peaking power plant-Basin Electric 2/1/2014 ND 2015
Wildcat Point Generation facility-Old Dominion Electric Coop. 4/1/2013 MD 2017
Cherokee 4 conversion to natural gas-Xcel 9/1/2012 CO 2015
Paradise Combined Cycle - TVA 4/3/2014 KY 2017
Kings Mountain Energy Center - NTE Energy 4/3/2014 NC 2018
Pecan Creek Energy Center - NTE Energy 4/3/2014 TX 2016
Montana Power Station - El Paso Electric 4/3/2014 TX 2015
Lonesome Creek 1,2,3 peaking power plant-Basin Electric 2/1/2014 ND 2015
Wildcat Point Generation facility-Old Dominion Electric Coop. 4/1/2013 MD 2017
Cherokee 4 conversion to natural gas-Xcel 9/1/2012 CO 2015
Ocotillo Modernization - Arizona Public Service 4/8/2014 AZ 2018
George M Sullivan 2 combined cycle-Anchorage Municipal Light & Power 1/1/2014 AK 2016
Sawtooth combined cycle-SW Public Power Resources Group 9/1/2010 AZ 2015
Dale County combined cycle-Duke 1/1/2003 AL Cancelled
Autauga combined cycle-Duke 6/1/2002 AL Cancelled
Alexander City peaking and baseload-Duke Energy 2/2/2002 AL Cancelled
Tontitown combined cycle-Genova Arkansas I, LLC 11/1/2001 AR Cancelled
Welton-Mohawk combined cycle-Dome Valley Energy Partners 11/1/2001 AZ Cancelled
Bowie combined cycle-SouthWestern Power Group 11/1/2001 AZ 2015
Arlington Valley II combined cycle- LS Power 11/1/2001 AZ Cancelled
Keo combined cycle-GenPower 9/1/2001 AR Cancelled
Barton Shoals combined cycle-Energy Development Group 7/1/2001 AL Cancelled
Blount County combined cycle-Cogentrix 4/1/2001 AL Cancelled
Keo combined cycle-Tenaska 4/1/2001 AR Cancelled
Toltec combined cycle-Southwestern Power Group 12/1/2000 AZ Cancelled
Quinton combined cycle-GenPower Inc. 10/1/2000 AL Cancelled
Caithness Big Sandy II combined cycle unit 9/1/2000 AZ Cancelled
La Paz combined cycle-Allegheny Energy AZ Cancelled
Avenal combined cycle-Macquarie Group 11/1/2001 CA 2016
Carlsbad combined cycle-NRG 8/1/2007 CA 2017
Bullard peaker-Energy Investors Fund 8/1/2006 CA Cancelled
El Segundo II combined cycle-NRG 4/11/2014 CA 2018
Alamitos Energy Project - AES Corp. 4/11/2014 CA 2015
Air Products peaker 11/1/2001 CA Cancelled
Redhawk 4 combined cycle - Arizona Public Service AZ Cancelled
Redhawk 3 combined cycle - Arizona Public Service AZ Cancelled

For more information on World Power Generation Projects, click on: http://home.mcilvainecompany.com/index.php/databases/28-energy/486-40ai
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