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Environmental Catalyst Market to Exceed $7.9 Billion In 2015
·
GDP Update Headlines - July 2014
·
Oil & Gas Sales Leads Headlines - August 15, 2014
·
World Municipal Wastewater Monthly Projects Update Headlines - July 2014
Environmental Catalyst Market to Exceed $7.9 Billion In 2015
Sales of environmental catalysts will exceed $7.9 billion in 2015. This is
the conclusion reached by the McIlvaine Company by aggregating forecasts in two
separate reports which it publishes.
(www.mcilvainecompany.com)
Catalyst Revenues In 2015 For
Environmental Applications |
|
Segment |
$ Millions |
Stationary-Catalyst For VOCs and
Organic HAPS |
200 |
Stationary –NOx
Catalyst |
700 |
Mobile Catalyst |
7,000 |
Total |
7,900 |
Sales of mobile catalysts will far exceed those for stationary source
applications. Catalysts for VOC and organic hazardous air pollutants are
utilized in catalytic oxidizers in the chemical, oil and gas, remediation and
other industries. Stationary NOx catalysts are primarily used
in power plants. However, chemical plants, refineries and municipal waste
combustion facilities also utilize these catalysts to reduce NOx to N2.
Both light duty and heavy duty automobiles and trucks use catalysts for organics
and increasingly NOx reduction. The large increase in vehicle
use in Asia is a major factor in the relatively high growth rate for mobile
catalyst sales.
A negative factor is the increasing popularity of natural gas and even LNG for
vehicles. With large quantities of shale gas available in the U.S., there is an
economic justification for natural gas use in trucks and other large vehicles.
The massive program to convert coal to gas in China will make gas an attractive
mobile fuel.
The stationary NOx catalyst market is growing at 7 percent per year.
The main driver is the decision by Chinese power plants to incorporate selective
catalytic reduction on most coal-fired boilers.
Information on the VOCs and mobile catalyst is found in
N007 Thermal Catalytic World Air Pollution Markets.
The information on stationary NOx catalyst is found at
N035 NOx Control World Market.
GDP UPDATE HEADLINES
JULY 2014
TABLE OF CONTENTS
AMERICAS
ASIA
EUROPE / AFRICA / MIDDLE EAST
AMERICAS
United States
The latest data shows the U.S. economy contracted significantly more than
previously estimated in the first quarter of this year.
The Bureau of Economic Analysis released its third and final estimate of real
gross domestic product for the first three months of 2014. The release showed
output in the U.S. declining at an annual rate of 2.9%. This is relative to
fourth quarter 2013, when real GDP grew 2.6%.
The final number is also down from BEA’s negative 1% second estimate released
last month and even more sharply from its first estimate that showed GDP growing
0.1%. While this makes Q1 the economy’s worst since Q1 2009, the heart of the
recession, economists were anticipating the further downward revision.
“The bad weather in much of the U.S. in early 2014 was a significant drag on the
economy, disrupting production, construction, and shipments, and deterring home
and auto sales,” wrote PNC Senior Economist Gus Faucher in a note out prior to
the release. “But data show growth rebounding in the second quarter, with
improvements in home and auto sales and residential construction.”
The major stock indices slipped into the red as the opening bell approached but
quickly returned to positive territory. This seems to indicate that investors
were also writing off the contraction as temporary.
In an interview following the release Stephen Auth, Chief Investment Officer at
Federated Investors, called the revision “pretty incredible” but says that
underlying trends have shown improvement that has simply been “masked” by the
weather. He expects second quarter GDP growth to come in north of 4% and
continual market gains.
The revision, BEA explained in a release, was largely due to a smaller than
previously estimated increase in personal consumption and larger than previously
estimated decline in exports. The 2.9% decrease in real GDP reflected the
negative contribution from exports as well as declines in private inventory
investment, both residential and nonresidential, fixed investment and lower
local government spending. The rate was also negatively impacted by an increase
in imports but partially offset by an increase in federal government spending
(the first in a year and a half) and in personal consumption.
(The remaining text is not included in
this sample.)
ASIA
China
1) HSBC raised its 2014 GDP
forecast from 7.4% to 7.5%, surprised by the strong recovery especially in June.
Monthly fixed asset investment and industrial production grew by 17.9% and 9.2%
respectively, compared with 16.9% and 8.8% in May.
The strong recovery was largely driven by government policies. State-owned bank
lending picked up strongly; fiscal spending grew by almost 25% in both May and
June, up from an average of 8% from January through April. HSBC believes China’s
GDP growth could exceed its 7.5% forecast if more easing comes over the next few
months. “Policies, particularly fiscal policy, will likely be more supportive in
2H as it is traditionally the spending season,” wrote HSBC economists Qu Hongbin
and Julia Wang.
China’s property sector continues to be the main downside risk, says HSBC, but
“our baseline case remains that policymakers can offset the negative impact
given that they have a broad range of policy tools at their disposal.”
In June, property prices in 55 out of 70 cities surveyed fell, up from 35 cities
in May and just 8 in April. Local governments have been taking steps to prop up
real estate markets, using measures such as abolishing local resident purchase
requirements. (The remaining text is not
included in this sample.)
EUROPE / AFRICA / MIDDLE EAST
Germany
German gross domestic product stalled in the second quarter as geopolitical
concerns weighed on industrial output and construction weakened after a
weather-induced boom in the first three months of the year, the Bundesbank said.
The warning, contained in the central bank's monthly bulletin, is an indication
that the euro zone will struggle to improve on the first quarter's meager growth
rate.
Germany accounts for about 30% of the bloc's GDP. During the first quarter, euro
zone GDP expanded just 0.8% at an annualized rate, or 0.2% on a quarterly basis,
despite annualized growth of 3.3% in Germany. Excluding Europe's largest
economy, the euro zone economy will have contracted slightly in the first
quarter.
"Considering that the service sector is likely continued to expand, the real,
adjusted gross domestic product (in Germany) was likely unchanged from the first
quarter," the Bundesbank said. "Geopolitical tensions are reflected not only in
weaker future indicator surveys, but also in ebbing demand for interim goods."
(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 Thermal/Catalytic
World Air Pollution Markets
For more information on Thermal/Catalytic World
Air Pollution Markets, click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/105-n007.
OIL & GAS SALES LEADS HEADLINES
August 15, 2014
Treatment chemicals are an important addition to most oil and gas processes.
Access to details on worldwide oil and gas projects is provided at a substantial
discount to Thermal/Catalytic World Air Pollution
Markets subscribers.
(Listed by most current date.)
Saipem Awarded $750 Mln Engineering & Construction and Drilling Contracts
(Article Dated: 8/15/2014)
WorleyParsons Awarded $11.7 Bln EPCM Contract for TANAP Pipeline
(Article Dated: 8/15/2014)
GSA Wins EPCM Contract at Wingas Facility
(Article Dated: 8/15/2014)
Subsea 7 Awarded $460 Mln EPIC Contract in North Sea
( Dated: 8/15/2014)
Petrofac Awarded the $970 Mln Reggane North Development Project
(Article Dated: 8/15/2014)
Mexico Needs New Crude Markets as U.S Shale Boom Changes Outlook
(Article Dated: 8/15/2014)
Marathon Oil Announces $2.7 Bn Sale of Norway Business
(Article Dated: 8/15/2014)
UOP to Supply Gas Processing Plant for PennTex’s Louisiana NGL Recovery
(Article Dated: 8/14/2014)
Entergy to Power PennTex Natural Gas Facility in North Louisiana
(Article Dated: 8/14/2014)
Hess Corp, North Dakota Officials Celebrate Expansion of Tioga Gas Plant
(Article Dated: 8/13/2014)
JDR Cable Systems to Open New Service and Maintenance Facility in Brazil
(Article Dated: 8/13/2014)
Petrobras Turns to Chinese Shipyards to Offset Production Delays
(Article Dated: 8/13/2014)
Petrobras Starts Production at Presalt Lula Well Using New Riser Support System
(Article Dated: 8/13/2014)
Aker Wins Petrobras $300 Mln Deepsea Manifold Contract
(Article Dated: 8/13/2014)
Lucid Energy Begins Construction of Permian Basin 200 MMcf/day Cryogenic
Processing Plant (Article Dated:
8/13/2014)
Saipem Awarded $4 Bln in E&C Contracts in Brazil and Saudi Arabia
(Article Dated: 8/13/2014)
Aggreko Signs Contract to Power Egypt Gas Project
(Article Dated: 8/13/2014)
Petrobras Starts Production on Platform P-62 in the Campos Basin’s Roncador
Field (Article Dated: 8/13/2014)
Mexico’s CFE Begins Tender Process for Two Gas Pipeline Projects
(Article Dated: 8/12/2014)
Coal and Gas Valve Markets are Interdependent
(Article Dated: 8/12/2014)
Chinese Coal-to-Liquids and Gas Program Could Completely Change the World Energy
Markets (Article Dated: 8/12/2014)
Mexico's CFE to Invite Bids for Five Natural Gas Pipelines Requiring $2.25 Bln
investment (Article Dated:
8/12/2014)
Energy Transfer Partners to Build Pipes to Take Natural Gas to Mexican Power
Plants (Article Dated: 8/12/2014)
Petrobras Receives New Maintenance and Safety Units in Campos Basin
(Article Dated: 8/12/2014)
Brazil Energy Official Says Oil and Gas Market Welcomes Chinese Investment
(Article Dated: 8/12/2014)
Pemex Awards Multi-year Seismic Survey Contract to GX Technology
(Article Dated: 8/12/2014)
Mexico Calls On GE to Modernize Oil Production
(Article Dated: 8/11/2014)
Mexico's Subsurface Presents New E&P Opportunities
(Article Dated: 8/11/2014)
Amendment Opens Mexican Oil and Gas Fields to Foreign and Private Investment
(Article Dated: 8/11/2014)
AMEC Granted a Five-year Contract with Kuwait Oil Company
(Article Dated: 8/11/2014)
CSM Orders Two Jack-up Rigs from Chinese Offshore Rig Builder
(Article Dated: 8/11/2014)
Canada Set to Provide India with Tools for Shale Gas Exploration
(Article Dated: 8/11/2014)
Natural Gas-eating Bacteria may Help Fight Oil Leaks
(Article Dated: 8/11/2014)
OriginOil Announces CLEAN-FRAC for Complete Frack Water Treatment
(Article Dated: 8/11/2014)
After 4 Years, Major Cleanup on the Kalamazoo River Coming to a Close
(Article Dated: 8/8/2014)
Asset integrity Specialists add energy Awarded Shell Contracts
(Article Dated: 8/8/2014)
Linde Expert Discusses how Energized Solutions Increases Productivity/Reduce
Water Use in Hydraulic Fracturing
(Article Dated: 8/8/2014)
Valerus Awarded LPG Gas Processing Facility for Indonesia’s PT Maruta Bumi Prima
(MBP) (Article Dated: 8/8/2014)
Bitumen-only Trains Expand Reach of Oil Sands
(Article Dated: 8/8/2014)
Sunshine Sells Oilsands Assets to Raise $20 Mln
(Article Dated: 8/7/2014)
SK Innovation Accelerating Development of Non-conventional Natural Resources
(Article Dated: 8/7/2014)
Thai Energy Producer PTTEP Invests in Oilsands Tech Firm
(Article Dated: 8/7/2014)
Osum Buys Shell Alberta Oil Sands Project for $297 Mln
(Article Dated: 8/7/2014)
Energy Deals Rebound in 2014 as Shale Plays Surpass Oil Sands
(Article Dated: 8/7/2014)
Pipeline Dilemma Creates New Issues for Canada’s Oil Sands
(Article Dated: 8/6/2014)
CEO Jeff Immelt Says General Electric Wants to Clean Up Oil Sands
(Article Dated: 8/6/2014)
GE, Suncor $18 Mln in Technology Deals Could Help Reduce Oil Sands Emissions
(Article Dated: 8/6/2014)
TransCanada Receives Regulatory Approval for Northern Courier
(Article Dated: 8/6/2014)
Primrose Oil Sands Review Says CNRL Procedures Cause of Leak
(Article Dated: 8/6/2014)
Tar Sands Expansion Cools Down without Keystone XL
(Article Dated: 8/6/2014)
Cenovus Profit Triples as Oil Sands Production Increases
(Article Dated: 8/6/2014)
PetroChina to Seal Takeover of Athabasca Oil Sands Project by September
(Article Dated: 8/6/2014)
MasTec Expands Canadian Oil Sands Presence with Acquisition of Pacer
Construction (Article Dated:
8/5/2014)
Sinopec may Shelve Northern Lights Oil Sands Lease
(Article Dated: 8/5/2014)
GE Launches Global Ecomagination Innovation Challenge to Reduce Oil Sands GHG
Emissions (Article Dated: 8/5/2014)
Rising Demand and Low-cost Feed Spur Ethylene Capacity Growth
(Article Dated: 8/4/2014)
MHI Receives Order for Large-Scale Polyethylene Plant Project in TX from
ExxonMobil Chemical (Article Dated:
8/4/2014)
Chevron Phillips Chemical to Expand Alpha Olefins Capacity at Cedar Bayou Plant
(Article Dated: 8/1/2014)
Bechtel-Linde Consortium to Build Large-Scale Ethylene Plant at Baytown Complex
(Article Dated: 8/1/2014)
CB&I Wins Contract for Oman MTBE Unit
(Article Dated: 8/1/2014)
India Approves Refining Complex in Barmer
(Article Dated: 8/1/2014)
Angarsk Petrochemical Company Launches Euro 5 Fuel
(Article Dated: 8/1/2014)
Praxair Signs Long-term Supply Agreement and Builds Presence in China
Petrochemical Park (Article Dated:
8/1/2014)
CB&I Wins Contract for Oman MTBE Unit
(Article Dated: 8/1/2014)
Petrochemical Expansion to Drive Growth of Reliance for Next Few Years
(Article Dated: 7/31/2014)
Iran to Allocate $2 Bln to Petchem Projects
(Article Dated: 7/31/2014)
China Broadens Energy Options with Efficiency Drive
(Article Dated: 7/31/2014)
Tesoro Plans to Boost Xylene Recovery at U.S. West Coast
(Article Dated: 7/31/2014)
Egypt’s Petroleum Ministry Proposes Petrochemical Projects worth $540 Mln to UAE
(Article Dated: 7/31/2014)
Petrochemical Facility to Open in Iran’s Mazandaran Province
(Article Dated: 7/31/2014)
CB&I Announces $50 Mln Award in Oman for Heaters and Steam Reformer
(Article Dated: 7/31/2014)Sadara Lets Contract for Jubail Petrochemical
Complex to Rolta India (Article
Dated: 7/31/2014)
Ineos Secures Loan Guarantee for Grangemouth Upgrade
(Article Dated: 7/30/2014)
U.S. Specialty Chemicals Leader Renews Plant Services Contract with CB&I
(Article Dated: 7/30/2014)
Construction of China MDI Plant Breaks Ground
(Article Dated: 7/30/2014)
Argus says U.S. to Become Net Propylene Exporter by 2017
(Article Dated: 7/30/2014)
Saudi's Ma'aden Signs $5 Bln Financing for Phosphate Scheme
(Article Dated: 7/30/2014)
Chinese Firm,Shandong Yuhuang Chemical Makes $1.85 Bln Capital Investment in
Louisiana Methanol Plant (Article
Dated: 7/30/2014)
Asian Petrochemicals (Article
Dated: 7/30/2014)
Ineos Buys Out BASF for Full Control of Styrolution JV
(Article Dated: 7/30/2014)
Japan's Showa Denko Halts Naphtha Cracker after Compressor Problem
(Article Dated: 7/29/2014)
German Chemical Industry Confirms Outlook for Growth
(Article Dated: 7/29/2014)
Mexichem to Operate $650 Mln Cogeneration Plant for Pemex
(Article Dated: 7/29/2014)
Plastics Producer SABIC Agrees to Reduce Harmful Air Pollution
(Article Dated: 7/29/2014)
SABIC, SK Global Chemical Enter $595 Mln JV to Manufacture High-performance
Polyethylene Products (Article
Dated: 7/29/2014)
INEOS Innovene™ S Process Selected for New Petrochemical Complex in Turkmenistan
(Article Dated: 7/28/2014)
Univar Breaks Ground on New Oil and Gas Facility in Elmendorf, TX
(Article Dated: 7/28/2014)
UOP Technology Selected for Propylene in Southeast Asia
(Article Dated: 7/28/2014)
Ineos-Sasol JV Decides to Build Texas HDPE Plant
(Article Dated: 7/28/2014)
Koch Industries Rides U.S. Shale Boom with $2.1 Bln PetroLogistics Buy
(Article Dated: 7/28/2014)
Dow Chemical Sees Competitive Disadvantage for European Rivals Due to Shale Gas
Extraction (Article Dated:
7/28/2014)
Turkmenistan to Invest $10 Bln in Kiyanly Petrochemicals Project
(Article Dated: 7/28/2014)
BASF and Yara to Build Ammonia Plant in Freeport, TX
(Article Dated: 7/25/2014)
RDIF to Invest $700 Mn in Ust-Luga Terminal
(Article Dated: 7/25/2014)
Persian Gulf Petrochem Company Offers to Build NGL Plants
(Article Dated: 7/25/2014)
SABIC and Korea’s SK Global Sign $595 Mln JV Agreement
(Article Dated: 7/25/2014)
Jacobs Wins Engineering Package from Borealis on Belgium Chemical Sites
(Article Dated: 7/25/2014)
SABIC Plans Crude-to-chemicals Facility in Saudi Arabia
(Article Dated: 7/24/2014)
Bechtel Completes Installation of Modules for LNG Train at Curtis Island GLNG
Facility (Article Dated: 7/21/2014)
China Huaneng's Changji SNG Plant One of Many More Approvals in 2013
(Project Dated: 7/18/2014)
These sales leads are part of Oil, Gas, Shale and Refining Markets and
Projects and are issued bi-weekly. As a subscriber to
Thermal/Catalytic World Air Pollution 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 Thermal/Catalytic World
Air Pollution Markets, click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/105-n007.
World Municipal Wastewater Monthly Projects
Update Headlines
July 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 Thermal/Catalytic World Air Pollution
Markets.
ASIA
EUROPE
MIDDLE EAST
NORTH AND SOUTH AMERICA
For more information on Thermal/Catalytic World
Air Pollution Markets, click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/105-n007.
----------
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Bob McIlvaine
President
847 784 0012 ext 112
rmcilvaine@mcilvainecompany.com