Providing the Interface between End Users and Suppliers
The McIlvaine Company has a number of initiatives to create high level
discussions among end users and suppliers. The purpose is to enhance the
decision making process. McIlvaine participated in a global sourcing panel
discussion at the Industrial Valve Summit in Italy last month. The major oil
companies and consultants all referenced the loss of experienced personnel and
the need to rectify this continuing loss of knowledge.
The panelists included some of the most knowledgeable valve experts who make or
influence decisions on many projects around the globe.
0.00 Round Table: Global sourcing in the changing energy industry
Room: Caravaggio
Keynote:
Robert McIlvaine,
CEO, McIlvaine Company
Panelist
Bader M. Al-Jarallah,
Valve Engineering Specialist, Saudi Aramco
Ray Bojarczuk,
Senior Engineering Advisor, Exxon Mobil Corporation
Are Halvorsen,
Managing Director, Nordic Valve Services AS
Ron Merrick,
Director of Piping Material Engineering, Fluor Enterprises
Jean-Michel Rivereau,
Head of the Piping, Valves and Vessels Department, Technology Division, Total
E&P
Yusuke Sakurai,
Managing Director, Jgc Italy
Chaired by
Maurizio Brancaleoni,
Valve Campus
This live discussion in Italy was followed two weeks later by a recorded webinar
on power plant valves with various problems resulting from fast cycling of gas
turbine HRSGS and the next week with a discussion of the whole wet limestone FGD
system options. Three valve suppliers debated butterfly vs. knife gate valves
for slurry control.
McIlvaine webinars in the past have been two thirds presentations and one third
discussions. However beginning two months ago the webinars are 80% discussion
and only 20% presentations. The visual background each discussion is a decision
guide with as many as 90 power point displays. As the discussion progresses the
relevant information is displayed. The schedule of upcoming hot topic is
available at: Click here to view schedule and register
GDP UPDATE
June 2015
TABLE OF CONTENTS
AMERICAS
• United States
o Second Estimate of GDP for the First Quarter of 2015: FIVE KEY POINTS IN
TODAY’S REPORT FROM THE BUREAU OF ECONOMIC ANALYSIS
• Brazil
• Colombia
ASIA
• India
• Japan
EUROPE / AFRICA / MIDDLE EAST
• Kyrgyzstan
• Turkey
• Romania
• Switzerland
• United Kingdom
AMERICAS
United States
Second Estimate of GDP for the First Quarter of 2015: FIVE KEY POINTS IN TODAY’S
REPORT FROM THE BUREAU OF ECONOMIC ANALYSIS
1. Real gross domestic product (GDP) fell 0.7% at an annual rate in the first
quarter of 2015, according to the second estimate from the Bureau of Economic
Analysis. The decline follows an increase of 3.6% at an annual rate during the
second half of 2014. First-quarter growth was likely affected by a number of
factors including especially harsh winter weather in the first quarter (see
point 3) and a spike in personal saving (see point 4). A decline in the trade
balance was another major contributor, partially reflecting the continued drag
on U.S. exports from the slowdown in foreign growth. Indeed, net exports
subtracted nearly 2 full percentage points from quarterly GDP growth. Structures
investment subtracted about 0.7 percentage point from GDP, likely reflecting
reduced oil mining in the wake of last year’s decline in oil prices.
Real private domestic final purchases (PDFP) — the sum of consumption and fixed
investment — rose 1.2% at an annual rate in the first quarter, a faster pace
than overall GDP. Real PDFP growth is generally a more stable and
forward-looking indicator than real GDP, as it excludes volatile components like
inventories, net exports, and government spending. PDFP is a better predictor of
next-quarter GDP than GDP itself. The year-over-year growth rate of PDFP rose
this quarter to 3.4%.
2. The entire downward revision to first-quarter GDP can be accounted for by
downward revisions to two especially volatile components of economic output:
inventory investment and net exports. Inventories and net exports subtracted a
combined 1.1 percentage points from annualized GDP growth relative to the Bureau
of Economic Analysis’ first estimate. At the same time, business investment
added 0.2 percentage point more than originally estimated. Other small revisions
to the contributions of personal consumption expenditures and residential
investment offset one another.
3. Over the past decade, first-quarter GDP growth has averaged a considerably
slower pace than the other three quarters. Economists have debated whether this
gap reflects a problem with the algorithms used to seasonally adjust GDP data
(“residual seasonality”), especially harsh winter weather in recent years, or
noise. The seasonal adjustment process should remove the growth effects of
“normal” winter weather, but particularly harsh winters will still reduce
seasonally adjusted output. And weather in the first quarter was especially
harsh: Q1 was only the fourth quarter in 60 years on record with three or more
snowstorms sufficiently severe to be rated by the National Climatic Data
Center’s Northeast Snowfall Impact Scale (NESIS). The historical relationship
between weather and first-quarter growth suggests that weather may have reduced
annualized growth by about a full percentage point this quarter, and by about
0.6 percentage point on average over the past decade. That effect accounts for
much, but not all, of first-quarter underperformance since 2005. (The remaining
text is not included in this sample.)
ASIA
India
India, with an expected growth rate of 7.5% this year, is set to surpass China
and for the first time is leading the World Bank's growth chart of major
economies.
China is projected to grow at 7.1% this year.
Developing countries are now projected to grow by 4.4% this year, with a likely
rise to 5.2% in 2016, and 5.4% in 2017, the report said.
In China, the carefully managed slowdown continues, with growth likely to
moderate to a still robust 7.1% this year. (The remaining text is not included
in this sample.)
EUROPE / AFRICA / MIDDLE EAST
Kyrgyzstan
Kyrgyzstan's economy has demonstrated steady growth in January to May, 2015.
The GDP amounted to 140 billion soms (approximately $2.36 billion) in the first
five months of this year, which is up by 6.9% compared to last year.
Inflation ratio rose by 1.2% in the country, according to the head of the
statistical information in National Statistical Committee, Chinar Turdubaeva.
The increase in GDP was ensured through the development of service, industry and
agriculture sectors.
The service sector had the largest contribution to the GDP, holding over 51% of
overall figure. The industry and agriculture sectors held 20 and 9%
respectively, while the building sector amounted to 6 percent.
Turdubaeva noted that the industrial production increased by 21.5% to 76 billion
soms ($1.29 billion) in this period. (The remaining text is not included in this
sample.)
For more information on: RO, UF, MF World Markets click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/120-n020
CHEMICAL INDUSTRY UPDATE HEADLINES
APRIL 2015
AMERICAS
• BASF Continues to Evaluate Natural Gas-Based Investment on U.S. Gulf Coast
• Prayon to Build Food Grade Sodium Hexametaphosphate (SHMP) Plant in Georgia
• Yara and BASF to Build Ammonia Plant in Freeport, Texas
• Praxair Gulf Coast Expansion to Serve Freeport, Texas, and Supply New Yara/
BASF Ammonia Project
• GEO Opens New Polyaluminum Chloride Facility in Texas
• Solvay to Expand Peroxides Production to Serve Growing North American Markets
• EaglePicher Breaks Ground on Lithium Ion Center of Excellence
• Airgas to Build New Air Separation Unit (ASU) in Tuscaloosa, AL
• Linde starts up new air separation unit in Texas
• LyondellBasell to Expand Production Capacity of Tri-ethylene Glycol in Texas
Plant
ASIA
• Chiye Organic Silicon Material (Shanghai) Invests US1.6 Million on Production
Plant
• Shin-Etsu to Expand Silicone Production in Thailand; Plans US Technical Center
• Technip Awarded Contract for Qingdao 500 KTA Ethylbenzene Styrene Monomer
Plant
• AkzoNobel Performance Coatings Adds Capacity in Indonesia
• Fluor Awarded Engineering Contract for New Chinese Polysilicon Plant
EUEA
• Kuraray Boosts Production Capacity for Ethylene Vinyl Alcohol in Belgium
• Styrolution Opens SBC Pilot Plant
• PPG Plans Capacity Expansion for Precipitated Silica at Netherlands Site
• Solvay Building Hydrogen Peroxide Grade Production Plant in Netherlands
• Schulman to Establish Masterbatch Production Plant in Turkey
• Technip Awarded Substantial Contract for New Fertilizer Unit in Slovak
Republic
• Air Liquide to Build, Own and Operate World’s Largest Oxygen Production Unit
for Sasol in South Africa
• Grupa Azoty Announces Historical $450m Investment in New PDH Plant in Poland
MERGERS/ ACQUISITIONS
• Solvay to Acquire Alkoxylation Plant in the Netherlands
• Schulman to Acquire Citadel
• Germany's Evonik to Acquire Monarch Catalyst
• Polypore Sells Energy Storage Segment for $2.2B to Asahi Kasei, Separations
Media Segment to 3M for $1B
For more information on: RO, UF, MF World Markets click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/120-n020
OIL & GAS SALES LEADS HEADLINES
Oil and Gas Project Tracking is available at a discount to RO, UF, MF World
Markets subscribers.
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 RO, UF, MF World Markets subscribers.
(Listed by most current date)
Borealis and Agrifos Announce Major Milestone for U.S. Ammonia Production
Project
Revision Date: 6/18/2015
________________________________________
Mexichem Plans $800 Mln Investments in 2015, New Factories
Revision Date: 6/18/2015
________________________________________
Constructing a Facility Siting Plan and the Critical Safety Components
Revision Date: 6/18/2015
________________________________________
Shell Acquires Land for Proposed Appalachia Ethane Cracker
Revision Date: 6/18/2015
________________________________________
Staffing the 'Plastics Manufacturing Renaissance'
Revision Date: 6/18/2015
________________________________________
Egypt Signs $300 Mln Deal with UOP to Produce High-Octane Benzene
Revision Date: 6/18/2015
________________________________________
Chevron Phillips Chemical Considers New Mega-project in U.S. Petrochemicals
Revision Date: 6/17/2015
________________________________________
Asahi Kasei Opens New Production Lines for Duranol and Duranate at Chinese Plant
Revision Date: 6/17/2015
________________________________________
Manali Petrochemicals to Invest in Three Fold Expansion of Polyols Capacity
Revision Date: 6/17/2015
Tags: 325110 - Petrochemical Manufacturing 石化产品生产, Manali PetroChemicals,
Approval, Expansion, Manufacture, Investment, India
________________________________________
BASF Petronas Chemicals Breaks Ground on 2-EHAcid Plant in Malaysia
Revision Date: 6/17/2015
________________________________________
UOP's Tatoray™ Process Technology Producing Petrochemicals
Revision Date: 6/17/2015
________________________________________
Ineos Plans Ethylene Oxide Units Turnarounds in Belgium and Germany
Revision Date: 6/17/2015
________________________________________
Saudi Aramco-Dow JV Sadara Awards Jacobs EPCM Contract
Revision Date: 6/16/2015
________________________________________
Total Petrochemicals Chooses Port Arthur as Site for New Ethane Cracker
Revision Date: 6/16/2015
________________________________________
Pemex, Blackstone to Develop Water and Wastewater Infrastructure
Revision Date: 6/16/2015
________________________________________
Celanese Selects Jacobs for Singapore VAE Plant Contract
Revision Date: 6/15/2015
________________________________________
Azerbaijan Seeks Investors for Petrochemical Plant
Revision Date: 6/15/2015
________________________________________
Shell Moves towards Final Beaver County, PA Cracker Decision
Revision Date: 6/15/2015
________________________________________
Malaysia's Petronas Chemicals Says Sabah Urea Plant to Start up Early 2016
Revision Date: 6/15/2015
________________________________________
KBR Awarded Licensing & Design Services Contract for Ammonia Plants
Revision Date: 6/15/2015
Mideast, U.S. Hold Competitive Positions for Ethane Cracking
Revision Date: 6/12/2015
________________________________________
UAE's Borouge Says Third Phase Expansion to Reach Full Capacity by 2016
Revision Date: 6/12/2015
________________________________________
China Sets Higher Standards for New Petrochemical Projects
Revision Date: 6/11/2015
________________________________________
Mitsubishi and Subsidiaries to Construct Methanol & Dimethyl Ether Plant in
Trinidad & Tobago
Revision Date: 6/11/2015
________________________________________
Honeywell Opens New China Manufacturing Site for State-of-the-art Catalysts
Revision Date: 6/11/2015
________________________________________
Lamprell Awarded New Jackup Contract from NDC
Revision Date: 6/11/2015
________________________________________
CB&I Awarded Contracts for Shintech Ethane Cracker Project
Revision Date: 6/11/2015
________________________________________
Fluor Execs, Dignitaries Mark France Carbon Fiber Plant Project
Revision Date: 6/11/2015
________________________________________
Egypt's Carbon Holding Considers $4 Bln Loan for Petchem Project
Revision Date: 6/11/2015
________________________________________
China to Grant License for Imported Oil to Non-major Refinery
Revision Date: 6/11/2015
________________________________________
SOCAR & Maire Tecnimont Sign EUR 350 Mln EPC Contract
Revision Date: 6/10/2015
________________________________________
Thai PTT Global Shuts Olefins Plant for Maintenance
Revision Date: 6/10/2015
________________________________________
Developer Says Ohio Ethane Cracker Still Economically Viable
Revision Date: 6/10/2015
________________________________________
Saudi's Yansab to Shut Petchem Plants for Maintenance
Revision Date: 6/10/2015
________________________________________
Alibaba Group Helps Sinopec with Cloud Computing, Big Data
Revision Date: 6/10/2015
________________________________________
Saudi's SABIC Signs Deal to Use U.S. Shale Gas at British Plant
Revision Date: 6/10/2015
________________________________________
Japan's Maruzen Runs Naphtha Crackers at Full Capacity
Revision Date: 6/9/2015
________________________________________
PTT, Marubeni Select SE Ohio Site for Possible Ethane Cracker
Revision Date: 6/9/2015
________________________________________
Odebrecht and Braskem to Re-evaluate Proposed Cracker Plant in West Virginia
Brazilian petrochemical company Odebrecht and plastics maker Braskem say they
will re-evaluate an ethane cracker they proposed to build in West Virginia.
Revision Date: 6/9/2015
________________________________________
Saudi's Sipchem Has Finished Testing New Plastics Plant
Revision Date: 6/9/2015
________________________________________
Celanese, Mitsui May Build Methanol Plant at South Texas Facility
Revision Date: 6/9/2015
________________________________________
Adidas to Use Marine Plastic Waste in Products from 2016
Revision Date: 6/9/2015
________________________________________
Saudi Sipchem Says Plant Shutdown Cost $4.8 Mln
Revision Date: 6/9/2015
________________________________________
US Petrochemical Construction Boom and Refining Margins Cushion Profits
Revision Date: 6/8/2015
________________________________________
Bolivia Expands Petrochemical Capability with Bulo Bulo Ammonia Complex
Revision Date: 6/8/2015
________________________________________
Market Sources Say European Benzene Market Divided Amid Cracker Outages
Revision Date: 6/5/2015
________________________________________
YASREF Chooses Intergraph® Solutions for Refinery Project in Saudi Arabia
Revision Date: 6/4/2015
KBR Wins Project Management Consultancy Contract for Participation in Russian
Refinery Revamp Program
Revision Date: 6/4/2015
________________________________________
YASREF Chooses Intergraph® Solutions for Refinery Project in Saudi Arabia
Revision Date: 6/4/2015
________________________________________
Chevron Completes Flare System Revamp at Cape Town Refinery
Revision Date: 6/3/2015
________________________________________
Russia's Refinery Runs Down 1.2 Pct in April Month-to-month
Revision Date: 6/3/2015
________________________________________
Chevron Seeks to Share $1 Bln South Africa Refinery Cost
Revision Date: 6/3/2015
________________________________________
Jakarta Says Oman to Build Refinery, Petchem Plant in Indonesia
Revision Date: 6/3/2015
________________________________________
Brazil Auditor Blocks Tender for Petrobras-refinery Pipeline
Revision Date: 6/3/2015
________________________________________
PBF Energy Says Toledo FCC to Be Down 2-3 Weeks
Revision Date: 6/3/2015
________________________________________
Innovative Project Execution Solutions Improve Collaboration on Malaysian Mega
Project
Revision Date: 6/3/2015
________________________________________
NRL Secures $242 Mln Financing for Projects Upgrade
Revision Date: 6/3/2015
________________________________________
Pemex to Develop $950 Mln Refinery Power Plant with Enel, Abengoa
Revision Date: 6/2/2015
________________________________________
Air Products JV Gets $2 Bln Contract for World's Biggest Industrial Gas Plant
Revision Date: 6/2/2015
________________________________________
Galfar Engineering and Contracting Awarded Duqm Refinery Site Preparation Work
Revision Date: 6/2/2015
________________________________________
Technology from Honeywell's UOP to Run Largest Refinery in Africa
Revision Date: 6/2/2015
________________________________________
India's Numaligarh Refinery Extinguishes Fire in Hydrocracker Unit
Revision Date: 6/2/2015
________________________________________
Chevron Completes $83 Mln Maintenance at South African Oil Refinery
Revision Date: 6/2/2015
________________________________________
Dakota Prairie Refinery Commences Startup Operations
Revision Date: 6/2/2015
________________________________________
American Fuel & Petrochemical Manufacturers Analysis Highlights Refineries'
Reduced Emissions
Revision Date: 6/1/2015
________________________________________
EIA Chief Says No Hurry Needed for Lifting Crude Export Ban
Revision Date: 6/1/2015
________________________________________
GM of China's Largest Oil Refiner Sinopec under Investigation
Revision Date: 6/1/2015
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: RO, UF, MF World Markets click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/120-n020
World Municipal Wastewater Project News Provided Monthly
June 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
McIlvaine's RO, UF, MF World Markets Updates.
AFRICA
Egypt: Metito Awarded US$8.5 Million in Water Contracts for 4 Resort Areas
ASIA
China: Sound Global Awarded US$58 Million Jinshan Phase II Project
India: Developer Plans to Build 100 New “Smart” Cities across India by 2030
India: Delhi Jal Board Approves Plan for 31 New Sewage Treatment Plants
India: Delhi Jal Board Begins Generating Power from Biogas at Third WWTP
India: Bangalore Airport Implements Integrated Water Management Plan
Bangalore Approves Plans for 6 New WWTPs at a Cost of US$250 Million
CIS
Kazakhstan: EBRD Lends €10 Million to Improve Water and Wastewater Services in
Shymkent
Kyrgyzstan: EBRD Lends €1.5 Million to Improve Water and Wastewater Services in
Batken
Ukraine: Japan Approves US$573 Million Loan for Kiev WWTP Modernization
For more information on: RO, UF, MF World Markets click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/120-n020
INDUSTRIAL EMITTERS UPDATE HEADLINES
May, 2015 – No. 2
AMERICAS
Chemicals
• Chevron Phillips Chemical Breaks Ground on Polyethlene Plant In Bartlesville,
OK
• Croda Breaks Ground On First Ever Facility to Produce Sustainable Non-Ionic
Surfactants
Food
• Seaboard Foods, Triumph Foods to Jointly Build $264m Pork Processing Facility
in Iowa
• Fitlife Foods to Open Food Production Center in Plant City, Florida
• Wayne Farms to Create 500 Jobs in Alabama with Processing Plant Expansion
• MG Foods' $2.55m Investment to Create 120 Jobs in Texas
• Sopakco Expands Operations in South Carolina with New Fitment Pouch Line
• Kelly Turkeys USA to Build New Poultry Production Facility in Virginia
• Kellogg to Expand Cereal Production Plant in Canada
• General Mills to Invest $253m to Expand Operations in Tennessee
• Grupo LALA Inaugurates Phase I of $50m Dairy Plant in Nicaragua
Pulp and Paper
• Cascades to Invest $26 million in Biorefinery Project at its Norampac Cabano,
QC Plant
• Irving Pulp & Paper Invests over $640,000 in Saint John, NB Pulp Mill
Modernization
Biomass
• Construction to Begin on Biomass-to-Fuels Facility in Oregon
Other Industries
• ClearSign Field Test at Aera Validates Savings in Operating Costs for OTSG
• Honeywell Helps Rock Island, IL Arsenal Boost Sustainability and Reduce
Emissions
• Nonwovens Producer Avgol Expanding NC Facility
ASIA
Chemical
• Evonik Opens Expanded Oil-Additives Plant in Singapore
• Jacobs Awarded EPCM Contract by Huntsman for Singapore Polyetheramine
Expansion
Food
• Kinh Do, Saigon Ve Wong to Build $30m Instant Noodle Plant in Vietnam
• Cargill to Commission Corn Milling Plant in India
• ITC to Set Up Four Food Parks in Tamil Nadu, India
• Fonterra Increases Mozzarella Production with New Clandeboye, New Zealand
Plant
• ADM to Set Up Feed Plants in China and Minnesota
• Kawan Food to Commission New Factory in Malaysia
Other Industries
• Asahi Kasei to build new spinning plant for Planova BioEX Filters
EMEA
Food
• GrowUp Urban Farms gets nod to begin construction on aquaponic farm in UK
• Mamee TGU to Build Instant Noodles and Snack Foods Factory in Saudi Arabia
• Al Safi Danone Iraq to Receive Investment from IFC to Expand Dairy Operations
• French Kiss Boosts Confectionery Production with New Moscow Facility
• Vasari Global Opens Phase I of $150m Food Facility in Ethiopia
Pulp and Paper
• BillerudKorsnäs Upgrades its 260,000-tonne/yr SC Fluting PM at Gruvön, Sweden
• Mondi to Raise Pulp, Kraftliner Production at Swiecie mill in Poland
• Russia’s Sveza Set to Start Construction of 1.2 Million-Tonne/Yr Kraft Pulp
Mill in 2017
Biomass
• B&W Vølund Awarded Contracts for More than $220 Million to Design, Manufacture
and Operate UK Biomass Power Plant
Other Industries
• Novo Nordisk Builds New Plant for Hemophilia Treatments
• Nippon Shokubai Plans Belgium Investment for Superabsorbent Polymer
For more information on Industrial Emitters http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=93extsup1.asp
WORLD POWER GENERATION PROJECTS HEADLINES
This includes only projects where there was an update during the month. There
are thousands of projects in the database.
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.
Fuel: Liquefied Natural Gas
Startup Date Location Fuel Comment Project Title
2018 Japan Tohoku power plant
2017 Taiwan Tunghsiao 1-5 CCGT Retrofit - Taiwan Power Co
2004 Japan Wakayama City Thermal Kansai Electric Power Co.
2001 Taiwan Hsinchu Science-based Industrial Park power plant
1994 Taiwan Talin 6-Taiwan Power
1991 Japan Goi Thermal-Tokyo Electric Power
For more information on World Power Generation Projects, click on:
http://home.mcilvainecompany.com/index.php/databases/28-energy/486-40ai
You can register for our free McIlvaine Newsletters at:
http://www.mcilvainecompany.com/brochures/Free_Newsletter_Registration_Form.htm.
Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com
www.mcilvainecompany.com