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| Latest News |
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China: power projects in Kenli County
China Resources Wind Power Development Co. Ltd, the new-energy investment vehicle of China Resources Power Holdings Ltd, signed a project development agreement with the government of Kenli County at the Yellow River Delta Economic & Trade Expo, held on 27 June 2010. According to the agreement, China Resources Power will invest USD 1.47 billion for the development of a 350MW wind power project and a 600MW cogeneration project in Kenli County. Kenli is a county located in the Yellow River Delta, an area comprised of 19 counties (districts) in six cities: Dongying, Binzhou, Weifang, Dezhou, Zibo and Yantai, which have a total population of about 9.85 million people. |
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Panama hydropower plants
Hidro Piedra SA and Panam Development Corp. will invest USD 46 million to build two hydropower plants to add electricity to the national grid. The Rio Piedra project is located on the Rio Piedras, near the city of Portobelo. The facility will have an installed capacity of 8.5MW and will consist of two 4.25MW Pelton hydroturbines. At the moment, the site is being prepared and roads are being built. Construction of the facility is expected to begin in December 2010 and last about 24 months. The estimated investment for this project is USD 30 million. The Ojo de Agua project is located by the Grande river in La Pintada city. The plant will be equipped with two 3.25MW Francis hydraulic turbines, providing a total output of 6.5MW. Construction is expected to begin at the beginning of 2011, with plant start-up scheduled for early 2013. The total cost of this project is about USD 16 million. |
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SIPOS spotlights service
SIPOS Aktorik has put together a brochure designed specifically for the organisation’s actuator service capabilities. Key facets of the actuator supplier’s service capabilities include system installation, commissioning, inspection & overhaul and maintenance. The leaflet format publication summarises SIPOS’ service competencies and expertise which includes product/maintenance training and supervision. The company highlights the fact that product adaptability ensures ease of product modification and retrofitting. |
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BP stems Gulf oil disaster
On 12 July BP placed a new cap over the ruptured oil pipe in the Gulf of Mexico, hoping to stem the catastrophic flow of toxic crude once and for all. Almost 13 weeks after America's worst environmental disaster began with a deadly explosion on the Deepwater Horizon rig, the end is finally in sight as engineers lower a device called the "Top Hat 10" from a surface ship. As of 2000 GMT, the giant valve system was 40ft away from the pipe with BP officials saying it should be latched on by the end of 12 July, allowing vital tests on the integrity of the well to begin. "The best-case scenario: the pressures rise to the point we anticipate they would," BP chief operating officer Doug Suttles told journalists. "We'd likely be able to keep the well shut in." If the pressure reading is too low, it would indicate a leak somewhere in the casing of the well, which extends 13,000ft below the sea floor. The valves would then have to be reopened and containment operations would have to resume as crude could be forced up to the surface outside the casing of the well, spawning a whole new kind of disaster. Mr Suttles said the integrity test could take anywhere between six and 48 hours, meaning the government and BP will likely decide whether the valves can stay shut, and the well is sealed, by 15 July at the latest. |
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Rotork actuators for water supply
Rotork IQPro intelligent electric valve actuators have been specified for a drinking water supply upgrade project for the benefit of two million consumers in the Harz Region of northern Germany. Rotork IQ isolating and IQM modulating actuators are being installed for the control of reservoir and dam valves at Ecker and Ederdam in a project undertaken by Harzwasserwerke. The IQM actuators are operating specialised needle valves of German manufacture demanding highly accurate positioning and IP68 watertight and temporarily submersible environmental protection for long-term reliability. |
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AUMA ToolSuite
AUMA has introduced an “AUMA ToolSuite” variant for industrial Personal Digital Assistants (PDAs). Designed to provide access to essential valve control data, a ToolSuite for installation on laptops was introduced in first quarter 2010 to support AUMA’s new Generation .2 range of actuators and controls. The PDA option newly released is the latest in a series of free software products developed at the actuator specialist’s German R&D production facility. Available as a free download at the company’s website www.auma.com, the PDA ToolSuite is equipped with diagnostic features. Functionality includes operation and programming of AUMA actuators with integral AC.2 controls. Wireless data transfer between PDA and actuator via Bluetooth is also provided. Supporting its global presence, AUMA has provided 15 language options for its PDA ToolSuite package including Chinese and Japanese. |
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UAE: Borouge 3 expansion
Borouge has formally signed three major Engineering, Procurement and Construction (EPC) contracts valued at approximately USD 2.6 billion for its Borouge 3 strategic expansion in Ruwais, Abu Dhabi. The first contract, worth USD 1.255 billion for the construction of two Borstar enhanced polyethylene and two Borstar enhanced polypropylene units, as well as the second contract worth USD 400 million for the construction of a 350,000tns/yr low density polyethylene unit, were signed with the Joint Venture consortium Maire Tecnimont of Italy and Samsung Engineering of South Korea, on a lump sum turnkey basis. The annual capacity of the new polyethylene units is 1,080,000tns/yr and the new polypropylene units is 960,000tns/yr. A third contract worth USD 935 million for the utilities and off-site facilities for the expanded plant were signed with Hyundai Engineering and Construction of South Korea. |
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Oman: purified terephthalic acid plant
JBF Industries Ltd and state-owned Oman Oil Co. (OOC) have signed a memorandum of understanding, leading to the formation of a joint venture. The joint venture recently submitted the necessary documentation to receive approval for expenditure to build a purified terephthalic acid (PTA) plant in Sohar, Oman's most developed city after the capital city, Muscat. The plant will be located in the Sohar industrial area adjacent to OOC's Oman Aromatics. PTA is produced from the liquid-phase catalysis of paraxylene in acetic acid, with manganese or cobalt acetate serving as the catalyst. Oman Aromatics will supply a feedstock directly to the new PTA plant via pipeline. The joint venture plans to start building in the second quarter of 2011 and complete the project in 2013. Once complete, the USD 680 million plant is anticipated to produce about 1.2 million tonnes of PTA annually. |
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Nuclear power plants approved
Finland has announced that it will build two nuclear reactors to help it become more self-sufficient and cut harmful greenhouse gas emissions. The Finish parliament has voted in favour of applications submitted by Teollisuuden Voima and Fennovoima for power plants that will generate a total of 3200MW of energy. Fennovoima is reportedly examining two sites in northern Finland for the projects along with its partners E.ON, Rautaruukki and Outokumpu. |
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Israel: hydrocracker project
Oil Refineries Ltd and the syndicate of local banks led by Bank Hapoalim, has signed an agreement for a loan of USD 600 million, as part of a financing program of USD 900 million, to continue the implementation of the company's strategic plan and its additional credit needs until the end of 2012. The hydrocracker which will be set up at the Haifa refinery, with an expected investment of USD 500 million, whose primary products are diesel fuel and kerosene (jet fuel), is expected to be operational in early 2012. The hydrocracker unit will allow, once operated, production of more distillates with higher added value per barrel, and will increase the flexibility of the refinery in its selection of raw materials and product mix, to suit changing market conditions. Repayment of the principle of the loans will commence only 12 months after the hydrocracker begins its operations, which is sufficient time after the Company is expected to begin enjoying the added value provided by the unit. |
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