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Honeywell UOP’s Methanol To Olefins technology selected for China coal chemical complex

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has selected Honeywell’s UOP technology to convert methanol into building blocks for chemical products at an existing coal chemical complex in China. The MTO process technology has been successfully demonstrated in a semi-commercial-scale unit built by Total Petrochemicals in Feluy, Belgium.

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ExxonMobil to invest >$1B in Antwerp refinery to convert heavy, higher sulfur residual oil into diesel, other products

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ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The report, Projected Costs of Generating Electricity: 2015 Edition , also shows that new nuclear power plants generate electricity more cheaply than other established “baseload” sources—mainly coal- and gas-fired power plants—over the full lifetime of facilities when financing costs are relatively low.

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