NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Qatargas, the largest LNG producing company in the world, has announced the commercial start-up of Laffan Refinery 2, marking a major milestone in the expansion of refining capacity in Qatar. The project will refine 146,000 barrels per day of condensate from the North Field, the largest non-associated natural gas reserve…

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Arlington Capital Partners, a Washington, DC-based private equity firm, today announced the acquisition of Molecular Products Group, Ltd. (“Molecular Products” or the “Company”). Headquartered in Harlow, Essex, U.K., Molecular Products is a leading manufacturer of advanced chemistry-based products serving the healthcare, defense and industrial markets. The Company primarily specializes in…

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Ebtron, a company that designs and manufactures air flow measuring devices, is expanding its operations in Loris, South Carolina. The project is expected to bring more than $2.5 million of new capital investment and lead to the creation of 100 new jobs over the next five years in Horry County.…

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Saudi Aramco, the world’s leading integrated energy and petrochemicals enterprise, and PT Pertamina, Indonesia’s state oil and gas company, signed a joint venture development agreement (JVDA) today, marking a key milestone to enable further progress to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia. Saudi Aramco…

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Venture Global LNG will invest $8.5 billion to develop a natural gas liquefaction facility and LNG export terminal in Plaquemines Parish, Louisiana. Plaquemines LNG will create 250 new jobs. Plaquemines LNG will be built to an export capacity of 20 million metric tons per year. The complex will be located…

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Alfa Laval (ALFA.ST) and Honeywell (HON.N) are bidding for private equity-owned Swedish air treatment group Munters in a potential 10 billion Swedish crown ($1.1 billion) deal, people close to the talks said. Private equity firms such as TPG, Bain, KKR and EQT have also handed in first round bids by…

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Siemens has received an order from the energy provider SWW Wunsiedel GmbH to supply and install a battery storage system. The Siestorage system is based on lithium-ion batteries and has a capacity of more than 6 megawatts. The storage system, which will be connected to the distribution grid, will enable…

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ABB recently won an order from Singapore-based Jurong Engineering Limited (JEL) to supply a Symphony Plus total plant automation system for one of the largest combined cycle power plants in Myanmar, located in the Myingyan district of the Mandalay division in central Myanmar. The Symphony Plus system will control and…

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Dubai Electricity and Water Authority (Dewa) has revealed its Hatta development projects, including the first hydroelectric power station in the GCC, which will be completed within five years and produce 250 MW. Other initiatives of the Hatta Comprehensive Development Plan, which involve the installation of photovoltaic panels on rooftops to…

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Gazprom Neft CEO Alexander Dyukov and President of Yokogawa Electric Corporation Takashi Nishijima have signed an agreement on the establishment of an international innovation centre for automation in oil refining in St Petersburg. The agreement envisages the expansion of technological cooperation between the two companies, a new stage of which…