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Industrial Info is tracking more than $3.4 billion worth of projects involving general contractor and construction management firm DPR Construction (Redwood City, California).
Cargill has temporarily shut down the Avery Island underground salt mine and Breaux Bridge evaporated salt plants in Louisiana, following the landfall of Hurricane Barry on Saturday. The company is assessing damages and will announce later today when a resumption to operations and shipping will occur. Barry has been downgraded to a tropical depression.
Gulf of Mexico oil operators forced the evacuation of more than 280 production platforms in the Gulf of Mexico as a result of Tropical Storm Barry, which made landfall as a hurricane on the Louisiana coast on Saturday, and has since been downgraded to a tropical depression. Oil production in the region fell by 72% and natural gas production dropped by 61% over the weekend. Operators began redeploying personnel on Sunday to perform the necessary inspections and restore oil production.
Industrial Info's Disaster Impact Tracker continues to monitor the situation.
A draft bill to phase out the use of all coal-fired power in Germany could be ready before the end of the year.
Perenco UK Limited has applied to U.K. authorities to decommission its Pickerill Alpha and Bravo offshore platforms, along with associated subsea infrastructure, in the southern North Sea
The developer behind the controversial Nord Stream 2 gas pipeline between Russia and Germany has said that the project is "past the point of no return" even as it has withdrawn its application to lay pipe in Danish territorial waters.
Industrial Info is tracking 114 European projects in the automotive sector valued at $7.14 billion that are set to kick off in the next six months. Click here for a list. France, Germany and the United Kingdom dominate the investment. See graph below for investment by country.
Industrial Info is tracking 20 capital plastic-sector projects, worth $540 million, in the DACH region (Germany, Austria and Switzerland). These include 10 projects, totaling nearly $520 million, that are scheduled to begin construction this year
Dow Quimica Argentina was forced to shut down its 997 million-pound-per-year Ethylene Cracker 2 unit on June 28 in Bahia Blanca, Argentina, as a safety measure after over-pressure caused a blast in a water-steam vessel
Brazil's petrochemical sector saw the completion of about $1 billion in Chemical Processing Industry projects during the first half of 2019, according to Industrial Info's project database.
Klabin, the biggest paper-packaging producer in Brazil, has selected contractors for its estimated $2.5 billion PUMA II project, adjacent to its pulp mill in Ortigueira, in the state of Paraná
Southern Copper Corporation, a subsidiary of Grupo Mexico SAB, has received approval to begin construction of the Tia Maria Copper Project by the government of Peru. The $1.4 billion project, which has been in the works since 2007, has been delayed by an extensive environmental permitting process and local opposition. Southern Copper is developing more than $8 billion worth of projects in Latin America. The company has agreed not to commence construction until it gets approval from local communities.
Kenya, being the largest recipient of foreign direct investment in Africa, plays a pivotal role in the East African community, which acts as a regional economic hub. With its Vision 2030, the country is targeting manufacturing, IT-enabled services and financial services, and to substantially expand small-scale manufacturing of household goods, motor-vehicle parts and farm implements.
After two months of extended bidding, three players have emerged as bidders for construction of Royal Dutch Shell's $12 billion Bonga South West Aparo (BSWA) project in Africa's Gulf of Guinea.
Global copper use is set to double over the next 20 years, according to International Copper Association Australia, fueled by rapidly developing technology
Scan through a selection of energy-related news highlights that we think will interest our clients.
Saudi Aramco has awarded the major contracts for the Marjan Onshore project in Saudi Arabia.
Vietnam's Tung Lam Company, an ethanol producer using cassava as a primary feedstock, is preparing to test U.S. corn as a feedstock as part of the U.S. Grain Council's support to Vietnam increase ethanol usage under the E5 blend mandate. Prices of cassava have increased since 2018 due to a demand surge from Southeast Asia, leaving limited supply available. Because of this, Tung Lam Company has considered the corn-based ethanol production trial.
Shell Australia is moving ahead with its Crux natural gas field development project. The gas field is being developed by a joint venture comprised of Shell Australia, a subsidiary of Royal Dutch Shell (82%, operator); SGH Energy, a subsidiary of Seven Group Holdings (15%); and Osaka Gas Holding (3%). It will supply backfill gas to the Prelude floating liquefied natural gas (FLNG) facility, which is the world's biggest FLNG platform.
Industrial Info is tracking 40 sawmill maintenance projects worth $28.75 million in the Oceania region across Australia, Fiji and New Zealand, of which 37 projects worth $26.15 million are planned to kick off from December 2019. Click here for the list of projects.