Gangway Innovation Allows Safer Transfer at Offshore Wind Farms
Ampelmann has created, in cooperation with Seaway Heavy Lifting, an industry first innovation allowing workers safe and efficient access to install the jackets for 84 wind turbines on the Beatrice Offshore Windfarm Limited project in the Outer Moray Firth. Global offshore contractor Seaway…
New Rubber Compound for Tug Fenders
Trelleborg’s marine systems operation has launched a new High Performance Super Abrasion Resistant (HPSAR) tug fender, which utilizes an innovative, superior rubber compound. The application of this distinctive and improved compound not only significantly increases the service life of the fender…
Trelleborg to Enhance Safety at Sverdrup Oil Field
Trelleborg’s offshore operation has secured a contract to supply its thermal insulation, corrosion and passive fire protection (PFP) solutions for use on the new Johan Sverdrup oil field in the North Sea, off Norway. Contracted by Kvaerner, Trelleborg’s offshore operation in Norway will supply…
Kuo-Repsol Venture Agrees Power Plant Deal with Iberdrola
Mexican conglomerate Grupo Kuo said on Monday that Dynasol, its joint venture with Spain's Repsol, has signed a deal with Spanish firm Iberdrola to build a power plant in the northeastern Mexican state of Tamaulipas. The plant will have the capacity to generate 56 megawatts of electricity and 38 tons of water vapor needed for synthetic rubber production…
UTC Delivers Latest Sonar Dome Window to Navy
UTC Aerospace Systems has delivered its latest sonar dome rubber window produced at its facility in Jacksonville, Fla. to the U.S. Navy, bringing the total to more than 150 delivered. The company's Engineered Polymer Products (EPP) team has been the exclusive supplier of sonar domes for FFG-7, DDG-51 and CG-47 class ships to the U.S.
Roxtec Safety Seals for Offshore O&G
Roxtec is targeting the marine and offshore oil and gas sectors with a new innovative safety seal which protects life and assets from a multitude of hazards. The firm’s Single Pipe Metal (SPM) product can be used to seal any kind of metal pipe in steel decks or bulkheads and specifically guards against fire, gas and water ingress.
Corvus Delivers for Hybrid Port Equipment
Corvus Energy will provide newly-designed lithium-ion energy storage systems (ESS) for a hybrid rubber-tired gantry crane (RTG) designed by CCCC Shanghai Equipment Engineering (CCCCSEE). The new ESS solution from Corvus is a smaller, ultra high power, liquid cooled system designed specifically to meet the RTG power requirements more cost effectively.
China's 'steady-as-she-goes' Economy Carries On
China is no longer a driver of commodity demand, rather it has become a constant factor that can be relied upon to import relatively steady volumes of major natural resources. Both China's central bank and a respected think-tank expect further moderation in the economic growth rate next year…
Four killed in Eastern India during Coal Mine Protest
Four people died in eastern India when police opened fire during clashes with villagers who allege state-run NTPC Ltd violate forestry rights and does not offer enough compensation when acquiring land for a coal mining site. Senior police officer M.S. Bhatia said the deaths occurred after…
Total: No Reason to Sell Hutchinson
Total's chief executive said on Friday the French oil major saw no reason currently to sell its Hutchinson rubber unit and that the group will explain in due time what its plans are for the business. "It's a superb company, we are strongly attached to it," Patrick Pouyanne told shareholders at the group's annual general meeting in Paris.
Trelleborg Signs Framework Agreement with Statoil
Trelleborg’s offshore operation in Norway, signed a framework agreement with Statoil for the supply of Elastopipe, corrosion protection, Passive Fire Protection (PFP) as well as Thermal Insulation (Vikotherm R2, S1 and P7). The framework agreement is signed for six years. Hans Leo Hals, Managing Director for Trelleborg’s offshore operation in Norway…
Japan Commodity Exchange Halts as Heavy Trading Overwhelms
The Tokyo Commodity Exchange (TOCOM) has twice halted trading since early Thursday morning, with at least one of the interruptions caused by heavy trading orders following Donald Trump's surprise U.S. presidential election victory. The exchange - which trades gold, crude oil and rubber, among…
Miko Launches Emergency Pipe Repair Kit
A kit that can be used to seal leaks in high pressure pipes has been developed by Miko Marine in response to a specific request from St1 in Norway. Detailed study by Miko has resulted in a system that uses specially formulated rubber patches that are slid over a leak and held in place by ratchet straps.
High-performance Seals for Wind Power Facilities
Press release -Increasingly large facilities and ever more extreme locations are placing greater demands on seals in wind turbines. They must not only withstand severe fluctuations in temperatures but above all must be resistant to the lubricants used in their drive units. Freudenberg Sealing…
Venezuela Bondholders Mull Alliances
Holders of Venezuelan bonds are meeting with each other and considering forming committees, advisers and fund managers told Reuters, as questions mount about the feasibility of President Nicolas Maduro's proposal to restructure $60 billion of debt. Maduro has said the country will keep servicing its obligations for now.
W.R. Grace to Split in Two
Specialty chemical manufacturer W.R. Grace & Co said it would split into two companies to improve strategic focus, simplify operating structures and make better use of capital. The company, which emerged from one of the longest U.S. bankruptcies in 2013, said on Thursday that the split would take place as a tax-free transaction to shareholders. W. R.
Three vie for BP's China Petrochemicals Plant
SK Chemicals, Borealis and Ineos to bid. First bidding round to close in the coming days. At least three leading chemical companies are set to vie for BP's stake in Chinese petrochemicals joint venture SECCO which could fetch more than $2 billion, sources close to the process said. Offers for the 50 percent stake…
China regulator still plans oil futures
China's top securities regulator is still preparing to launch oil futures and is considering lifting restrictions on stock index futures imposed during the 2015 stock market crash, the Shanghai Securities Times said on Saturday. The newspaper report cited an internal meeting at the China Securities Regulatory Commission (CSRC) held by its chairman…
Protests Greet Australia's first Returning Nuclear Waste
Anti-nuclear protesters in rubber dinghies and water police shadowed a vessel carrying a shipment of reprocessed nuclear waste as it docked on Saturday at an Australian port after a two-month voyage from France. Environment group Greenpeace questioned the safety of transporting the 25 tonnes of waste…
APR Energy Commissions Gas Plant in Egypt
APR Energy, announces today that it has commissioned its new power plant in Egypt. The plant will support development of a large-scale industrial complex being built for the Egyptian Ethylene and Derivatives Company (ETHYDCO), a manufacturer and leading provider of value-creating plastics and rubber products.