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"They have wanted to hive off those parts of their business that had little to no growth.' James J. Mulva, the chairman of Phillips, confirmed that the company had explored the idea of a joint venture for its refining and marketing units, too.
REUTERS Sinopec Plans to Take Unit Public in Hong Kong | The Chinese energy giant Sinopec is planning an I.P.O. next year for its refining and petrochemical engineering unit that could raise about $1.5 billion, The Wall Street Journal reports, citing four unidentified people with direct knowledge of the matter.
On Jan . 25 Lyondell reported a 62% jump in fourth-quarter profit amid strong demand for its refining and ethylene businesses.
On Thursday, integrated oil company and Dow component Chevron will release an interim first-quarter update to detail pricing trends and margins for its refining and chemical businesses.
Earlier this year Ashland Inc., the $12 billion oil refiner, avoided a proxy fight with Denton by agreeing to divest its oil exploration unit and seek merger opportunities for its refining business.
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Better known as "Carrasco" – after the name of a suburb 15km from central Montevideo in which it resides – this growing airport has achieved a degree of international acclaim for its refined and elegant new terminal opened in 2009.
Shares in the company fell by 4% after it recorded almost $2bn£1.25bnbn) in losses from its refining division for the last quarter of 2009 which were much higher than expected.
Iran, though a major exporter of crude oil, imports tens of thousands of gallons of gasoline daily to make up for its faltering refining capacity, limited by years of international isolation.
Morningstar, in a report issued last Friday after the company reported its second-quarter results, commended Facebook for its potential to refine its ad targeting but flagged several risks, including stepped-up regulation on whether the company would be allowed to track its users across the Web in a bid to serve up relevant advertising.
The ECAE process involves very large plastic strains and is well known for its ability to refine the grain size of a polycrystalline metal to very fine size scales, depending on the number of passes and the nature/type of material involved.
The film shows the process from how it got refined for its first Broadway run to the winnowing down of the many candidates for the revival.
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