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» Product: Brendan Leonard Joins Climaveneta as National Sales Manager
Brendan Leonard has joined Climaveneta as National Sales Manager Data Centre/HPAC (High Precision Air Conditioning) Division, with a remit to focus on strategic growth and expanding the companys activities in the close control market. ...
» Frost & Sullivan: Energy Efficiency, Green Measures and Supportive Policies Intensify Demand for Building Automation in North America
MOUNTAIN VIEW, Calif., Oct. 10, 2012 /PRNewswire/ -- The need to increase energy efficiency and savings while implementing green and sustainable measures is driving the uptake of building automation systems in North America. With legislation that imposes certain energy efficiency...
» Wanderport's Eco-Friendly Microwave Water Heating Technology Poised To Become "The New Industry Efficiency Standard In Electric On-Demand Water Heating For The 21st Century" - Robert Simoneau
NEW YORK, Sept. 27, 2012 /PRNewswire/ -- Wanderport Corp. (OTC Markets-PINKSHEETS: "WDRP") On the heels of the company's recent confirmation of a functioning on-demand multi-cavity microwave water heating unit (MCMHU) and before releasing the name of the independent laboratory...
» Honeywell UOP Technologies Selected For Spain's Castor Underground Natural Gas Storage Project
Honeywell UOP Technologies Selected For Spain's Castor Underground Natural Gas Storage Project
UOP?s largest membrane unit to date to process up to 980 million standard cubic feet of natural gas per day
DES PLAINES, Ill., April 7, 2010 -- UOP LLC, a Honeywell (NYSE: HON) company, announced today that its Separex? membrane system and sulfur removal adsorbent technologies have been selected for Spain?s Castor Underground Natural Gas Storage (UGS) Project.
The Separex system and UOP GB-220 adsorbent will be used to remove impurities from the extracted natural gas in the on-shore facilities of the project located in Vinaroz, Spain. Removing impurities is a critical step in upgrading natural gas so it can be transported by pipeline.
The Separex system will be UOP?s largest to date in terms of throughput and, when complete, will allow the facility to process up to 980 million standard cubic feet per day (MMSCFD) of natural gas to provide reliable delivery in peak demand periods in Spain.
?The Castor UGS project will offer an estimated total of 1.9 billion cubic meters of natural gas storage capacity to support the significant growth in demand in Spain, and we are proud that the reliability and performance characteristics of our technologies will meet their needs,? said Gary Sturtevant, gas processing business director for Honeywell?s UOP. ?We continue to advance our membrane and adsorbents technologies to meet global demand for natural gas treating and conversion.?
Global demand for natural gas is predicted to grow 2.5 percent per year through 2015, with the market in Spain growing at around 15 percent per year, according to the International Energy Agency.
The UOP Separex technology upgrades natural gas streams by removing carbon dioxide, hydrogen sulfide and water vapor in order to meet the quality standards specified by pipeline transmission and distribution companies as well as end-users of the natural gas.
Separex membranes operate with very high on-stream factors for difficult-to-treat gas streams in remote locations. Separex systems can be installed on-shore or off-shore, require little to no utilities, and provide for very short start-up times and extreme turndown capabilities. To date, 70 Separex units have been installed worldwide.
The UOP GB-220 adsorbent is an advanced spherical high-capacity metal oxide absorbent designed for the removal of hydrogen sulfide, a contaminant found in natural gas.
The Castor UGS project consists of an underground gas storage reservoir that lies at a depth of 1,720 meters approximately 21 kilometers off the east coast of Spain, two offshore platforms for 13 wells and processing facilities; an onshore compression and processing plant located in the municipality of Vinaroz and an adjoining 30-inch pipeline. The development will be operated by Escal UGS, a joint venture of ACS Group, Engas and Castor Limited Partnership (majority-share-owned by Eurogas Corp.).
The UOP equipment and products will be delivered in 2011. The development of the storage facility will start in 2012, with first gas extraction expected in 2014.
UOP LLC, headquartered in Des Plaines, Illinois, USA, is a leading international supplier and licensor of process technology, catalysts, adsorbents, process plants, and consulting services to the petroleum refining, petrochemical, and gas processing industries. UOP is a wholly-owned subsidiary of Honeywell International, Inc. and is part of Honeywell?s Specialty Materials strategic business group. For more information, go to www.uop.com.
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell?s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
This release contains ?forward-looking statements? within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements. Forward-looking statements are based on management?s assumptions and assessments in light of past experience and trends, current conditions, expected future developments and other relevant factors. They are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements. Our forward-looking statements are also subject to risks and uncertainties, which can affect our performance in both the near- and long-term. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
» News: EPEE prepares to fight F-gas proposals
EUROPE: European manufacturers and others within the air conditioning and refrigeration industry are preparing to fight proposals revealed within the leaked F-gas revision document....
» U.S. Natural Gas Reserves Increase Again in 2009
U.S. Natural Gas Reserves Increase Again in 2009
Washington, D.C. ? The American Gas Association (AGA) today reported that at year-end 2009 the ?known reserves? of natural gas in the United States likely increased for the eleventh straight year and now approach 250 trillion cubic feet ? the highest level in more than 35 years. Much of the supply optimism can be traced to the influences of unconventional resources such as natural gas from shale and tight sands.
?Natural gas supply in this county remains bullish,? said David N. Parker, AGA president and CEO. ?Production is also up, underpinned by the recent development of secure, domestic natural gas resources in deepwater offshore, as well as unconventional gas in the lower 48 states. This is great news for natural gas customers. AGA believes these numbers will hold steady for the foreseeable future unless significant policy decisions restrict access to potential resources of domestic natural gas.?
BP, the largest U.S. producer of natural gas in 2009, produced less than five percent of the national total last year, indicating that the natural gas production industry remains very competitive. Other large producers and reserves holders include household names such as ExxonMobil, yet significant volumes of gas are produced by others, such as Chesapeake Energy, Devon, Anadarko and EOG Resources. In fact, thousands of other large, mid-size and small producers provided the bulk of domestic natural gas to local distribution companies last year.
?The natural gas industry is the lifeblood of many American communities, contributing millions of jobs to the economy and billions in revenue to the U.S. Treasury,? said Parker. ?Our findings reinforce that this clean, efficient fuel is available in our country right now ? making it an essential component for any national energy policy.?
To see AGA?s report, ?Preliminary Findings Concerning 2009 Natural Gas Reserves,? please click here.
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The American Gas Association, founded in 1918, represents 195 local energy companies that deliver clean natural gas throughout the United States. There are more than 70 million residential, commercial and industrial natural gas customers in the U.S., of which 91 percent ? more than 64 million customers ? receive their gas from AGA members. Today, natural gas meets almost one-fourth of the United States' energy needs.
» Global Precision Air Conditioning Market 2011-2015
NEW YORK, Oct. 9, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Global Precision Air Conditioning Market...
» Dominion Schedules Third-Quarter Earnings Conference Call
RICHMOND, Va., Oct. 10, 2012 /PRNewswire/ -- Dominion (NYSE:D) will host its third-quarter earnings conference call at 10 a.m. EDT on Thursday, October 25. Dominion management will discuss its third-quarter financial results and other matters of interest to the financial community....
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