During Friday’s Morning trade, Shares of Enterprise Products Partners L.P. (NYSE:EPD), lost -3.64% to $24.61.
Enterprise Products Partners, declared it has executed an additional long-term contract to export ethane from its new terminal under construction at Morgan’s Point, Texas. With the additional volumes, Enterprise’s 200,000 barrel-per-day ethane export terminal is now about 90 percent contracted in terms of operating capacity.
“This agreement is a clear indication of the continued interest for U.S. ethane as a low cost feedstock by the global petrochemical industry,” said A.J. “Jim” Teague, chief operating officer of Enterprise’s general partner. “We are in negotiations with other customers and expect the remaining capacity to be sold out when the facility starts service. Furthermore, raised supplies of domestic ethane should assist encourage continued development of infrastructure in consuming areas abroad, as well as ongoing expansion of the fleet of transportation vessels.”
The export terminal, which is on plan to commence operations in the third quarter of 2016, will have the capability to load fully refrigerated ethane at rates up to 10,000 barrels per hour. Supply for the new terminal, located along the Houston Ship Channel, will be sourced from Enterprise’s natural gas liquids fractionation and storage complex in Mont Belvieu, Texas and transported through a 24-inch diameter pipeline presently under construction.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
Shares of Nordson Corporation (NASDAQ:NDSN), declined -0.22% to $69.50, during its current trading session.
Nordson ASYMTEK, a Nordson company (NASDAQ: NDSN), introduces the Spectrum II Premier with the IntelliJet jetting system for dispensing small dot sizes at high frequencies without compromising the precision, high yield, and long-term reliability needed for advanced packaging applications. The IntelliJet system incorporates ASYMTEK’s patent-pending 2-piece ReadiSet™ jet cartridge for fast and simple cleaning and maintenance. Taking advantage of piezo-driven jet dispensing technology, the system jets a wide range of fluids in dot sizes from one to hundreds of nanoliters. The Spectrum II Premier system’s closed-loop process controls integrate improved features for IntelliJet setup, calibration, and control to ensure consistent dispensing performance, reliability, and durability far above other piezo-driven jets on the market.
“Advanced package designs requiring small dots in tight spaces and their high cost demand an extraordinary degree of dispense-volume accuracy to ensure high production yield. To maintain productivity aims with these small dot sizes and target fluid flow rates, a high jetting frequency is needed,” said Garrett Wong, product manager for Nordson ASYMTEK. “Piezo technology is excellent for producing small dots, but its use for high-volume production has been complicated by the short life of the consumable parts and less than ideal consistency across multiple installations. The Spectrum II Premier and IntelliJet system further advance piezo-jetting technology with long-term reliability two to four times longer than any other piezo-driven jet and combines that with automatic calibration features that produce a compriseent jetting process across large-scale production lines.”
The Spectrum II Premier system is built on the award-winning Spectrum II fluid dispensing platform and leverages ASYMTEK’s 30+ years of experience as the global leader in designing and manufacturing precision fluid dispensing equipment for high-volume production environments.
Nordson Corporation engineers, manufactures, and markets products and systems for dispensing and processing adhesives, coatings, polymers, sealants, biomaterials, fluid administration, testing and inspection, surface treatment, and curing.
Finally, Shares of Calgon Carbon Corporation (NYSE:CCC), lost -0.13%, and is now trading at $14.81.
Calgon Carbon Corporation, declared Hyde Marine has been awarded another series of ships for retrofit installation of Hyde GUARDIAN Gold Ballast Water Treatment systems by Royal Caribbean Cruises Ltd. (RCL). This award for seven retrofit installations will bring the total number of Hyde GUARDIAN and GUARDIAN Gold systems fitted on RCL group vessels to twenty-seven, counting both new builds and retrofits. RCL is one of seven Hyde Marine customers that have installed ten or more GUARDIAN systems.
“Hyde Marine is very happy to expand upon our successful partnership with RCL,” said John Platz, President Hyde Marine. “This clearly demonstrates our customer’s continued satisfaction with our products and service, and assists RCL to ensure compliance and commonality in their fleet.”
“Hyde Marine has been a valuable partner in assisting us as we navigate the new regulatory requirements for ballast water treatment,” said Michael Jones, Vice President Supply Chain Administration, Royal Caribbean Cruises Ltd. “Our crews are happy with how easily and reliably the system operates, and with how seamlessly they integrate with existing automation systems.”
Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates more than 43 ships via its brands Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, Pullmantur, and CDF Croisieres de France, in addition to TUI Cruises via a 50% joint venture.
Hyde Marine, a wholly owned partner of Calgon Carbon Corporation (CCC), is one of the world’s most successful ballast water treatment (BWT) technology companies with more than 430 of its ballast water treatment systems sold to date. The Hyde GUARDIAN Gold BWTS uses space-efficient filtration and ultraviolet disinfection to treat ships’ ballast water to prevent the spread of invasive species from port to port.
Calgon Carbon Corporation provides services and solutions for purifying water and air, food, beverage, and industrial process streams primarily in the United States, Europe, and Japan. The company operates in three segments: Activated Carbon and Service, Equipment, and Consumer.