Airport up for rent?

first_imgEmail A PLAN to put Shannon Airport up for rent to private business has shocked local interests and raised fears that making a quick buck would become the priority ahead of the good of the region.A report drafted for the Shannon Airport Authority by consultants, Avia Solutions, has put forward a radical solution with the suggestion that the facility should be leased to a consortium of private business people for a period of between 15 and 35 years. Sign up for the weekly Limerick Post newsletter Sign Up Sources have confirmed that the plan was drawn up for submission to Transport Minister, Leo Varadkar, on foot of his request for submissions on the break-up of the three airports.This would free Shannon from the ruling hand of the Dublin Airport Authority and leave it free to plan its own future. But the suggestion has set alarm bells ringing for workers and the region as a whole, amid fears that profit would become the driving concern, ignoring the important role which the airport plays in the long run for business and jobs. It is also believed that the Shannon airport board is divided on the contents of the report.Minister of State for Foreign Affairs and Trade, Jan O’Sullivan (Lab) said that she would be “highly sceptical” of such a plan, which has not yet been made public.  “I would be concerned if this is true. The priority of private business would be the shareholders, but it is the region which should be the priority. The airport is such an important driver for this region that it has to have a wider brief than shareholders’ profits.”Independent Shannon councillor, Patricia McCarthy said that Shannon and Cork airports “cannot be looked at piecemeal. “We have no aviation policy in this country and that’s what is needed”.A spokesman for SIPTU, which has 280 members at the airport, said he would “prefer to see what this report says” before making any comment. There was no comment from the airport board. Previous articleMikey and Nathan set sights on Denis and ScoobyNext articleFormer self-employed forced to turn to charity admin Twitter Print WhatsAppcenter_img Linkedin Facebook Advertisement NewsLocal NewsAirport up for rent?By admin – September 15, 2011 551 last_img read more

Honeywell wins automation contract for KIPIC’s PRIZe project

first_img Image: Honeywell president Rachad Abdallah and KIPIC CEO Hatem Al-Awadhi signed the contract. Photo: courtesy of Honeywell. Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions (HPS) as the main automation contractor for its new Petrochemicals and Refinery Integration Al Zour Project (PRIZe) in Kuwait.KIPIC is a subsidiary of Kuwait Petroleum (KPC) which was set up by the state of Kuwait to manage refinery, petrochemicals and LNG import operations at the Al-Zour complex.Under the contract, HPS will provide front-end engineering design and advanced process control technology for the project that will help KIPIC to expedite the production start-up.PRIZe project will be developed as part of the Al-Zour ComplexThe PRIZe project will be developed as part of the Al-Zour complex.Expected to become the first integrated refining and petrochemicals complex in Kuwait, the PRIZe project will help in expanding Kuwait’s domestic petrochemicals, aromatics and gasoline manufacturing capabilities.KIPIC acting CEO Hatem Al-Awadi said: “The PRIZe project will revolutionize Kuwait’s domestic production capabilities, helping KIPIC meet the increasing demand for fuels and petrochemical products within the country.“With Honeywell’s support, we are building a strategic project that will transform Kuwait’s domestic oil and gas market, and provide a significant accelerator for the country’s long-term economic development by improving gasoline and benzene supply to the local and international markets.”Earlier, KIPIC had selected Honeywell UOP to revise the configuration and capacity of the Al-Zour refinery’s gasoline production facilities.The refinery’s gasoline section will consist of 98,000 barrels per day (bpd) RFCC complex for production of propylene, gasoline, and petrochemical aromatics, and a UOP Selectfining unit to produce low-sulfur gasoline blending components.Honeywell Kuwait president Rachad Abdallah said: “Honeywell has a long history of successfully delivering world-class automation solutions to the oil downstream industries in Kuwait, and this new agreement highlights the trust our customers have in our technologies.“At the integrated refining and petrochemicals complex at Al-Zour, we are leveraging our experience and technologies to help develop one of the most ambitious initiatives in the region. This project will help transform Kuwait into a pioneering manufacturer in the downstream oil and gas industry.” The automation will help KIPIC expedite the start of production at the new Petrochemicals and Refinery Integration Al Zour Project (PRIZe) last_img read more