PPG (Pittsburgh, Pa.) announced that it has reached a definitive agreement to acquire Ennis-Flint, a global manufacturer of coatings with a broad portfolio of pavement marking products, including paint, thermoplastics and other advanced traffic technologies. The transaction, valued at approximately…
TechnipFMC (Houston) has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut…
BASF SE (Ludwugshafen, Germany) announced the technical completion of the newly constructed plant for the plastic additives business at its site located in Pontecchio Marconi, Italy. The state-of-the-art facility will deliver a wider range of NOR solutions to support BASF’s…
Borealis Group AG (Vienna, Austria) announced that the upgraded wastewater treatment system at its integrated production location in Schwechat, Austria, is now fully operational. Successful tests of the sophisticated new multi-step system, which was first installed in November 2019, show…
Under the patronage of H.E. Shaikh Mohamed Khalifa Al-Khalifa, Bahrain’s Minister of Oil, The Oil and Gas Holding Company B.S.C. (c) (nogaholding), announced the signing of Memorandum of Understanding with Air Products (Lehigh Valley, Pa.). Representing nogaholding, Mazan Matar, Chairman…
Maire Tecnimont S.p.A. (Milan, Italy) announces that its subsidiary KT – Kinetics Technology S.p.A. has been awarded an EP contract by a global engineering and construction company, consisting in the detailed engineering, procurement and delivery of three large-scale Delayed Coker…
Merck KGaA (Darmstadt, Germany) announced a collaborative partnership with Siemens (Munich, Germany) for the digitalization of production. This partnership is to result in the development of a process control system for the modular production of innovative materials and products for…
Aspen Technology, Inc. (Bedford, Mass.) announced that Hengli Petrochemical (Dalian) Refinery (Hengli), a leading Fortune Global 500 refinery in China, has chosen Aspen DMC3 software to accelerate digitalization at its integrated refining and chemical plant in Dalian, China. With this…
Mitsubishi Heavy Industries Ltd. (MHI; Tokyo, Japan) has agreed to make a capital investment in H2U Investments, the holding entity of the H2U Group. The H2U Group includes The Hydrogen Utility (H2U), the leading Australian developer of green hydrogen and…
Evonik Industries AG (Essen, Germany) has made a second investment in HPNow, based in Copenhagen, Denmark, through its venture capital unit. Evonik participated in the first financing round of the start-up as early as 2017. Co-investor is the London-based venture…