Trinseo (Berwyn, Pa.; www.trinseo.com) has signed a definitive agreement with The Dow Chemical Co. (Midland, Mich.; www.dow.com) to acquire latex production facilities and related infrastructure at Rheinmunster, Germany. The transaction is expected to close in the second half of 2019,…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) will proceed with a $2-billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to the approximate 15 percent return the company expects from its chemical…
At its Dormagen site, Covestro (Leverkusen, Germany; www.covestro.com ) has started building additional production lines for high-quality polycarbonate films. The new coextrusion lines are scheduled for completion by the end of 2020 and will cover the increasing demand. According to…
KBR, Inc. (Houston; www.kbr.com) has been awarded a Maintenance Alliance Program (MAP) contract to provide long-term maintenance services for the Sadara Chemical Company, a joint venture of Saudi Aramco and Dow Chemical Company. The Sadara project is the largest chemical…
McDermott International, Inc. (Houston; www.mcdermott.com) announced it has been awarded a sizeable contract by ADNOC Refining to provide front-end engineering design (FEED) services for the Refinery Offgases (ROG) project at the Ruwais Refinery in Abu Dhabi. The scope of work…
Linde (www.linde.com) announced that it has started up a new air separation unit to supply 700 tons per day of gaseous nitrogen to support Samsung in Tangjeong, South Korea. This is the company's fourth air separation plant at the facility.…
In a major international competitive bidding process, the Saudi Arabian Mining Company (Ma'aden) has awarded the consortium of Outotec Oyj (Espoo, Finland; www.outotec.com) and Larsen & Toubro with an engineering, procurement and construction contract to build a greenfield mineral concentrator…
AmSty (The Woodlands, Tex.; www.amsty.com), a joint venture equally owned by Chevron Phillips Chemical Company LP and Trinseo LLC, and Agilyx (Tigard, Oregon; www.agilyx.com) have formed a joint venture, Regenyx LLC, dedicated to fully recycling post-consumer polystyrene materials back to…
Linde plc (www.linde.com) has completed the sale of selected assets of Linde Korea to IMM Private Equity Inc., in accordance with the recent merger between Linde AG and Praxair, Inc. and the Korea Fair Trade Commission. The assets divested include…
Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) has signed a Preliminary Agreement with JSC GazpromNeft Moscow Refinery and an engineering, procurement and construction (EPC) Contract with Infrastructure Development and Construction (IDC) for an aggregate value of around €500 million. The…