KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract by SATORP (a joint venture between Saudi Aramco and Total) to debottleneck Train 2 of its existing 440,000 barrels per day refinery in Jubail, Kingdom of Saudi Arabia…
Univation Technologies, LLC (Houston; www.univation.com) has signed an agreement to license UNIPOL PE Technology to LG Chem., Ltd. (LGC) for two polyethylene plants to be built at LG Chem’s petrochemical site in Yeosu, Korea. Each plant’s nameplate capacity will be…
Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) with its partner Total S.A. (Paris, France; www.total.com) announced the signing of a Memorandum of Understanding (MoU) with Daelim (Seoul, South Korea; www.daelim.co.kr/). Under the MoU, Daelim is planning to build a new 80,000-ton…
Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corp. (San Ramon, Calif.; www.chevron.com), announced that it has signed a Share Purchase Agreement with Petrobras America Inc. (Petrobras) to acquire all the outstanding shares and equity interests of Pasadena…
Invista (Wichita, Kan.; www.invista.com) has completed the previously announced sale of its Apparel & Advanced Textiles business to an affiliate of Shandong Ruyi Investment Holding.The transaction includes: The Apparel & Advanced Textiles business’s portfolio of apparel-focused fibers and brands, including…
Trinseo (Berwyn, Pa.; www.trinseo.com) announced that Frank A. Bozich has been named President and CEO, effective March 4, 2019. He replaces Christopher D. Pappas, who recently announced his plans to retire following his tenure as President and CEO of Trinseo…
TechnipFMC (Houston; www.technipfmc.com) has been awarded a large ($500 million and $1 billion) reimbursable contract by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) for detailed engineering, procurement, and construction for the recently announced crude expansion project in Beaumont, Texas, USA. The awarded…
The President Director of Pertamina, the state-owned National Oil & Gas Company of Indonesia, Nicke Widyawati, and Claudio Descalzi, CEO of Eni S.p.A. (Roma, Italy; www.eni.com), signed a Memorandum of Understanding (MOU) to investigate synergies of their respective technologies, expertise and…
Toyo Engineering Corp. (Chiba, Japan; www.toyo-eng.co.jp) has been awarded two major contracts in the petrochemicals sector — one in Russia and one in Thailand. In Russia, Toyo has been awarded a contract to build a 650,000-metric tons per year (m.t./yr)…
Cabot Corp. (Boston, Mass;. www.cabot-corp.com) has entered into a definitive agreement to sell its Specialty Fluids business to Sinomine (Hong Kong) Rare Metals Resources Co. Limited, a wholly owned subsidiary of Sinomine Resource Group Co., Ltd., in a transaction valued…