BASF SE (Ludwigshafen, Germany; www.basf.com) announced a single-digit million-euro investment in the capacity expansion of water-based polyurethane dispersions at its Castellbisbal site in Spain. The expansion will allow BASF to increase its production capacity by 30%. “We want to continue…
Linde (Guildford, U.K.; www.linde.com) announced it has started up a new air separation plant to supply nitrogen, high purity oxygen and argon to the 12-in. wafer product line of Shanghai Huali Microelectronics Corporation (HLMC) in Shanghai. In addition, Linde will…
INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT; www.ipt.invista.com) and Hengli Petrochemical (Dalian) Co., Ltd have announced the successful start-up of Hengli’s fourth purified terephthalic acid (PTA) line. This plant boasts a capacity of 2.5 million metric tons per…
The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed a strategic framework agreement with Eni S.p.A. (Rome, Italy; www.eni.com) to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional…
Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) signed a license agreement with ITEA S.p.A, an Italian company that owns the patent for application of a new plastics recycling technology. Originally designed for applications in the oil & gas sector, the…
HUVRdata (Austin, Tex.; www.huvrdata.com) has been selected by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) to support drone-based inspections and reporting. Over the past 2 years, HUVRData and ExxonMobil have collaborated to put in place a global Digital Reporting and Analytics platform…
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp/) announced that it will acquire a German manufacturer of carbon-fiber prepreg materials, c-m-p GmbH (Heinsberg, Germany) through its subsidiary, Mitsubishi Chemical Advanced Material, in a move to strengthen its presence in the carbon-fiber composite…
As part of a major restructuring program, subsidiaries of McDermott International, Inc. (Houston; www.mcdermott.com) have entered into a share and asset purchase agreement with a joint partnership between The Chatterjee Group and Rhône Group (the Joint Partnership) pursuant to which…
Renewable energy company Masdar (Abu Dhabi; www.masdar.ae) and Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) announced an agreement to establish a joint venture company to develop renewable energy projects in Spain and Portugal. The 50:50 venture was announced…
Chevron Corp. (San Ramon, Calif.; www.chevron.com) announced that it has joined the Hydrogen Council, a global advisory body providing a long-term vision for the role of hydrogen in the energy transition. Hydrogen is used at Chevron refineries to refine crude…