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…
KBR, Inc. (Houston; www.kbr.com) announced that its subsidiary Plinke GmbH has been awarded a contract by Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) of India to build a Concentrated Nitric Acid plant (CNA) at Bharuch, Gujarat. Under the terms of…
Petróleo Brasileiro S.A. (Petrobras; www.petrobras.com.br) announced that its Board of Directors approved new guidelines for the management of its asset portfolio. The new guidelines consider the sale of assets, with emphasis on downstream segment, including the full sale of PUDSA,…
Parker Hannifin Corp. (Cleveland, Ohio; www.parker.com) announced that it has entered into a definitive agreement to acquire LORD Corp. (Cary, N.C.; www.lord.com) for approximately $3.675 billion in cash. The transaction has been approved by the Board of Directors of each…
Venator Materials PLC (Wynyard, U.K.; www.venatorcorp.com) announced that it has completed its acquisition of the European titanium dioxide (TiO2) paper laminates business (the 8120 Grade) of Tronox Holdings plc (Stamford, Conn.; www.tronox.com). Tronox will supply the 8120 Grade product to…
Univation Technologies LLC (Houston; www.univation.com) has announced that PJSC Kazanorgsintez (KOS) has successfully produced metallocene polyethylene resin on their existing UNIPOL PE Reactor Line located in Kazan, Republic of Tatarstan, in the Russian Federation. KOS currently operates three UNIPOL PE…