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BP and Socar explore the creation of a new petrochemicals joint venture in Turkey

BP plc (London, U.K.; www.bp.com) and SOCAR Turkey, a subsidiary of The State Oil Company of Azerbaijan Republic (SOCAR; www.socar.az), announced that they have signed a heads of agreement (HoA) to evaluate the creation of a joint venture that would…

TechnipFMC wins EPCM contract for expansion of Neste’s renewable refinery in Singapore

TechnipFMC (Houston; www.technipfmc.com) has been awarded a significant Engineering, Procurement support and Construction management services (EPCM) contract by Neste Corp. (Espoo, Finland; www.neste.com)  for the expansion of their renewable products refinery in Singapore. This project will increase the overall Neste…

Indorama acquires German PET business from Invista

Indorama Ventures Public Company Limited (IVL; Bangkok, Thailand; www.indoramaventures.com) announced that it has entered into an agreement with Invista (Wichita, Kan.; www.invista.com) to acquire INVISTA Resins & Fibers GmbH, which owns a high value-added polyethylene terephthalate (PET) manufacturing facility located…

McDermott awarded technology contract for India’s largest polypropylene plant

McDermott International, Inc. (Houston; www.mcdermott.com) announced that it has been awarded a sizeable technology contract by HPCL Rajasthan Refinery Ltd. (HRRL) for the license and basic engineering design of two polypropylene plants in Pachpadra Tehsil, Barmer District, Rajasthan, India. Each…

Air Products to supply three nitrogen-generation plants in the Netherlands

Air Products (Lehigh Valley, Pa.; www.airproducts.com) and N.V. Nederlandse Gasunie (www.gasunie.com) announced the signing of an industrial gas equipment agreement that will help to address a matter of national energy importance for The Netherlands. Air Products will supply Gasunie three…

Nano One and Saint-Gobain enter joint development agreement for lithium processing

Nano One Materials Corp. (Vancouver, B.C., Canada; www.nanoone.ca) announced that the company has entered into a Joint Development Agreement with Saint-Gobain (Paris, France; www.saint-gobain.com). The goal of the collaboration is to enhance high-temperature processing of Nano One’s lithium-ion battery materials.…

Bechtel and Alba reach milestone in aluminum expansion project in Bahrain

Bechtel (Reston, Va.; www.bechtel.com) and Aluminium Bahrain B.S.C. (Alba), the Bahrain-based aluminum producer, announced the successful production of the First Hot Metal at Alba’s Potline 6 Expansion Project. Potline 6, which is being executed by Bechtel as the engineering, procurement and…

Alfa Laval acquires selected heat-exchanger technology assets from Airec

Alfa Laval (Lund, Sweden; www.alfalaval.com) announced that it has signed an agreement to acquire certain technologies and activities from Airec – a Malmö, Sweden-based innovation company with patented technology for dimple asymmetry heat exchangers. The new company will be integrated…

Covestro begins construction of polycarbonate films plant in Thailand

Covestro (Leverkusen, Germany; www.covestro.com)  has started to build a new manufacturing line for polycarbonate films at Map Ta Phut Industrial Estate, Thailand. With this new capacity, the company will serve the fast-growing demand in Asia Pacific and strengthen its own…

Umicore to construct new production site for fuel-cell catalysts near Seoul

Umicore N.V. (Brussels, Belgium; www.umicore.com) announced that it will be expanding its production capacity for fuel-cell catalysts in South Korea to support the growth of Hyundai Motors Group as well as other automotive customers. The low double-digit million euro investment…