Yokogawa Electric Corp. (Tokyo, Japan; www.yokogawa.com) announced the acquisition of TechInvent2 AS, a Norwegian enterprise that holds the rights to FluidCom, a chemical injection metering valve (CIMV). FluidCom prevents blockages and corrosion in oil wells, pipelines, and other facilities and…
Wison Engineering Services Co. (Shanghai; www.wison-engineering.com) announced that its non-wholly owned affiliated company, Wison Engineering (China) Limited, has been awarded an EPFC (engineering, procurement, fabrication and construction) contract for one section of Low Density Polyethylene (LDPE) project in Texas by…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced the final investment decision to build the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area. The project is estimated to cost approximately $2.4 billion, representing the single-largest capital…
Audubon Engineering Solutions (Houston; www.auduboncompanies.com), a global provider of engineering, procurement, and construction (EPC) services for the oil & gas, petrochemical, refining, and pipeline markets, announced that it has signed a teaming agreement with Chevron Phillips Chemical (The Woodlands, Tex.;…
PJSC KuibyshevAzot, one of the leading companies of the Russian chemical industry, and Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it) jointly announced the incorporation of a joint-venture (JV) to develop, build, finance, maintain and operate a green-field urea plant, to be…
H.B. Fuller Co. (St. Paul, Minn.; www.hbfuller.com) has signed an agreement to purchase adhesives company, Adecol Ind. Química, Limitada, a manufacturer of quality adhesive technologies in Brazil. Adecol works closely with customers to develop innovative, high-quality hot-melt, reactive and polymer-based…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that Bruce Stanski has been appointed as Fluor’s chief financial officer (CFO) effective Aug. 4, 2017, replacing Biggs Porter, whose retirement was previously announced in March. Porter will continue to support Fluor as an…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Liaoning Bora Petrochemical Co., Ltd, has selected LyondellBasell’s world leading polypropylene (PP) and polyethylene (PE) technologies for three new plants. The plants will be constructed in its new petrochemical complex in Panjin, Liaoning…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced Thierry Vanlancker as its new CEO, as current chief Ton Büchner steps down with immediate effect due to health reasons. Büchner joined AkzoNobel in 2012 and has been responsible for significantly improving the performance…
Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has made a binding offer to acquire the European and Chinese operations of IVA, one of the world’s leading wire-enamel manufacturers, from its parent company Superior Essex. IVA, which has been in operation since…