Callery, LLC (Evans City, Pa.; www.callery.com) is the name of the new standalone entity born from BASF's divestment of its Inorganic Specialties business. The divestiture was facilitated by Edgewater Capital in combination with the Callery management team. Callery is a…
Umicore N.V. (Brussels, Belgium; www.umicore.com) announced the acquisition of the combined 50% shareholdings of Samkwang Glass Ind. Co., Ltd. and OCI Company Ltd. in the South Korean automotive catalyst joint venture (JV), Ordeg Co. Ltd. for € 82 million. Umicore – which…
John Wood Group PLC (Wood Group; Aberdeen, Scotland; www.woodgroup.com) and Amec Foster Wheeler (London, U.K.; www.amecfw.com) have announced that Wood Group will take over Amec Foster Wheeler. The boards of both companies reached agreement on the terms of a recommended…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Shandong Yuhuang Shengshi Chemical Inc. Ltd, has selected the LyondellBasell Hostalen ACP polyethylene process technology for a high-density polyethylene (HDPE) unit to be constructed in their petrochemical complex at Heze in Shandong province.…
SNC-Lavalin (Montreal, Quebec, Canada; www.snclavalin.com) has been awarded a contract by Salalah Methanol Co. LLC (SMC) for the engineering, procurement and construction (EPC) of an anhydrous liquid ammonia plant, including its utilities and off-site infrastructure, in the city of Salalah,…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) has been awarded a lump-sum turn-key contract in excess of €50 million by Eni SpA for the engineering, procurement and construction (EPC) of a new steam reforming plant for hydrogen production to be built…
SUEZ (Paris, France; www.suez-environnement.fr) and Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) announced that they have entered into an agreement with General Electric Co. (www.ge.com) to acquire its Water & Process Technologies business (GE Water;…
Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period, Darren Woods, chairman and chief executive officer, said Monday. The projects, at 11 proposed…
Messer Group (Bad Soden, Germany; www.messergroup.com) opened its biggest CO2 recovery plant on the globe in Nanjing, China. This plant makes Messer China’s largest CO2 provider, according to the company. The plant has a capacity of 150,000 metric tone per…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Evonik Industries AG (Essen, Germany; www.evonik.com) announced their intention to establish a joint venture (JV) for omega-3 fatty acid products from natural marine algae for animal nutrition. This breakthrough innovation will, for the…