Thermo Fisher Scientific Inc. (Waltham, Mass.; www.thermofisher.com) announced it has completed the acquisition of certain assets from EPTEK Technology Co. Ltd. and several related entities with offices in Taiwan and mainland China. The assets acquired include volatile organic compound…
TechnipFMC (Houston; www.technipfmc.com) announced that, jointly with Samsung Engineering and Tecnicas Reunidas, it has been awarded a $ 4.2 billion contract from Bahrain Petroleum Company (Bapco) for the Bapco Modernization Program (BMP). The project is located on Bahrain’s Eastern coast…
Atlas Copco, a leading provider of sustainable productivity solutions, has agreed to acquire the assets of Cate Drilling Solutions LLC., a U.S. company that distributes and services Atlas Copco drilling equipment and components. The company also announced an agreement to…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) and GE Aviation opened a new facility for their PG Technologies business, which specializes in advanced coatings that enable jet engines to withstand higher temperatures and stresses. PG Technologies is a joint venture between Praxair…
BP Biofuels and Copersucar (www.copersucar.com.br.) announced that they have agreed to form a joint venture (JV) to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with the country’s main fuels markets. Copersucar…
Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that it has acquired privately held SCAME Sistemi, s.r.l., adding new fire and gas safety capabilities to Honeywell's industry-leading portfolio of Connected Building solutions. SCAME is a leading provider of all-in-one systems that deliver…
PJSC Lukoil (Moscow; www.lukoil.com) announces that the final investment decision on the delayed coker complex at Nizhny Novgorod refinery was taken. The complex includes the construction of the delayed coker unit itself, the diesel hydro treatment unit, the gas fractionation…
Umicore N.V. (Brussels, Belgium; www.umicore.com) announced today that it has agreed to sell its European Technical Materials business to Saxonia Edelmetalle GmbH, a long-established German refiner and manufacturer of precious metal chemical compounds, semi-finished products and contact parts. The agreement…
Sadara Chemical Co. (Jubail, Saudi Arabia; www.sadara.com) signed a Memorandum of Understanding (MOU) with Gulf Interchem, a Bahrain-based technology company focused on innovating in the field of low-value chemical byproduct recycling, for a by-products upgrade project based in PlasChem Park,…
In September 2017, it was announced that Neste Corp. (Espoo, Finland; www.neste.com) had acquired Jacobs Engineering's 40% shareholding in Neste Jacobs Oy. After this transaction, Neste Jacobs Oy is now 100% owned by Neste Corporation. As the result of the…