Samsung E&A (Seoul, South Korea) announced that it held a groundbreaking ceremony for its Wabash Low-Carbon Ammonia Project on the 5th January. Held at the Hay Adams Hotel in Washington, D.C., the ceremony was attended by approximately 70 project and…
Syensqo S.A. (Brussels, Belgium) announced that it has completed the previously announced divestment of its Oil & Gas business unit to SNF Group (Andrézieux-Bouthéon, France) for an Enterprise Value of €135 million. Syensqo’s Oil & Gas Business Unit, a global…
Metso Corp. (Espoo, Finland) has successfully completed the divestment of its Ferrous business to SMS group, a global company providing technology and services in plant construction and mechanical engineering for the metals industry. The businesses divested include, for example, the travelling grate…
Phillips 66 Ltd. (Houston) has agreed to acquire Lindsey Oil Refinery assets and associated infrastructure pending completion subject to satisfaction of closing conditions, including customary regulatory clearances. The announcement follows a bidding process handled by FTI Consulting, who began serving…
Technip Energies (Paris) announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc. (Malvern, Pa.) , a global leader in specialty catalysts and advanced materials. This strategic transaction expands Technip Energies’ portfolio by…
As industries navigate a rapidly changing technological landscape, the need for efficient, sustainable and forward-thinking process solutions has never been greater. From optimizing production lines to reducing emissions and maximizing energy efficiency, the challenges facing manufacturing and processing sectors today…
Understanding both the limitations of process simulations and the assessments that can be performed to verify modeling results are important in the design and development of technical processes in many industries Chemical engineers routinely use process simulation software for design,…
An advanced membrane-chamber filter press improved material recovery and operating efficiency while lowering operating costs at a facility for the recycling of construction materials In today’s world, where resource conservation and sustainable practices are more important than ever, the RCO…
As connected devices and systems have become more advanced, engineers in turn have become savvier about the realities of a digitally connected enterprise, especially with regard to securing their operational technology (OT) systems. Even with globally increasing cybersecurity awareness, however,…
Combining microscopy and machine-learning techniques leads to faster, more precise analyses of critical coating materials When the SR-71 Blackbird aircraft was designed to soar at three times the speed of sound, engineers faced an extreme challenge: managing the heat generated…