Indian Oil Corporation Ltd. (IOCL; Mumbai) has selected Univation's UNIPOL PE Process Technology for a world-scale production line to be located at IOCL's Paradip Petrochemical Complex site in Paradip, India. The unit is designed to achieve a nameplate production capacity…
AdvanSix (Parsippany, New Jersey) announced that it has been awarded an approximately $12 million grant from the U.S. Department of Agriculture (USDA) through the Fertilizer Production Expansion Program (FPEP) supporting the expansion of innovative American fertilizer production strengthening domestic supply…
MAIRE S.p.A. (Milan) announced that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech, has been awarded by SOCAR two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil Refinery (HAOR) industrial complex in Baku, Azerbaijan. NextChem…
Saudi Arabian Mining Company (Ma’aden) has agreed to acquire SABIC’s 20.62% share in Aluminium Bahrain (ALBA), following the satisfaction of certain agreed conditions, as it continues to pursue regional growth opportunities across its business. The transaction is indicative of Ma’aden’s…
Clariant AG (Muttenz, Switzerland) announced that it has reached an agreement to divest its real estate property “Industrial Park Fechenheim,” Frankfurt am Main, Germany to the Lugman Group, a Frankfurt-based single-family office specialized in real estate, for €95 million in…
PT Inti Karya Persada Tehnik, a subsidiary of Toyo Engineering Corp. (Tokyo) in Indonesia has been awarded an EPC contract by PT. NIPPON SHOKUBAI INDONESIA, a subsidiary of Nippon Shokubai Ltd. (Tokyo) to expand the Super Absorbent Polymer (SAP) production…
Axens (Rueil-Malmaison, France) has been awarded an Engineering, Procurement and Fabrication contract by Shell Deutschland GmbH to supply Electrical Tubular Heater technology for Shell’s Base Oil Distillation Unit in Wesseling, Germany. While Shell Deutschland GmbH had earlier this year announced…
Siemens AG (Munich, Germany) and Australian company Next-Gen Energy Technology (Next-Gen) have signed a Memorandum of Understanding (MoU) to accelerate the development and manufacture of innovative materials for battery firming technology. The MoU will support Next-Gen’s efforts to establish the…
Covestro AG (Leverkusen, Germany) will start the construction of a new Thermoplastic Polyurethanes (TPU) APAC application development (AD) Center in Guangzhou in South China. It is the second investment announcement for TPU in quick succession: Just last year the company…
Worley Ltd. (North Sydney, Australia) announced that it will support Shell with two transformational projects — the upgrade program at its Energy and Chemicals Park Rheinland, converting the site into a base oil production unit; and enabling the production of…