JGC Corp. (Yokohama, Japan; www.jgc.com) and the National Institute of Advanced Industrial Science and Technology (AIST), under the auspices of the Cross Ministerial Strategic Innovation Promotion Program (SIP) Energy Carriers (Management Entity: JST), led by the Cabinet Office Council for…
Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) has entered into a definitive agreement to sell its Energy, Chemicals and Resources (ECR) segment to WorleyParsons Ltd- for $3.3 billion, consisting of $2.6 billion in cash and $700 million in WorleyParsons ordinary…
Wood plc (London, U.K.; www.woodplc.com) has been awarded a new contract by IRPC Plc for its Maximum Aromatics (MARS) project, leveraging its operations in the south east Asian oil and gas market. Wood will provide front end engineering design (FEED)…
KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract by Linggu Chemical Co. Ltd (Linggu) for an ammonia plant in Yixing City, Jiangsu Province in China. Under the terms of the contract, KBR will provide the technology…
Toray Industries, Inc. (Toyko; www.toray.com) announced its decision to establish a joint venture company in the Republic of Korea together with MCM Co., Ltd., a group company of the Chung Ho Nais Group, which is engaged in the sales of…
thyssenkrupp Industrial Solutions (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) announced that the world’s first commercial plant based on the company’s patented manufacturing process for the bioplastic polylactide (PLA) — the PLAneo technology — recently started production in Changchun, China. It is operated by…
Sustainable technology company Anellotech Inc. (Pearl River, N.Y.; www.anellotech.com) confirms significant progress in its Bio-TCat technology development program and has begun planning for scale-up design and engineering of a commercial plant with its process development and design partner IFPEN and…
McDermott International, Inc. (Houston; www.mcdermott.com) announced it has been awarded a significant contract by LUKOIL NizhegorodNefteorgSyntez, a subsidiary of JSC LUKOIL, for the engineering, procurement and construction (EPC) of the Delayed Coker Unit for the Deep Conversion Complex planned to…
Evonik Industries AG (Essen, Germany; www.evonik.com) has started up a precipitated silica plant for the tire industry in South Carolina. Evonik has invested about $120 million in this world-scale production plant, in response to the high demand from the tire…
The preliminary value for the August 2018 CE Plant Cost Index (CEPCI; top; most recent available) increased compared to the previous month’s value, continuing an upward trend that has been in place throughout 2018. The increase, however was driven by…