Celanese Corp. (Dallas, Tex.; www.celanese.com) announced a capital-efficient debottlenecking project for its polyoxymethylene (POM) production unit at the Industriepark Höchst (IPH) facility in Frankfurt, Germany to support the continued growth of its global engineered materials business. “Celanese continues to exhibit…
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.com), together with China National Chemical Engineering No.7 Construction Co., Ltd., have signed a fertilizer plant construction project for Bangladesh Chemical Industries Corp., an organization owned by the Bangladesh government. This will be…
On 16 October, China National Offshore Oil Corp. (CNOOC; Beijing, China; www.cnooc.com.cn) and Shell International Petroleum Company Ltd. (Shell; London, U.K. and The Hague, the Netherlands; www.shell.com) signed a memorandum of understanding (MOU) to explore their existing collaboration and the…
The State Oil Company of Azerbaijan Republic (SOCAR; www.socar.az) , the largest direct foreign investor in Turkey, launched its $6.3-billion SOCAR Turkey Aegean Refinery (STAR Refinery), which will provide a large portion of oil products demand in the local market…
TechnipFMC (Houston; www.technipfmc.com) recently announced the completion of construction of a new ammonia production unit called “Ammonia 4”, executed for Duslo a.s, part of the Agrofert group. The plant successfully passed performance tests in July. This new unit operates in…
Samsung Engineering (Seoul; www.samsungengineering.com) signed an approximately $4-billion contract for the Thai Oil Public Company Limited’s (Thai Oil) Clean Fuel Project (CFP) in Thailand. The order was received with Petrofac Limited (Petrofac) as leader and Saipem S.p.A. (Saipem) as consortium…
Pöyry (Helsinki, Finland; www.poyry.com) and Infosys Ltd. (Bengaluru, Karnataka, India; www.infosys.com) today announced the release of Krti 4.0 Artificial Intelligence (AI) Framework for Operational Excellence. The framework overcomes some complex and expensive lifecycle management challenges faced by industry, utilities and…
BASF SE (Ludwigshafen, Germany; www.basf.com) has selected Harjavalta, Finland, as the first location for battery materials production serving the European automotive market. The plant will be constructed adjacent to the nickel and cobalt refinery owned by Norilsk Nickel (Nornickel: Moscow,…
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…