IDEC Corp. (Osaka, Japan; www.idec.com), a leading manufacturer of industrial automation and control devices, announces the recent acquisition of APEM (www.apem.com). Together, IDEC and APEM are now one of the world’s largest manufacturers of human machine interface (HMI) components, panels…
Air Liquide (Paris, France; www.airliquide.com) and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a longterm agreement for the supply of nitrogen to the Liwa Plastics Industries Complex (LPIC), a new plastics production complex that…
Victrex plc (Thornton Cleveleys, U.K.; www.victrex.com) announced that it has acquired Zyex (Stonehouse, U.K.), a recognized global leader in the manufacture of PEEK (polyetheretherketone) based fibers, principally for the aerospace, automotive, and industrial markets. The move further enables Victrex to…
Atlas Copco (Stockholm, Sweden; www.atlascopco.com) has agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. Pressure Compressores is based in Maringá in the state of Parana, Brazil. The company offers a broad range of piston…
ExxonMobil Chemical Co. (www.exxonmobilchemical.com), a division of Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com), recently announced that it is expanding the capacity of its global hydrocarbon fluid assets by more than 250,000 metric tons per year (m.t./yr) at its world-scale petrochemical…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) has completed a revamping project to expand production at its Deten Química plant in Brazil. The revamping process allows it to increase the plant’s production capacity up to 260,000 metric tons…
GEA AG (Düsseldorf, Germany; www.gea.com) is reaching new horizons with several state-of-the-art projects in the oil-and-gas market. Expanded and strong global presence of GEA in this industry secured larger orders in the double-digit million Euro range in total in Oman,…
Butamax Advanced Biofuels LLC (www.butamax.com), a 50/50 joint venture (JV) between BP plc (London, U.K.; www.bp.com) and DuPont (Wilmington, Del.; www.dupont.com) formed to develop and commercialize bio-isobutanol as a next-generation renewable biofuel and chemical product, announced the acquisition of Nesika…
Flowserve Corp. (Dallas, Tex.; www.flowserve.com) announced it has entered into a conditional sale and purchase agreement to sell its Gestra AG business unit to Spirax-Sarco Engineering plc, for an enterprise value of €186 million. In addition to the product’s core…
CB&I (The Woodlands, Tex.; www.cbi.com) announced it has signed a strategic alliance with Jinzhou Port Co., Ltd. (Jingang) to become the master licensor for an integrated refining and petrochemicals project in Jinzhou City, China. The alliance includes the exclusive license,…