The Abu Dhabi National Oil Company (ADNOC; www.adnoc.com) unveiled plans to invest AED 165 billion ($45 billion) alongside partners, over the next five years, to become a leading global downstream player, enabling it to further stretch the value of every…
Indorama Ventures Public Company Limited (IVL; Bangkok, Thailand; www.indoramaventures.com) announced that it has entered into a definitive agreement to acquire a 65.72% stake in Avgol Industries 1953 Ltd., an Israel-listed global manufacturer, for a sum of $1.62 per share. Avgol…
The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) announced it has signed a project development agreement with Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) for a new, world-scale Linear Alkylbenzene (LAB) facility in ADNOC’s refining and petrochemicals complex…
As part of the comprehensive partnership announced in 2017, Total S.A. (Paris, France; www.total.com) has signed an agreement with Sonatrach (Algiers, Algeria; www.sonatrach.com) to launch the engineering studies for a petrochemical project in Arzew, western Algeria. The project includes a…
Following the agreement of the Algerian authorities and its Board of Directors, Sonatrach (Algiers, Algeria; www.sontrach.com) announced that it has signed an agreement with ESSO Italiana Srl, a wholly owned subsidiary of Exxon Mobil Corp. (Irving, Tex; www.exxonmobil.com) for the…
DuPont (Wilmington, Del.; www.dupont.com) announced that DuPont Transportation & Advanced Polymers (T&AP), a business unit of DowDuPont Specialty Products Division, purchased a new facility in Newark, Del., to manufacture DuPont Kalrez, a specialized engineered material used in a variety of…
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced it has completed the previously announced Eastman Tritan copolyester expansion at its Kingsport manufacturing site. The plant is now fully operational and is supplying product to customers. “We are excited to announce the…
KROHNE, Inc. (Peabody, Mass.; www.us.krohne.com) announced that its new state of the art flow and level instrument manufacturing and calibration facility, located in Beverly, Mass., opened on April 23, 2018. The operations expansion in North America represents the company’s long…
The Chemours Company (Wilmington, Del.; www.chemours.com) announced plans to spend over $100 million at its Fayetteville Works plant site in Fayetteville, North Carolina to improve air and wastewater emission control. The commitment includes investing in an array of emission control technologies, including a thermal oxidizer and a thermolysis reactor, as well as…
JGC Corp. (Yokohama, Japan; www.jgc.com) and S & B Engineers and Constructors, Ltd. have signed a framework agreement to form a strategic partnership to provide engineering, procurement, and construction (EPC) services for projects within the United States. Leveraging the experience…