Mobile Navigation

Latest News

McDermott awarded pre-FEED contract for low-carbon hydrogen project in Western Australia

McDermott International, Inc. (Houston) has been awarded a Pre Front-End Engineering Design (Pre-FEED) contract from Woodside Energy for the proposed H2Perth project located in the Kwinana/Rockingham area in Western Australia. Under the contract scope McDermott will provide pre-FEED services for…

Avient to divest its distribution business for $950 million

Avient Corp. (Cleveland, Ohio) announced it has entered into a definitive agreement to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, subject to regulatory approval. On April 20, 2022, the company announced it…

Nel to build a second electrolyzer production line at Herøya

Nel ASA has decided to build a new fully automated production line at Herøya in Norway, doubling its capacity for production of alkaline electrolyzer stacks to approximately 1 GW. “The expansion means that Nel is strengthening its position as a…

IOCL selects Toyo Engineering for two new refinery projects

Toyo Engineering India Pvt. Ltd., a wholly owned subsidiary of Toyo Engineering Corp., has been awarded two Engineering, Procurement, Construction and Commissioning (EPCC)  contracts by Indian Oil Corp. Ltd. (IOCL; New Delhi). The first EPCC contract is for a 3.6-million…

Wood awarded EPCM contract for e-waste recycling facility in Georgia

Wood plc (Aberdeen, Scotland) has secured a new contract to deliver engineering, procurement and construction management (EPCM) services for Igneo Technologies’ e-waste metals recovery facility to be built in Savannah, Georgia. A global leader in e-waste processing, Igneo Technologies provides…

SK Geo Centric and Weixing Chemical to construct new ethylene acrylic acid plant in China

SK Geo Centric plans to expand its business through a new production base in China, after securing its plants in the U.S. and Europe, to produce Ethylene Acrylic Acid (EAA), a high value-added chemical material. SK Geo Centric has signed…

Solenis to acquire Clearon Corp.

Solenis (Wilmington, Del.) and Clearon Corp. have announced that Solenis has entered into a definitive agreement to acquire Clearon. This acquisition will enable Solenis to expand its portfolio of products for the residential and commercial pool water and spa treatment…

BP sells stake in Toledo-based refinery to Cenovus

Bp plc (London) has reached an agreement to sell its 50% interest in the bp-Husky Toledo Refinery in Ohio to Cenovus Energy Inc., (Calgary, Canada), its joint venture partner in the facility.  Under the terms of the deal, Cenovus will…

Wood awarded EPCm contract for Ineos’ new petrochemicals complex in Antwerp

Wood plc (Aberdeen, Scotland) has secured a new contract with Ineos Ltd. (London) in excess of $100 million to deliver engineering, procurement, and construction management (EPCm) services for Project One, a new state-of-the-art petrochemicals complex in Antwerp, Belgium, which will…

Archroma to acquire Huntsman’s Textile Effects business

Archroma (Basel, Switzerland) has announced plans to acquire the Textile Effects business of Huntsman Corp. (The Woodlands, Tex.). The combined company will continue to lead the textile industry in sustainability, innovation, and performance offering fashion brands, automotive, technical and home…