McDermott International, Ltd (Houston) announced a contract award for the engineering, procurement, construction and commissioning (EPCC) of a new naptha hydrotreating unit and a new isomerization unit with associated facilities for the Barauni Refinery Expansion Project in Bihar, India, for…
Maire Tecnimont S.p.A. (Milan, Italy) announced that its subsidiaries Tecnimont Planung & Industrieanlagenbau GmbH and MT Russia LLC have been awarded by Kazanorgsintez PJSC (KOS) an EP contract (Engineering and Procurement) for the execution of a Low-Density Polyethylene (LDPE)/ Ethylene-Vinyl…
Wood plc (Aberdeen, Scotland) has launched a significant digitally-forward project with Röhm, a leading methacrylate manufacturer, where project work will be fully integrated with state-of-the-art technology solutions provided by AVEVA, a global leader in industrial software. Wood will deliver engineering,…
FLSmidth (Copenhagen, Denmark) and thyssenkrupp Industrial Solutions AG (Essen, Germany), a fully owned subsidiary of thyssenkrupp AG, have reached an agreement that FLSmidth will acquire thyssenkrupp’s Mining business1 (TK Mining) for a total consideration (enterprise value) of €325 million, corresponding…
BASF SE (Ludwigshafen, Germany) and SINOPEC (Beijing, China) will further expand their Verbund site operated by BASF-YPC Co., Ltd. (BASF-YPC), a 50-50 joint venture (JV) of both companies in Nanjing, China. It includes the capacity expansion of several downstream chemical…
Wood plc (Aberdeen, Scotland) has partnered with Nexus, LLC, a waste-to-virgin plastics company, to rapidly expand their commercial-scale production plant based in Atlanta, Georgia. The plant converts plastic waste into products that are then converted into virgin recycled-content plastics. The expansion of…
Reliance Industries Ltd. (RIL; Mumbai, India) is doubling its PET recycling capacity by setting up a recycled polyester staple fiber (PSF) manufacturing facility in Andhra Pradesh. As a part of this endeavor, Srichakra Ecotex India Pvt. Ltd. will build and…
Westlake Chemical Corp. (Houston) announced plans for one of its subsidiaries to acquire the parent company of Dimex LLC, from Grey Mountain Partners, a private equity firm. Based in Marietta, Ohio, Dimex produces a variety of consumer products made from…
Nouryon (Amsterdam, the Netherlands) has signed a five-year license agreement with Shaanxi Beiyuan Chemical Group Co., Ltd. (Beiyuan), a leading producer of polyvinyl chloride (PVC) in China. Under the agreement, Nouryon will license its innovative Continuous Initiator Dosing (CiD) technology…
LG Chem Ltd. (Seoul, South Korea) will expand its business portfolio by acquiring the separation membrane business of LG Electronics to become the world’s largest general battery materials company. LG Chem announced that it held a board of directors meeting…