Qatargas Operating Company Ltd. (Qatargas; Doha, Qatar), acting on behalf of Qatar Petroleum, and BASF SE (Ludwigshafen, Germany; www.basf.com) have signed a technology license agreement for the North Field Expansion Project in Qatar. Under the agreement, BASF is providing two…
TEC Project Services Corp. (TPS), a domestic subsidiary of Toyo Engineering Corp. (Chiba, Japan; www.toyo-eng.com) was awarded a propylene splitter project from Maruzen Petrochemical Co., Ltd. to produce a high-grade product at Chiba Plant. TPS is in charge of detailed…
The Wacker Group (Munich, Germany; www.wacker.com) opened a new competence center for cement and concrete applications in Shanghai, China. The laboratory will develop novel silicone-based products and solutions that are able to improve the performance of cement and concrete and…
MOL Group (Budapest, Hungary; www.molgroup.info) announced that it has signed a sales-purchase agreement to acquire Aurora Kunststoffe GmbH, a recycled plastic compounder with production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany. Aurora is a medium-size…
BP plc (London; www.bp.com), Nouryon (formerly AkzoNobel Specialty Chemicals) and the Port of Rotterdam have joined forces to explore the opportunity of making ‘green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for…
The Saudi Arabian Oil Company (Saudi Aramco; Dhahran; www.saudiaramco.com) and Hyundai Heavy Industries Holdings announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17% stake in South Korea's Hyundai Oilbank,…
Merck KGaA (Darmstadt, Germany; www.merck.com) has signed a definitive agreement to acquire Versum Materials, Inc. for $53 per share in cash. The business combination has been unanimously approved by the Executive Board of Merck KGaA, Darmstadt, Germany and by Versum’s…
INEOS Styrolution (Frankfurt, Germany; www.ineos-styrolution.com) is planning to set up a new production site for its StyLight composite product based on styrene acrylonitrile (SAN). The establishment of a new production site reflects growing customer demand for the product. The SAN-based…
Aker Solutions ASA (Lysaker, Norway; www.akersolutions.com) has signed an agreement for delivery of carbon capture and liquefaction units at Twence's waste-to-energy plant in Hengelo in the Netherlands. The solution that will capture Twence's CO2 emissions is called Just Catch, a…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) announced that it will reduce its CO2 emissions at its vitamin production facility in Sisseln, Switzerland, by 50,000 tons/year through a newly opened biomass heat and power plant on the site. The power plant…