Latest News
Green hydrogen and methanol project announced in Iceland
Icelandic utility company HS Orka and Hydrogen Ventures Ltd. (H2V; London) have announced plans to develop a production plant for green methanol using green hydrogen to power the marine sector, as well as domestic and commercial vehicles such as cars,…
Sumitomo Rubber pilots hydrogen-powered tire manufacturing
Sumitomo Rubber Industries, Ltd. is pleased to announce that, with the backing and support of the New Energy and Industrial Technology Development Organization (NEDO, a national research and development agency), the company’s major tire factory in the City of Shirakawa…
McDermott wins EPCC contract for IOCL’s Barauni Refinery expansion
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 awarded €130-million contract for new LDPE/EVA plant in Kazan
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 wins EPCM contract for Röhm’s new MMA plant in Texas
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 acquires thyssenkrupp’s Mining business for €325 million
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 and Sinopec to further expand JV site in Nanjing
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 and Nexus partner to expand plastic-waste conversion plant
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 to double PET recycling capacity
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 to acquire recycled-materials producer Dimex
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…