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Latest News: Business

BP Biofuels and Copersugar form ethanol JV in Brazil

BP Biofuels and Copersucar (www.copersucar.com.br.) announced that they have agreed to form a joint venture (JV) to own and operate a major ethanol storage terminal in Brazil, better and flexibly connecting ethanol production with the country’s main fuels markets. Copersucar…

Honeywell acquires fire and gas safety specialist SCAME Sistemi

Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that it has acquired privately held SCAME Sistemi, s.r.l., adding new fire and gas safety capabilities to Honeywell's industry-leading portfolio of Connected Building solutions. SCAME is a leading provider of all-in-one systems that deliver…

Lukoil moves forward with delayed coker complex at Nizhny Novgorod refinery

PJSC Lukoil (Moscow; www.lukoil.com) announces that the final investment decision on the delayed coker complex at Nizhny Novgorod refinery was taken. The complex includes the construction of the delayed coker unit itself, the diesel hydro treatment unit, the gas fractionation…

Umicore to sell its European Technical Materials business

Umicore N.V. (Brussels, Belgium; www.umicore.com) announced today that it has agreed to sell its European Technical Materials business to Saxonia Edelmetalle GmbH, a long-established German refiner and manufacturer of precious metal chemical compounds, semi-finished products and contact parts. The agreement…

Total completes upgrade of Its largest refining & petrochemicals platform in Europe

Total S.A. (Paris, France; www.total.com) has inaugurated the new units at its Antwerp, Belgium integrated petroleum-refining and petrochemicals platform, which have progressively started up in the last few months. This event marks the completion of the upgrade program launched in…

KBR awarded ammonia plant revamp in India

KBR, Inc. (Houston; www.kbr.com) has been awarded an ammonia plant revamp contract by Rashtriya Chemicals & Fertilizers Ltd (RCF). Under the terms of the contract, KBR will provide a technology license and basic engineering design for the RCF ammonia plant…

Sadara and Gulf Interchem to build chemical recycling plant at PlasChem Park

Sadara Chemical Co. (Jubail, Saudi Arabia; www.sadara.com) signed a Memorandum of Understanding (MOU) with Gulf Interchem, a Bahrain-based technology company focused on innovating in the field of low-value chemical byproduct recycling, for a by-products upgrade project based in PlasChem Park,…

Neste Jacobs to be renamed Neste Engineering Solutions

In September 2017, it was announced that Neste Corp. (Espoo, Finland; www.neste.com) had acquired Jacobs Engineering's 40% shareholding in Neste Jacobs Oy. After this transaction, Neste Jacobs Oy is now 100% owned by Neste Corporation. As the result of the…

thyssenkrupp to build two major polymer plants for SASA in Turkey

thyssenkrupp Industrial Solutions’ (Essen Germany; www.thyssenkrupp-industrial-solutions.com) subsidiary Uhde Inventa-Fischer has signed a contract to build two new world-scale polymer plants for SASA Polyester Sanayi A.Ş in Adana, Turkey. One plant is planned to produce 1,050 metric tons per day (380,000…

BASF opens world-scale chemical catalysts manufacturing plant in China

BASF SE (Ludwigshafen, Germany; www.basf.com ) today celebrated the official opening of its new, world-scale chemical catalysts manufacturing plant in Caojing, Shanghai, China. The new plant is BASF’s first chemical catalysts manufacturing facility in the Asia Pacific region. The BASF…