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New urea plant slated for Talcher Fertilizers in India

Stamicarbon BV (Sittard, the Netherlands; www.stamicarbon.com), the innovation and license company of Maire Tecnimont Group (www.mairetecnimont.com), will license technology for a grassroots urea plant for Talcher Fertilizers Ltd. in India. The new ammonia and urea complex will be a modern…

Chemical Activity Barometer rose in January, ACC says

The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), jumped 0.6 percent in January on a three-month moving average (3MMA) basis, following a 0.1 percent gain in December. On a…

Saipem tests a new technology for the disposal and reuse of plastic waste

Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) signed a license agreement with ITEA S.p.A, an Italian company that owns the patent for application of a new plastics recycling technology. Originally designed for applications in the oil & gas sector, the…

ExxonMobil selects HUVRdata to digitize drone inspections and reporting

HUVRdata (Austin, Tex.; www.huvrdata.com) has been selected by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) to support drone-based inspections and reporting. Over the past 2 years, HUVRData and ExxonMobil have collaborated to put in place a global Digital Reporting and Analytics platform…

Mitsubishi Chemical acquires German carbon-fiber manufacturer

Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp/) announced that it will acquire a German manufacturer of carbon-fiber prepreg materials,  c-m-p GmbH (Heinsberg, Germany) through its subsidiary, Mitsubishi Chemical Advanced Material, in a move to strengthen its presence in the carbon-fiber composite…

McDermott to sell Lummus Technology amidst major restructuring

As part of a major restructuring program, subsidiaries of McDermott International, Inc. (Houston; www.mcdermott.com) have entered into a share and asset purchase agreement with a joint partnership between The Chatterjee Group and Rhône Group (the Joint Partnership) pursuant to which…

Masdar and Cepsa announce JV focused on renewable projects in Spain and Portugal

Renewable energy company Masdar (Abu Dhabi; www.masdar.ae) and Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) announced an agreement to establish a joint venture company to develop renewable energy projects in Spain and Portugal.  The 50:50 venture was announced…

New Sales Manager for centrifugal pump manufacturer Bungartz

The continued significant increase in demand for individual pump solutions designed by manufacturer Paul Bungartz GmbH & Co KG (Düsseldorf, Germany; www.bungartz.de) requires a reorientation of its sales department. “With Mr Lempert, we are pleased to have found a head…

BASF invests in capacity expansion for methane sulfonic acid

As already announced at the end of 2018, BASF SE (Ludwigshafen, Germany; www.basf.com) will proceed with expanding global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. This involves a higher double-digit-million euro investment in constructing a…

Total to develop Qatar’s First Large-Scale Solar Plant

Total S.A. (Paris, France; www.total.com) as entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, a 800 megawatt-peak (MWp) solar plant that will be located 80 km west of Doha, Qatar. The project was awarded…