Axens (Rueil-Malmaison, France; www.axens.net) has been awarded several contracts for the expansion of the existing residue conversion facilities at S-Oil’s (www.s-oil.com) Onsan refinery in South Korea. The Residue Upgrading Complex Project (RUCP) is aimed at reducing fuel oil production…
Flowrox Oy (Lappeenranta, Finland; www.flowrox.com) has introduced Jukka Koskela as its new chief executive officer (CEO). Following a successful career in the energy industry spanning five years, Koskela brings to Flowrox a wealth of experience and knowledge in global product…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) has announced that its subsidiary KT – Kinetics Technology S.p.A. has been awarded an EPC contract by Lotos Asfalt Sp. z o. o., a subsidiary of Grupa LOTOS SA related to a refinery-unit upgrading…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced that Steven J. Demetriou has been named president and chief executive officer (CEO). Demetriou will also be elected to the Board. Demetriou brings over 30 years of global business leadership experience to…
ThyssenKrupp Industrial Solutions AG (Dortmund, Germany; www.thyssenkrupp-industrial-solutions.com), the plant engineering and construction specialist of the ThyssenKrupp Group, has received a contract from Apatit, a subsidiary of the leading Russian fertilizer producer PhosAgro, to supply a complete in-pit crushing and…
Platform Specialty Products Corp. (West Palm Beach, Fla.; www.platformspecialtyproducts.com) and Alent plc (Woking, U.K.; www.alent.com) announced the terms of a recommended offer by Platform to acquire all of the issued and outstanding shares of Alent in a cash and stock…
The Organization for Economic Cooperation and Development (OECD; Paris; www.oecd.org) recently released its composite leading indicator (CLI) for May, and it shows that 16 of the 33 major nations experienced a gain in their CLI, according to the latest Weekly…
Solvay S.A. (Brussels, Belgium; www.solvay.com) inaugurated its new large-scale alkoxylation plant in Singapore, the largest plant of its kind in Asia, as part of its global strategy to expand the growth of its specialty surfactants in the region. The nearly…
Asahi Kasei Chemicals Corp. (Tokyo, Japan; www.asahi-kasei.co.jp) will increase annual production capacity for hydrogenated styrenic thermoplastic elastomer (SEBS) by 30% at its Kawasaki Works site in Kanagawa, Japan, with startup scheduled for June 2016. The expansion of performance polymer operations…
The investment committee of Sibur (Moscow; www.sibur.com) has approved the expansion of a facility that processes raw natural-gas liquids (raw NGL) at the Tobolsk production site. This expansion project is expected to increase the site's capacity from 6.6 million metric…