ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000 barrels per day. The…
Saint-Gobain (Paris, France; www.saint-gobain.com) has opened a new flat glass production line (float) located in Sriperumbudur, near Chennai, India, at a ceremony attended by Pierre-André de Chalendar, Chairman and CEO of Compagnie de Saint-Gobain. This new state-of-the-art facility was built…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) and Cosmo Energy Group (Tokyo; www.ceh.cosmo-oil.co.jp) signed a memorandum of understanding (MOU) to study new business opportunities in the lubricants market, both in Spain and Japan and internationally. The agreement covers…
Avantium (Amsterdam, the Netherlands; www.avantium.com) announced that it has retaken full ownership of its YXY plants-to-plastics technology through the purchase of BASF’s shares in the Synvina joint venture. Avantium has appointed Marcel Lubben as Managing Director of Synvina to lead…
Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com), through its wholly-owned subsidiary Saudi Aramco Technologies, signed a Joint Development and Collaboration Agreement (JDCA) with Axens (Rueill-Malmaison, France; www.axens.net) and TechnipFMC (Houston; www.technipfmc.com) to accelerate the development and commercialization of the company’s Catalytic…
Rockwell Automation Inc. (Milwaukee, Wisc.; www.rockwellautomation.com) has acquired Emulate3D, an engineering software developer whose products digitally simulate and emulate industrial automation systems located in Reading, U.K. By using accurate simulation models to improve systems planning and decision-making, followed by emulation…
Celanese Corp. (Dallas, Tex.; www.celanese.com) announced that it will initiate the reconfiguration of its global acetic acid production network through multiple value-creation steps. Celanese recently announced the planned acquisition of the carbon monoxide production unit from Linde PLC, located at…
Entegris, Inc. (Billerica, Mass.; www.entegris.com) and Versum Materials, Inc. (Tempe, Ariz.; www.versummaterials.com) announced that they have agreed to combine in a merger of equals. The combined company will be a premier specialty materials company for the semiconductor and other high-tech…
Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed two new strategic equity partnerships with Eni S.p.A. (Rome, Italy; www.eni.com) and OMV (Vienna, Austria; www.omv.com) covering both ADNOC Refining and a new trading joint venture (JV), which will be jointly established…