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Chemical Engineering

MATRIC acquired by AVN Corp.

AVN Corp. (South Charleston, W.V.) announced it has completed the transaction to acquire Mid-Atlantic Technology & Innovation Center (MATRIC), a strategic research and development (R&D) partner for companies in the chemicals and advanced software technologies industries. AVN acquired all of…

Lukoil announces sale of petrochemicals and refining business in Italy

PJSC Lukoil (Moscow, Russia) announced that Litasco S.A., a 100% subsidiary of Lukoil, and G.O.I. Energy Ltd. reached an agreement regarding the sale of ISAB S.r.L to G.O.I. ENERGY. The transaction is planned to be completed by the end of…

De Nora announces major ozone-plant project in Bahrain

De Nora S.p.A (Milan, Italy), a global provider in sustainable water treatment solutions, will join phase four of the Tubli Sewage Treatment Plant expansion, announcing plans for one of the largest public sector ozone plants to be built in the…

Samsung Engineering awarded contract for Ras Laffan Petrochemicals ethylene unit in Qatar

Samsung Engineering (Seoul, South Korea) announced that it was awarded a contract for an ethylene unit and its utilities for the Ras Laffan Petrochemicals Project (RLPP) in Qatar. The Letter of Award (LoA) of the petrochemical plant, which will be…

Phillips 66 to acquire all shares of DCP Midstream

Phillips 66 (Houston) and DCP Midstream, LP (Denver, Colo.) announced that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for…

Fluor wins EPCM contract for gold-copper mining project in Greece

Fluor Corp. (Irving, Tex.) was selected by Hellas Gold Single Member S.A., a wholly-owned subsidiary of Eldorado Gold Corp., to provide engineering, procurement and construction management (EPCM) services for its Skouries gold-copper mining project located within the Halkidiki Peninsula of…

Technip Energies awarded framework contract by Kuwait Oil. Co.

Technip Energies (Paris) has been awarded a large contract for Project Management Consultancy (PMC) by Kuwait Oil Company (KOC). The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects. This contract…

Linde acquires U.S.-based gas distributor nexAir

Linde plc (Guildford, U.K.) has acquired the remaining interests in nexAir, LLC, one of the largest independent packaged gas distributors in the United States with 2022 sales of approximately $400 million. Linde’s wholly owned subsidiary Linde Gas & Equipment Inc.…

Prayon finalizes acquisition of Febex phosphoric acid business from Arkema

Prayon S.A. (Engis, Belgium) announced the successful acquisition from Arkema SA (Colombes, France) of its shares in Febex, the European market leader for phosphoric acid in the electronics industry. With 97% of the shares held, Prayon becomes the majority shareholder…

Braskem bolsters 3D-printing portfolio with taulman3D acquisition

Braskem S.A. (São Paulo, Brazil;) announced the acquisition of taulman3D, a leading 3D filament supplier of nylon, recycled PETG, and PET filaments to aerospace, automotive, healthcare, industrial, government and higher education professionals worldwide. The acquisition of taulman3D is a perfect…