Wood plc (Aberdeen, Scotland) has secured two new contracts from Enter Engineering with a combined value of over $200 million, to deliver major capital investment projects in Uzbekistan. The first will see Wood’s Projects business deliver the full engineering scope,…
Merck KGaA (Darmstadt, Germany) announced the signing of a definitive agreement to acquire the chemical business of Mecaro Co. Ltd. (Mecaro), a Korea-based and publicly listed manufacturer of heater blocks and chemical precursors for semiconductors. The acquisition is part of…
Baker Hughes Co. (Houston) has announced an agreement to acquire Quest Integrity, a subsidiary of Team, Inc and a global leader in the development and delivery of technology-enabled asset inspection and reliability management solutions across the pipeline, refining, petrochemical and power…
The Coating Additives business line of Evonik Industries AG (Essen, Germany; www.evonik.com) is expanding the production capacity of its ACEMATT precipitated matting agents at its manufacturing facility in Taiwan. The significant capacity increase will help to meet the rising demand…
Baker Hughes (Houston; www.bakerhughes.com) has opened a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimization and faster delivery of fit-for-purpose chemical solutions. The facility, which spans approximately 40,000 square meters, will manufacture, store and distribute chemical solutions…
ABB Inc. (Zurich, Switzerland) signed an agreement to purchase Siemens’ low-voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management…
Eurotecnica (Milan, Italy), the technology arm of the Proman family of companies, a global leader in natural gas derived products and services, announced a contract award from Xinji Energy Chemical Co. Ltd. for the implementation of the largest high-pressure melamine…
Avient Corp. (Cleveland, Ohio) announced it has entered into a definitive agreement to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, subject to regulatory approval. On April 20, 2022, the company announced it…
Toyo Engineering India Pvt. Ltd., a wholly owned subsidiary of Toyo Engineering Corp., has been awarded two Engineering, Procurement, Construction and Commissioning (EPCC) contracts by Indian Oil Corp. Ltd. (IOCL; New Delhi). The first EPCC contract is for a 3.6-million…
SK Geo Centric plans to expand its business through a new production base in China, after securing its plants in the U.S. and Europe, to produce Ethylene Acrylic Acid (EAA), a high value-added chemical material. SK Geo Centric has signed…