Chemical Engineering
SLB to acquire oilfield technologies firm ChampionX
SLB (Houston) and ChampionX Corp. (The Woodlands, Tex.) announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. Under the terms of the agreement, ChampionX shareholders…
Next Wave Energy Partners announces commercial operations of new ethylene-to-alkylate production facility
Next Wave Energy Partners, LP (Houston) a portfolio company of Energy Capital Partners (ECP), announced that its alkylate production facility, known as Project Traveler and located adjacent to the Houston Ship Channel in Pasadena, Texas, has achieved commercial operations. “We…
Ineos completes acquisition of TotalEnergies’ petrochemical assets at Lavera, France
INEOS Ltd. (London) completed the acquisition of TotalEnergies’ 50% share of Naphtachimie (720,000-ton/yr steam cracker), Appryl (300,000-ton/yr polypropylene business), Gexaro (270,000-ton/yr aromatics business) and 3TC[1] (naphtha storage) announced on July 5th. These businesses have until today been joint ventures between…
Sabic Fujian Petrochemical to license Lummus ethylene and co-monomer technologies
Lummus Technology (Houston) announced that SABIC Fujian Petrochemical Co., Ltd.’s grassroots complex in Fujian Province, China, will leverage Lummus’ ethylene and co-monomer technologies. SABIC Fujian Petrochemicals Co., Ltd. is a joint venture between SABIC Industrial Investment Company (wholly owned by…
Resonac to expand production capacity for semiconductor materials
Resonac Corp. (Tokyo) has decided to increase its capacity to produce materials for high-performance semiconductor chips, which are to be used mainly as CPUs for artificial intelligence (AI), to 3.5 to 5 times of the current level. Resonac will increase…
McDermott reaches mechanical completion on Evonik’s biosurfactants project in Slovakia
McDermott International Inc. (Houston) announced mechanical completion of a pioneering industrial-scale biosurfactant plant for Evonik Industries AG (Essen, Germany). Less than two years from contract award, Evonik has achieved initial production of Rhamnolipids, a bacterial surfactant with the potential to…
LG Water Solutions awarded major SWRO membrane contract for world’s largest fertilizer momplex in Morocco
LG Water Solutions, LG Chem’s business unit specializing in water treatment and the manufacturer of NanoH2O reverse osmosis (RO) membranes, has secured a supply order of seawater RO (SWRO) membrane elements through a local EPC for an expansion of a…
BASF breaks ground on methyl glycols plant at Zhanjiang Verbund site in China
BASF SE (Ludwigshafen, Germany) has broken ground on a methyl glycols (MG) plant at its Verbund site in Zhanjiang, China. The new facility is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing…
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Disclosing climate risks
Last month, the U.S. Securities and Exchange Commission (SEC; www.sec.gov) finalized rules [1] that require registrants to disclose information about climate-related risks in their annual reports and registration statements. Recognizing that climate-related risks can affect a company’s business and financial…