Nacero (Houston) has awarded Bechtel (Reston, Va.) the Front-End Engineering and Design (FEED) contract for the first natural gas-to-gasoline manufacturing facility in the United States. Nacero's 115,000 barrel per day plant in Penwell, Texas, near Odessa in the heart of…
Dow, LyondellBasell (Rotterdam, the Netherlands) and NOVA Chemicals Corp. (Calgary, Alberta, Canada) announced the establishment of the Closed Loop Circular Plastics Fund to invest in scalable recycling technologies, equipment upgrades and infrastructure solutions. The Fund, managed by Closed Loop Partners,…
Johnson Matthey plc (JM; London) announced a Memorandum of Understanding with Plug Power (Latham, N.Y.), a leading provider of turnkey green hydrogen solutions. Under the MoU the companies will develop a roadmap to accelerate the joint development of high-performance electrolyzer…
Saint-Gobain (Courbevoie, France) has inaugurated a new plant for the production of advanced solutions for the construction market in Singapore and Malaysia. The new plant is located in the State of Johor, in the south of Malaysia. The new installation,…
Shell Oil Company, a subsidiary of Royal Dutch Shell plc (The Hague, the Netherlands), has reached an agreement for the sale of its interest in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I.…
Lummus Technology (Houston) announced an award for its butadiene extraction (BDE) technology from Korea Petrochemical Ind. Co., Ltd. (KPIC). The BDE unit will be part of KPIC's Onsan Chemical Plant in Ulsan, Republic of Korea. "With this award, KPIC is…
Technip Energies (Paris) has been awarded two contracts by Neste Corp. (Espoo, Finland) for work on the development of their renewables production platform in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Neste and Technip Energies. The…
The U.S. Department of Energy's (DOE) Hydrogen and Fuel Cell Technologies Office (HFTO) within the Office of Energy Efficiency and Renewable Energy (EERE) recently awarded The Lubrizol Corp. (Cleveland, Ohio) $1 million to develop enhanced membranes for heavy-duty fuel cell…
PKN Orlen (Płock, Poland) is investing in the expansion of the Olefins Complex at the Płock Production Plant. It is the key project in the strategic Petrochemical Development Program and the largest petrochemical investment project in Europe in the last…
Saint-Gobain (Courbevoie, France) has entered into an agreement to acquire Chryso, a leading global player in the construction chemicals market providing differentiated and innovative solutions, from funds advised by Cinven, the international private equity firm. Chryso provides comprehensive additives solutions…