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…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain) has intensified its commitment to innovation, safety and sustainability by launching operations at the first European chemical plant to use Detal technology in San Roque (Cádiz). It is also the first Linear…
Trinseo (Berwyn, Pa.) has entered into a definitive agreement to sell its synthetic rubber business based in Schkopau, Germany to Synthos S.A. (Oswiecim, Poland) and its affiliates for an enterprise value of approximately $491 million, comprised of $449.4 million of…
BASF SE (Ludwigshafen, Germany) and Shanshan, a leading lithium-ion battery materials supplier serving both the e-mobility and the consumer electronics (CE) market, have agreed to form a BASF majority-owned joint venture (BASF: 51%; Shanshan: 49%) to produce cathode active materials…
Doosan Heavy Industries & Construction (Changwon, South Korea) announced successive project wins recorded in the European Waste-to-Energy (WtE) plant sector. Doosan Lentjes, Doosan Heavy’s subsidiary in Germany, recently signed a supplier agreement together with the Korean EPC contractor Posco Engineering…