Econotherm (Bridgend, U.K.; www.econotherm.co.uk) announced that it has been awarded a contract to supply a heat pipe-based fired heater air-preheater to a major refiner in Thailand. The 6.6 MW unit will be delivered in 2027 and the proprietary heat pipe…
Datacor, Inc. (Florham Park, NJ) announced the acquisition of GoldSim Technology Group, a developer of dynamic simulation software used to model and analyze complex systems under uncertainty. The acquisition deepens Datacor's engineering simulation portfolio, which includes CHEMCAD chemical process simulation…
KBR, Inc. (Houston) has been selected to deliver the Front-End Engineering Design (FEED) for the groundbreaking EcoLog Terminal in Amsterdam, the world’s first commercial‑scale facility designed to import liquid hydrogen (LH₂) and export liquid CO₂ (LCO₂). The terminal, now under…
Technip Energies (Paris) has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, a synthetic aviation fuel (eSAF) plant located in Rouen, France. This investment demonstrates Technip Energies’ support for this major industrial…
Huntsman Corp. (The Woodlands, Tex.) announced the grand opening of its expanded Performance Products manufacturing facility in Petfurdo, Hungary, where operations were initiated at the beginning of this year. The successful completion of this investment increases Huntsman's global capacity providing…
ICL Ltd. (Tel Aviv, Israel) announced the opening of a new specialty fertilizer production facility in Maharashtra, India. The launch comes at a critical time for India, which relies heavily on fertilizer imports and is now facing supply disruptions due…
Ecolab Inc. (St. Paul, Minn.) announced that it has entered into a definitive agreement to acquire CoolIT Systems, a high-growth, high-margin leader in liquid cooling technology for next-gen AI data centers. CoolIT is expected to generate approximately $550 million in…
BASF SE (Ludwigshafen, Germany) started up the world’s first production plant for catalysts based on X3D® technology at its Ludwigshafen site. With the commissioning of this facility, BASF is scaling the additive manufacturing of catalysts to an industrial level and…
Bp plc (London) reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner. The transaction represents another significant milestone in bp’s acceleration of its strategy, including simplifying the portfolio, strengthening the balance…
The preliminary value for the CE Plant Cost Index (CEPCI) for January 2026 (most recent available) rose slightly compared to the previous month’s value. The first data from 2026 seem to indicate that inflationary pressures are still being felt. The…