Covestro AG (Leverkusen, Germany; www.covestro.com) accelerates its investment activities to capitalize on the strong methylene diphenyl diisocyanate (MDI) market growth. Today, the Supervisory Board of Covestro has approved an investment of around €1.5 billion to build a new world-scale MDI…
Dürr Systems AG (Bietigheim-Bissingen, Germany; www.durr.com) has completed the previously announced acquisition of the industrial environmental technology business of the U.S. company, Babcock & Wilcox Enterprises, Inc. (B&W; Barberton, Ohio; www.babcock.com) as of October, 5th, 2018. The transaction creates one…
Amin H. Nasser, president and CEO of Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) and Patrick Pouyanné, chairman and CEO of Total S.A. (Paris, France; www.total.com), signed today in Dhahran the joint development agreement for the front-end engineering and design (FEED)…
A much-anticipated report by the United Nation’s Intergovernmental Panel on Climate Change (www.ipcc.org) shows there is still a long way to go if we want to limit global temperature rise to 1.5°C and prevent dangerous warming. But the report also…
Wood plc. (London, U.K.; www.woodplc.com) has secured a new multi-million-dollar contract with Duqm Refinery and Petrochemicals Industries to provide two Terrace Wall double-fired delayed coker heaters at its petroleum refinery on the south eastern coast of the Sultanate of Oman.…
Nalco Water, the water-management business of Ecolab Inc. (St. Paul, Minn.; www.ecolab.com), has acquired ChemStaff, a privately held provider of strategic consulting and engineering solutions for the global power industry. The acquisition further strengthens Nalco Water’s solutions and services to…
Sumitomo Chemical Corp. (Tokyo; www.sumitomo-chem.co.jp) held a completion ceremony for its new production line for feed-additive methionine at its Ehime Works in Niihama City, Ehime Prefecture, Japan. The amount of investment in the new manufacturing facility represents one of the…
Hexpol AB (Malmö, Sweden; www.hexpol.com) completed the acquisition of 80% of the shares in MESGO Group, based in Italy, from the existing main owner Mr. Francesco Caldara and co-owners. MESGO Group is an industry leader in high-performance elastomers as fluorocarbons and…
McDermott International, Inc. (Houston; www.mcdermott.com) announced that it has been awarded a sizeable technology contract for Map Ta Phut Olefins Co., Ltd.'s (MOC) petrochemical plant in Rayong Province, Thailand. MOC is a joint venture company of SCG Chemicals Company Limited,…
Hexcel Corp. (Stamford, Conn.; www.hexcel.com) has officially opened its new plant at the Les Roches-Roussillon Chemicals Industry Platform in Isère, France. Attending the event were Muriel Pénicaud, French Labor Minister, Yannick Neuder, Vice-President of the Auvergne-Rhône-Alpes region for higher education,…