HollyFrontier Corp. (Dallas, Tex.; www.hollyfrontier.com) announced that it has entered into a definitive agreement to acquire Red Giant Oil Co. Red Giant Oil, a private family-owned lubricants company founded in 1903, is one of the largest suppliers of locomotive engine…
Air Liquide (Paris, France; www.airliquide.com) has signed several new multi-year contracts worth a total of more than €50 million, and started supplying xenon and krypton since the beginning of 2018 to the semiconductor and the satellite industries in three regions:…
Solvay S.A. (Brussels, Belgium; www.solvay.com) announced a €48-million investment in the modernization of the gas cogeneration unit in its soda ash & bicarbonate plant based in Bernburg, Germany. This investment secures the longterm position of the site and increases its…
BASF SE (Ludwigshafen, Germany; www.basf.com) plans to increase the global production capacity for its antioxidant Irganox 1010 by 40% with production expansion projects at its sites in Jurong, Singapore, and Kaisten, Switzerland. With production in Kaisten coming online in 2019…
Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com) announced that, aligned with its strategy of consolidation in its core businesses, it has reached an agreement for the acquisition of Pemex's 44.09% share in Petroquímica Mexicana de Vinilo, S.A. de C.V. (PMV)…
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded a new three-year contract by NOVA Chemicals for continued engineering on the Corunna Cracker Expansion Project (Phase 3) in Ontario, Canada. This award follows WorleyParsons successful completion of services to Phase…
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp) announced plans to acquire the PT. ABC Plastindo (Tanggerang, Indonesia), a producer of polyvinyl chloride (PVC) compounds. MCC intends to acquire 100% of Plastindo’s shares from the founders in August 2018. Plastindo is engaged…
LanzaTech (Chicago, Ill.; www.lanzatech.com), Virgin Atlantic and partners are one step closer to building the world’s first large scale Alcohol to Jet (ATJ) facility producing commercial quantities of fuel in the U.K. The commercial facility would convert low carbon ethanol…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has opened a new coatings production facility in Kenya. Located in the capital, Nairobi, the long-term plan is to expand further and use Kenya as a gateway to the whole of East Africa. The site,…
Wood plc (Aberdeen, Scotland; www.woodplc.com) has secured a new multi-million dollar contract with Hyundai Engineering to provide detailed engineering services and material supply for a steam methane reformer, part of a new Wood-licensed hydrogen production unit for the Melaka Refinery…