HollyFrontier Corp. (Dallas, Tex.; www.hollyfrontier.com) announced that its subsidiaries have completed the previously announced acquisition of Sonneborn US Holdings Inc. and Sonneborn Coӧperatief U.A. (collectively Sonneborn) for $655 million, including working capital with an estimated value of $72 million. HollyFrontier…
Air Liquide (Paris, France; www.airliquide.com) announced that Airgas has signed a definitive agreement to acquire TA Corporate Holdings, Inc. (Tech Air), a large independent distributor of industrial gases and welding supplies serving various geographies in the United States. This transaction,…
KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract by SATORP (a joint venture between Saudi Aramco and Total) to debottleneck Train 2 of its existing 440,000 barrels per day refinery in Jubail, Kingdom of Saudi Arabia…
Univation Technologies, LLC (Houston; www.univation.com) has signed an agreement to license UNIPOL PE Technology to LG Chem., Ltd. (LGC) for two polyethylene plants to be built at LG Chem’s petrochemical site in Yeosu, Korea. Each plant’s nameplate capacity will be…
Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) with its partner Total S.A. (Paris, France; www.total.com) announced the signing of a Memorandum of Understanding (MoU) with Daelim (Seoul, South Korea; www.daelim.co.kr/). Under the MoU, Daelim is planning to build a new 80,000-ton…
Chevron U.S.A. Inc. (CUSA), a wholly owned subsidiary of Chevron Corp. (San Ramon, Calif.; www.chevron.com), announced that it has signed a Share Purchase Agreement with Petrobras America Inc. (Petrobras) to acquire all the outstanding shares and equity interests of Pasadena…
Invista (Wichita, Kan.; www.invista.com) has completed the previously announced sale of its Apparel & Advanced Textiles business to an affiliate of Shandong Ruyi Investment Holding.The transaction includes: The Apparel & Advanced Textiles business’s portfolio of apparel-focused fibers and brands, including…
Last month, almost 30 global companies announced the formation of an alliance to address the impact that plastic waste is having on our environment, with particular focus on our oceans. The Alliance to End Plastic Waste (AEPW; www.endplasticwaste.org) has committed…
Queensland Pacific Metals (Brisbane, Australia), a subsidiary of Pure Minerals (Perth, Australia; www.pureminerals.com.au) will use Direct Nickel Projects’ (Perth, Australia) proprietary technology to process New Caledonian nickel and cobalt ore, following favorable test results. Core Metallurgy (Brisbane, Australia) has assessed…
The research group of professor Osamu Ishitani at the Tokyo Institute of Technology (Japan; www.titech.ac.jp), in collaboration with the Institute of Advanced Industrial Science and Technology (AIST), has successfully demonstrated highly efficient, selective and durable photocatalytic CO2-reduction systems that only…