Siemens AG (Munich, Germany; www.siemens.com) is further building its Vision 2020 to shape Digital Industrial Enterprise by expanding its unique portfolio for industrial software. Siemens and Mentor Graphics (Wilsonville, Ore.; www.mentor.com) have entered into a merger agreement under which Siemens…
GTC Technology US LLC (Houston; www.gtctech.com) has signed an agreement with JG Summit Petrochemical Corp. (Mandaluyong City, Philippines; jgspetrochem.com) to provide its GT-BTX and GT-DWC licensed technologies for an aromatics extraction unit at JG Summit’s petrochemical complex in Batangas, the…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced that it has purchased the remaining 50% ownership interest in PPG Univer S.p.A from its joint-venture partner, Univer Italiana S.r.l. Financial terms were not disclosed. PPG Univer manufactures architectural and liquid industrial coatings…
Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that a subsidiary of PetroVietnam will use its new IIoT-based (industrial internet of things) Connected Performance Services (CPS) offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam. Binh Son…
The Dow Chemical Company (Midland, Mich.; www.dow.com) has awarded Veolia Water Technologies (Moon Township, Pa.; www.veoliawatertech.com) a contract for a total overhaul of the process-water treatment plant at Dow’sPittsburg Operations facility in California. The technologies chosen were Veolia’s proprietary Multiflofor…
HollyFrontier Corp. (Dallas, Tex.; www.hollyfrontier.com) announced it has entered into a definitive agreement to acquire Suncor Energy's Petro-Canada Lubricants business for CAD $1.125 billion (or approximately $845 million based on the exchange rate at time of signing), including working capital…
Chiyoda Corp. (Yokohama, Japan; www.chiyoda-corp.com) has concluded a technology license agreement with Larsen & Toubro Ltd. (L&T; Mumbai, India; www.larsentoubro.com) for provision of its proprietary Chiyoda Thoroughbred 121TM (the CT-121TM”) fluegas desulfurization (FGD) technology for promotion in the Indian market.…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A., in joint venture with China HuanQiu Contracting & Engineering Corporation Ltd. (HQC) – 65% Tecnimont / 35% HQC – has been awarded by PRPC Polymers Sdn Bhd (PRPC…
Wacker Chemie AG (Munich, Germany; www.wacker.com) officially started up its new pilot reactor for vinyl acetate-ethylene copolymer (VAE) dispersions at its Nanjing site (Jiangsu province) in China today. The new facility will allow Wacker to expand its local research and…
Siemens AG (Munich, Germany; www.siemens.com) and Bentley Systems (Exton, Pa.; www.bentley.com) announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business…