SUEZ (Paris, France; www.suez-environnement.fr) and Canadian institutional fund manager Caisse de dépôt et placement du Québec (CDPQ) announced that they have entered into an agreement with General Electric Co. (www.ge.com) to acquire its Water & Process Technologies business (GE Water;…
Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) is expanding its manufacturing capacity along the U.S. Gulf Coast through planned investments of $20 billion over a 10-year period, Darren Woods, chairman and chief executive officer, said Monday. The projects, at 11 proposed…
GE Power (Schenectady, N.Y.; www.ge.com) and Caithness Energy (New York, N.Y.; www.caithnessenergy.com) today announced an exclusive agreement with the intent to pursue development of multiple new HA combined-cycle power plants in the United States. The equipment package that GE will…
Messer Group (Bad Soden, Germany; www.messergroup.com) opened its biggest CO2 recovery plant on the globe in Nanjing, China. This plant makes Messer China’s largest CO2 provider, according to the company. The plant has a capacity of 150,000 metric tone per…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Evonik Industries AG (Essen, Germany; www.evonik.com) announced their intention to establish a joint venture (JV) for omega-3 fatty acid products from natural marine algae for animal nutrition. This breakthrough innovation will, for the…
Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding the capacity of its silicon-metal site at Holla in Norway. The Munich-based chemical group is constructing an additional plant there, with world-scale annual capacity. Capital expenditures of around €85 million are budgeted…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) announced the award of a five-year global Enterprise Framework Agreement (EFA) with Shell Global Solutions International, B.V. to provide engineering, procurement and construction management (EPCM) services for its downstream projects worldwide. The award marks…
Evonik Industries AG (Essen, Germany; www.evonik.com) and Forward Engineering have established the joint venture Vestaro GmbH. With this project, the two companies intend to drive forward the implementation of composite solutions for the industrial mass production of fiber-composite components for…
Royal Dutch Shell plc (The Hague, the Netherlands; www.shell.com) announced the signing of binding definitive agreements between SOPC Holdings East LLC (a U.S. downstream subsidiary of Shell) and Saudi Refining Inc. (SRI) (a wholly owned subsidiary of Saudi Arabian Oil…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) has formalized the purchase offer for Abengoa’s biofuels plant in San Roque (Cádiz). The process concluded with Abengoa’s acceptance of Cepsa’s 8-million euro binding offer for the total purchase of the…