Mobile Navigation

Latest News

Amec Foster Wheeler wins five-year EPCM agreement for Shell downstream projects

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 and Forward Engineering announce formation of composites JV

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…

Shell and Saudi Aramco sign agreement for separation of Motiva JV

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…

Cepsa finalizes acquisition of Abengoa biofuels plant

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…

Yara acquires Herøya industrial site from Norsk Hydro

Norsk Hydro ASA (Oslo, Norway; www.hydro.com) has entered into an agreement with Yara International ASA (Oslo, Norway; www.yara.com) regarding the sale of Herøya Nett AS and the quay facility at Herøya Industrial park. The transfer, including around 30 employees, will…

Perstorp sells its Belgian site with its coating additives activities to Synthomer

Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) today announces the sale of its additives activities primarily serving the paints and coatings industry produced at its facility at Gent Belgium, Perstorp Oxo Belgium AB to Synthomer plc. The total consideration for the…

Praxair receives grant from European Commission for emissions reduction project

Praxair, Inc. (Danbury, Conn.; www.praxair.com) and its customer Libbey Inc. have been awarded a 2.3 million euro LIFE grant (LIFE15 CCM/NL/000121 – LIFE OPTIMELT) from the European Commission. The LIFE program is the European Union’s financial instrument for supporting environmental,…

BASF inaugurates catalyst manufacturing site in Chennai

BASF SE’s (Ludwigshafen, Germany; www.basf.com) BASF Catalysts India Private Ltd. inaugurated its new mobile emissions catalysts manufacturing site. The site includes a new 47,000-square-meter production plant, which replaces an existing BASF plant in Chennai and is the culmination of a…

Air Liquide to sell welding business

Air Liquide (Paris, France; www.airliquide.com) announced that it has entered into exclusive negotiations with Lincoln Electric Holdings, Inc. (Cleveland, Ohio; www.lincolnelectric.com), a world leader in design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting…

Siemens and Dresser-Rand to provide rotating machinery for major petrochemicals complex in Oman

Siemens AG (Munich, Germany; www.siemens.com) and its Dresser-Rand business will supply two gas-turbine-driven compressor trains and two gas-turbine generator packages for the Liwa Plastics Industries Complex, a major petrochemical project in Oman. The natural gas liquids (NGL) extraction plant in…