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Chevron to sell Canadian downstream assets to Parkland

Parkland Fuel Corp. (Calgary, Alb., Canada; www.parkland.ca) announced that it has entered into an agreement with Chevron Canada Limited (CCL) to acquire all of the shares of Chevron Canada R&M ULC, which operates its Canadian integrated downstream fuel business. The…

Atlas Copco expands production facility in Hyderabad

Atlas Copco (Stockholm, Sweden; www.atlascopcogroup.com) has inaugurated an expanded manufacturing plant in India that will further boost productivity for mining customers. Atlas Copco has invested SEK110 million (around $12 million) in the expansion of the factory in Hyderabad, India, doubling…

ExxonMobil and Sabic select San Patricio County, Texas as location for joint petrochemical complex

ExxonMobil Chemical Co. (Houston; www.exxonmobilchemical.com) and SABIC (Riyadh, Saudi Arabia; www.sabic.com) announced the selection of a site in San Patricio County, Texas for potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. The proposed multibillion-dollar investment…

ISE Group, Total and SunPower start up the Nanao Solar Power Plant in Japan

ISE Group (Tokyo, Japan), Total S.A. (Paris, France; www.total.com) and SunPower Corp. (www.sunpower.com) have started up a 27-MW (peak) photovoltaic power plant in Nanao on Japan’s Honshu Island. Completed one year after the beginning of construction, the plant will generate…

Current Economic Trends: February 2017 CEPCI

The preliminary value for the February CE Plant Cost Index (CEPCI; the most recent available) represents a gain from the previous month’s value. Significant increases in the Equipment and Engineering & Supervision subindices offset a small decrease in the Construction…

Honeywell to expand production of measurement and control equipment in Russia

Honeywell Process Solutions (HPS; Houston; www.honeywellprocess.com) announced that it will expand the manufacture of measurement and control products for the Russian region at its Arzamas plant. This will include gas-measurement equipment and gas regulators for medium- and high-pressure applications. The…

Ametek to acquire instrumentation provider Mocon

Ametek, Inc. (Berwyn, Pa.; www.ametek.com) and Mocon, Inc. announced that they have entered into a definitive merger agreement under which Ametek will acquire all of the outstanding shares of common stock of Mocon at a price of $30 per share…

National Graphene Association launches in the U.S.

A new association focused on facilitating the commercialization of graphene in the United States was launched today.  The new National Graphene Association (NGA; Oxford, Miss.; www.nationalgrapheneassociation.com) will provide a premier networking and information platform to connect current and future stakeholders in…

Nova acquires U.S. Gulf Coast olefins assets from Williams

NOVA Chemicals Corp. (Calgary, Canada; www.novachem.com) and Williams Partners L.P. (Tulsa, Okla.; www.williams.com) announced that NOVA Chemicals has agreed to acquire Williams’ 88.46% ownership interest in the Geismar, Louisiana olefins plant, approximately 525 acres of undeveloped land adjacent to the…

Milliken acquires Keystone Aniline Corp.

Milliken & Co. (Spartanburg, S.C.; www.milliken.com) announced its acquisition of the assets of Keystone Aniline Corp., a global leader in dyes, pigments, pigment dispersions and polymers. Positioning Milliken for global growth, the initiative aligns two key industry players with complementary…