Bureau Veritas (Neuilly-sur-Seine, France; www.bureauveritas.com) has acquired Summit Inspection Services, Inc., a U.S. company specialized in fugitive emissions inspection services for the OPEX petrochemical industry. Founded in 1998 and based in California, Summit is an industry leader in fugitive emissions…
Ferro Corp. (Mayfield Heights, Ohio; www.ferro.com) has completed the acquisition of Pinturas Benicarló, S.L. Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a cash-free and debt-free basis, subject to…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) and Siluria Technologies (San Francisco, Calif.; www.siluria.com) have entered into a joint collaboration agreement (JCA). Under the terms of the JCA, Maire Tecnimont and Siluria agreed to combine their respective technologies and expertise to…
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) has announced that Eric R. Schnur, currently executive vice president and chief operating officer, has been named president, effective immediately, and will become chairman and chief executive officer on January 2, 2017. James L.…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) announced the award of a contract for the engineering and material supply of a steam reformer heater for hydrogen production for the JSC Orsknefteorgsintez refinery at Orsk, Russia. The heater will be based on…
Umicore N.V. (Brussels, Belgium; www.umicore.com) has reached an agreement to sell its Zinc Chemicals business unit to OpenGate Capital, a U.S.-based private equity firm with a focus on developing a broad portfolio of high-quality industrial activities. The transaction places an…
KBR, Inc. (Houstson; www.kbr.com) announced today it has been awarded a license and basic engineering design contract by a confidential client for a grassroots Distill-Max Stabilizer Column at Shandong Province in China. Under the terms of the contract, KBR will…
The Hungarian subsidiary of Messer Group (Bad Soden, Germany; www.messergroup.com) has finalized the purchase of Air Liquide Hungary Ipari Gáztermelő Kft. with the approval of the competition authority. Messer Hungarogáz Kft. will thus take over some 50 employees, as well…
Hexcel Corp. (Stamford, Conn.; www.hexcel.com) has made a strategic investment in Oxford Performance Materials (OPM). OPM produces thermoplastic, carbon-fiber-reinforced 3D printed parts for commercial aerospace and space and defense applications. Hexcel Chairman, CEO and President Nick Stanage said, “Aerospace adoption…
SABIC (Riyadh, Saudi Arabia; www.sabic.com) has signed a Project Development Agreement (PDA) with Shenhua Ningxia Coal Industry Group Co. (SNCG), a subsidiary of Shenhua Group Corp., effective May 30, 2016. The PDA relates to the two parties’ potential joint development…