The Saudi Arabian Oil Company (Aramco; Dhahran) has completed the acquisition of the Valvoline Inc. (Lexington, Ky.) global products business (‘Valvoline Global Operations’) for $2.65 billion, through one of its wholly-owned subsidiaries. With this acquisition, which follows the signing of…
KBR, Inc. (Houston) has signed a contract with Hyundai Engineering Company (HEC) Ltd to supply proprietary equipment for the first modular plant for its leading advanced plastics recycling technology Hydro-PRT. The plant will be installed at LG Chem's Chronos Project…
SABIC (Riyadh, Saudi Arabia) has announced a strategic project to manufacture catalysts with the aim of transforming Saudi Arabia into a manufacturing hub for specialized materials in line with the national industrial strategy. The project will contribute to industrial advancements as…
Rockwell Automation, Inc. (Milwaukee, Wisc.) announced that it has acquired Knowledge Lens. Based in Bengaluru, India, Knowledge Lens is a services and solutions provider that delivers actionable business insights from enterprise data, combining digital technologies with deep data science, artificial…
Solvay S.A. (Brussels, Belgium) announced that it has agreed on final terms to sell its 50% stake in the RusVinyl joint venture (JV) to its joint venture partner Sibur (Moscow, Russia). Upon completion, the divestment will represent another important milestone…
Johnson Matthey plc (JM; London) has been selected to provide the methanol license and engineering services for Perstorp AB's (Malmö, Sweden) ground-breaking Project Air in Stenungsund, Sweden. The initiative – which will substitute all the fossil methanol used by Perstorp in…
Arafura Rare Earths Ltd has awarded Chemetics Inc., a wholly owned subsidiary of Worley and leading provider of technology for sulfuric acid and other specialty chemical facilities, the contract to install Chemetics CORE-SO2 sulfuric acid technology, at its Nolans Project…
KBR, Inc. (Houston) announced that its ammonia technology has been selected for a large-scale one million tons per year low-carbon ammonia facility in the Middle East GCC region. Under the terms of the contract, KBR will provide the technology license,…
BASF Japan Ltd., a subsidiary of BASF SE (Ludwigshafen, Germany), has announced that the high-pressure regenerative CO2 capture technology HiPACT® co-developed by BASF and its engineering partner JGC Corporation will be used by INPEX Corporation, one of Japan’s largest exploration…
Solvay S.A. (Brussels, Belgium) is unveiling plans for the decarbonization of its Aroma Performance plant, located in Saint-Fons, France. The plans include a new biomass boiler, which will go into operation by the end of 2025. Combined with other initiatives,…