Baker Hughes Co. (Houston) has announced an agreement to acquire Quest Integrity, a subsidiary of Team, Inc and a global leader in the development and delivery of technology-enabled asset inspection and reliability management solutions across the pipeline, refining, petrochemical and power…
Sasol Chemicals, a business unit of Sasol Ltd. (Johannesburg, South Africa),plans to double its use of green steam from a first of its kind biomass cogeneration facility adjacent to its Brunsbüttel, Germany facility. Sasol Chemicals will lease land adjacent to…
LG Chem Ltd. (Seoul, South Korea) and Archer-Daniels-Midland Co. (ADM; Chicago) held a signing ceremony launching two joint ventures for U.S. production of lactic acid and polylactic acid to meet growing demand for a wide variety of plant-based products, including…
Mitsui Chemicals, Inc. (Tokyo) and Teijin Ltd. (Toyko) jointly announced that they will become Japan’s first companies to develop and market biomass-derived bisphenol A (BPA) and polycarbonate (PC) resins, that will support efforts to achieve carbon neutrality by reducing greenhouse…
The Coating Additives business line of Evonik Industries AG (Essen, Germany; www.evonik.com) is expanding the production capacity of its ACEMATT precipitated matting agents at its manufacturing facility in Taiwan. The significant capacity increase will help to meet the rising demand…
Baker Hughes (Houston; www.bakerhughes.com) has opened a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimization and faster delivery of fit-for-purpose chemical solutions. The facility, which spans approximately 40,000 square meters, will manufacture, store and distribute chemical solutions…
ABB Inc. (Zurich, Switzerland) signed an agreement to purchase Siemens’ low-voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management…
Eurotecnica (Milan, Italy), the technology arm of the Proman family of companies, a global leader in natural gas derived products and services, announced a contract award from Xinji Energy Chemical Co. Ltd. for the implementation of the largest high-pressure melamine…
McDermott International, Inc. (Houston) has been awarded a Pre Front-End Engineering Design (Pre-FEED) contract from Woodside Energy for the proposed H2Perth project located in the Kwinana/Rockingham area in Western Australia. Under the contract scope McDermott will provide pre-FEED services for…
Avient Corp. (Cleveland, Ohio) announced it has entered into a definitive agreement to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, subject to regulatory approval. On April 20, 2022, the company announced it…