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Ineos to acquire Ashland’s composites business for $1.1 billion

INEOS Enterprises (London; www.ineos.com) has agreed to acquire the entire composites business from Ashland Global Holdings Inc. (Covington, Ky.; www.ashland.com) for $1.1 billion. The businesses included in the transaction have combined sales of more than $1.1 billion per year. They…

Air Liquide Engineering & Construction selected as technology provider for Pertamina refinery upgrade

Air Liquide Engineering & Construction (www.engineering-airliquide.com) has been selected as a technology licensor by Pertamina, the state-owned National Oil & Gas Company of Indonesia, engaged in the oil, gas and renewable energy sectors. Air Liquide Engineering & Construction will provide…

Maire Tecnimont awarded design contract for ExxonMobil petrochemicals project

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A., through its affiliate Tecnimont USA Inc., in consortium with Performance Contractors Inc., has been awarded a reimbursable contract by Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) for the initial…

Air Products and Sonatrach sign industrial gas agreements in Algeria

Air Products (Lehigh Valley, Pa.; www.airproducts.com) and Sonatrach, the largest state-owned oil and gas company in Africa, have signed two gas production and delivery agreements. Conducted through both companies’ joint venture (JV), HELIOS, the deals have a combined value of…

BASF begins producing biomass-balanced methanol

BASF SE (Ludwigshafen, Germany; www.basf.com) has started production of methanol on the basis of renewable raw materials according to the biomass balance approach. The product name is EU-REDcert-methanol. The company replaces fossil raw materials with second-generation renewable raw materials and…

Synthomer opens expanded nitrile latex production facility in Malaysia

Synthomer (London, U.K.; www.synthomer.com) formally opened the latest 90,000-metric ton expansion of its nitrile latex production facility in Pasir Gudang, Malaysia, in the presence of over 120 customers, suppliers, contractors, government officials and media representatives. The plant was officially opened…

MAN Cryo to design and deliver LNG regasification terminal

MAN Energy Solutions SE (Copenhagen, Denmark; www.man-es.com) has won the contract to design and deliver a liquified natural gas (LNG) regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading company producing chemical and animal feed products…

Praxair Signs to Supply Fulcrum’s Sierra BioFuels Plant in Nevada

Praxair, Inc. (Danbury, Conn.; www.praxair.com), a wholly-owned subsidiary of Linde plc has signed a long-term agreement to supply oxygen to Fulcrum BioEnergy’s Sierra BioFuels Plant in Storey County, Nevada. Praxair will build two vacuum-pressure-swing adsorption (VPSA) plants at the facility,…

TechnipFMC signs agreement to license Sumitomo HCI oxidation technology

TechnipFMC (Houston;www.technipfmc.com) announced that it has signed an exclusive collaboration agreement with Sumitomo Chemical Corp. (Tokyo; www.sumitomo-chem.co.jp) to license and engineer Sumitomo’s hydrogen chloride (HCI) oxidation technology. The technology is used to produce chlorine via the catalytic oxidation of hydrogen…

Showa Denko completes capacity expansion for nanoparticle titanium dioxide

Showa Denko KK (SDK; Tokyo; www.sdk.co.jp) has completed expansion of the capacity to produce nanoparticle titanium oxide, which has been sold under the trade name of Super-Titania, at its wholly owned subsidiary Showa Denko Ceramics Co., Ltd. headquartered in Shiojiri…