The Supervisory Board of GEA Group Aktiengesellschaft (Düsseldorf, Germany; www.gea.com) has appointed Stefan Klebert to the company’s Executive Board with effect from November 15, 2018. On February 18, 2019, he will succeed the long-serving CEO, Jürg Oleas (60), who is…
BASF SE (Ludwigshafen, Germany; www.basf.com) and LetterOne signed a definitive transaction agreement to merge their respective oil-and-gas businesses in a joint venture (JV), which will operate under the name Wintershall DEA. “With Wintershall DEA we create the leading independent European…
Johnson Matthey (JM; London; www.matthey.com) and BP plc (London; www.bp.com) have signed an agreement to license the companies’ Fischer Tropsch (FT) technology to support biofuels producer Fulcrum BioEnergy and their drive to convert municipal solid waste into biojet fuel. The…
KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded contracts for a technology license, basic engineering design services and proprietary catalyst supply by Lihuayi Lijin Refining & Chemical Co., Ltd., for a new olefins production unit in Dongying, China.…
McDermott International, Inc. (Houston; www.mcdermott.com) announced a contract award from Bayport Polymers LLC, a joint venture of Total Petrochemicals & Refining USA, Inc., and Novealis Holdings LLC (a joint venture of Borealis AG and NOVA Chemicals Inc.), for its new…
W.R. Grace & Co. (Columbia, Md.; www.grace.com) has licensed its UNIPOL PP Process Technology to Sidi Kerir Petrochemicals Co. (SIDPEC). Located in Alexandria, Egypt, the new, world-scale capacity SIDPEC facility will produce 450,000 metric tons per year (m.t./yr) of polypropylene (PP).…
Westlake Chemical Corp. (Houston; www.westlake.com) announced that it has issued an exclusive, binding offer to acquire NAKAN, a global compounding solutions business, from Los Angeles-based private equity firm, OpenGate Capital. NAKAN, headquartered in Reims, France, has eight production facilities, located…
Johnson Matthey plc (London, U.K.; www.matthey.com) and Eastman Chemical Company (Kingsport, Tenn.; www.eastman.com) announce that their proprietary technology for the production of ethylene glycol from coal has been selected by Inner Mongolia Jiutai New Material (Jiutai) for its planned 1,000,000…
Afton Chemical Corp. (Richmond, Va.; www.aftonchemical.com) announced the completion of the Phase II expansion of its Chemical Additive Manufacturing Facility in Jurong Island, Singapore. This milestone was marked by a special visit from Singapore’s Minister for Trade & Industry Mr.…
OMV AG (Vienna, Austria; www.omv.com) recently presented its ReOil used plastics recycling facility at the company’s Schwechat Refinery. The pilot plant uses a thermochemical process to produce synthetic crude from plastic waste. Manfred Leitner, OMV Executive Board member for Downstream:…