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Akzo Nobel Specialty Chemicals to Take Over Brazilian firm Polinox

Brazil: Polymers

Akzo Nobel Specialty Chemicals to Take Over Brazilian firm Polinox

The acquisition is expected to strengthen Akzo Nobel’s presence in the South American market. The company also intends to acquire Polinox's brands and trademarks as well as its customer list and production know how. read...

BGP Wins Adnoc Contracts for World’s Largest Seismic Survey

UAE: Oil & Gas

BGP Wins Adnoc Contracts for World’s Largest Seismic Survey

In line with the country’s 2030 smart growth strategy, contracts worth 1.6 billion dollars have been assigned to realise the full potential of Abu Dhabi’s conventional and unconventional oil and gas resources. read...

Akzo Nobel Publishes Results for Q2

The Netherlands: Transformation Process

Akzo Nobel Publishes Results for Q2

Akzo Nobel has published its results for the second quarter 2018. The company announced that it was executing on the first phase of their transformation into a focused Paints and Coatings company. Revenue increased in all Performance Coatings segments except Marine and Protective Coatings. read...

Neelanjan Banerjee Appointed as New Managing Director for Lanxess

India: Management Change

Neelanjan Banerjee Appointed as New Managing Director for Lanxess

The post was earlier held by Jacques Perez who has now been promoted to become the Managing Director of Lanxess Holding UK. read...

Oxea Announces Successful Start-Up of New Propanol Production Unit

USA: World-Scale Plant

Oxea Announces Successful Start-Up of New Propanol Production Unit

Oxea has successfully started up its new 100,000 mt per annum world-scale production unit “Propanol 2” at its Bay City, Texas, USA, site. read...

Praxair to Supply Oxygen for US Methanol's Facility in West Virginia

USA: Oxygen Supply

Praxair to Supply Oxygen for US Methanol's Facility in West Virginia

Praxair has signed a long-term agreement to supply oxygen to US Methanol LLC’s new facility in Institute, West Virginia. The customer’s facility will produce methanol for use in the production of plastics, varnishes, medicines, adhesives and textiles. read...

Maire Tecnimont Wins Contracts worth 730 Million Dollars

Licensing and Engineering

Maire Tecnimont Wins Contracts worth 730 Million Dollars

Amidst the many agreements, the most recent deal which the company has bagged includes an EPC contract by Abu Dhabi Polymer Company (Borouge) for a new polypropylene unit in Abu Dhabi, UAE. The plant is expected to produce a maximum capacity of 480,000 tonnes per year. read...

Saudi Aramco and Kotra Enter into MOU to Enhance Partnership

Saudi Arabia: Business Collaboration

Saudi Aramco and Kotra Enter into MOU to Enhance Partnership

Under the agreement and in line with the Saudi Vision 2030, both the parties will work together in the areas of trade, investment, and human resource development for mutual growth. read...

L&T Awarded Contract from HPCL Mittal Energy

India: EPC

L&T Awarded Contract from HPCL Mittal Energy

The onshore EPC contract comprises the construction of seven cracker furnaces of 1200 KTPA Dual Feed Cracker Units at HPCL’s Bathinda Refinery in Punjab. LTHE intends to make use of its modular fabrication facilities in Gujarat for the fabrication of furnace modules. read...

Kurary, GC, and Sumitomo Establish JV for Advanced Materials Production

Thailand: Production of PA9T and HSBC

Kurary, GC, and Sumitomo Establish JV for Advanced Materials Production

Kuraray, PTT Global Chemical, and Sumitomo, on July 11, 2018, held an opening ceremony for a joint venture company, Kuraray GC Advanced Materials in Thailand. read...