The comprehensive restructuring process has led to the formation of Mc Dermott’s new Board of Directors. Under this process, David Dickson, President and Chief Executive Officer will continue in his role while Nils Larsen has been appointed as Lead Director of the firm.
Mc Dermott’s CB&I Storage Solutions has been awarded with multiple engineering, procurement, fabrication and construction contracts for setting up 38 tanks and 13 spheres across several locations in Saudi Arabia.
Mc Dermott will sell its Lummus Technology business to the joint partnership between The Chatterjee Group and Rhône Capital as per the share and asset purchase agreement signed earlier this year. The decision was undertaken as the firm failed to receive any higher bid for the technology.
Mc Dermott’s new 1.2 million square meter fabrication facility will be built within the King Salman International Complex in Ras Al-Khair, Saudi Arabia which is expected to be the largest maritime industries complex in the Middle East.
Amidst reports of Mc Dermott going bankrupt, the company has plans to sell its Lummus Technology. One of the bidders for the technology is the joint partnership between The Chatterjee Group and Rhône Group which is willing to purchase the technology for 2.725 billion dollars.
Zum Ende des Jahres haben einige Unternehmen wichtige Führungspositionen neu besetzt. Darunter Syngenta, Chemion Logistik, McDermott, Santhera, Alfa Laval und Evonik. PROCESS fasst auch in dieser Woche wieder die wichtigsten Personalveränderungen für Sie zusammen.
Mc Dermott International has been awarded a technology contract for a grassroots alpha-methylstyrene recovery unit in Ningbo, China. The 10,000 MTA facility is expected to use the AMS technology to recover specialty chemicals for niche market sale.
Mc Dermott has won a contract by Saudi Aramco and Total to provide license, basic engineering package, extended basic engineering, training, technical services and supply of proprietary equipment for one of the largest mixed feed crackers across the globe.