German China India

News

Petrofac and Socar JV Awarded Engineering and Technical Services Contract

Azerbaijan: Oil and Gas Exploration

Petrofac and Socar JV Awarded Engineering and Technical Services Contract

19/08/2019 - The 12-month contract aims to support Total and Socar’s exploration & production activities in Azerbaijan. It is also expected to support the activity in the Absheron natural gas field, located in the Caspian Sea. read...

Merck Generates Strong Sales Growth in the Second Quarter

Germany: Pharma Business

Merck Generates Strong Sales Growth in the Second Quarter

19/08/2019 - Merck generated strong net sales growth in the second quarter of 2019, primarily on an organic basis. Ebitda pre grew very strongly and was also driven by organic performance. The science and technology company also confirmed its full-year forecast for 2019. read...

Saudi Aramco to Acquire 20 % Stake in RIL's Oil-to-Chemicals Business

India: Refining and Petrochemicals

Saudi Aramco to Acquire 20 % Stake in RIL's Oil-to-Chemicals Business

19/08/2019 - Saudi Aramco and Reliance Industries Ltd have entered into a non-binding Letter of Intent and the deal is expected to possess an enterprise value of 75 billion dollars. The transaction is claimed to be one of the largest foreign investments in India. read...

Neste Introduces Low-Sulphur Marine Fuel

Finland: Reduced Emissions

Neste Introduces Low-Sulphur Marine Fuel

19/08/2019 - Neste helps shipping companies to respond to the tightening regulation on sulphur dioxide emissions by offering them a new IMO2020-compliant marine fuel. The Neste Marine 0.5, containing 0.5 % sulphur, will be introduced to the market during Q4/2019. read...

Sibur Completes Terephtalic Acid Plant in Russia

Russia: Ramp-Up and Reconstruction

Sibur Completes Terephtalic Acid Plant in Russia

17/08/2019 - Sibur’s Blagoveshchensk site has completed reconstruction of the terephthalic acid production facility, the only one currently in Russia read...

Largest Dehydrogenation Plant Using Clariant’s Catalyst Technology Commences Production

China: Olefin Production

Largest Dehydrogenation Plant Using Clariant’s Catalyst Technology Commences Production

17/08/2019 - Clariant announced the successful startup of its Catofin catalyst at Hengli Group’s new mixed-feed dehydrogenation plant in Dalian, China. The new unit combines propane dehydrogenation (PDH) with iso-butane dehydrogenation (BDH) process technologies, and it will produce over one million tons of olefins per year — becoming the world’s largest plant using Catofin catalyst technology. read...

Domo Acquires Solvay's European Polyamide Business

Germany: Agreement Reached

Domo Acquires Solvay's European Polyamide Business

16/08/2019 - BASF, Solvay and Domo Chemicals agreed that Domo will acquire the European PA6.6 business from Solvay. This transaction is targeted to close by the end of 2019 and remains subject to the approval of the relevant competition authorities. read...

Mitsui Chemicals Partners with Silicon Valley Tech Firm

Japan: Partnership Agreement

Mitsui Chemicals Partners with Silicon Valley Tech Firm

16/08/2019 - Mitsui Chemicals announced that it has entered into a materials sector-based partnership agreement with Plug and Play, a Silicon Valley-based firm that supports the growth of startups. read...

Kemira Operon, Aquazone, and Suomen Ekolannoite Form Operon Group

Finland: Water Treatment

Kemira Operon, Aquazone, and Suomen Ekolannoite Form Operon Group

16/08/2019 - Kemira is selling the entire share capital of Operon, a company providing water treatment plant operation services, to form a newly established company called Operon Group. In connection with this transaction, Operon Group will also acquire Aquazone and Suomen Ekolannoite, which will be merged into a new company. read...

Butadiene Plant Built by Wison in China Starts Up Successfully

China: 100 KTA Plant

Butadiene Plant Built by Wison in China Starts Up Successfully

16/08/2019 - Nanjing Chengzhi Yongqing Energy Technology's new 100 KTA butene-to-butadiene plant, built by Wison Engineering, started up successfully and produced on-spec butadiene. The plant was deployed with Oxidative Dehydrogenation of Butene-to-Butadiene (ODH) proprietary technology licensed by Wison, and built by the company through an EPC contract. read...

Sort by Regions