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Exxon Mobil Starts-Up Polyethylene Line at Mont Belvieu Plant

USA: Polyethylene Production

Exxon Mobil Starts-Up Polyethylene Line at Mont Belvieu Plant

10/18/2017 - Exxon Mobil Chemical Company has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas. read...

Sumitomo to Offer Animal Feed Analysis in Brazil

Brazil: Methionine Production

Sumitomo to Offer Animal Feed Analysis in Brazil

10/18/2017 - Sumitomo Chemical is going to set up animal feed analysis capabilities at the Latin America Research Center in Sao Paulo, operated by its Brazilian subsidiary. The centre will provide technical support services for feed millers who purchased the company’s methionine products. read...

$210 Million Acquisition Announced by Kalnin Ventures

USA: Oil &Gas Expansion

$210 Million Acquisition Announced by Kalnin Ventures

10/18/2017 - Kalnin Ventures has recently announced that an affiliate of its BKV Oil and Gas Capital Partners, LP fund (the 'Fund'), has entered into purchase and sale agreements withrespect to the Fund’s fifth acquisition of assets in the northeast portion of the Marcellus Shale. read...

Mol Group Purchases Licences from Thyssenkrupp for Key Strategic Investment

Hungary: Polyol Project

Mol Group Purchases Licences from Thyssenkrupp for Key Strategic Investment

10/18/2017 - Following the announcement made in July about entering into contracts with Evonik and Thyssenkrupp to produce propylene oxide, Mol Group has now reached an additional agreement with Thyssenkrupp Industrial Solutions (Thailand) that will cover technological steps to convert propylene-oxide into polyether polyols and propylene glycols. read...

Tullow Acquires 90 % Stakes in Four Onshore Blocks in Côte d’Ivoire

UK: Oil & Gas Expansion

Tullow Acquires 90 % Stakes in Four Onshore Blocks in Côte d’Ivoire

10/18/2017 - Tullow Oil has bagged four licences in the region and intends to initiate work immediately on them in order to allow a full tensor gradiometry survey to commence in early 2018. read...

Rosneft Acquires 30 % Stake in Zohr Gas Field

Russia: Gas Agreement

Rosneft Acquires 30 % Stake in Zohr Gas Field

10/18/2017 - Rosneft has recently closed the deal to acquire a 30% stake in the concessions agreement for the development of the Zohr field, the largest gas field in the Mediterranean Sea, from the Italian company Eni. The company's stake acquisition is US $1.125 billion to develop the largest deepwater gas field offshore Egypt. read...

Emerson Acquires Paradigm

USA: Software for the Oil and Gas Industry

Emerson Acquires Paradigm

10/17/2017 - Emerson has agreed to acquire Paradigm, a provider of software solutions for the oil and gas industry, for a purchase price of $ 510 million. The acquisition is expected to close within the next 60 days, subject to various regulatory approvals. read...

Inovyn Completes Large-Scale KOH Facility in Antwerp

Belgium: Potassium Hydroxide Production

Inovyn Completes Large-Scale KOH Facility in Antwerp

10/17/2017 - Inovyn announced the completion of its new large scale potassium hydroxide (KOH) production facility at its Antwerp/Lillo Site (Belgium).The first production run of membrane quality KOH for supply to customers took place during the first week of October, following successful start-up of the facility. read...

Jacobs Signs Licensor Agreement with Pagell

USA: Sulfur Recovery

Jacobs Signs Licensor Agreement with Pagell

10/17/2017 - Jacobs Engineering signed a sulfur recovery technology licensor agreement with Paqell, a joint venture between Shell Global Solutions and Paques, for use of its Thiopaq Oil and Gas technology in refineries and gas treating facilities across the globe. read...

Akzo Nobel to Increase Production of Chlormethanes

Germany: Capacity Expansion

Akzo Nobel to Increase Production of Chlormethanes

10/17/2017 - Akzo Nobel's Specialty Chemicals business has entered the design phase of a further capacity expansion in Germany for the production of chloromethanes — a key ingredient in the manufacture of pharmaceuticals and electronics. read...

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