Project Management
Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada
After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.
Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry
Japanese technology company Asahi Kasei has started a joint demonstration with Nobian, Furuya Metal and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda.
Yokogawa to acquire Web Synergies, a provider of IT and integrated IT/OT solutions
Yokogawa Electric Corp. has finalized an agreement to acquire Singapore-based Web Synergies, a leading provider of information technology (IT) and integrated IT and operational technology (OT) solutions.
Egypt begins basic design phase for Red Sea Petrochemical Complex project in Ain Sokhna
Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture contractor to implement the basic designs for the first phase of the Red Sea Petrochemical Complex project in Ain Sokhna, Egypt.
JGC, Amogy partner to accelerate large-scale ammonia cracking technology
JGC has signed a Memorandum of Understanding (MoU) with Amogy to utilize Amogy's catalyst for large-scale ammonia cracking technology development.
OQ, Royal Vopak partner to accelerate development of Duqm as an integrated industrial hub
OQ, spearheading the development of Duqm in Oman as a premier integrated hub for hydrocarbons, chemicals, and low-carbon products, and Royal Vopak entered into an exclusive partnership framework agreement in the Special Economic Zone at Duqm (SEZAD). This is a significant step for a strategic alliance that aims to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in SEZAD.
Samsung E&A awarded contract for polylactic acid plant in the UAE
SAMSUNG E&A has announced that it is the contractor for its upcoming polylactic acid (PLA) production plant in the United Arab Emirates. The strategic project, officially named Falcon PLA Project, will deliver a cutting-edge facility producing a biodegradable and environmentally friendly plastic alternative and solidifies Emirates Biotech commitment to environmental responsibility and innovation.
Digital Feature: Guidance for developing first-of-a-kind projects and processes
New products and processes have the potential to drive new value through performance or cost improvements targeted to evolving market needs in the oil, gas and chemical industry. To realize this value, however, organizations must navigate a challenging path through development and scale-up of first-of-a-kind processes.
thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries
This agreement signifies a key milestone in the ongoing collaboration between the two companies, aimed at advancing digitalization and implementing clean technologies in the fertilizer industry.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
