Petrochemicals
SABIC chief meets Chinese delegations, notes high commitment to China ops
Saudi Basic Industries Corp. (SABIC) hosted senior Chinese official He Lifeng – vice party secretary of the Tianjin city government – on Friday at its headquarters in Riyadh, offering what the company said was a strong sign of support for its growing business profile in China.
American Chemical Society picks Dow researcher for international award in agrochemicals
Dow AgroSciences researcher Thomas Sparks has been named the 2012 International Award for research in agrochemicals by the agrochemical division of the American Chemical Society.
Dow Chemical wins top award of US safety council
In recognition of its achievements in workplace safety, community service, environmental stewardship and responsible citizenship, Dow Chemical was awarded with the 2012 Green Cross for Safety Medal from the US National Safety Council, announced on Monday at the 2011 NSC Congress and Expo in Philadelphia.
SABIC picks Toyo for energy optimization project at Saudi ammonia plant
Toyo Engineering Corp. was awarded an energy optimization project for one of Saudi Basic Industries Corporation’s (SABIC) existing ammonia plant and package boilers at Al-Jubail Fertilizer Co. (Al-Bayroni) in the eastern region of Kingdom of Saudi Arabia.
Shaw Group may sell energy, chemicals unit - CEO
US-based engineering firm Shaw Group may sell its struggling energy and chemicals (E&C) division, Shaw executives said Monday on a conference call for company earnings. Chief executive Jim Bernhard said his company had “multiple written indications of interest” from potential buyers for the segment.
GT wins order for polysilicon production equipment, technology in Saudi Arabia
GT Advanced Technologies has received a $47.7 million order for polysilicon production equipment and technology from Polysilicon Technology Co. (PTC), a company based in the Kingdom of Saudi Arabia. The new contract continues a technology agreement with PTC that was first signed in 2009.
Momentive expands Korea silicone technology hub
Silicones and advanced materials provider Momentive is expanding its marketing and technology operations in the Seoul Gasan Digital Complex with a new application development center, seeking to meet growing demand for specialty silicone products in Korea.
Chemical M&A surging amid major US deals - PwC
Mega deals involving US-based companies in the global chemicals industry helped raise merger and acquisition (M&A) deal value to $16 billion in the third quarter of 2011, according to Chemical Compounds, a quarterly analysis of M&A activity in the global chemicals industry by consultancy PricewaterhouseCoopers (PwC).
Shale plays spark Q3 rise in US oil, gas deals - PwC
The total value of US oil and gas mergers and acquisitions (M&A) during the third quarter of 2011 jumped 135% as foreign investors continued to show interest in the energy sector, especially in taking positions in shale plays and upstream-related assets, according to a new study from global consultancy PricewaterhouseCoopers (PwC).
Cereplast finalizes purchase of Italy bioplastics site
US-based bioplastics firm Cereplast has completed its purchase of a manufacturing plant in Assisi (Cannara), Italy that will serve as the hub for the company's European bioplastics production. Cereplast management said it estimates the total cost of the purchase and refurbishment of the facility will be approximately €12 million.
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- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
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