Americas
Technip inks Venezuela production equipment deal
Technip was awarded a procurement, installation and operation support contract by Petroleos de Venezuela S.A. (PDVSA) covering subsea, onshore and offshore facilities, for an accelerated production system at the Mariscal Sucre Dragon development in offshore Venezuela.
Quaker Chemical buys US lubricant firm G.W. Smith
US-based process chemicals firm Quaker Chemical has acquired G.W. Smith, a leading manufacturer and supplier of die cast lubricants. The acquired business has net sales of approximately $14 million.
NPRA to change name in 2012 to American Fuel & Petrochemical Manufacturers
Charles T. Drevna, president of the US-based National Petrochemical & Refiners Association (NPRA) trade group, announced on Tuesday that NPRA will change its name in January 2012 to the American Fuel & Petrochemical Manufacturers (AFPM).
Dow, OxyChem form chlorocarbon venture to meet rising refrigerants demand
Dow Chemical and Occidental Chemical (OxyChem) intend to form a joint venture to manufacture and market a new chlorocarbon solution that is a building block for advanced climate-friendly refrigerants, initially for use in automobile air conditioning systems.
Dow to spend $25mn/yr on US university R&D work
Dow Chemical has increased its investment in research and development programs with leading US universities with a $25 million/year commitment for 10 years. The investment will be distributed among 11 institutions to strengthen research in traditional scientific fields important to Dow and to the nation’s future, the company said.
Murphy Oil completes US refinery sale to Calumet
Calumet Specialty Products has completed its previously-announced acquisition of Murphy Oil’s refinery and associated operating assets and inventories in Superior, Wisconsin, for about $442 million, subject to post-closing purchase price adjustments.
PolyOne to buy specialty additives firm ColorMatrix
US-based specialty polymers firm PolyOne has agreed to acquire ColorMatrix, a leading global innovator in liquid colorants, additives and fluoropolymers, in a deal worth $486 million.
Oxea raises syngas capacity by 10% at Texas plant
Global chemical producer Oxea has increased its manufacturing capacity for syngas by 10% at its plant in Bay City, Texas, it said on Monday, seeking to further optimize its value-adding chains and boost product availability.
Halliburton acquires oilfield service firm Multi-Chem
Energy products and services major Halliburton has completed its previously-announced acquisition of oilfield chemicals firm Multi-Chem. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business, the company said.
Dominion seeks US trade permission to export LNG
Dominion has filed with the US Department of Energy (DoE) for permission to use its Dominion Cove Point facility on the Chesapeake Bay in Lusby, Md., to export liquefied natural gas (LNG) to any country with which the US does not prohibit trade.
- INA nears completion of €700-MM Rijeka refinery upgrade project 12/29
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- OCI Global announces startup of new ammonia production facility in Texas (U.S.) 12/29
- Orlen takes control of key petrochemical unit in deal with Synthos 12/29
- Repsol surpasses 1,500 service stations in Spain and Portugal offering 100% renewable Nexa Diesel 12/29
- Five energy market trends to track in 2026 12/29
