Project Management
Shares in Brazil's Braskem jump after report on new Apollo bid, shareholders deny
Shares in Brazilian petrochemical producer Braskem SA jumped more than 20% on Tuesday after local newspaper O Globo reported that U.S.-based asset manager Apollo made a new, higher bid for the company.
2022 HP Awards Finalists
<em>Hydrocarbon Processing</em>, the downstream processing sector’s leading technical publication for 100 yr, has announced the finalists for its sixth annual <em>HP</em> Awards, which celebrate innovative technologies and people that have been instrumental in improving facility operations over the past year.
Carbon recycler LanzaTech strikes financing deal with Brookfield
Carbon recycler LanzaTech NZ Inc has struck a deal with Brookfield Renewable Corp for a $500 MM commitment by the investment firm to finance upcoming projects using LanzaTech's technology.
New awards for an overall value of approximately €200 MM in Maire Tecnimont’s technology-driven business
Maire Tecnimont announced that its main subsidiaries Tecnimont, KT-Kinetics Technology and Stamicarbon have been granted new awards for a total amount of approximately €200 MM for licensing as well as EPC activities.
AFPM, API joint statement on White House, DOE meeting with U.S. refiners
The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute released the following statement after a meeting with leaders of the top U.S. refining companies.
Technip Energies announces award for contract FEED for INEOS’ project
Technip Energies has been awarded a large contract for the proprietary equipment supply for INEOS Olefins Belgium NV’s 1,450,000 tpy ethane cracker in Antwerp, Belgium.
Sustainable steel/chemicals production: Removal of impurities for valorization of steel mill gases
Industry faces significant challenges relating to the transition toward cleaner energy and more sustainable feedstocks.
China may extend refined fuel export quota into next year
China may tweak a proposed sharp increase in refined fuel export quotas for this year by extending the plan into next year, as it weighs the benefits to the economy of higher exports against low domestic stocks and operational challenges.
W. R. Grace & Co. welcomes new UNIPOL polypropylene technology licensee in Indonesia
This project will empower PT KPI to increase refinery and polyolefin capacity by addressing the gap between strong demand growth of petrochemicals and the shortage in domestic production capacity.
Koch Technology, Ioniqa Technologies partner to disrupt plastics industry through advanced PET upcycling technology
As part of this collaboration, KTS has committed to invest up to €30 MM in Ioniqa. Ioniqa has developed an innovative process that utilizes low-grade post-consumer PET to infinitely produce a feedstock that displaces virgin raw materials used in the production of polyester products.
- 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
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
