ENEOS Holdings Inc. has announce that it has decided to acquire US chemical producer TPC Holdings, Inc. through ENEOS Holdings’ wholly owned US subsidiary, to make TPC a wholly owned subsidiary of ENEOS Holdings.
The Eastern Mediterranean Petrochemical Industrial Zone and Port, developed by Rönesans Holding in Ceyhan, Adana, Türkiye, has entered a new phase of development driven by new investments, ongoing infrastructure works, and growing international investor interest.
Asia continues to account for a major share of the global project pipeline, supported by ongoing investments in petrochemical plants, conventional refinery, transmission pipelines, and oil storage projects, GlobalData has reported.
Increased segmentation in Europe’s recycled low density polyethylene market has prompted ICIS to introduce a new flexible natural transparent rLDPE pellet price as part of its existing recycled polyethylene pricing service.
The Saudi Basic Industries Corp. have announced the signing of a Project Development Agreement with Rongsheng Petrochemical Co. Ltd. to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.
Fluor Corp. has announced that it has been selected by Gulf Petrochemical Industries Co. to execute the front-end engineering and design for a new aromatics facility located in the Kingdom of Bahrain.
Johnson Matthey has completed the sale of its Catalyst Technologies business to Honeywell Technologies for an enterprise value of £1.325 billion on a cash and debt-free basis.
Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.
Catalyxx has secured a €20 million grant in EU funding through RenewChem for the construction of Catalyxx's first commercial bio-based chemicals plant in Europe.