Petrochemicals

KBC has released its VM-PA 3.7 software offering a digital method for tracking losses, reducing operating costs.

ArrMaz has entered into a definitive agreement to be acquired by Arkema Group for approximately US$570 million.

McDermott has been awarded a technology contract by Chennai Petroleum Corp. for an Indian propylene plant.

ExxonMobil will double the manufacturing capacity of speciality elastomers at its plant in Newport, Wales.

Anticipating growing demand for EVOH resin, Mitsubishi Chemical plans to increase production at its US subsidiary twelvefold.

Sadara, a joint venture between Aramco and Dow Chemical, has awarded a long-term maintenance services contract to KBR.

Siemens and TÜV SÜD have partnered to strengthen digital safety and security in the energy sector.

ICR Integrity has acquired Sky-Futures Partners Ltd, a drone-based inspections and drone pilot training company.

Petrochemical Update has announced the launch of the Downstream Industry Awards.

In an expansion of its portfolio of industrial pump technologies, ITT has acquired Rheinhütte Pumpen Group.

ExxonMobil has announces that it will invest US$2 billion in the expansion of its Baytown facility, the largest integrated petrochemical complex in the US.

Strengthening its Chemtech business, Sulzer has bought GTC, a technology provider for the petrochemical industry.

The Oil & Gas Innovation Centre has supported 100 projects and invested £6 million over the last five years.

Berkeley Engineering Consultants is one of 200 companies recognised at the awards.

Mammoet has set up a new dockside base in the Port of Antwerp to increase its capabilities and equipment availability.