Petrochemicals

McDermott International Inc. and CB&I have announced that the combined company intends to retain the name McDermott.

Calash supported Castle Harlan’s acquisition of Exterran Corp.’s oil and gas production equipment assets in North America.

CB&I has been awarded an ethylene technology contract by Lianyungang Petrochemical Co. Ltd.

Mammoet has completed the transportation and installation of NGL bullet tanks for a petrochemical project in Oman.

Yokogawa Electric Corp. has released a new plant monitoring software for use in the oil and gas and petrochemicals industries.

Honeywell Process Solutions (HPS) has announced the expansion of its Fulgaon manufacturing facility in Pune, India.

CB&I has achieved three significant project milestones at its Lotte Chemical (LACC) Ethane Cracker Project.

CNOOC’s new laboratory in China is set to acquire a high throughput technology from hte.

KBR has successfully completed an ethylene plant revamp project for Korea Petrochemical Ind. Co. Ltd.

Evonik has opened a research hub in Singapore for resource efficiency topics such as functional surfaces and additive manufacturing.

ExxonMobil is set to expand its current base stocks offerings with a new distributor agreement with Zestcor in South Africa.

Cyberhawk will provide a digital asset management solution during the construction of a new petrochemical complex in the US.

BP and Petrobras have formed a strategic alliance to explore potential joint commercial agreements in upstream, downstream, trading and across low carbon initiatives.

GlobalData analysis suggests that the US has the highest planned polyethylene capacity additions globally with 9.4 million tpy during 2018 to 2022.

KBC and Phillip Townsend Associates Inc. have formed a new strategic partnership for energy business.