Petrochemicals

Axens has announced a takeover bid to acquire Heurtey Petrochem Group, increasing their offer of price per share.

The oil and gas industry, led by its skill organisation, OPITO, is calling for immediate clarity on how the money from the new tax, raised through the Apprenticeship Levy, will be redistributed.

SABIC has announced its new polypropylene pilot plant, scheduled for development next year, that will enable it to meet key industry needs.

Zachry Group has announced it has been awarded a BPEX contract with ExxonMobil for its new polyethylene plant in Beaumont.

Wood Group has been awarded a US$40 million automation services contract for the ExxonMobil polyethylene plant.

One of the industry's latest pay benchmarking report has shown a 4% increase in engineering graduates’ pay, according to EEF.

Total and Corbion have announced they will form a joint venture in bioplastics, producing polylactic polymers.

BP has announced it will propose the appointment of Deloitte as its auditor from 2018.

ExxonMobil has announced it will increase Beaumont polyethylene capacity by 65%, adding 650 000 tpy of high performance polyethylene.

The Oman Oil Company has signed an MoU with Kuwait Petroleum International for the latter to invest in the Duqm Refinery and Petrochemical Complex project.

Baker Hughes has introduced a new generation of fluid separation technology for the oil and gas industry.

GTC Technology has announced it has won an award from JG Summit Petrochemicals for its BTX extraction unit.

Siemens and Bentley Systems have formalised a strategic alliance agreement to drive new business value by accelerating digitalisation to advance infrastructure project delivery.

Unitel has been commissioned to provide the engineering/design services and cost analysis to evaluate and propose the optimum solution for a Singapore company.

Technip has been awarded a contract for the modernisation of the SOCAR Azerikimya Petrochemical Complex in Azerbaijan.