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Petrochemicals

 

AVEVA releases new AI-powered software

AVEVA has launched its AVEVA Predictive Analytics software – purpose-built for predictive monitoring of industrial assets in oil and gas, power, chemicals, mining and minerals, and manufacturing.

 
 

Sulzer acquires stake in Fuenix Ecogy

Sulzer has signed an agreement with circular technology company, Fuenix Ecogy, to acquire a strategic stake in its plastic upcycling business.

 
 

Flowserve to acquire Velan

Flowserve, a provider of flow control products and services for the global infrastructure markets, and Velan, a manufacturer of industrial valves, have entered into a definitive agreement under which Flowserve will acquire Velan.

 

INEOS secures financing for Project ONE

INEOS Olefins Belgium has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe.

 
 
 

LyondellBasell and KIRKBI invest in APK

LyondellBasell and KIRKBI have signed an agreement to make an investment in APK, which specialises in a solvent-based recycling technology for low density polyethylene.

 

WSG acquires Nitrovia

WSG has extended its reach into the European gas and petrochemicals sector with the acquisition of Nitrovia for an undisclosed sum.

 
 

Repsol invests in the circular economy

Repsol is progressing toward its goal of promoting the use of circular materials by starting up a new production line for recycled plastics at its Puertollano Industrial Complex in Spain.