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Downstream contract news

 
 
 

Cemvita to deploy industrial plant in Brazil

Cemvita, the US-based industrial biotechnology company, have signed an engagement agreement with Invest RS, formalising its plan to build a facility in Rio Grande do Sul, Brazil.

 
 
 

VINCI wins contract for biofuel plant in Spain

Moeve and Apical have awarded Grupo Cobra and Masa – both subsidiaries of Cobra IS, part of VINCI Group – the electrical, piping, and industrial mechanical works of a biofuel plant in Spain.

 

Baker Hughes acquires Continental Disc

Baker Hughes has announced that it has completed its all-cash, US$540 million acquisition of Continental Disc Corp. (CDC) from investment partnerships managed by Tinicum Inc.

 
 

MOL and KazMunayGas sign oil trading agreement

MOL has imported 85 000 t of CPC blend into the Central and Eastern European region and signed an oil trading contract with Kazakhstan’s national oil company, KazMunayGas (KMG).