More than US$50bn worth of deals for Saudi Arabia
SAUDI Arabia has announced more than US$50bn worth of deals in oil, gas, infrastructure and other...
News - Business
Consortium bails out Singapore water treatment firm Hyflux
TROUBLED Singapore water treatment firm Hyflux has been rescued by a S$530m (US$384m) investment ...
AkzoNobel Specialty Chemicals renamed Nouryon
AKZONOBEL Specialty Chemicals has been renamed Nouryon following its sale to the Carlyle Croup an...
BASF and LetterOne agree to merge oil interests
GERMANY’S BASF and LetterOne have agreed to merge their oil and gas subsidiaries Wintershall and ...
Canada's LNG project gets green light
A large-scale LNG project in Canada has been given the final go-ahead by project partners.
ThyssenKrupp splits in two
THYSSENKRUPP has announced that it will separate its industrials and materials divisions into two...
Novartis plans job cuts
NOVARTIS, the pharmaceuticals group, has announced plans to cut more than 2,000 jobs in the UK an...
Drax in talks to acquire Scottish Power assets
DRAX, the UK power company, has entered talks to discuss acquiring Scottish Power energy assets f...
Major new refinery proposed for Canada
INDIGENOUS communities and Chinese companies are planning to build a 167,000 bbl/d refinery in Al...
ExxonMobil plans US$650m upgrade to Fawley refinery
EXXONMOBIL is planning on upgrading its Fawley refinery, in the company’s biggest investment in t...
Wood awarded new contracts at Norwegian refinery
WOOD has been awarded two strategic modifications contracts for Equinor’s Mongstad refinery in No...
Climeworks raises funds to expand direct air capture business
CLIMEWORKS has raised CHF30.5m (US$30.8m) to further industrialise its technology which directly ...
No deal Brexit will hit chemicals sector hard, government warns
THE UK Chancellor has warned that the chemicals sector will be one of the hardest hit by a ‘no de...
Cabot Microelectronics to acquire KMG Chemicals
CABOT Microelectronics, the world’s leading supplier of chemical mechanical planarisation (CMP) p...
Lanxess to sell JV stake to Saudi Aramco
SPECIALTY chemicals group, Lanxess plans to sell its 50% share of Arlanxeo to its joint venture p...
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