ExxonMobil arbitration could stop US$53bn Chevron/Hess merger
EXXONMOBIL has filed for arbitration in a bid to stop Chevron from getting Hess’s 30% stake in th...
News - Industry
Mondi agrees £5bn deal for DS Smith in bid to create packaging heavyweight
MONDI has agreed to buy rival DS Smith for £5.1bn (US$6.5bn) in a deal which will create one of t...
Evonik to slash 2,000 jobs in cost-cutting overhaul
GERMAN chemical company Evonik plans to cut 2,000 jobs worldwide after it reported a net loss of ...
Aluminium producer Alcoa agrees US$2.2bn deal to acquire Alumina
Alcoa is set to secure its position as one of the world’s largest alumina and bauxite producers w...
Further job losses expected as BASF announces more cost cutting at its Ludwigshafen site
BASF has announced further measures to cut costs at its Ludwigshafen site in Germany. It aims to ...
Southern Water fined £330,000 after stream pollution killed 2,000 fish
A UK court has fined Southern Water £330,000 (US$416,748) for a raw sewage leak in July 2019 that...
Industry makes urgent call for investment ‘reboot’ to support European Green Deal
EUROPEAN industry has presented the Antwerp Declaration for a European Industrial Deal, an urgent...
Australia funds A$14m cleantech support centre
AUSTRALIA is funding a A$14m (US$9.2m) centre that will help companies manufacture and adopt rene...
UK quits ‘climate-wrecking’ Energy Charter Treaty after efforts to modernise it fail
The UK government is leaving the “outdated” and controversial Energy Charter Treaty (ECT), an int...
QatarEnergy and Chevron Phillips Chemical break ground on US$6bn Ras Laffan petrochemical complex
OWNERS QatarEnergy and Chevron Phillips Chemical (CPChem) have started construction on a US$6bn p...
UKAEA and CNL announce tritium partnership as UK signs fusion agreement with Canada
THE UK Atomic Energy Authority (UKAEA) and Canadian Nuclear Laboratories (CNL) have announced a p...
BHP, Rio Tinto, and BlueScope partner to decarbonise Australian steelmaking with electric melter pilot
AUSTRALIAN iron ore majors BHP and Rio Tinto have partnered with a leading steelmaker in the coun...
Hayward welcomed as new chair of NEPIC
Dai Hayward has been appointed chair of the North East of England Process Industry Cluster (NEPIC).
Diamondback Energy and Endeavor Energy Resources merge to form leading Permian oil and gas producer
OIL AND GAS company Diamondback Energy and Endeavor Energy Resources, an exploration and producti...
Small nuclear reactors could power Teesside chemicals industry
A DEAL has been struck to build a fleet of four small modular nuclear reactors (SMRs) in Teesside...
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