The company announced that it will invest about 65 billion KRW ($54 million) by Q1 of next year to expand production of carbon nanotubes (CNT) by 1,200 tons at the company’s Yeosu plant.
Company's Jiading plant in Shanghai scales up production of waterborne coatings to meet customer demand for environmentally responsible products across southern and eastern China.
The order has a value of approximately SEK 95 million. It is booked in the Welded Heat Exchangers unit and the Gasketed Plate Heat Exchangers unit of the Energy Division, with delivery scheduled for 2021.
Lenzing AG and Palmers Textil AG have founded a new joint entity for producing and selling protective masks for the domestic and European markets beginning in May 2020
The company is taking up production as per requirements primarily to supply customers in the essential categories. This permission is valid till national lockdown date of 3rd May, 2020.
The four-year contract covers new gas turbine parts, component repair, maintenance and field services for a Frame 6B Gas Turbine.
Reflecting recent significant market volatility and oil price falls, BP and Hilcorp have successfully renegotiated the financial terms of the deal to respond to the current environment.
The company is engaged in the production of sugar and other sugar related activities via state-of-the-art manufacturing facilities equipped with a combined capacity of 21,500 tons of sugar per day
Crude prices nosedived from an average $55 per barrel in February to $33 in March and closed at around $20 end of March as demand slumped because of the pandemic
Under the terms of the deal, Total will acquire all of Tullow’s existing 33.3334 per cent stake in each of the Lake Albert project licenses EA1, EA1A, EA2 and EA3A and the proposed East African Crude Oil Pipeline (EACOP) system
The company had earlier announced about the temporary shut-down of operations at the company's Paradeep unit with effect from 24th March 2020 as a proactive measure towards the containment of the spread of COVID-19.
RIL's 35.2 million tonnes a year SEZ refinery processed 2.51 million tonnes of crude oil into fuel in March, a drop of 24 per cent year-on-year
Upgraded solution drives safer, more profitable oil storage terminal operations through automation
Managed by Bapco and CLG, the Center of Excellence focuses on training operators using dynamic simulators in a distraction-free environment through interactive plant operation scenarios for effective cognitive retention
The project includes basic design for a 180,000 bpd refinery and Front End Engineering Design (FEED) study for its planned Phase III oil storage terminals in Fujairah
The project will help support the expansion of the existing refinery into an integrated petrochemical complex
The contract represent the latest collaboration between Novatek and CCC, which previously worked together on turbomachinery optimization and standardization for the Yamal LNG project
The joint venture has been established with the aim of verification and commercialization of the technology converting combustible waste into ethanol using the microbial catalyst
CRC and BP have agreed to explore opportunities to strengthen their co-operation on PTA sourcing and work together along the polyester value chain
Both companies have resumed stalled activities on projects while maintaining strict corona virus-related health and safety hygiene
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