Contribution By Akshay Kedari
November 1, 2018
TechnipFMC, which provides complete project lifecycle services for the energy segment, has recently won a contract for modernizing and expanding Middle East Oil Refinery’s (MIDOR’s) complex near Alexandria, Egypt. MIDOR, established in 1994, refines crude oil and produces high-quality petroleum products for domestic and international …
Britain to impose tax on non-recycled plastic packaging from 2022
October 30, 2018
Britain’s Finance minister, Philip Hammond, has recently said that the country will impose a new tax on those who import or produce plastic packaging which contains less than 30% of recycled material. This measure, which aims to minimize waste and assist in tackling climate change, …
Germany’s BASF bags its second China chemicals deal in four months
October 29, 2018
The German chemical company BASF SE has reportedly announced that it has inked a Memorandum of Understanding (MoU) with a Chinese Petroleum & Chemical firm Sinopec Corporation to construct a steam cracker in the eastern region of China. Reports cite, the latest deal is the …
Stahl unveils first center of excellence for powder coatings in Spain
October 29, 2018
The Netherlands-based chemical firm Stahl Group has reportedly announced to have launched its first center of excellence for powder coatings at L’Hospitalet de Llobregat, Barcelona in Spain. As per trusted sources, the strategic location of the new testing and knowledge center would enable the company …
Exxon Mobil starts preparing Texas refinery for shale oil expansion
October 27, 2018
Exxon Mobil Corporation has reportedly commenced the groundwork at its Texas refinery which is slated to become the biggest in the United States. As per trusted sources, the move comes ahead of a final investment decision on expanding the facility. Reportedly, the firm has further …
KushCo Holdings now a member of Sustainable Packaging Coalition
October 26, 2018
KushCo Holdings, the cannabis industry’s reliable packaging company has reportedly become a part of the global brand tier in the Sustainable Packaging Coalition. As per trusted sources, the company will implement environment-friendly packaging solutions that meet its product and customer demands. Nick Kovacevich, CEO of …
CNOOC & Shell join forces to develop a petrochemical project in China
October 26, 2018
China’s third-largest national oil company China National Offshore Oil Corporation (CNOOC) has reportedly announced to have inked a memorandum of understanding (MOU) with Shell International Petroleum Company Ltd. As per trusted sources, the MoU aims to develop petrochemical manufacturing facilities and explore the existing collaboration …
Digix, SilverGoldBull to jointly expand product & service portfolios
October 25, 2018
The Singapore-based DigixGlobal Pte Ltd. has recently announced a collaboration with the leading bullion dealer of the United States, SilverGoldBull (SGB), in a bid to jointly complement and strengthen both the firms’ products and services portfolio. As per trusted sources, Digix, under the agreed terms, …