Monday, December, 10, 2018 12:20:52

Qatargas enters into a 22-year LNG supply agreement with PetroChina

Qatargas, the world’s largest liquefied natural gas company, has reportedly publicized a long-standing Sale & Purchase Agreement with PetroChina International Company Limited, a business unit of PetroChina (PetroChina Company Limited). Sources claim that the agreement has been signed to supply approximately 3.4 M tons of …

DuPont expands Sorona® polymer production capacity in North Carolina

DuPont Industrial Biosciences has recently completed the expansion of its manufacturing facility in Kinston, North Carolina where its high-performance, bio-based Sorona® polymer is produced. Subsequently, DuPont has extended the facility’s capacity to produce DuPont™ Sorona® polymer by 25%, resulting from the increased demand for the …

Aegion divests pipe coating & insulation business to Altamont Capital

Aegion Corporation has reportedly divested The Bayou Companies, LLC which is a wholly-owned subsidiary, to California based Altamont Capital Partners. The sale is apparently aligned with Aegion’s strategic plans that are targeted towards ensuring long-term earnings growth that is more predictable and sustainable. Sources familiar …