Flügger A/S

Chemical Technology, Science and Research

International Petroleum Corp. (IPC) | February 07, 2023

On February 06, 2023, International Petroleum Corporation (IPC or the Corporation) announced the proposed acquisition of Cor4 Oil Corp. in Canada for asset consideration of USD 62 million nearly (CAD 84 million). The acquisition consists of total proved plus probable (2P); it was the same as 15.9 million barrels of oil as of December 31, 2022. The assets that will be bought are expected to have an average net production of 4,000 barrels of oil, approximately equivalent per day for the curr...

Chemical Technology

Johnson Matthey | July 18, 2022

Johnson Matthey a global leader in sustainable technologies, announces that it is building a £80 million gigafactory at its existing site in Royston, UK, to scale up the manufacture of hydrogen fuel cell components. Earlier this year, JM announced a refreshed strategy, with an ambition to be the "market leader in performance components for fuel cells and electrolysers," targeting more than £200 million sales in Hydrogen Technologies by end of 2024/25. The gig...

Chemical Management

Shell | June 02, 2022

Shell Retail and Convenience Operations LLC, a wholly owned subsidiary of Shell Oil Products US has completed the acquisition of certain company-owned fuel and convenience retail sites from the Landmark group of companies. The acquisition also includes supply agreements for the independently operated fuel and convenience sites. Building on the strength of its existing networks, this acquisition brings Shell closer to its customers and enhances Shell's market presence by growin...

Cen | September 17, 2020

CEFIC, Europe’s leading chemical industry association, is calling on the European Commission to allocate a share of Europe’s proposed $875 billion COVID-19 Green Recovery fund to the chemical industry to help it recover from the pandemic and simultaneously transform itself into a more environmentally sustainable business. Over the next few years, the Commission plans to make about $455 billion in recovery funds available in the form of grants and another $420 billion as loans....