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ExxonMobil | September 01, 2022
ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV. The transaction involves a share sale of Mobil California Exploration & Producing Asset Company. In addition, ExxonMobil affiliates have entered into a separate agreement for the sale of an associated loading facility and pipeline system. “Th...
Chemical Management
Celanese | October 11, 2022
Celanese Corporation a global chemical and specialty materials company, announced an investment in expanded capabilities to meet high global demand for pharmaceutical-grade polymers used in the development of implants and inserts for sustained-release drug delivery. The new 1,000-square-foot cleanroom facility, located in Edmonton, Alberta, will focus on cryogenic micronization of VitalDose® EVA material into a powder form that is ready to be blended with small molecules and biologics....
Rigzone | February 26, 2020
The American Chemistry Council (ACC) reported Tuesday that one of its economic indicators suggests a growth trend for the broader U.S. economy for much of this year. “The CAB signals gains in U.S. commerce into the fourth quarter of 2020,” ACC Chief Economist Kevin Swift commented in a written statement, referencing the organization’s Chemical Activity Barometer (CAB). According to ACC, the CAB stems from a composite index of chemical industry activity and comprises four main c...
Radio | January 30, 2020
The Westwego City Council listened to residents rail against the proposed $500-million chemical storage and distillation facility planned for the Kinder Morgan site on the Mississippi River in the community. The vote came following a presentation from Wanhua's U.S. CEO Eduardo Do Val. Do Val reportedly couldn't provide adequate questions about the plant's operations, safety features, or about the chemical the plant would distill into a number of chemical components for p...
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