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Honeywell | January 14, 2021
Hengli Petrochemical Co. Ltd has effectively utilized Callidus burner innovation from Honeywell UOP to limit nitrogen oxide (NOX) and carbon monoxide (CO) discharges in China, and decrease the effect of these outflows while guaranteeing protected and stable tasks. Hengli chose Callidus progressed flares and low-NOX burner innovation in 2017 to follow ecological guidelines and improve energy productivity and operational wellbeing at its treatment facility and petrochemicals complex...
CHEMICAL MANAGEMENT
Braskem | June 15, 2022
Braskem Idesa announces the signing of an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico, called "Puerto Mexico Chemical Terminal". The project's total investment will be approximately US$400 million, construction should begin in July 2022, and it is planned to be completed by the end of 2024. The Terminal will be developed in the municipalities of Coatzacoalcos and Nanchital, in the st...
CHEMICAL TECHNOLOGY, CHEMICAL MANAGEMENT
Matador Resources | January 25, 2023
On January 24, 2023, Matador Resources Company announced that a fully-owned subsidiary of Matador had signed a definitive agreement for the acquisition of Advance Energy Partners Holdings, LLC, which includes oil and natural gas producing properties and undeveloped land in New Mexico, Lea County, and Ward County, Texas. The consideration for the Advance Transaction will include an initial cash payment of $1.6 billion, depending on customary closing adjustments, as well as additi...
CHEMICAL MANAGEMENT, MARKET OUTLOOK
Business wire | June 07, 2023
M. Holland Company, a leading international distributor of thermoplastic resins and ancillary materials, today announced a new partnership with Febo S.p.A, an established European distributor of thermoplastic resins and petrochemical products. Under the agreement, Febo will have distribution rights for M. Holland products in Italy, Greece and the Balkans. The partnership extends M. Holland’s commercial reach in Europe, building upon existing business agreements in Ireland and the Uni...
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