Europe
Solvay and Rhodia are joining together
Solvay and Rhodia have a framework agreement allowing Solvay to launch a friendly cash offer for 100% of the share capital of Rhodia. The cash offer at €31.60 per share values the equity of Rhodia at €3.4 billion and the enterprise value at €6.6 billion, representing a REBITDA multiple of 7.3x
Shaw and Axens will license “next gen” FCC technology
The Shaw Group and Axens have been selected to license a next-generation catalytic cracking technology that will help refiners maximize the production of propylene and other high-value refinery products
Evonik starts up new isobutene plant in Antwerp
Evonik Industries, based in Essen, Germany, has started up a new facility to produce high-purity isobutene at its site in Antwerp, Belgium.
Petroplus converting Reichstett refinery to terminal
Petroplus Holdings AG announced the conclusion of the formal information and consultation process with the Reichstett Refinery Works Council to propose terms to cease refining operations and convert the site near Strasbourg, France, to a terminal.
Optimize cracked-gas compressors with smart-automation technology
Machine health monitors can provide critical information to avoid unit and plant-wide shutdowns
Accurate feedstock selection and planning are critical to profitability
Linear programming plays a vital role for ethylene producer
Better control-loop management lowers energy costs
This petrochemical producer found improved output and became more energy efficient through new software
Improve evaluations for your industrial gas needs
Petrochemical and refining complexes are significant consumers of industrial gases; here are some tips in planning process-gas needs
Meeting diesel specifications at sustained production
New approach rethinks operations of crude and vacuum distillation units to recover more distillate
Low-pressure absorption of CO2 from flue gas
Case study accomplished 95% sequestration using methyldiethanolamine aqueous solution
- Yara to rethink U.S. ammonia project if EU suspends carbon levy 1/16
- Veolia and SBM Offshore partner to deploy near-shore, floating desalination units 1/15
- Formosa Petrochemical extends Taiwan cracker shutdown due to weak derivative margins 1/15
- Cargill advances maritime Decarbonization with delivery of first green methanol dual-fuel vessel 1/15
- Key U.S. energy, power trends at home and on world markets 1/15
- U.S. to finalize 2026 biofuel quotas by early March, drop import penalties 1/15
