26.03.2020
- In the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending (CAPEX) for growth projects to...
07.11.2019
- US specialty chemical company Kraton has agreed to sell its Cariflex business to South Korean petrochemical group Daelim Industrial for $530 million. The transaction, which is...
30.01.2019
- US contractor McDermott International has won what it terms a “sizeable” technology contract from Chandra Asri Perkasa (CAP) for the detailed engineering of eight proprietary...
02.11.2018
- Saudi Arabian Mining Company (Ma’aden) has awarded an engineering, procurement and construction (EPC) contract to South Korea’s Daelim for the first plant to be built as part of...
04.02.2018
- South Korea’s Daelim has agreed with Thailand’s PTT Global Chemical (PTTGC) to jointly develop a proposed ethane cracker and PE complex in Ohio, USA. The project has been under...
27.03.2017
- South Korea’s Daelim Industrial has joined the main bidding to acquire Williams Partners’ olefins plant in Geismar, Louisiana, USA, according to a report in the newspaper Korea...
25.08.2015
- Specialty chemical and lubricant producer Lubrizol has signed a licensing agreement to use Daelim’s polyisobutylenes (PIBs) technology for a new plant in Deer Park, Texas, USA. PIB...
23.03.2015
- The chemical industry is a booming sector for industrial plant manufacturers. Among other things, the shale gas bonanza in the US is inundating European and especially German...