Office Cherifien des Phosphates (OCP; Casablanca), the global leader in phosphate rock and derivatives market, and Jacobs Engineering have formed an equally owned joint venture, Jacobs Engineering SA (JESA). JESA will provide engineering, project management...
Larsen & Toubro (L&T; Mumbai) says it has secured a contract valued at Rs.20350 million ($447 million) from ONGC Mangalore Petrochemicals Ltd (OMPL; Mangalore, India) for its previously announced aromatics complex to be built in the Mangalore special...
Mitsui Chemicals says it has temporarily suspended operations at its 553,000-m.t./year ethylene plant at Ichihara, Japan, to conduct repairs and maintenance. Operations at the ethylene plant were first...
Dow Chemical has declared force majeure on phenol in the Americas due to “circumstances beyond its reasonable control.” The company’s Oyster Creek, TX phenol facility, which...
Yara International said today that it will not raise its offer for Terra Industries to match or exceed a bid form CF Industries Holdings. Yara agreed last month to buy Terra for $4.1 billion in a deal, which would create a global fertilizer giant and...
Deepak Fertilisers and Petrochemicals (Pune, India), in a statement to the Bombay Stock Exchange (Mumbai), says it has entered into non-binding commercial negotiations with mining services company Australian Explosive Technologies Group (AET; Parkside, Australia) for...
The company raised its guidance significantly due to rebounding potash demand and improving nitrogen and phosphate margins....
Terra Industries says it has accepted CF Industries' $47.40/share offer, which was made on March 2. The offer values Terra at about $4.72 billion. Terra has informed Yara International, which offered to buy the company for $41.1/share last month, that...
Operations at the Ras Laffan Olefins Co. (RLOC) ethylene unit in Ras Laffan, Qatar are expected to start this month, according to Chevron, parent of one of the joint venture partners in the project....
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