in this issue
People & Business :: M&A
CB&I acquires Phillips 66 gasification technology
10:51 AM MDT | March 21, 2013 | Lindsay Frost
CB&I (The Woodlands, TX) has announced it has entered an agreement with Phillips 66 to acquire Phillips’ E-Gas technology business—a gasification technology that converts coal or petroleum coke into synthetic gas (syngas), which is then used for power generation or further converted to substitute natural gas, hydrogen, and downstream methanol-related chemical production. “We look forward to adding the E-Gas technology to our portfolio, which will mark our entry into the syngas value chain," says Daniel McCarthy, group president of...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee