IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Technip Finalizes Stone & Webster Acquisition, Creates New Unit

8:59 AM MDT | September 14, 2012 | —Natasha Alperowicz

Technip (Paris) has completed the previously reported acquisition of Stone & Webster’s process technologies business and associated oil and gas engineering capabilities from the Shaw Group. Technip paid approximately $290 million in cash, which will be subject to customary price adjustments. There will be no material impact on full-year 2012 revenues or operating income with unchanged estimates, despite transaction and integration costs, Technip says. The acquired business should generate margins above those of Technip’s onshore/offshore segment...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa