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European Commission urges Germany to act more against nitrate pollution in water

The European Commission says it is urging Germany to take stronger measures to combat water pollution caused by nitrates. The latest figures submitted by Germany in 2012 show that pollution in ground- and surface water caused by nitrates is getting worse...

Linde reports lower profits and revenues, confirms outlook

Linde (Munich), the gases and engineering group, today reported a 4.3% drop in second-quarter adjusted operating profit, to €969 million ($1.30 billion), on 1.3% lower revenues of €4.17 billion. Operating margin in the quarter was 23.3% compared...


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Engineering & Construction

Shaw Awarded Contract for Ethylene Expansion in Turkey

The client is Petkim Petrokimiya....

Transportation

Petkim sells stake in Petlim Port in Turkey to Goldman Sachs

Investment banking group Goldman Sachs has become a partner in Turkey’s largest integrated port, operated by Petkim, the country’s leading petrochemicals producer. The deal will boost the company’s plans to develop the port into the largest...

Distribution

PolyOne earnings rise, beat estimates, on improving margins

PolyOne today reported net income from continuing operations of $30.9 million, or 33 cts/share, down 24.9% year-on-year (YOY), on net sales down 2.9%, to $1.01 billion. Adjusted earnings, however, rose 37.8% YOY, to 51 cts/share, slightly ahead of...

Information Technology

Accenture to provide business and IT support services to Sadara

Accenture, a management consulting firm, and Sadara, a joint venture being developed by Saudi Aramco and Dow Chemical, have signed a multi-year agreement under which Accenture will provide business and IT support services to Sadara, leading to the opening of...

Environmental

Qatar Petroleum and UOP sign natural gas research agreement

Qatar Petroleum (QP) and UOP, a Honeywell company, have signed a joint research agreement into process optimization of carbon dioxide (CO2) and sulfur removal from natural gas, the companies announced today. The agreement was signed by Qatar’s...











 
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