Ticona expands capacity
Ticona, the technical polymers unit of Celanese AG, has expanded its North American compounding capability by adding 20% more capacity at its plant in Shelby, NC, and 30% more capacity at its plant in Florence, Kentucky, USA.
Iran signs South Pars deals
Iran will shortly sign the agreements to implement phases 9 and 10 of the giant South Pars gas development projects, Oil Minister Bijan Namdar Zangeneh has said.
Statoil gives contract to Samsung
Norway's Statoil has given a NOK 475 million contract to Korea's Samsung Heavy Industries Co to construct the steel hull for a production platform to be used in the Kristin field in the North Sea.
Pennsylvania power
Foster Wheeler Ltd has announced that its subsidiary, Foster Wheeler Power Group Inc., has been awarded a contract valued at approximately USD 200 million by LMB Funding Limited Partnership, to engineer, procure and construct a nominal 600 MW capacity combined-cycle natural gas-fired power plant.
Section 201 exclusions
The US Department of Commerce and the Office of the United States Trade Representative have announced the release of the final set of products to be excluded from the Section 201 safeguard measure on steel products.