Tag: joint venture

Amaero signs a JV Agreement with Rabdan

Amaero International Limited has signed a binding joint venture agreement (JV Agreement) with Rabdan Industries for additive manufacturing and powder production in Abu Dhabi,...

BP to expand its petrochemical presence in Korea

BP and Lotte have agreed a major expansion of production capacity at their joint venture Lotte BP Chemical Company Limited facility in Ulsan, South Korea The expansion is expected to add 100,000 tonnes a year (tpa) of acetic acid capacity by May 2019 through debottlenecking, and to double the current 200,000 tpa vinyl acetate monomer (VAM) capacity with the addition of a second VAM plant by the end of 2020.

Fluor Joint Venture for LNG Canada Project

Fluor Corporation announced its joint venture partnership with JGC and has been selected as the engineering, procurement and construction contractor for LNG Canada’s proposed liquefied natural gas (LNG) export facility in Kitimat, British Columbia, Canada.

Reliance and BP join forces

According to MarketWatch, U.K.-based BP PLC is spending USD $7.2 billion to buy a 30% stake in oil and gas blocks controlled by Reliance Industries in India.

Niger Uranium invests in Nickel

Niger Uranium Limited will invest ZAR 25 million for nickel exploration in South Africa and Zimbabwe in order to garner substantial, low grade but lucrative, open-pittable sulphide nickel mineralization.

Rio Tinto and BHP Billiton iron ore JV

On 4 June 2009 Rio Tinto and BHP Billiton signed a non-binding agreement to establish a production joint venture covering the entirety of both companies' Western Australian iron ore assets.

Petrobras sets up natural gas joint venture

Petrobras has announced the signing of a deal with local industrial group White Martins to form a natural gas company.

Stainless JV in Malaysia

FACB Industries Inc Bhd subsidiary Kanzen Tetsu Sdn Bhd has teamed up with Arcelor group to set up a stainless steel shearing and slitting facility in Shah Alam, Selangor.

Jindal planning Chinese venture

Jindal Stainless is planning a joint venture (JV) with a Chinese company, which is in talks to buy its US subsidiary Massillon Stainless Inc.