.January 18, 2024

Moda completes sale of Vopak Moda Houston terminal interest

Moda Midstream announced that the company and its financial sponsor EnCap Flatrock Midstream completed the previously announced sale of Moda’s 50% interest in the Vopak Moda Houston terminal joint venture to Madrid-based Exolum. Read More

Westlake Global Compounds and Westlake Dimex partner together in reducing waste

Westlake Global Compounds, a provider of PVC compounds, is combining its sustainability efforts with Westlake Dimex, a leading recycler of industrial PVC. Read More

Plaquemines Port and APM Terminals unveil strategic partnership to develop a major container terminal

APMT is one of the largest terminal operators in the world and is a subsidiary of A.P. Moller-Maersk, a global leader in logistics services. APMT currently operates four container terminals in the U.S. Read More

Aramco expands global venture capital program with $4B funds injection

Aramco, one of the world's leading integrated energy and chemicals companies, has allocated an additional $4 billion to its global venture capital arm, Aramco Ventures. Read More

LYB enters into agreement to acquire 35% of Saudi Arabia-based NATPET

LyondellBasell announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corporation for approximately $500 million. Read More

ExxonMobil to buy another 1.2 million tons of LNG per year from Mexico Pacific

Mexico Pacific said it had reached a deal to supply ExxonMobil with an additional 1.2 million tons per year of liquefied natural gas, clearing the way for a final investment decision to expand its Saguaro Energia LNG plant. Read More

The pipeline integrity experts are all under one roof this February

As the only forum devoted exclusively to pigging for pipeline maintenance and inspection, engineering assessment, repair, risk management and NDE, the Pipeline Pigging and Integrity Management conference (PPIM) in 2024 will again strive to bring the most relevant and timely information to the pipeline industry. Register

Valuable Resources

BIC Photos: CLIMAX Annual Customer Appreciation Event
BIC Website: People Going Places
BIC Video: Merichem CEO Kendra Lee discusses the sale of the company’s technology business unit to Black Bay
BIC Website: Natural Gas/LNG

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