Anadarko signs Lucius joint venture deal
Anadarko Petroleum Corporation has signed a definitive agreement to enter into a joint venture capital carry arrangement for Anadarko's ownership in the Gulf of Mexico Lucius development project with an undisclosed party.
Alfa Laval acquires Vortex Systems
Alfa Laval has acquired U.S. Manufacturer of mixing and blending solutions for the oil and gas industry, Vortex Systems. Vortex Systems wills be consolidated and integrated into Alfa Laval from June 30th, 2012.
Sunoco & Carlyle Group form refinery joint venture
The Carlyle Group L.P., global asset manager and Sunoco Inc. have agreed to form a joint venture Philadelphia Energy Solutions, that will enable the historic Philadelphia refinery to continue to operate.
BASF acquires ITWC Incorporated
BASF has acquired Malcom, Iowa-based ITWC, which specializes in cast elastomer polyurethane systems and polyester polyols. BASF is acquiring ITWC's assets, including those obtained during the company's acquisition of Hydroseal Polymers Inc.
S.C. State receives funds from nuclear security ag
South Carolina State University has received almost USD$1 million to assist students in the nuclear engineering field, from the National Nuclear Security Administration. The leaders at the Orangeburg school were presented the funds by Administration representatives last week.