Stork bags asset integrity contract by Chrysaor

Stork, a diversified services segment of Fluor Corporation (FLR) has been awarded a one-year contract plus two options of one-year each by Chrysaor.

The contract will see Stork continue to deliver an integrated portfolio of specialist asset integrity support services to the Armada, Everest and Lomond offshore production platforms located in the Central North Sea.

Under this contract, Stork will deliver an inclusive range of services and capabilities to extend the assets’ life cycle. Through proven methodologies, Stork will assess any necessary work, optimize and deliver an inspection process to meet the operational strategy for each asset and then undertake any necessary repairs. This integrated capability reduces failures while extending an asset’s life.

Read more: Stork bags asset integrity contract by Chrysaor

Praxair to build new air separation plant at Samsung's Tangjeong site

Praxair Inc (PX) has signed a long-term agreement to build, own and operate an air separation plant that will supply 700 tonnes per day of nitrogen to Samsung’s display manufacturing complex in Tangjeong, South Korea.

This complex is the largest sixth-generation flexible organic light emitting diodes (OLED) panel plant in the world. Its capacity is increasing in 2017 in order to meet global market demand. OLEDs are used in a variety of products including televisions, mobile devices, digital cameras, virtual reality headsets and laptops.

This will be Praxair’s fourth air separation plant supporting the facility and it is expected to start up in 2018. This additional nitrogen will be used for cooling and purging applications in Samsung’s manufacturing process. Praxair has provided a reliable supply of nitrogen, oxygen, argon, helium and other gases to many of Samsung’s operations, including the Tangjeong LCD factory, for more than 25 years.

Read more: Praxair to build new air separation plant at Samsung's Tangjeong site

White Tale increases stake in Clariant to above 20 pc

Clariant has confirmed that White Tale Holdings, the biggest investor in Clariant, has increased its stake in Clariant in additional of 20 percent.

This follows earlier mandatory notifications by White Tale Holdings to the Swiss Stock Exchange (SIX) regarding its holdings.

Read more: White Tale increases stake in Clariant to above 20 pc

Transocean bags two-year contract for Deepwater Invictus

Transocean Ltd (RIG) said that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately $106 million. The contract is expected to commence in the second quarter of 2018.

Read more: Transocean bags two-year contract for Deepwater Invictus

Kraiburg presents new thermoplastic elastomers for automotive applications

Kraiburg TPE, a leading global manufacturer of thermoplastic elastomers said that it will present a new series of thermoplastic elastomers, that were specially developed for excellent adhesion and UV resistance in two-component applications with ethylene propylene diene monomer rubber (EPDM).

The new compounds of the THERMOLAST K family are intended primarily for automotive applications such as EPDM window trim and sealing profiles with moulded TPE corner joints and end elements.

The automotive industry is the largest and fastest-growing market for thermoplastic elastomers (TPE). New applications exist for the segment of door and window seals, which require dimensionally stable corner joints and end elements. This has been achieved in the past with styrene-butadiene compounds (SBC) and crosslinked thermoplastic vulcanized (TPV) rubber.

The cost-effectiveness of TPV is limited, however, due to diverse factors in the manufacturing process, in particular, the window trim. The EPDM adhesion series from Kraiburg TPE offers a good alternative with added value.

The core requirements for corner joints and end elements of window trim profiles include excellent adhesion and weathering resistance, which are ensured by the long-term process stability of the TPE/rubber connection. It is also necessary to minimize the injection temperature of the TPE solutions in order to reduce the cooling and cycle times of the 2-component elements.

Read more: Kraiburg presents new thermoplastic elastomers for automotive applications

DowDuPont unveils new brand name for Dow Corning silicone products

Dow Performance Silicones, a global business unit of DowDuPont Materials Sciences division, announced the rollout of a new product brand name—DOWSIL, for its heritage Dow Corning high-performance silicone-based building products.

The new DOWSIL product brand name represents the combined power of Dow and Dow Corning and emphasizes longstanding global expertise in silicone technologies across dozens of industries.

Dow Corning revolutionized the way architects and fabricators design commercial facades, with 50+ years of proven performance in Silicone Structural Glazing (SSG) and Weatherproofing Sealants (WP). Customers can continue to rely on the same trusted silicone chemistries, features and product benefits for their designs under the new DOWSIL name.

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TechnipFMC to acquire Plexus’ exploration wellhead business

TechnipFMC (FTI) has reached an agreement with Plexus Holding plc (Plexus) to acquire Plexus’s wellhead exploration equipment and services business for jack-up applications. In combination with TechnipFMC’s global footprint and market presence, this portfolio expansion in the mudline and high-pressure high temperature (HPHT) arena enables TechnipFMC to be a leading provider of products and services to the global jack-up exploration drilling market.

The business will be integrated into the TechnipFMC surface technologies segment and will include the transfer of key personnel from Plexus, with their specialized know-how, to ensure continuity and ongoing customer support. The business will continue to operate from the existing location in Dyce, Aberdeen, UK. Completion of the transaction is subject to the satisfaction of certain closing conditions.

Read more: TechnipFMC to acquire Plexus’ exploration wellhead business