Golden Triangle Industrial Group

📣 Today we have entered into a binding equity purchase agreement for the sale of 100% of our 1.1 million metric ton per year Clean Ammonia project to Woodside Energy for USD 2.35 billion, following a competitive process. The transaction is expected to close later this year. 🏗 OCI will continue to be responsible for the construction, commissioning and successful startup of the plant and for delivering a fully staffed and operational facility by project completion. 🗺 OCI Clean Ammonia is the world’s first large-scale, low-carbon intensity hydrogen-based greenfield ammonia facility and is anticipated to meet blue ammonia specifications by any standard announced to date. It is the only blue ammonia facility under construction globally and is expected to produce first ammonia in 2025. Read the full story on our website here: https://lnkd.in/dD9hsv-i

#Downstream News Air Liquide $850mm Investments Link: https://lnkd.in/gxXN7fW8 "Air Liquide plans to invest up to $850 million dollars to build, own and operate four Large Modular Air separation units as well as related infrastructure in the framework of a long-term binding agreement with ExxonMobil for its planned low-carbon #hydrogen project in Baytown, TX" #asu #airseparation #oxygen

Energy Transfer Closes on $2.275 Billion #Acquisition 🔗 https://lnkd.in/g4CGu3zK "Energy Transfer LP (NYSE: ET) (Energy Transfer) announced today the completion of its previously announced acquisition of WTG Midstream Holdings LLC (WTG). Total consideration for the transaction was $2,275 million in cash and approximately 50.8 million newly issued ET common units." #mergers #acquisitions #gasprocessing

Lets go!

1.8 Billion Deal: Honeywell to Acquire Air...Read More https://lnkd.in/dU_6CVdn Honeywell To Acquire Air Products’ Liquefied Natural Gas Process Technology And Equipment Business To Expand Energy Transition Solutions And Services Our Dedicated Page for News is Almost Ready for 🚀 Allstream Insiders - “Insider” News for Industry FOLLOW ☝☝ ☝☝

Get some good insight on local projects and upcoming economic topics!

#Biofuels News: AGRA Industries, Inc. w/ Carbon Clean MOU signed. More: https://lnkd.in/gYcdrKX3 Carbon Clean, a leader in revolutionising #carboncapture solutions, has signed a Memorandum of Understanding (MOU) with AGRA Industries, an established leader in the design, #fabrication and complete construction of turnkey facilities. Under the strategic partnership, AGRA Industries and Carbon Clean will collaborate to provide Carbon Clean’s semi-modular CaptureX technology to companies in agriculture-related sectors, including the production of #biofuel #ethanol and sustainable aviation fuels. #SAF #EPC #Design

$1 Billion “Project Redstone” Breaks Ground Oxy Click here 👉 👉 https://lnkd.in/gsT4PFRi Deer Park: OxyChem Now Approved for their Proposed $1.1 Billion Overhaul and Expansion -Project info and Location Follow our NEW Dedicated News Channel: 👇👇👇👇 Allstream Insiders - “Insider” News for Industry 👆👆👆👆 #downstream #epc #industrial #civil

💥💥Here are some fireworks💥💥going into the holiday - $91.8 million approved by FERC for Transco #Pipeline 👇👇