Total to sell 9.99 pc stake in Dunkerque LNG terminal


Total to sell 9.99 pc stake in Dunkerque LNG terminal

Total SA has decided to enter into an agreement to sell its 9.99 percent stake in the Dunkerque LNG terminal, as a part of a broader sale process initiated by EDF Energy (65.01 percent) earlier this year. At the completion of the transactions two buyers, a consortium composed by Fluxys Europe B.V. (currently 25 percent), AXA Investment Managers and Credit Agricole Assurances on one hand and another consortium composed of Samsung Securities Co Ltd, IBK Securities Co Ltd and Hanwha Investment & Securities Co Ltd on the other hand, will hold a 35.76 percent and 39.24 percent respectively. Read More

 

Archer Daniels Midland Company (ADM) has reached an agreement to acquire Probiotics International Limited (PIL), a UK based provider of probiotic supplements for human, pet, and production-animal use. The all-cash transaction will be valued at £185 million. The deal is expected to close in the third quarter. PIL, based in Somerset, UK — and known under its umbrella brand Protexin — is a leading provider of probiotic supplements for human wellness and animal markets, including aquaculture, equine, livestock and companion animals. With sales into more than 60 countries, PIL produces the popular Bio-Kult brand of probiotic supplements along with contract-manufactured products. Read More

Chemistry of Nail Polish

Painting your nails with nail polishes may not look like a complex chemical process, but there is much more in it than what seems to eyes. In this article, let’s look at distinct chemistry coming up together to color your nails beautifully. What is Nail Polish? First, let us know about what nail polish basically is. Nail polish or nail varnish is a lacquer used to apply to human nails, mainly for the purpose of decoration and protection. Nail polish was originated in china, dating back to 3000 BC. Read More

 

Heat Exchangers Applications in Chemical Industry

Heat exchangers have been successfully employed for decades in the chemical industry in the most diverse sectors, such as the cooling and heating of base, intermediate and final products, heat recovery or also the tempering of containers, reactors and autoclaves. They are mainly used to transfer the heat from one fluid/gas to another. While there are a variety of applications and adaptations of the heat exchanger, here are their four typical adaptations: Cooling hot liquids; Heating and drying; Heating cold liquids; Cooling and condensing. Read More

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