Cashco has acquired UK-based 3B Controls, strengthening its portfolio of tank safety and pressure management solutions for the chemical, petrochemical, biogas and other industrial sectors. The acquisition expands Cashco's range of pressure and vacuum relief, flame arresting and gas blanketing technologies while establishing an additional manufacturing and service hub in the United Kingdom to support customers across global markets. Cashco, headquartered in Ellsworth, Kansas, is a provider of engineered pressure management solutions, including regulators, control valves and tank safety equipment, and is a portfolio company of May River Capital. Based in Widnes, England, 3B Controls manufactures pressure and vacuum relief valves, breather va…

Viva Energy Australia has officially commissioned a dedicated Sustainable Aviation Fuel (SAF) storage tank at its Pinkenba Terminal in Brisbane, marking a significant step in the development of infrastructure to support the adoption of lower-emission aviation fuels in Australia. The facility was officially launched by Queensland Treasurer and Minister for Energy David Janetzki, who was joined by Member for Clayfield Tim Nicholls, Viva Energy Chair Sarah Ryan and Chief Executive Officer Scott Wyatt at the Pinkenba Terminal. The new tank has been designed to store, blend, test and distribute SAF directly into Brisbane Airport's existing fuel supply network. The infrastructure is expected to improve the availability of SAF and support the avi…

JERA Co., Inc. has established JERA Global Energy Solutions (JERA GES), a wholly owned subsidiary that will oversee the company’s long-term liquefied natural gas (LNG), upstream, lower-carbon fuels and shipping portfolio. The move is aimed at strengthening JERA’s ability to respond to increasingly volatile and complex global energy markets while maintaining a secure energy supply for Japan. JERA GES will serve as the company’s exclusive platform for long-term LNG origination, bringing together portfolio strategy, market development and integrated portfolio management. The new entity will focus on building a stable and diversified long-term LNG portfolio by balancing supply sources with market opportunities while advancing the development of…

Hempel A/S has announced the appointment of Eric Alström as its new group president and chief executive officer, effective 1st August 2026. He succeeds Michael Hansen, who stepped down from the role and departed the company in June 2026. Alström joins the global coatings company following an interim leadership period led by executive vice president and chief financial officer Peter la Cour Gormsen and executive vice president and chief technology officer Emilie Barriau, who jointly guided the business during the CEO transition. Bringing more than three decades of international executive leadership experience, Alström has held senior roles across Europe, the United States, Japan, and China in the industrial technology, automotive, and manuf…

Yara International ASA has announced that its US subsidiary, Yara North America Inc., has entered into an agreement to acquire Gulf Coast Ammonia's (GCA) ammonia production facility in Texas City, Texas, for approximately $1.3 billion. The facility is being acquired from GCA Holdings LLC, an affiliate of Lotus Infrastructure Partners and MB Energy, subject to customary closing conditions and regulatory approvals. The acquisition aligns with Yara's long-term strategy to diversify its energy exposure while strengthening the competitiveness of its global ammonia production network. Once completed, the company will own an ammonia production plant with an expected nameplate capacity of 1.3 million metric tonnes per year. Under a long-term agree…