Latest news with #GaryKennedy
Business Wire
08-05-2025
- Business
- Business Wire
Bakelite Synthetics Named Top Level Industry Partner of Louisiana Tech's Soon-to-Open Forest Products Innovation Center
ATLANTA--(BUSINESS WIRE)--Bakelite Synthetics ('the Company'), announced today that it is proud to support the Louisiana Tech University's new Forest Products Innovation Center as the design and construction 'Top Level' Industry Partner. The collaboration establishes the Company as a prominent industry leader, providing industry-relevant testing and research needs to countless students and industry experts. As an industry partner, Bakelite Synthetics will collaborate with students, faculty, and other industry leaders to advance ideas and technologies. The Company will also work with research teams to develop scientific discoveries that lead to innovative and valuable solutions for the forest products industry. 'We are proud to support Louisiana Tech University's Forest Products Innovation Center as a 'Top Level' Industry Partner. This partnership underscores Bakelite's commitment to advancing sustainable innovation and fostering collaboration with universities and the forest products industry,' said JP Aucoin, President and CEO of Bakelite Synthetics. 'By partnering with students, faculty, and industry leaders, we aim to drive innovation and develop valuable solutions that will benefit the timber industry and our planet while empowering the next generation of aspiring scientists.' With a rich history of more than 100 years, Bakelite Synthetics is committed to advancing sustainable product development by leveraging innovative chemistry to create materials that improve everyday life and protect the planet. Bakelite Synthetics serves multiple industries, including wood and forest products, with a focus on safety, sustainability, and long-term community impact. The Forest Products Innovation Center will serve as a hub for developing new methods to capture, produce, and utilize Louisiana's renewable and sustainable forest resources. As part of Louisiana Tech's Tech 2030 strategic initiative, the center will foster interdisciplinary collaboration among faculty and students in fields such as forestry, chemical and industrial engineering, and sustainable supply chain management. This collaborative approach will help address the evolving needs of the timber industry while benefiting the state, region, and global economy. Dr. Gary Kennedy, Dean of the College of Applied and Natural Sciences at Louisiana Tech, said, 'We are excited to have Bakelite join our Forest Products Innovation Center team. Bakelite's strategic approach to innovation and sustainability aligns perfectly with our vision for the center. Bakelite is the first corporation of its kind to partner with us, as it is not directly a forest products company. Instead, it supports the forest products industry through the development of resins, coatings, and adhesives. In addition to an engineered wood products lab and a testing lab, the center will also have multiple chemistry and analytical labs, which will be a great fit for Bakelite's product line and research interests.' The Center is expected to generate greater economic opportunities for the state, create a lasting impact on academic and professional development, and provide a space for solving challenges in the timber industry through a transdisciplinary approach. About Bakelite Synthetics Based in Atlanta, Georgia, Bakelite Synthetics is a leading global integrated producer of thermoset specialty resins, solutions and engineered thermoset molding compounds serving a variety of segments and end markets across geographies. Additional information about Bakelite Synthetics and its products is available at
Trade Arabia
06-04-2025
- Business
- Trade Arabia
Drydocks World wins FPSO refurbishment contract
Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO Baobab Ivoirien, by Modec Management Services, further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 sq m of tank coating, and 11,500 m of new piping. The scope also covers enhancements to crew living quarters and integration of advanced technologies to boost its efficiency and reliability. Upon completion, the vessel's lifespan will be extended by 15 years, ensuring sustained energy production for West Africa. Drydocks World, a DP World company, has a proven track record in vessel refurbishments, life extensions and conversions, having successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This latest contract underscores its unmatched expertise in offshore engineering and life extension solutions while reaffirming its commitment to delivering tailored solutions that meet the unique operational needs of its clients. The FPSO Baobab Ivoirien plays a crucial role in West Africa's offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the Baobab oil field, 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World's Dubai facility for its eight-month refurbishment. The contract signing ceremony, held at Drydocks World, was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services. Capt Rado Antolovic PhD, CEO of Drydocks World, said: 'Signing this agreement with Modec highlights our expertise in complex FPSO refurbishment and life extension projects. Our proven track record in executing large-scale offshore engineering works positions us as the ideal partner to enhance the vessel's longevity, efficiency, and operational safety. We are proud to support MODEC in ensuring the long-term efficiency and reliability of its FPSO.' Gary Kennedy, President, Modec Management Services, said: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice. The vessel's deepwater operations demand precise refurbishment and life-extension measures to overcome complex engineering and operational challenges, while ensuring efficiency and long-term safety. 'We look forward to working closely with Drydocks World to deliver a revitalised vessel that will continue to play a key role in Côte d'Ivoire's offshore production."
Hi Dubai
24-03-2025
- Business
- Hi Dubai
Drydocks World Secures FPSO Baobab Ivoirien Refurbishment Contract from MODEC
Drydocks World has been awarded a major contract by MODEC Management Services Pte. Ltd. for the refurbishment and life extension of the FPSO Baobab Ivoirien, further solidifying its position as a global leader in offshore asset upgrades. The extensive eight-month project, commencing in May 2025, will involve significant structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square metres of tank coating, and 11,500 metres of new piping. Additionally, upgrades will be made to the crew living quarters, and advanced technologies will be integrated to enhance efficiency and reliability. Upon completion, the vessel's operational lifespan will be extended by 15 years, ensuring continued energy production for West Africa. The FPSO Baobab Ivoirien, currently operating at the Baobab oil field 25 km off Côte d'Ivoire's coast, has a processing capacity of 70,000 barrels of oil per day and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel will relocate to Drydocks World's Dubai facility for refurbishment. Drydocks World, a DP World company, has a strong track record in vessel upgrades, having completed over 50 similar projects, including more than 30 FPSO refurbishments. The contract signing ceremony was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd. Antolovic emphasized, 'This agreement underscores our expertise in complex FPSO refurbishment and life extension projects.' Kennedy added, 'Drydocks World's commitment to quality and safety made them the ideal choice for this critical project.' News Source: Emirates News Agency
Al Bawaba
24-03-2025
- Business
- Al Bawaba
Drydocks World Secures FPSO Baobab Ivoirien Refurbishment And Life Extension Project
Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by MODEC Management Services Pte. Ltd., further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square meters of tank coating, and 11,500 meters of new piping. The scope also covers enhancements to crew living quarters and integration of advanced technologies to boost its efficiency and reliability. Upon completion, the vessel's lifespan will be extended by 15 years, ensuring sustained energy production for West Africa. Drydocks World, a DP World company, has a proven track record in vessel refurbishments, life extensions and conversions, having successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This latest contract underscores its unmatched expertise in offshore engineering and life extension solutions while reaffirming its commitment to delivering tailored solutions that meet the unique operational needs of its clients. The FPSO BAOBAB IVOIRIEN plays a crucial role in West Africa's offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the Baobab oil field, 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World's Dubai facility for its eight-month refurbishment. The contract signing ceremony, held at Drydocks World, was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd. Capt. Rado Antolovic PhD, CEO of Drydocks World, said: 'Signing this agreement with MODEC highlights our expertise in complex FPSO refurbishment and life extension projects. Our proven track record in executing large-scale offshore engineering works positions us as the ideal partner to enhance the vessel's longevity, efficiency, and operational safety. We are proud to support MODEC in ensuring the long-term efficiency and reliability of its FPSO.' Gary Kennedy, President, MODEC Management Services Pte. Ltd., said: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice. The vessel's deepwater operations demand precise refurbishment and life-extension measures to overcome complex engineering and operational challenges, while ensuring efficiency and long-term safety. 'We look forward to working closely with Drydocks World to deliver a revitalised vessel that will continue to play a key role in Côte d'Ivoire's offshore production."Originally converted in 2003 from an Ultra Large Crude Carrier (ULCC), FPSO BAOBAB IVOIRIEN was designed with expandable topsides to maximize offshore production capacity. FPSOs like this are essential in deepwater operations, enabling crude oil and gas processing at sea before transferring resources to tankers or World remains at the forefront of offshore innovation, delivering world-class engineering solutions that enhance asset performance, longevity, and sustainability in the global energy sector.
Zawya
24-03-2025
- Business
- Zawya
Drydocks World secures FPSO Baobab Ivoirien refurbishment and life extension project
Dubai, UAE: Drydocks World has been awarded the contract for the refurbishment and life extension of the FPSO BAOBAB IVOIRIEN, by MODEC Management Services Pte. Ltd., further strengthening its position as a global leader in complex offshore asset upgrades. Set to commence in May 2025, the eight-month expedited project on the Floating Production Storage and Offloading (FPSO) vessel will involve extensive structural enhancements, including 1,000 tonnes of steel renewal, 250,000 square meters of tank coating, and 11,500 meters of new piping. The scope also covers enhancements to crew living quarters and integration of advanced technologies to boost its efficiency and reliability. Upon completion, the vessel's lifespan will be extended by 15 years, ensuring sustained energy production for West Africa. Drydocks World, a DP World company, has a proven track record in vessel refurbishments, life extensions and conversions, having successfully completed over 50 similar projects, including more than 30 FPSO upgrades. This latest contract underscores its unmatched expertise in offshore engineering and life extension solutions while reaffirming its commitment to delivering tailored solutions that meet the unique operational needs of its clients. The FPSO BAOBAB IVOIRIEN plays a crucial role in West Africa's offshore production, with a processing capacity of 70,000 barrels of oil per day (bpd) and 75 million cubic feet of natural gas. It can also inject 100,000 bpd of water and store up to two million barrels of crude oil. The vessel, currently operating at the Baobab oil field, 25 km off the coast of Côte d'Ivoire, will relocate to Drydocks World's Dubai facility for its eight-month refurbishment. The contract signing ceremony, held at Drydocks World, was attended by Rado Antolovic, CEO of Drydocks World, and Gary Kennedy, President of MODEC Management Services Pte. Ltd. Capt. Rado Antolovic PhD, CEO of Drydocks World, said: 'Signing this agreement with MODEC highlights our expertise in complex FPSO refurbishment and life extension projects. Our proven track record in executing large-scale offshore engineering works positions us as the ideal partner to enhance the vessel's longevity, efficiency, and operational safety. We are proud to support MODEC in ensuring the long-term efficiency and reliability of its FPSO.' Gary Kennedy, President, MODEC Management Services Pte. Ltd., said: "This contract award is the result of a rigorous selection process to find the best partner for this critical project. Drydocks World's extensive experience in FPSO upgrades and their commitment to quality and safety made them the ideal choice. The vessel's deepwater operations demand precise refurbishment and life-extension measures to overcome complex engineering and operational challenges, while ensuring efficiency and long-term safety. 'We look forward to working closely with Drydocks World to deliver a revitalised vessel that will continue to play a key role in Côte d'Ivoire's offshore production." Originally converted in 2003 from an Ultra Large Crude Carrier (ULCC), FPSO BAOBAB IVOIRIEN was designed with expandable topsides to maximize offshore production capacity. FPSOs like this are essential in deepwater operations, enabling crude oil and gas processing at sea before transferring resources to tankers or pipelines. Drydocks World remains at the forefront of offshore innovation, delivering world-class engineering solutions that enhance asset performance, longevity, and sustainability in the global energy sector. For more information, please contact: Drydocks World Marija Boskovic / Shamsa AlMehairi / About Drydocks World Over the past 40 years, Drydocks World, a DP World Company, has become a leading provider of marine and offshore services to the shipping, oil, gas, and renewable energy sectors. Conceived as an ambitious project under the guidance of H.H. Sheikh Rashid Bin Saeed Al Maktoum the late Ruler of Dubai, the yard is strategically located in a rapidly developing region of the world. Drydocks World completes over 300 projects a year on average, with a record of handling 42 refurbishment projects simultaneously. Located next to Dubai's Port Rashed, the yard is spread over 200 hectares and includes three graving docks and a floating dock, as well as more than 3,700m of berth space. It also boasts an in-house-built floating crane, which can lift 2,000 metric tonnes, including the weight of lifting gear for all types of heavy lift operations. The facilities have allowed Drydocks World to break records in constructing some of the largest new build offshore fabrications in the world. Drydocks World aims to consistently deliver excellence and achieve further success for the UAE's maritime industry, positioning Drydocks World as an international yard of choice. About DP World DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 100,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimising disruptions from the factory floor to the customer's door. WE MAKE TRADE FLOW
