A consortium led by Mason Capital Management, in partnership with IES Holdings, Nut Tree Capital Management, 683 Capital Management, First Pacific Advisors, and other investors, has announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business, the world’s foremost designer and builder of storage facilities, tanks and terminals for energy and industrial markets, from McDermott International. CB&I is the world’s most technically advanced builder of storage facilities serving customers across the water and wastewater, upstream, downstream, petrochemical and industrial sectors. The Company delivers products and solutions for critical energy infrastructure projects, including complex low temperature […]
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Tank Storage Association Publishes Annual Review 2025
The Tank Storage Association (TSA) has published its Annual Review of the bulk storage and energy infrastructure sector. Now in its 10th edition, the publication continues to provide a broad range of statistics and valuable insights on terminals, process safety, occupational health and safety, and the industry’s contribution to the UK economy. It also highlights the changes that are currently taking place in the sector in response to longer-term shifts as a result of the energy transition, marked by increasing inventories of low emissions fuels. In partnership with Insights Global, the Annual Review has also evolved to include data on […]
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June 24, 2025
