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Baker Hughes and Kodiak announced a multi-year strategic agreement for the deployment of up to 1.8 GW of power generation capacity, with an initial equipment award for roughly 1 GW. Baker Hughes will provide power generation solutions to support Kodiak's energy infrastructure initiatives.
Kodiak, a supplier of chemicals for steel, automotive, energy, and aerospace industries, acquired Aztech Lubricants (Oklahoma) and Coolant Control Inc. (Cincinnati). The acquisitions expand Kodiak's product portfolio to include lubricants, metalworking fluids, and powder-based chemicals.