Archives :: Business & Economics

Displaying 61 - 80 of 2962 stories.
September 2, 2014
In collaboration with Mitsubishi Heavy Industries Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) has been selected for the design of a new ammonia plant for a major fertilizer project in Turkmenistan. The project has been awarded by State Concern Turkmenhimiya, a state-owned chemical company in Turkmenistan and also includes project partners...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Topsøe-to-design-large-scale-fertilizer-plant-with-project-partners-in-Turkmenistan_12157.html
September 2, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in its German operations with new large- scale industrial plants, capacity expansions, and new research centers. The company plans to invest some €2 billion of the extensive investment program it has developed as part of its growth strategy from 2012 to 2016 in Germany. "Germany has a strong and healthy industrial base. Our...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-German-operations_12158.html
September 2, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a reimbursable contract by Koch Nitrogen Company, LLC to provide engineering, procurement, and construction (EPC) services for a new grassroots urea plant, part of a $1.3-billion expansion project by Koch...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-EPC-contract-for-Koch-Nitrogen-urea-expansion_12161.html
September 1, 2014
Plant Watch Jacobs awarded contract for ExxonMobil projects in Baytown and Mont Belvieu August 12, 2014 — Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract from ExxonMobil Chemical Co. to provide engineering, procurement and construction services as part of an ethane-cracker project in ExxonMobil’s Baytown, Tex. complex, and associated premium product...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-to-build-new-masterbatches-plant-in-Australia-and-more-business-news_12128.html
September 1, 2014
The preliminary value for the June CE Plant Cost Index (CEPCI; the most recent available) rose 0.3% from the final May value, after gains the previous two months. Subcategories of the equipment...
http://www.chemengonline.com/business_and_economics/plant_cost_index/Current-Trends_12084.html
August 29, 2014
Specialty chemical market volumes rose 1.0% in July, following a 0.8% rise in June, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   Of the 28 specialty chemical markets monitored by ACC, 23 expanded in July, up from 22 segments...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-specialty-chemical-market-values-rose-in-July-ACC-says_12155.html
August 26, 2014
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), continued to see moderated upward growth in August, with a 0.2% gain over July, as measured on a three-month moving average (3MMA). This represented a deceleration from the 0.4% gain in July and an average gain of 0.5% for the first six months of...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Leading-economic-indicator-shows-growth-deceleration-for-U-S-economy_12143.html
August 25, 2014
Kemira Oyj (Helsinki; www.kemira.com) has awarded Pöyry Oyj (Vantaa, both Finland; www.poyry.fi) with assignments for EPCM (engineering, procurement and construction management) services for a sodium chlorate...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Poyry-awarded-EPCM-services-assignments-for-sodium-chlorate-plant-in-Brazil_12137.html
August 25, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a contract from Gemini HDPE LLC, a manufacturing joint venture between INEOS Olefins & Polymers USA (Ineos) and Sasol, to provide engineering, procurement, and construction (EPC) services for a new high-density polyethylene (HDPE) facility to be located at...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-EPC-contract-for-new-HDPE-facility-in-Texas_12141.html
August 25, 2014
A groundbreaking ceremony was held in Ovadan-Depe near the capital of Ashgabad in Turkmenistan to launch the construction of a major plant focused on the conversion of natural gas into synthetic gasoline. The plant will be based on Haldor Topsøe A/S’s (Lyngby, Denmark; www.topsoe.com) TIGAS (Topsøe Improved Gasoline Synthesis) technology and will become the first full scale large...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Gas-to-gasoline-process-makes-commercial-debut-in-Turkmenistan_12142.html
August 22, 2014
The Global Chemical Production Regional Index (Global CPRI) from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) rose 0.1% in July on a three-month-moving-average (3MMA) basis.   The small gain indicates that “growth remained tepid at the...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Tepid-growth-for-global-chemical-production-ACC-report-says_12136.html
August 19, 2014
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), working jointly with GAP Insaat Yatirim ve Dis Tiscaret A.S., a Turkish construction company and Mitsubishi Corp., will build large-scale ammonia and urea fertilizer production plants for Turkmenhimiya (TH), a state-owned chemical company in Turkmenistan. The EPCC (engineering, procurement, construction and commissioning) contract...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/MHI-Mitsubishi-and-GAP-Insaat-to-build-large-scale-fertilizer-plant-in-Turkmenistan_12088.html
August 15, 2014
Citing data from the U.S. Federal Reserve (Washington, D.C.; www.federalreserve.gov), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said production by the chemical industry in the U.S. increased by 0.6% in July. Excluding pharmaceuticals, chemical production rose 0.7%. The information was included in ACC’s latest Weekly Chemistry and...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-chemical-production-increased-in-July-ACC-report-says_12083.html
August 12, 2014
Clariant AG (Muttenz, Switzerland; www.clariant.com) plans to build its newest masterbatches plant in greater Sydney Area, Australia. The new plant will mainly serve the Australian market with a full range of color and additive masterbatches, technically innovative solutions and services to meet the growing local needs...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-plans-to-build-new-masterbatches-plant-in-Australia_12074.html
August 8, 2014
Exports of chemicals from the U.S. rose 3.2% in June to $16.7 billion, while imports were down 2.4% to $16.4 billion, according to data from the latest Weekly Chemistry and Economic Report from the American...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-chemical-exports-grew-in-June-imports-down-ACC-report-says_12070.html
August 1, 2014
Plant Watch ExxonMobil invests in new delayed coker unit at Belgium refinery July 7, 2014 — An affiliate of ExxonMobil (Irving, Tex., www.exxonmobil.com), Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., plans to install a new delayed coker unit at its Antwerp, Belgium petroleum refinery. The investment for this refinery upgrade totals more than $2 billion.   Five-member...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ExxonMobil-invests-in-new-delayed-coker-unit-at-Belgium-refinery-and-more-business-news_12032.html
August 1, 2014
Hangzhou Hangding Nylon Tech. Co. and Uhde Inventa-Fischer GmbH (Berlin, Germany; www.uhde-inventa-fischer.com) have successfully commissioned a plant for the production of high-performance polyamide 6 for textile grade applications. The plant is located in the Economic Technical Development Area of Hangzhou City in Zhejiang Province, P.R. China and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Polyamide-6-plant-commissioned-for-Hangzhou-Hangding-Nylon-Tech-_12058.html
August 1, 2014
Borealis AG (Vienna, Aurstia: www.borealisgroup.com) announces the divestment of its Biosuper business in France. The Biosuper brand, a phosphate-based dryer used in animal stables, and the related production equipment will be transferred to the new owner, Eliard SPCP, during the third quarter of 2014. This transaction will free up storage space for Borealis’ fertilizer products at its warehouse in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Borealis-to-divest-its-Biosuper-business-in-France_12059.html
August 1, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com), a global minerals and metals processing service and technology provider, has openedf its Western U.S. office in Denver, Colorado. Outotec's Canada based North America Market Area president, Marcus Horn, oversees the facilities now located in the heart of the Rocky Mountains. "Denver was a sensible choice for us and for our customers," says Marcus...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-opens-office-in-Denver_12060.html
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