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January 30, 2014
To address the market demand of increased capacity and volume Outotec Oyj (Espoo, Finland; www.outotec.com) has developed the mega-size flotation cell based on its well-established technologies. The first TankCell e500 flotation cell will be installed to First Quantum Minerals' Kevitsa operation in Finland. It is one of the world's largest flotation cells with an effective volume of over 500 m3. First...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/The-first-Outotec-TankCell-e500-to-be-delivered-to-First-Quantum-Minerals_11463.html
January 29, 2014
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a long-term contract to supply industrial gases to a new steel mill being built near the Port of Pecém in an international free trade zone in the state of Ceara, located in the northeast region of Brazil...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Praxair-signs-long-term-supply-agreement-in-Brazil_11461.html
January 28, 2014
The first Chemical Activity Barometer (CAB) reading of 2014 strengthened slightly, pointing to continued growth and an improving U.S. economy throughout 2014, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The barometer in January ticked up to 94.0, increasing 0.2 points over December on a three-month moving average (3MMA) basis. This marks the ninth...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-economy-recovery-likely-to-continue-restrained-pace-through-2014-CAB-indicates_11457.html
January 24, 2014
The U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.8% in December, following a 0.3% gain in November, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   “For the second consecutive month, production increased in all seven regions of the...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-chemical-production-up-for-December-ACC-says_11455.html
January 24, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) and China Petroleum & Chemical Corp. (Sinopec; Shanghai, China; www.sinopec.com) broke ground today on the construction of its world-scale isononanol (INA) plant in Maoming Hi-tech Industrial Development Zone, Maoming, China. At start-up in 2015, the plant, which is the first of its kind in China, will serve the increasing market demand for next-generation...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-and-Sinopec-break-ground-on-world-scale-INA-plant-in-Maoming_11454.html
January 23, 2014
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a long-term contract with Taewoong Steel Co. Ltd. to supply high-purity oxygen to the company’s steel mill facility in Busan, Korea. Praxair will construct a new 180-ton/d air separation plant...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Praxair-signs-long-term-contract-and-expands-enclave-supply-in-South-Korea_11453.html
January 22, 2014
The National Industrialization Co. (Tasnee; Riyadh, Saudi Arabia; www.tansee.com) and The National Titanium Dioxide Company Ltd. (Cristal; Kuwait; www.cristal.com) have signed an agreement to establish a joint venture (JV) company with Toho Titanium Company Ltd. (Toho). Through SIDF/local funding the new company will invest a total of $420 million, including startup expenses, to construct a 15,600 metric...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Cristal-and-Tasnee-announce-JV-with-Toho_11440.html
January 22, 2014
To respond to the growing global demand for reliable valve technology, Metso Corp. (Helsinki, Finland; www.metso.com) has decided to build a new green-field global valve technology center in Chungju, South Korea. The...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Metso-invests-in-a-new-globe-valve-technology-center-in-South-Korea_11441.html
January 22, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Tata Steel, a major global steel company, on the delivery of technology for beneficiation of chromite tailings in Sukinda, Orissa, India. The order will be booked in Outotec's 2014 first quarter order intake, but the parties have agreed not to disclose the contract value. Tata Steel is committed to...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-provides-technology-for-Tata-Steel-for-beneficiation-of-chromite-tailings_11442.html
January 21, 2014
Global Bioenergies (Evry, France; www.global-bioenergies.com) announces the signature of a collaboration with Audi (Ingolstadt, Germany) on the development of isobutene-derived isooctane, a high performance biofuel for gasoline engines. Global Bioenergies is a pioneer in the development of processes for the direct and cost-efficient transformation of renewable resources into light olefins, the key...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Global-Bioenergies-partners-with-Audi-on-drop-in-biofuel_11392.html
January 21, 2014
Recognizing Asia as a major growth market, Bronkhorst High-Tech BV (Ruurlo, the Netherlands; www.bronkhorst.com) has already opened several branch offices for sales and service in Japan, Taiwan and China in recent years. In late 2013, Bronkhorst acquired its...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Bronkhorst-strengthens-its-position-in-Asia_11393.html
January 21, 2014
Plant engineering and construction specialist ThyssenKrupp Industrial Solutions (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has been awarded a contract for the extended basic engineering package and license for a dimethyl ether (DME) production facility in Shchekino, Tula region, located about 200 km south of Moscow. The contractor is DME Aerosol LLC, a joint venture of JSC Shchekinoazot...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-Industrial-Solutions-receives-contract-for-DME-plant-in-Russia_11394.html
January 20, 2014
The Graphene Research Center (GRC) at the National University of Singapore (NUS; http://graphene.nus.edu.sg) Faculty of Science and BASF SE (Ludwigshafen, Germany; www.basf.com) have partnered to develop the use of graphene in organic electronic devices, such as organic light emitting diodes (OLED). The goal of this collaboration is to interface graphene films with organic electronic materials for the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/NUS-and-BASF-embark-on-joint-graphene-research_11391.html
January 17, 2014
Overall production for the U.S. chemical industry rose 0.9% in December, reaching 89.0% of its average level for 2007, according to an analysis of data from the U.S. Federal Reserve Board (Washington, D.C.; www.federalreserve.gov) that was included in the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   If...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-chemical-production-rose-during-December-ACC-report-says_11390.html
January 16, 2014
AEA Investors LP has secured regulatory approvals and closed on an agreement to acquire the municipal, industrial and services water and wastewater treatment operations and assets of Siemens Water Technologies LLC. The new company now will be Evoqua Water Technologies LLC (www.evoqua.com). AEA announced its purchase of Siemens Water Technologies from Siemens AG (Munich, Germany; www.siemens.com) for...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/AEA-Investors-completes-acquisition-of-Siemens-Water-Technologies_11386.html
January 14, 2014
Today, Sasol Ltd.’s (Sasolburg, South Africa) CEO, David Constable, and the South African Minister of Trade and Industry, Rob Davies, inaugurated Sasol’s new ethylene-purification unit, known as the Ethylene Purification Unit 5 (EPU5), in Sasolburg. Located at the Sasol Polymers Plant in Sasolburg, the R1.9-billion ($175-million) ethylene-purification unit aims to address the growing demand for...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Sasol-inaugurates-plant-to-boost-polyethylene-production_11384.html
January 13, 2014
As part of its strategic way forward, ThyssenKrupp AG (Essen, Germany; www.thyssenkrupp.com) is strengthening its plant technology business as a major growth area for the Group. To better exploit global market opportunities the previously separate plant technology companies of the Group are being combined under the roof of ThyssenKrupp Industrial Solutions GmbH (Essen...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-combines-capabilities-in-plant-technology_11383.html
January 10, 2014
The S&P index for chemical companies rose by 4.2% in December 2013, outpacing the overall S&P 500 index, which rose 2.4%. The numbers were included in the latest Weekly Chemistry and Economic Report...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Chemical-company-equities-index-outpaces-S-and-P-500-for-December-ACC-says_11382.html
January 8, 2014
Siemens Energy (Erlangen, Germany; www.siemens.com) has received an order from Sinopec Jiujiang Petrochemical Co. for the supply of a petroleum-refinery wastewater-treatment system that includes PACT biological treatment, Wet Air Regeneration (WAR) and a Hydro-Clear filter system, and a Zimpro wet air oxidation (WAO) system for spent caustic treatment. Both of these systems are key...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Siemens-to-supply-wastewater-treatment-systems-to-refinery-in-China_11375.html
January 8, 2014
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has been awarded a contract by STAR Rafineri A.Ş., a subsidiary of SOCAR Turkey, for project management consultancy (PMC) services for its grassroots...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-PMC-contract-for-grassroots-refinery-in-Turkey_11378.html
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