Archives :: Business & Economics

Displaying 181 - 200 of 2931 stories.
February 18, 2014
Technip (Paris, France; www.technip.com) was awarded, by Open Joint Stock Company (OJSC) Kazanorgsintez, a contract to provide technology and services for a grassroots furnace at Kazan, Republic of Tatarstan, Russia.The project consists of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Technip-to-supply-proprietary-furnace-technology-and-services-in-Russia_11489.html
February 18, 2014
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has recently signed contracts with more than 20 recycled-copper manufacturers in China to provide its oxy-fuel solution, and about half of them are already onstream and running. The solution helps to improve productivity and material qualities compared to conventional air-fuel technologies, as well as decrease harmful emissions and reduce energy...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-provides-oxy-fuel-solution-to-recycled-copper-manufacturers_11494.html
February 17, 2014
U.S. exports of chemicals grew 0.4% in 2013, while chemical imports declined by 1.0%, expanding the trade surplus in the U.S. chemical industry to $3.4 billion, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The value of the exports was $189.1 billion in 2013, while the value of the imports was $185.7 billion, the ACC said in its latest Weekly Chemistry and...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/U-S-trade-surplus-in-chemicals-expanded-in-2013-ACC-says_11488.html
February 11, 2014
Air Liquide (Paris, France; www.airliquide.com) is further strengthening its position in Germany by signing a major long-term supply contract with ThyssenKrupp Steel Europe AG in the Rhine-Ruhr area, one of the largest and leading industrial basins in Europe. Deliveries under the agreement include 4,600 metric tons (m.t.) per day of oxygen, plus nitrogen and argon, which will be supplied...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Liquide-signs-major-contract-with-ThyssenKrupp-Steel-Europe_11475.html
February 7, 2014
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com), in consortium with Sinopec Engineering Group (SEG), has signed a contract with Ma’aden (www.maaden.com.sa) in Saudi Arabia to provide engineering, procurement, construction, commissioning and start-up services for a three-line 15,150-metric-ton-per-day (m.t./d) sulphuric acid plant...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/SNC-Lavalin-wins-contract-for-sulfuric-acid-project-in-Saudi-Arabia_11473.html
February 4, 2014
Solvay S.A. (Brussels, Belgium; www.solvay.com) plans to increase its annual production capacity of natural soda ash at its Green River plant in Wyoming by 150,000 metric tons (m.t.) as of early next year, to meet growing demand of its U.S. export markets. "This capacity...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-to-increase-its-natural-soda-ash-production-capacity-in-the-U-S-_11467.html
February 4, 2014
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) has been awarded a contract by Singapore Refining Co. Ltd. (SRC) — jointly owned by Singapore Petroleum Co. and Chevron — to carry out the engineering, procurement and construction (EPC) work for the construction of a gasoline...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/JGC-awarded-EPC-contract-for-refinery-upgrade-in-Singapore_11470.html
February 1, 2014
Plant Watch Arkema to double production capacity for organic peroxides in China January 9, 2014 — Arkema (Colombes, France; www.arkema.com) has announced the construction of a new organic peroxide plant on its Changshu site in China. This investment will double the site’s production capacity. The new Changshu plant is due to start up in early 2016. Foster Wheeler awarded PMC contract for...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Honeywell-to-expand-refrigerant-production-in-Louisiana-and-more-business-news_11445.html
February 1, 2014
Preliminary data for the November 2013 CE Plant Cost Index (CEPCI; the most recent available) show a small decrease (0.12%) in the overall index compared to the October index value. The...
http://www.chemengonline.com/business_and_economics/plant_cost_index/Current-economic-trends_11387.html
January 31, 2014
Solazyme, Inc.(San Francisco, Calif.; www.solazyme.com) says that commercial operations have commenced at both Archer Daniels Midland Co.’s (ADM) Clinton, Iowa facility, and the downstream companion facility operated by American Natural Products in Galva, Iowa (ANP). Highlighting the flexibility of Solazyme’s technology platform, Solazyme, ADM and ANP have successfully manufactured three...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Solazyme-Commercial-production-of-Renewable-Algal-Oils-at-Iowa-facilities_11465.html
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
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