Archives :: Business & Economics

Displaying 221 - 240 of 2947 stories.
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
January 7, 2014
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced today that it has acquired the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Jacobs-acquires-FMHC-Corporation_11374.html
January 6, 2014
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed a long-term agreement for the production of liquid CO2 with Big River Resources Boyceville, LLC (Boyceville, Wisc.). Air Products will operate a facility to produce 250 ton/d of liquid CO2 at Big River Resources’ established ethanol plant in Boyceville, Wisconsin. Air Products will market...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-increases-U-S-Midwest-liquid-CO2-supply_11371.html
January 3, 2014
The JP Morgan Global Manufacturing purchasing manager’s index (PMI) rose 0.2 points in December 2013, to a level of 53.3. The gain is 12 consecutive monthly rise, and the highest level for the index in 32 months, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   “Output growth was...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Global-manufacturing-PMI-rises-ACC-report-says_11369.html
January 1, 2014
Have you ever heard someone say, “The job is a lot easier if you have the right tools?” Having the right tools is critical to the success of craftsmen, such as carpenters, electricians, plumbers and the like. The same holds true for managing projects. Initiating a project raises many questions (such as: What will we do? How will we do it? Who will do it? How much will it cost? When will we do...
http://www.chemengonline.com/business_and_economics/project_mgmt/Seven-Tools-for-Project-Success_11345.html
January 1, 2014
Plant Watch Praxair starts up carbon-dioxide purification plant at Honeywell site December 10, 2013 — Praxair, Inc. (Danbury, Conn.; www.praxair.com) has started up its new carbon-dioxide (CO2) purification facility at the Honeywell Resins & Chemicals site in Hopewell, Va. Under a longterm agreement, Praxair will purchase CO2 from Honeywell (Morristown, N.J.; www.honeywell.com). Praxair’s...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-produces-first-commercial-volumes-of-bio-based-butanediol-and-more-business-news_11366.html
January 1, 2014
Preliminary data for the October 2013 CE Plant Cost Index (CEPCI; the most recent available) show a slight (less than 0.1%) increase in the overall index, as well as small increases in most of...
http://www.chemengonline.com/business_and_economics/plant_cost_index/Current-Economic-Trends_11322.html
December 28, 2013
Outotec (Espoo, Finland; www.outotec.com) will deliver technology and services worth over €100 million to Cengiz Group for their Mazidagi and Samsun operations in Turkey. The orders include a roasting plant for pyrite concentrates, calcine leaching and solvent extraction plants, copper smelter modernization, as well as gas cleaning and sulfuric acid plants. The orders will be booked in Outotec's 2013...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-wins-orders-in-Turkey_11367.html
December 20, 2013
The Chemical Activity Barometer (CAB) reading (on a three-month moving average basis) in December strengthened from November, rising 0.1 points from 93.8 to 93.9, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   The December increase occurred at a pace that has moderated since the 0.4% gain in...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/December-CAB-and-November-CPRIs-are-up-ACC-says_11347.html
December 19, 2013
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for two Terrace Wall hydrogen reformers by GS Engineering & Construction Corp., which is acting on behalf of the engineering, procurement...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-contract-for-hydrogen-reformers-in-Vietnam_11325.html
December 19, 2013
KBR (Houston; www.kbr.com) announced today that its leading ammonia process technology has been selected by Midwest Fertilizer Corp. for its new fertilizer manufacturing plant in Mt. Vernon, Indiana...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-ammonia-technology-selected-for-new-fertilizer-facility-in-Indiana_11329.html
December 19, 2013
Technip (Paris, France; www.technip.com) was awarded by CNOOC Oil & Petrochemicals Company Ltd. a contract to supply its proprietary ethylene technology and process design package for a grassroots 1-million ton/yr ethylene plant in Huizhou, Guangdong Province, People’s Republic of China. This contract also...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Technip-wins-new-ethylene-contract-in-China_11330.html
December 18, 2013
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed a long-term agreement for the production of liquid CO2 with Southwest Iowa Renewable Energy, LLC (SIRE). Air Products will build a facility to produce 400 ton/d of liquid CO2 at SIRE’s established ethanol production facility in Council...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-and-SIRE-sign-liquid-CO2-agreement-for-Iowa-facility_11323.html
December 18, 2013
BASF SE (Ludwigshafen, Germany; www.basf.com) and Renmatix Inc. (Philadelphia, Pa.; www.renmatix.com) will jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass. The two companies signed a non-exclusive joint development agreement. The parties have agreed to key financial terms for future commercial licenses, which BASF can exercise at its...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-and-Renmatix-agree-on-a-joint-development-for-the-production-of-industrial-sugars-from-biomass_11324.html
December 13, 2013
Haldor Topsøe A/S’ (Lyngby, Denmark; www.topsoe.com) board of directors today approved the capital investment needed to carry out the construction that in two primary phases will establish a new automotive catalyst plant in Tianjin Economic Technological Development Area (TEDA) located roughly 100 km east of Beijing. The construction of the plant has already begun and will run over...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Topsøe-builds-catalyst-plant-in-China_11314.html
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