Archives :: Business & Economics

Displaying 221 - 240 of 2952 stories.
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
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
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