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Displaying 321 - 340 of 2899 stories.
August 2, 2013
Rive Technology (Princeton, N.J.; www.rivetechnology.com), a provider of innovative materials-based solutions for catalytic and separations processes in the petroleum refining, chemicals, water and biofuels industries, today announced the closing of a $20 million round of financing from leading energy investors. Saudi Aramco Energy Ventures (SAEV) led the financing with participation from Mitsui Global...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Rive-Technology-raises-$20-million-in-Series-D-Financing_10849.html
August 2, 2013
Messer (Bad Soden/Frankfurt, Germany; www.messergroup.com), the largest owner-managed industrial gas specialist worldwide, continues to drive its development in China. In the Paojiang industrial zone located in Shaoxing in Zhejiang province, the company is building a new air...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Messer-continues-to-grow-in-China_10852.html
August 1, 2013
Preliminary data for the May 2013 CE Plant Cost Index (CEPCI; the most recent information available) indicate that the composite index decreased by 0.5% from the the final April value...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Current-economic-trends_10757.html
August 1, 2013
Plant Watch Sasol awards integrated complex contract to WorleyParsons July 11, 2013 — WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded a contract by Sasol North America, Inc. (Sasol) for an integrated gas-to-liquids (GTL) and ethane-cracker complex, which includes an ethane cracker producing 1.5 million metric tons per year (m.t./yr) of ethylene with downstream...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/CNOOC-selects-Ineos-Technologies-process-and-more-business-news_10819.html
July 31, 2013
Nikkiso Co. (Tokyo, Japan) the manufacturer of fluid control technologies, has acquired Geveke B.V. (Amsterdam, the Netherlands), a sales company and system integrator of industrial pumps and compressors, as a strategic investment at this end of July 2013. Nikkiso is driving its presence in the global oil-and-gas market together with its German subsidiary Lewa GmbH (Leonberg, Germany; www.lewa.com), the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Lewa-Nikkiso-acquires-Geveke_10844.html
July 31, 2013
The U.S. Energy Department (DOE; Washington, D.C.; www.energy.gov) today recognized the nation’s first commercial-scale cellulosic ethanol production at Ineos Bio’s Indian River BioEnergy Center in Vero Beach, Florida. Developed through a joint venture between Ineos Bio and New Planet Energy, the project uses a unique hybrid of gasification and fermentation technology — originally...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Florida-project-produces-U-Ss-first-cellulosic-ethanol-at-commercial-scale_10847.html
July 30, 2013
Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that it was awarded a contract by Freeport-McMoRan Copper & Gold to provide construction management (CM) services for the expansion of the Cerro Verde mine in Peru. Fluor previously provided engineering and procurement services on the project beginning in early 2012. For the new...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-selected-for-Cerro-Verde-mine-expansion-project-in-Peru_10843.html
July 29, 2013
BASF SE (Ludwigshafen, Germany; www.basf.com) is building a new Ultramid polymerization plant with a capacity of 100,000 metric tons (m.t.) per year in Shanghai, China. The new plant is planned to start up in 2015. “As part of our long-term strategy, we aim to locate production close to our customers in the Asia Pacific region, so that we can better support their growth, operate more efficiently and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-build-a-new-plant-for-high-performance-Ultramid-in-China_10830.html
July 29, 2013
EuroChem (Moscow, Russia; www.eurochem.ru), Russia’s largest mineral fertilizer producer and a top ten agrochemical company globally, today announces plans to...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Eurochem-to-establish-JV-in-China_10831.html
July 29, 2013
Innovnano (Coimbra, Portugal; www.innovnano-materials.com), a manufacturer of high-performance ceramic powders, has invested in a high-tech, brand new facility for production of its nanostructured powders, including 3 and 4 mol % yttria stabilized zirconia (YSZ). The new site is based in a dedicated technology park in Coimbra, and has been designed to allow high-capacity expansion and industrial-scale...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Innovnano-scales-up-nanostructured-powders_10832.html
July 28, 2013
The specialty chemicals group Altana (Wesel, Germany; www.altana.com) has signed a definite agreement to acquire the global rheology business of Rockwood Holdings Inc. The unit, currently part of Rockwood’s Performance Additives segment, is one of the world’s leading manufacturers of rheology additives that optimize the flow characteristics of various materials. With about 340 employees at four...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Altana-to-acquire-rheology-modifier-business-from-Rockwood_10829.html
July 26, 2013
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) leading macroeconomic indicator Chemical Activity Barometer (CAB) reading for July showed a 0.2% gain, measured on a three-month-moving average basis, suggesting that “future U.S. business cycle conditions strengthened from June,” the ACC said in its latest Weekly Chemistry and Economic Report.   The...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/ACCs-CAB-signals-improving-U-S-business-conditions_10827.html
July 26, 2013
Air Liquide (Paris, France; www.airliquide.com) has signed a long-term contract with BASF SE (Ludwigshafen, Germany; www.basf.com) to supply carbon monoxide to its MDI (methylene diphenyl diisocyanate ) production unit located in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Liquide-invests-an-additional-&euro50-million-in-the-Antwerp-basin_10828.html
July 23, 2013
Evonik Industries AG (Essen, Germany; www.evonik.com) is now significantly expanding precipitated silica capacity at its Maptaphut site in Thailand. Funded by an investment in the lower double-digit million euro range, the expansion is to be completed in the first quarter of 2014. In addition to its application in the automotive industry for low rolling resistance tires, silica is also used in the food and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-to-expand-silica-capacity-in-Thailand_10768.html
July 23, 2013
Foster Wheeler AG (Zug, Switzerland, www.fwc.com) announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has signed an equity purchase agreement with CEFOC (The Fourth Construction Company Ltd. of China Electronics System Engineering) to purchase a 49% share in its Chinese Design Institute, PECHDI. The co-owned design institute is now a joint venture (JV) named Foster...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-establishes-new-JV-E-and-C-company-in-China_10769.html
July 22, 2013
Praxair, Inc. (Danbury, Conn.; www.praxair.com) today announced the startup of its state-of-the-art, 135 million standard cubic feet per day (scfd) hydrogen plant serving the Valero petroleum refinery in Port Arthur, Texas and other customers. The new plant houses the largest steam methane reformer (SMR) Praxair has built to date to supply hydrogen and up to 450,000 lb/h of steam to...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Praxair-expands-hydrogen-supply-with-Gulf-Coast-startup_10767.html
July 19, 2013
The U.S. Chemical Production Regional Index (U.S. CPRI) was flat in June, following a 0.1% gain the previous month, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). During June, chemical production rose in the Midwest, Mid-Atlantic and West Coast regions, and declined in the Gulf Coast and Ohio Valley regions, ACC pointed out, while activity in the Southeast...
http://www.chemengonline.com/business_and_economics/economic_indicators.html/Chemical-production-in-the-U-S-is-flat-for-June-but-forecasts-indicate-growth-ACC-says_10765.html
July 18, 2013
Siemens Industry Inc., USA (www.siemens.com/metals), and consortium partner Midrex Technologies, Inc. (Charlotte, N.C.; www.midrex.com) received an order from the Austrian voestalpine group (www.voestalpine.com) to build a direct reduction plant in the U.S. The Midrex plant will be constructed near the city of Corpus Christi, Texas. It is designed to produce 2 million metric tons of hot briquetted iron...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Siemens-and-Midrex-to-build-direct-reduction-plant-for-voestalpine-in-Texas_10760.html
July 15, 2013
DuPont (Wilmington, Del.; www.dupont.com) has launched production at its probiotic blending and packaging facility in China. The new site in Beijing represents DuPont Nutrition & Health’s first step in packaging probiotics into ready-to-market formats. Investment and capacity were not...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/DuPont-opens-probiotics-facility-in-China_10751.html
July 15, 2013
KBR (Houston; www.kbr.com) today announced that it has been selected by Total to utilize KBR’s ROSE solvent deasphalting technology for use at their Antwerp...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-to-supply-ROSE-Technology-for-Totals-Antwerp-refinery_10754.html
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