Archives :: Business & Economics :: Plant Watch, Mergers and Business News

Displaying 1 - 20 of 2251 stories.
November 26, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) today announced plans for a major investment in a pioneering superabsorbent technology platform of its hygiene business. BASF will invest up to €500 million ($625 million) over the next two to three years to establish droplet polymerization capacities worldwide by revamping existing plants. The rollout of the new technology underlines BASF’s...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-plans-major-investment-in-pioneering-superabsorbent-technology_12482.html
November 25, 2014
Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and SunPine (www.sunpine.se) have signed an agreement for Neste Jacobs to perform engineering, procurement and construction management (EPCM) services to construct a tall-oil-rosin...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Neste-Jacobs-to-implement-tall-oil-rosin-production-facility-in-Sweden_12476.html
November 24, 2014
ICL Industrial Products (ICL IP; Tel Aviv, Israel), a segment of ICL (www.icl-group.com) says that it has successfully completed the chemical process start-up of a new manufacturing facility in Israel for the production of FR-122P, ICL IP’s new polymeric flame retardant. Samples from the full-scale production process have been dried at ICL IP’s pilot plant, found to meet required specifications...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ICL-Industrial-Products-completes-startup-of-polymeric-flame-retardant-plant_12474.html
November 19, 2014
Technology, engineering and project management company Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) will perform Project Management, Engineering, Procurement and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Neste-Jacobs-to-implement-Norilsk-Nickel-LNG-station-in-Finland_12427.html
November 17, 2014
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) today announced that Huineng, a large-scale substitute natural gas (SNG) plant, went successfully on-stream near the city of Ordos, located in Inner Mongolia in the northern part of China. Topsøe has designed the methanation section of this plant, which is the company’s second large-scale coal-based industrial SNG reference to begin...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Huineng-SNG-plant-goes-on-stream_12418.html
November 14, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded a contract by BCL Ltd. for modernizing the nickel flash smelting furnace in Selebi Phikwe, Botswana. In addition, the parties have made a service level agreement for the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-to-modernize-BCL-nickel-smelter-in-Botswana_12414.html
November 13, 2014
Total Energy Ventures, the venture capital arm of Total S.A. (Paris, France; www.total.com), is investing in Aquion Energy (Pittsburgh, Pa.; www.aquionenergy.com), a start-up specialized in energy storage technology. Aquion Energy develops and manufactures energy storage systems, especially for renewable energies such as solar and wind. Aquion’s patented Aqueous Hybrid Ion (AHITM) battery technology...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Total-Energy-Ventures-acquires-an-interest-in-Aquion-Energy_12412.html
November 13, 2014
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a long-term contract to provide hydrogen to Repsol, one of the world’s largest producers of petrochemicals. The new steam methane reformer (SMR) will be...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Praxair-signs-long-term-contract-for-H2-supply-in-Peru_12413.html
November 9, 2014
Mitsubishi Hitachi Power Systems (MHPS; Yokohama Japan; www.mpshq.com),  received an order from Hidroelectrica del Cantabrico, S.A., the Spanish power producer of EDP (Energia de Portugal) group, for two sets of selective catalytic reduction (SCR) type DeNOx systems for installation at the company's Power Station Abono Unit 2 and Soto de Ribera Unit 3. These high-performance systems reduce emissions...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/MHPS-receives-order-for-DeNOx-system-for-power-plant-in-Spain_12402.html
November 6, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a front-end engineering design (FEED) contract by Saudi Basic Industries Corporation (SABIC) for the debottlenecking and expansion of its Petrokemya Butadiene Extraction Plant in Al Jubail, Saudi Arabia. Arabian Petrochemical Co. (Petrokemya), a...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-FEED-services-contract-butadiene-expansion-project-in-Saudi-Arabia_12401.html
November 4, 2014
Praxair, Inc. (Danbury, Conn.; www.praxair.com) says it will further expand liquid and gaseous nitrogen supply and storage at the company’s Kirtland, New Mexico, industrial gases...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Praxair-to-further-expand-New-Mexico-nitrogen-facilities_12392.html
November 4, 2014
Vertellus (Indianapolis, Ind.; www.vertellus.com), a leading producer of pyridine and pyridine derivative chemicals, today announced that it has purchased Pentagon Chemicals (Holdings) UK Ltd., a leading manufacturer of fine and specialty chemicals used in the life sciences industry. The acquisition significantly expands Vertellus’ manufacturing presence in the agrochemical and pharmaceutical sectors...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Vertellus-acquires-Pentagon-Chemicals_12393.html
November 4, 2014
KBR Inc. (Houston; www.kbr.com) has signed an agreement with Chiyoda Corp. (Yokohama, Japan; www.chiyoda-corp.com/en), a leading engineering and construction firm in Japan, to license its CT-Acetica technology. Chiyoda developed the CT-Acetica process...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-signs-acetic-acid-technology-alliance-with-Chiyoda_12398.html
November 1, 2014
PLANT WATCH Kemira inaugurates its largest water-treatment chemicals plant October 9, 2014 — Kemira Oyj (Helsinki; www.kemira.com) has inaugurated its biggest manufacturing plant for water-treatment chemicals. Located in Dormagen, Germany, the facility will produce 14 different specifications of acidic and alkaline aluminum salts, says the company.   CB&I announces technology award in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Kemira-inaugurates-its-largest-water-treatment-chemicals-plant-and-more-business-news_12383.html
October 31, 2014
Corbion Purac (Amsterdam, the Netherlands www.corbion.com) will accelerate its thrust into the biotechnology arena, making the next step in the bioplastics value chain by becoming a PLA producer. With entry into PLA, Corbion Purac intends to bring new biodegradable solutions to the plastics industry, and increase global PLA production capacity by a further 75,000 ton/yr. This announcement forms a part of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Corbion-Purac-plans-to-construct-a-large-PLA-production-plant-in-Thailand_12384.html
October 30, 2014
Messer Group (Bad Soden/Frankfurt, Germany; www.messergroup.com) is building its third gasses production plant in Vietnam. The new contract for oxygen and nitrogen that Hoa Phat Steel, the largest steel producer in Vietnam, signed in October with Messer, will run for a period of 25 years. With a third air separation unit (ASU) for the production of oxygen, nitrogen and argon, Messer...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Messer-to-build-third-ASU-in-Vietnam_12377.html
October 30, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) and Toda Kogyo Corp. (Tokyo, Japan; www.todakogyo.co.jp), an industry leader in the development and manufacture of cathode materials for lithium-ion batteries, have agreed to form a joint venture (JV) for cathode active materials (CAM) in Japan. Under terms of the agreement, BASF will acquire a 66% ownership stake in the new venture, with...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-and-Toda-Kogyo-form-JV-for-cathode-active-materials_12379.html
October 29, 2014
Clariant (Muttenz, Switzerland; www.clariant.com) has agreed to divest its Business Line Energy Storage to Johnson Matthey Plc. (London; www.matthey.com). The total consideration of the sale amounts to $75 million at closing which is expected early 2015. The Energy Storage business of Clariant is the largest hydrothermal lithium iron...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-divests-its-Energy-Storage-Business-to-Johnson-Matthey_12375.html
October 28, 2014
The National Titanium Dioxide Co. (Cristal; Jeddah, Saudi Arabia; www.cristal.com) has entered into an agreement to acquire the titanium dioxide assets of Jiangxi Tikon Titanium Co. The Jiangxi Tikon manufacturing facility is located in the city of Fuzhou in Jiangxi Province, The People’s Republic of China. The transaction, which is expected to close no later than the end of Q1 2015, will consist of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Cristal-to-acquire-TiO2-assets-of-Jiangxi-Tikon_12372.html
October 28, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) will expand the production capacity of its existing world-scale production plant for t-butylamine (tBA) at the Nanjing Chemical Industry Park in China. The company plans to increase the existing production capacity by 60%, from 10,000 ton/yr to 16,000 ton/yr. The expansion is expected to...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-increase-production-capacity-for-t-butylamine-plant-in-Nanjing_12373.html
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