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

Displaying 1 - 20 of 2226 stories.
October 22, 2014
ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com), the ThyssenKrupp Group's plant engineering specialist, has received an order from Al Sawfa Cement Co. (Saudi Arabia) to build a complete cement production line. The order is worth around €100 million. The new 5,300 ton/d cement-clinker production plant will be constructed parallel to the existing line...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-wins-follow-up-order-for-cement-plant-in-Saudi-Arabia_12301.html
October 22, 2014
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, says that Cepsa Chemical (Shanghai) Co. will use UOP process technology to meet demand in China for key petrochemicals used to make plastics for the fast-growing domestic construction and automotive industries. Cepsa Chemical (Shanghai) will use UOP’s Phenol process to produce high quality phenol and by-product acetone, key building...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/UOP-phenol-technology-selected-by-Cepsa-Chemical-in-China_12308.html
October 16, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) and Archroma (Reinach, Switzerland www.archroma.com) have agreed on the sale of BASF’s global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries. Archroma is a portfolio company of SK Capital Partners, a private investment firm with focus on the specialty materials, chemicals and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-divest-global-textile-chemicals-business-to-Archroma_12288.html
October 16, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) will start operations in a new plant to produce ingredients for customers in the cosmetic and consumer goods industries in Americana (São Paulo state, Brazil). This is another step in the specialty chemicals company’s expansion of its market position in the dynamically growing Brazilian and South American markets. In the future, the plant will...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-opens-new-production-facility-in-Brazil_12289.html
October 14, 2014
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction (EPC) contract by Pemex Refinacion for an ultra-low sulfur diesel (ULSD) project at the Salina Cruz refinery, Oaxaca, Mexico. Foster Wheeler’s scope of work, which also includes start-up and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-EPC-contract-for-Clean-Fuels-Project-at-Salina-Cruz_12283.html
October 14, 2014
CB&I (The Woodlands, Rex.; www.cbi.com) has been awarded a contract by Shandong Sincier Petrochemical Co. for the license and engineering design of a gasification unit to be built near Dongying, Shandong...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-lands-gasification-technology-contract-in-China_12284.html
October 9, 2014
Clariant AG (Muttenz, Switzerland; www.clariant.com) will build a new production facility at its Tangerang site in Indonesia to support regional demands in the personal and home care industry. The overall investment of approx. CHF17 million in combined...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-invests-in-personal-and-home-care-segments-in-Asia_12281.html
October 9, 2014
CB&I (The Woodlands, Tex.; www.cbi.com) today announced Chevron Lummus Global, a joint venture between CB&I and Chevron, has been awarded a contract in excess of $100 million by Bahrain Petroleum Co. (Bapco). The scope of work includes the license of its LC-Fining and IsoCracking technologies and engineering...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-announces-technology-award-in-the-Kingdom-of-Bahrain_12282.html
October 8, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) has officially opened a new production line to manufacture surface-treated fumed silica under the Aerosil brand name. The new line will be located at Evonik’s Rheinfelden, Germany site, which will boost their global production capacity for these products by 25%. Aerosil specialty silica grades enhance the properties of high-performance adhesives...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-boosts-capacity-for-special-silicas-at-its-Rheinfelden-site_12277.html
October 7, 2014
M+W Group (Stuttgart, Germany; www.mwgroup.net), one of the world’s leading high-tech engineering and construction companies, has been awarded a major order from Merck KGaA (Darmstadt, Germany; www.merckgroup.com) for its new pharmaceutical facility in China. The site, with around 40,000 m2, is located in the Nantong Economical Technological...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/M+W-Group-receives-contract-for-Mercks-new-pharmaceutical-facility-in-China_12274.html
October 7, 2014
BASF India Ltd. today inaugurated its large-scale chemical production complex at Dahej in Gujarat, India. With a project cost of INR 1,000 crore (approximately €150 million), the site represents BASF’s single largest investment in India. The site was jointly inaugurated by Smt. Anandiben Patel, Hon’ble Chief Minister of Gujarat; Shri Saurabhbhai Patel, Hon’ble Minister for Finance...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-inaugurates-chemical-complex-in-India_12275.html
October 7, 2014
Borealis AG (Vienna, Austria; www.borealisgroup.com) plans to partner with Neste Oil and Veolia in a joint venture (JV) to modernize and operate the power plant in the Kilpilahti petrochemical cluster in Porvoo, Finland. Designed to meet demanding European emissions requirements, the power plant will supply Borealis’ integrated petrochemical complex in Porvoo with safe, reliable and sustainable...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/New-Borealis-JV-delivers-safe-and-reliable-energy-supplies-in-Porvoo_12276.html
October 2, 2014
Parker Hannifin Corp. (Cleveland, Ohio; www.parker.com), a global leader in motion and control technologies, today announced the formal opening of its world-class Polymer Innovation Center at the Parflex Division in Ravenna, Ohio. The Parflex Division designs and manufactures thermoplastic and fluoropolymer hose, tubing and accessories that provides unique solutions for application market segments such as...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Parker-opens-Parflex-Polymer-Innovation-Center_12269.html
October 1, 2014
Plant Watch Lanxess expands new plant for inorganic pigments in Ningbo September 11, 2014 — Lanxess AG (Cologne, Germany; www.lanxess.com) is adding a mixing and milling plant to the pigment plant already under construction in Ningbo, China. The new pigment plant will have an initial capacity of 25,000 metric tons per year (m.t./yr) of iron oxide red pigments. The mixing and milling plant will have a...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Eastman-to-acquire-specialty-chemicals-company-Taminco-for-$2-8-billion-and-more-business-news_12212.html
September 30, 2014
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) says that its joint venture (JV) with AMEC and Balfour Beatty has been selected by Sellafield Ltd. to deliver its Box Encapsulation Plant (BEP) project in West Cumbria, U.K. Sellafield officials noted that the potential value range of the framework agreement is between $380 million (£240 million) and $540 million (£336...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Jacobs-JV-selected-for-Sellafield-Framework_12261.html
September 29, 2014
After having worked together for years across the globe, GEA Process Engineering (Søborg, Denmark; www.gep.com) announces the acquisition of Scan-Vibro A/S from Svendborg in Denmark. The acquisition is a perfect match and the plan is to further grow and develop the company and its business using the synergies achievable through being a part of the GEA organization. Scan-Vibro has been a long-time...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/GEA-acquires-Scan-Vibro_12254.html
September 24, 2014
ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) is making its Steam Active Reforming (STAR) process available to Formosa Plastics Corp. (FPC) for a propane dehydrogenation (PDH) plant in Texas. The PDH plant is to be built at the petrochemical complex in Point Comfort. The contract awarded to ThyssenKrupp Industrial Solutions includes licensing, basic...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-Industrial-Solutions-awarded-planning-contract-for-PDH-plant-in-Texas_12236.html
September 23, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract with Norilsk Nickel for the delivery of minerals processing technology and equipment to the Bystrinskoe copper concentrator in the Chita Region...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-to-deliver-minerals-processing-technology-to-Norilsk-Nickel-in-Russia_12210.html
September 23, 2014
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded an engineering, procurement, fabrication and construction contract by Fort Hills Energy L.P. for the utilities scope of the Fort Hills oil sands mining project. The project is located about 90 km north of Fort McMurray in Alberta, Canada. Fluor booked the contract for $1.3 billion in the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-secures-Canadian-oil-sands-contract_12235.html
September 22, 2014
On September 15, Sulzer Ltd. (Winterthur, Switzerland; www.sulzer.com) agreed to acquire Advanced Separation Company B.V. (ASCOM) and ProLabNL B.V., (both Arnhem, the Netherlands). These acquisitions expand the offering of the division Sulzer Chemtech for gas-liquid and liquid-liquid separation technologies and position it as a major player in the market. ASCOM’s portfolio covers gas-liquid...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Sulzer-strengthens-its-position-in-the-oil-and-gas-market_12206.html
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