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

Displaying 1 - 20 of 2203 stories.
September 16, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has opened a new office in Manila, the Philippines, as part of the company's expansion in the Asia Pacific (APAC) region. The new office was inaugurated by Stuart Sneyd, president of Outotec's APAC region, in the presence of customers, ministries and industry associations. The Philippines is ranked as the fifth most mineralized country in the world and has...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-opens-office-in-Manila_12188.html
September 16, 2014
Technology, engineering and project management company Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and Borealis (Vienna, Austria; www.borealisgroup.com) have signed an agreement for Neste Jacobs to deliver the EPCM (engineering, procurement...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Neste-Jacobs-to-implement-Borealis-steam-cracker-upgrade-in-Sweden_12189.html
September 12, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Cobre del Mayo on the delivery of full anode conversion of the Piedras Verdes copper electrowinning plant in Mexico. The delivery will include over 6,000 of the new mixed metal oxide coated titanium anodes. The order value is less than €10 million. Cobre del Mayo's refinery at Piedras Verdes in Sonora, the heart of Mexico's copper...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-delivers-coated-titanium-anodes-to-copper-tankhouse-in-Mexico_12185.html
September 11, 2014
Specialty chemicals group Lanxess AG (Cologne, Germany; www.lanxess.com) is strengthening its production network in China to meet the high level of demand for iron oxide pigments and is adding a mixing and milling plant to the pigment plant already under construction in Ningbo. Lanxess is creating a total of roughly 200 new jobs with these two plants. Potential customers for the iron oxide pigments are the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Lanxess-expands-new-plant-for-inorganic-pigments-in-Ningbo_12177.html
September 11, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) today announced the start-up of a new butadiene extraction plant at its Verbund site in Antwerp, Belgium. The plant has an annual production capacity of 155,000 metric tons (m.t.). The plant in Antwerp is BASF’s second butadiene extraction plant in Europe. BASF already operates a butadiene extraction plant at its Verbund site in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-starts-up-butadiene-extraction-plant-in-Antwerp_12178.html
September 11, 2014
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, says that its Oleflex process technology has been selected to produce key ingredients to help meet the growing demand for fuel and petrochemicals in China. Shandong Shouguang Luqing Petrochemical Co. will use Honeywell’s UOP C4 Oleflex process technology to produce isobutylene, a key ingredient for making high-octane fuel and synthetic...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/UOP-Oleflex-technology-selected-for-isobutylene-unit-in-China_12183.html
September 11, 2014
Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.com) has received a contract from Pemex, a Mexican state-owned petroleum company, for the Pemex Salamanca ULSD Project. The project will be executed in two phases. Phase I will include detail...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Samsung-Engineering-awarded-Pemex-Salamanca-Refinery-plant-contract_12184.html
September 10, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a contract by Fertial SpA to provide licensing and basic engineering design services to revamp Fertial’s Annaba and Arzew...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-wins-contract-for-licensing-design-services-for-two-ammonia-plants-in-Algeria_12176.html
September 9, 2014
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) reached an agreement to acquire MTG, Ltd. (Houston; www.mgtl.com). MTG is a management-consulting firm in the oil and gas, petrochemicals...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/WorleyParsons-to-acquire-hydrocarbons-management-consulting-firm_12172.html
September 8, 2014
Effective April 1st, 2014, the TER Plastics Polymer Group (Herne, Germany; www.terhell.de) took over the majority of the Polish Polimarky Performance Polymers in Rogoznica. The new TER Plastics subsidiary was subsequently renamed into Terez Performance Polymers. High performance compounds on the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/TER-Plastics-Polymer-Group-acquires-Polish-high-performance-compounder_12169.html
September 7, 2014
PRPC Refinery and Cracker Sdn. Bhd., a subsidiary under the Petroliam Nasional Berhad (Petronas) group, Malaysia’s national energy company has awarded the consortium of CTCI Corp. (Taiwan; www.ctci.com.ty), Chiyoda Corp. (Yokohama, Japan; www.chiyoda-corp.com) and three Malaysian companies — CCJV P1 Engineering and Construction Sdn. Bhd., Synerlitz (Malaysia) Sdn. Bhd. and MIE Industrial Sdn...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Asian-consortium-awarded-EPCC-contract-for-Petronas-RAPID-project_12168.html
September 6, 2014
The final step in constructing a single organization to lead process automation communications and integration technologies was completed when the members of both the HART Communication Foundation (www.hartcomm.org) and Fieldbus Foundation (both Austin, Tex.; www.fieldbus.org) approved the merger proposed by their respective boards through a voting process that concluded on August 30. This completes a...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/The-formation-of-FieldComm-Group-move-forward_12167.html
September 4, 2014
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to buy the Ryton PPS (polyphenylene sulphide) business from U.S.-based petrochemical company Chevron Phillips Chemical Co. for $220 million, expanding its offering of high-performance polymers and entering a solid growth market. Solvay Specialty Polymers, which has the industry's broadest product portfolio, will gain access to new...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-expands-its-specialty-polymers-offerings-with-Ryton-PPS-acquisition_12163.html
September 4, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) has announced an expansion of its specialty silica capacities in Ako, Japan through a holding in DSL Japan Co. (DSL). Evonik holds 51% of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-to-expand-its-specialty-silica-capacities-in-Japan_12164.html
September 3, 2014
Following its recent acquisition of the biotechnology company Virdia, Inc. (Redwood City, Calif.; www.virdia.com), Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) is investing €32 million ($43 million) in a demonstration and market development plant to be built at Raceland, Louisiana. The plant will be used for industrial validation of the newly acquired extraction and separation technology...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Stora-Enso-to-build-biomass-to-sugars-demonstration-plant-in-Louisiana_12162.html
September 2, 2014
In collaboration with Mitsubishi Heavy Industries Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) has been selected for the design of a new ammonia plant for a major fertilizer project in Turkmenistan. The project has been awarded by State Concern Turkmenhimiya, a state-owned chemical company in Turkmenistan and also includes project partners...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Topsøe-to-design-large-scale-fertilizer-plant-with-project-partners-in-Turkmenistan_12157.html
September 2, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in its German operations with new large- scale industrial plants, capacity expansions, and new research centers. The company plans to invest some €2 billion of the extensive investment program it has developed as part of its growth strategy from 2012 to 2016 in Germany. "Germany has a strong and healthy industrial base. Our...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-German-operations_12158.html
September 2, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a reimbursable contract by Koch Nitrogen Company, LLC to provide engineering, procurement, and construction (EPC) services for a new grassroots urea plant, part of a $1.3-billion expansion project by Koch...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-EPC-contract-for-Koch-Nitrogen-urea-expansion_12161.html
September 1, 2014
Plant Watch Jacobs awarded contract for ExxonMobil projects in Baytown and Mont Belvieu August 12, 2014 — Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract from ExxonMobil Chemical Co. to provide engineering, procurement and construction services as part of an ethane-cracker project in ExxonMobil’s Baytown, Tex. complex, and associated premium product...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-to-build-new-masterbatches-plant-in-Australia-and-more-business-news_12128.html
August 25, 2014
Kemira Oyj (Helsinki; www.kemira.com) has awarded Pöyry Oyj (Vantaa, both Finland; www.poyry.fi) with assignments for EPCM (engineering, procurement and construction management) services for a sodium chlorate...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Poyry-awarded-EPCM-services-assignments-for-sodium-chlorate-plant-in-Brazil_12137.html
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