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

Displaying 1 - 20 of 2237 stories.
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
October 27, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded a contract by JSC MMC Norilsk Nickel to modernize and rebuild Norilsk Nickel’s nickel flash-smelting furnace at Nadezhda smelter in Norilsk, Russia. The contract value in these types of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-to-modernize-Norilsk-Nickels-smelter-in-Russia_12342.html
October 27, 2014
Fluor Corp. (Irving, Tex.; www.fluor.com), in a joint venture (JV) with Technip (Paris, France; www.technip.com), was awarded a contract to continue to support Sasol with the detailed design, procurement and construction of its world-scale ethane cracker and derivatives complex in Westlake, Louisiana. Fluor will book its share of the undisclosed contract value in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-and-Technip-JV-awarded-contract-for-Sasols-La-ethane-cracker-and-derivatives-complex_12371.html
October 23, 2014
Caloric Anlagenbau GmbH (Gräfelfing, Germany; www.caloric.com) has won its first contract in the U.K. for a small, industrial onsite carbon-monoxide-generation plant (40 Nm³/h of pure CO). The plant will be delivered to a chemical company in the UK and will be realized as turnkey project within a 15 months schedule. With the Caloric Calor process, CO is produced by reforming of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Caloric-wins-its-first-project-in-the-U-K-_12309.html
October 23, 2014
Air Products (Lehigh Valley, Pa.; www.airproducts.com) is building a hydrogen laboratory at its corporate headquarters in Allentown, Pa., that will support the fast growing oil recycling industry. A key feature of the new laboratory is a hydrotreatment unit capable of performing high-pressure and high-temperature hydrogenation reactions. Air Products will use the new hydrogen laboratory, which is scheduled...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/New-Air-Products-Lab-will-help-oil-recyclers-optimize-hydrotreatment-processes_12337.html
October 23, 2014
Fluor Corp. (Irving, Tex.; www.fluor.com), in a joint venture (JV) with Technip (Paris, France; www.technip.com), was awarded an engineering, procurement and construction management (EPCM) contract by PRPC Utilities and Facilities Sdn. Bhd. for the Petronas Refinery and Petrochemical Integrated Development (RAPID) project located in Pengerang, Johor, Malaysia. Under the contract, the Fluor and Technip JV will be...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-and-Technip-awarded-RAPID-Refinery-Facilities-Project-in-Malaysia_12338.html
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
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