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

Displaying 121 - 140 of 2252 stories.
April 29, 2014
Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.de) has been issued the permit for the expansion and operation of its hydrochloric acid facility in Dormagen. The Cologne district authority issued the corresponding ruling on Tuesday following a detailed appraisal. The company can now move forward with the European-wide marketing of hydrochloric acid, which occurs as a by-product in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Bayer-to-expand-HCl-facility-in-Dormagen_11758.html
April 28, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in the technology startup Algal Scientific Corp. (Northville, Mich.; www.algalscientific.com). Evonik is part of an investors’ consortium that is investing more than $3 million in Series A financing round. Under the trade name Algamune, Algal markets 1,3-β-glucan, a polysaccharide that strengthens immune response. It is used as...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-Algal-Scientific_11754.html
April 24, 2014
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for basic engineering for the Squaw Gulch ADR2 project, a new adsorption, desorption and recovery (ADR) facility at AngloGold Ashanti Corp.’s Cripple Creek...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-contract-for-U-S-gold-facility_11746.html
April 24, 2014
Meredian, Inc. (Bainbridge, Ga.; www.meredian.com), a privately held biopolymer manufacturer, and Tate & Lyle Plc (London, U.K.; www.tateandlyle.com), a leading global provider of specialty food ingredients and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Meredians-PHA-ready-for-commercial-scale-production_11747.html
April 24, 2014
The Institution of Chemical Engineers (IChemE; Rugby, U.K.; www.icheme.org) has given its support to the Trillion Tonne Communiqué — a global call to arms from organizations who take the science of climate change seriously and demand a proactive policy response. The Communiqué has been produced by The Prince of Wales’s Corporate Leaders Group (CLG) — a group of business...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Chemical-engineers-to-support-Trillion-Tonne-Communique_11750.html
April 22, 2014
The Hungarian fertilizer manufacturer Nitrogénmüvek Zrt. is extending its cooperation with plant engineering specialist ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com). A granulation plant with a capacity of 1,550 ton/yr of ammonium nitrate (AN) or 1,960 ton/yr of calcium ammonium...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-Industrial-Solutions-wins-fertilizer-contract-in-Hungary_11741.html
April 22, 2014
ICL (Tel Aviv, Israel; www.icl-group.com) says that its ICL Industrial Products segment (ICL IP) is progressing as planned with the project to increase its production capacity of FR-122P, it's polymeric flame retardant (FR) to replace the HBCD FR which is currently the standard used in EPS/XPS insulation foams and which under E.U. regulations is to be phased out by August 2015. ICL IP produces...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ICL-IP-completing-2nd-production-facility-for-polymeric-flame-retardants_11743.html
April 16, 2014
GEA Group (Düsseldorf, Germany; www.gea.com) announces the sale of its Heat Exchangers (HX) Segment to funds advised by Triton (Frankfurt am Main, Germany; www.triton-partners.com). The purchase agreement was signed today. The sale is based on an enterprise value of approximately €1.3 billion. The transaction is still subject to the approval of the competent antitrust regulators. Closing of the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/GEA-Group-to-sell-its-Heat-Exchangers-Segment-to-Triton_11695.html
April 16, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) is building a new world-scale plant for the production of specialty amines in Ludwigshafen. Startup of the facility with a total annual capacity of about 12,000 metric tons is scheduled for 2015. The product range of this flexible multi-product plant comprises 15 amines for different applications. The major applications are in the construction, automotive, crop...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-build-new-world-scale-plant-for-specialty-amines-in-Ludwigshafen_11696.html
April 15, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) received an order from a customer in India for the design and delivery of an iron-ore pelletizing plant to be constructed in North-East India. The value of the order is approximately €70 million and it will be...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-to-deliver-iron-ore-pelletizing-technology-to-India_11689.html
April 15, 2014
Air Products (Lehigh Valley, Pa.; www.airproducts.com) recently implemented its integrated oxy-fuel combustion system for Oriental Silicas Corp. (OSC) in Taiwan, the first water-glass producer in Asia to adopt this innovative combustion technology. The system helps OSC improve product quality, reduce emissions, and increase productivity in its water glass (sodium silicate) lumps production process. The...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-implements-integrated-oxy-fuel-combustion-system-in-Asia_11693.html
April 15, 2014
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Shandong Chengtai Chemical Industry Co. for the license and engineering design of a grassroots...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-lands-Catofin-technology-award-from-Shandong-Chengtai_11694.html
April 13, 2014
Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.com) entered Kuwait with the KNPC Clean Fuels Project (CFP) worth $3.8 billion and signed the contract at the official signing ceremony with Kuwait National Petroleum Co. (KNPC). The signing ceremony was attended by Samsung...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Samsung-Engineering-signs-Kuwait-Clean-Fuels-Project_11686.html
April 11, 2014
Maag Automatik (Oberglatt, Switzerland; www.maag.com), a Dover Corp. Member (www.psgdover.com), is proud to announce that M&G Finanziaria (Italy) has chosen the German manufacturer to supply the equipment needed for a complete polyethylene terephthalate (PET) pelletizing plant. Not only will Automatik deliver a number of its production proven underwater...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Maag-Automatik-Plastics-Machinery-wins-major-contract_11685.html
April 10, 2014
Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont Group. (www.mairetecnimont.com), has signed a license agreement with Dakota Gasification Co. for the construction of a brownfield urea melt, granulation and DEF plant in Beulah, N.D. The urea plant will utilize Stamicarbon’s state-of-the-art Urea 2000Plus Pool Reactor technology. The...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Stamicarbon-signs-contract-for-urea-meltgranulation-plant-in-Bismark_11682.html
April 9, 2014
Clariant (Muttenz, Switzerland; www.clariant.com) and Ashland Inc. (Covington, Ky.; www.ashland.com) today announced that they have entered into a definitive agreement to sell their joint venture (JV), ASK Chemicals headquartered in Hilden, Germany, to investment funds affiliated with Rhône, a London and New York-based private equity investment firm. The enterprise value of the transaction before...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-and-Ashland-to-sell-ASK-Chemicals-JV-to-Rhone_11673.html
April 9, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) and Sinopec Corp. (Beijing, China; www.sinopec.com) today inaugurated two new plants for acrylic acid and superabsorbent polymers (SAP) at their state-of-the-art Verbund site, BASF-YPC Co., a 50-50 joint venture (JV) in Nanjing, China. Additionally, a new butyl acrylate plant will begin production later this year. The new plants will further strengthen the C3...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-and-Sinopec-inaugurate-acrylic-acid-and-SAP-plants-in-Nanjing_11674.html
April 9, 2014
Styron (Horgen, Switzerland; www.styron.com) says that it will convert its nickel butadiene rubber (Ni-BR) production train in Schkopau, Germany, to neodymium butadiene rubber (Nd-BR). Coupled with Styron’s existing leading technology in solution styrene butadiene rubber (SSBR), the Nd-BR offering will allow Styron to help customers around the world meet the increasing demand for green...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Styron-plans-to-convert-Ni-BR-rubber-production-line-to-Nd-BR_11675.html
April 8, 2014
CB&I (The Woodlands, Tex.; ) says that its Chevron Lummus Global joint venture has been awarded a contract valued in excess of $100 million. The scope of work includes the license, engineering design package and catalyst supply for three grassroots petroleum-refinery units to be located in China.One unit will utilize LC-MAX residue hydrocracking technology — the first commercialization for a grassroots...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-lands-refining-technology-award-in-China_11672.html
April 6, 2014
Ashland Specialty Ingredients, a commercial unit of Ashland Inc. (Covington, Ky.; www.ashland.com) held a grand opening ceremony for the opening of a new pharmaceutical center of excellence in Hyderabad, India. This is the ninth center of excellence that Ashland Specialty Ingredients has opened, and it joins Ashland’s global network of three-dozen research and development and technical centers. The...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Ashland-opens-new-center-of-excellence-in-Hyderabad_11669.html
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