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

Displaying 21 - 40 of 2237 stories.
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
September 22, 2014
Merck KGaA (Darmstadt, Germany; www.merckgroup.com) Sigma-Aldrich (St. Louis, Mo.; www.sigma-aldrich.com) have entered into a definitive agreement under which Merck will acquire Sigma-Aldrich for $17.0 billion (€13.1 billion), establishing one of the leading players in the $130 billion global life science industry. Merck will acquire all of the outstanding shares of Sigma-Aldrich for $140 per share in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Merck-KGaA-to-acquire-Sigma-Aldrich-for-$17-billion_12208.html
September 22, 2014
Siemens AG (Munich, Germany; www.siemens.com) executes on its Vision 2020 with a decisive move to strengthen its core. The company has entered into an agreement with Dresser-Rand (Houston), which is listed on the New York Stock Exchange, to acquire all of the issued and outstanding common shares of Dresser-Rand by way of a friendly takeover bid. Siemens’ bid is unanimously supported by...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Siemens-to-acquire-Dresser-Rand-for-$7-6-billion_12209.html
September 19, 2014
Mitsubishi Hitachi Power Systems (MHPS; Yokohama, Japan; www.mpshq.com) has received an order from ENEA Wytwarzanie S.A., a power producer in Poland, for two sets of selective catalytic reduction (SCR) deNOx system for installation at Units 1 and 2 of the company's Power Station in Kozienice. These high-performance systems reduce emissions of NOx (oxides of nitrogen) by more than 80%. They are scheduled to...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/MHPS-receives-order-for-DeNOx-system-in-Poland_12202.html
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
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