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

Displaying 241 - 260 of 2252 stories.
October 18, 2013
UOP LLC (UOP; Des Plaines, Ill.; www.uop.com), a Honeywell company, and ExxonMobil Research and Engineering Co. (EMRE; Fairfax, Va.) have finalized a technology licensing agreement with a subsidiary of Gazprom Neft under Honeywell’s UOP and EMRE’s joint marketing alliance. The new technology will enable Gazprom to improve its production of refined distillates at its subsidiary, the Moscow Oil...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Gazprom-Neft-UOP-and-EMRE-finalize-technology-licensing-agreement_11123.html
October 16, 2013
Air Products (Lehigh Valley, Pa.; www.airproducts.com), and its subsidiary Air Products Canada Ltd., today announced plans to build, own and operate a new world-scale hydrogen production plant adjacent to Shell Canada’s Scotford facility located northeast of Edmonton, Alberta, Canada. The Air Products facility will produce over 150 million standard cubic feet per day (MMSCFD) of hydrogen and will be...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-to-build-new-world-scale-H2-plant-to-support-Shell-Scotford-facility_11119.html
October 16, 2013
Fluor Corp. (Irving, Tex.; www.fluor.com) says that its ICA Fluor industrial engineering-construction joint venture (JV) with Empresas ICA, S.A.B. de C.V. (BMV: ICA) signed a contract with Petroquimica Mexicana de Vinilo (PMV), a JV between Mexichem, the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ICA-Fluor-to-build-vinyl-chloride-monomer-plant-in-Mexico_11120.html
October 16, 2013
Technip (Paris, France; www.technip.com) was awarded a contract by Sasol to supply its proprietary ethylene technology and front-end...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Technip-awarded-contract-for-ethane-cracker-in-Louisiana_11121.html
October 15, 2013
Clariant (Muttenz, Switzerland; www.clariant.com) has signed an agreement to divest its Detergents & Intermediates business to International Chemical Investors Group (ICIG; Luxembourg; www.ic-investors.com). The total consideration of the sale amounts to CHF 58 million, out of which 20 million will be in cash at closing. The transaction is subject to regulatory approvals. “Having successfully...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-divests-Detergents-and-Intermediates-Business-to-ICIG_11116.html
October 15, 2013
Wison Engineering Services Co. Ltd. (Shanghai, China; www.wison.com), the largest private sector chemical engineering, procurement and construction management (EPC) service provider in China announced today that Wison Engineering Ltd., an indirectly non wholly-owned subsidiary of the company was awarded a procurement and construction contract by...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Wison-wins-contract-for-project-in-Venezuela_11117.html
October 15, 2013
Cooper Valves (Stafford, Tex.; www.coopervalves.com) says it has acquired Accuseal (Houston), the leading manufacturer of severe service metal-seated ball valves. The acquisition will strengthen Cooper Valves’ position within the severe-service valve market. Accuseal will conduct future...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Cooper-Valves-acquires-Accuseal_11118.html
October 14, 2013
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) and E.ON, one of the world’s largest power and gas companies, have entered an agreement, where E.ON will utilize excess heat generated at Haldor Topsøe’s production site in Frederikssund, Denmark, to provide district heating for up to 50% of Frederikssund city’s homes. In late August construction of a 400-m long...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Haldor-Topsøe-and-E-ON-to-harness-excess-industrial-heat_11114.html
October 14, 2013
Belarus-based Grodno Azot has placed an order with plant engineering specialists ThyssenKrupp Industrial Solutions AG (Hamburg, Germany; www.thyssenkrupp-uhde.com) for the planning and delivery of a nitric acid plant and a plant for the production of the liquid fertilizer urea ammonium nitrate (UAN) based on the Uhde process. The facilities will be integrated into the company's existing chemical plant in...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-Industrial-Solutions-receives-fertilizer-plant-contract-from-Belarus_11115.html
October 11, 2013
Technology, engineering and project-management company Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and dairy company Valio Oy...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Neste-Jacobs-to-deliver-APC-technology-whey-powder-factory_11110.html
October 11, 2013
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded minerals-processing-technology orders by Grupo Peñoles for four greenfield concentrators and one expansion in Mexico. The orders, worth over €47 million, have been booked in Outotec's third quarter order intake. Outotec's deliveries include altogether 148 Outotec TankCell flotation cells, 9 Outotec High Rate thickeners and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-receives-minerals-processing-technology-orders-from-Mexico_11111.html
October 10, 2013
Advent International www.adventinternational.com), one of the largest and most experienced global firms dedicated solely to private equity, today announced its divestment from Oxea (www.oxea-chemicals.com), one of the largest global manufacturers of Oxo chemicals. Oman Oil Co. (OOC; Muscat; www.oman-oil.com), a commercial company wholly owned by the Government of the Sultanate of Oman, will acquire Oxea to...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Oman-Oil-acquires-Oxea-from-Advent-International_11107.html
October 9, 2013
Clariant (Muttenz, Switzerland; www.clariant.com) has successfully expanded production capacity for Houdry dehydrogenation catalysts at its Louisville/Kentucky, USA plant. The double-digit million Swiss francs debottlenecking investment will support increasing demand for Houdry catalysts driven mainly by shale gas development. The facility will come on-stream in mid-October 2013 as planned. Houdry...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-brings-new-Houdry-dehydrogenation-catalyst-capacity-on-stream_11104.html
October 9, 2013
Lanxess AG (Cologne, Germany; www.lanxess.com) has commissioned a new CO2 concentration unit at its Newcastle production site in South Africa. Lanxess has invested some €40 million to build the unit, which was completed in just 19 months. The company operates a highly modern plant at the site for the production of sodium dichromate, which is mainly further processed into chrome tanning materials for...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Lanxess-commissions-CO2-concentration-unit-in-South-Africa_11105.html
October 8, 2013
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced plans to build, own and operate a new liquid nitrogen production facility in West Texas to serve the oil and gas industry in the Permian Basin. The new facility, to have an approximate 250-ton/d capacity, will strengthen Air Products’ existing leadership position in supplying the region’s oilfield services market. The...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-plans-liquid-N2-facility-in-Texas_11103.html
October 7, 2013
As part of its ongoing transformation, Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to acquire privately-held Chemlogics (Paso Robles, Calif.) for a total cash consideration of $1.345 billion. Adding the U.S.-based company to Solvay's Novecare business unit will create a leader with an extensive portfolio of tailored chemical solutions for the fast-growing oil & gas market...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-to-acquire-Chemlogics_11097.html
October 7, 2013
Teijin Ltd. (Tokyo, Japan; www.teijin.co.jp) imited announced today that it has established a joint venture with South Korean chemical producer SK Chemicals to develop and sell polyphenylene sulfide (PPS) resins and compounds in Ulsan, South Korea. Construction of a 12,000-ton/yr PPS resin plant began on October 1. Teijin owns 34% of the new company, INITZ Co., Ltd., and SK Chemicals holds the remaining 66%...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Teijin-SK-Chemicals-JV-begins-constructing-PPS-resin-plant_11098.html
October 5, 2013
The Babcock & Wilcox Company (B&W; Charlotte, N.C.; www.babcock.com) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed an agreement with the FutureGen Industrial Alliance to perform full front-end engineering and design (FEED) work on the FutureGen 2.0 carbon capture and storage (CCS) project in Meredosia, Ill. The agreement marks the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/B-and-W-begins-FEED-work-for-FutureGen-2-0-Carbon-Capture-Project_11096.html
October 3, 2013
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) announced today that a contract has been signed between Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) and JGC and Fluor Corp. (Irving, Tex.; www.fluor.com) to provide engineering, procurement, and construction services for the company's ethane cracker to be built in Baytown, Texas as...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/JGC-and-Fluor-awarded-EPC-contract-for-major-ethylene-plant-in-the-U-S-_11093.html
October 3, 2013
Technip (Paris, France; www.technip.com) and Zachry Industrial (San Antonio, Tex.; www.zhi.com), in a partnership called Gulf Coast Partners, have been awarded a substantial contract to design and build two polyethylene (PE) plants for Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) as a part of its U.S. Gulf Coast Petrochemicals project in Old Ocean, Texas. The scope of work...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Technip-and-Zachry-awarded-polyethylene-project-in-the-U-S-_11094.html
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