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

Displaying 241 - 260 of 2237 stories.
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
October 1, 2013
Plant Watch Sibur and BASF sign longterm agreement for polymer additives September 12, 2013 — Sibur (Moscow, www.sibur.com) and BASF SE (Ludwigshafen, Germany; www.basf.com) have signed a longterm cooperation memorandum to supply additives to be used for polymer production and processing at Sibur’s production facilities. BASF will supply additives and also provide technical support. Cabot and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-forms-joint-venture-with-Secar-for-lightweight-composites-and-more-business-news_11071.html
September 30, 2013
Clariant (Muttenz, Switzerland; www.clariant.com) today announced that it has acquired the Organic Pigment business of Jiangsu Multicolor Fine Chemical Co., Ltd (JMC; Jiangsu Province, China). JMC is a leading supplier of several types of high performance pigments and pigment preparations in China. The business recorded sales of RMB 210 million (approximately...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-acquires-organic-pigment-business-invests-in-new-plant-in-China_11078.html
September 30, 2013
Malvern Instruments Ltd (Malvern, U.K.; www.malvern.com), a leading global provider of instrumentation and expertise for materials and biophysical characterization, has acquired nanoparticle characterization company NanoSight Ltd. (Amesbury, UK; www.nanosight.com). The acquisition was completed on Friday 27 September 2013. NanoSight has developed and commercialized a unique and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Malvern-Instruments-acquires-NanoSight_11079.html
September 30, 2013
Solvay S.A. (Brussels, Belgium; www.solvay.com) plans to build South-East Asia's largest sodium bicarbonate plant. Located in Thailand and with a total capacity of 100,000 ton/yr, this new facility will help meet the growing demand for high quality products from the region's dynamic healthcare and food markets. Solvay will...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-to-build-large-bicarbonate-plant-in-Thailand_11080.html
September 30, 2013
Shell Cansolv (Montreal, Canada; www.cansolv.com) and Technip (Paris, France; www.technip.com) have signed an agreement to leverage their respective expertise in marketing an end-to-end solution for Carbon Capture and Sequestration (CCS)...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Shell-Cansolv-and-Technip-to-strengthen-CO2-capture-technology_11081.html
September 30, 2013
Biesterfeld France Produits Spéciaux EURL (Rueil-Malmaison near Paris, France), the French subsidiary of Biesterfeld Spezialchemie GmbH (Hamburg, Germany; www.biesterfeld-spezialchemie.com), has acquired the French company SMPC Production located in St. Ouen l‘Aumone with...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Biesterfeld-France-Produits-Speciaux-EURL-aquires-SMPC-Production_11082.html
September 20, 2013
BASF SE (Ludwigshafen, Germany; www.basf.com)says that its U.S. affiliate, BASF Corp., has entered into an agreement to commence a cash tender offer for all of the outstanding shares of common stock of the biotechnology company Verenium Corp. (San Diego, Calif.) for $4.00 per share. Based on all outstanding shares and including all net financial liabilities, the enterprise value would be approximately $62...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-announces-cash-offer-to-acquire-Verenium_11018.html
September 20, 2013
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com) says that Phase II of the Emirates Aluminum Smelter Complex (EMAL II) project in Abu Dhabi has achieved first hot metal nearly three months ahead of schedule. SNC-Lavalin has been contracted to provide engineering, procurement...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/SNC-Lavalin-achieves-first-hot-metal-on-EMAK-II-project_11023.html
September 18, 2013
Wendelsheim (Germany), September 18, 2013 – Ehrfeld Mikrotechnik BTS GmbH (EMB; Wendelsheim; www.ehrfeld.com), a subsidiary of Bayer Technology Services GmbH (Leverkusen, both Germany; www.bayertechnology.com), has acquired a worldwide license from Alfa Laval AB (Lund, Sweden; www.alfalaval.com) to market and manufacture ART reactor technology. With these millistructured plate reactors, which are...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Ehrfeld-Mikrotechnik-BTS-and-Alfa-Laval-cooperate-in-millireactor-technology_11012.html
September 18, 2013
Fauske & Associates, LLC (FAI; Burr Ridge, Ill.; www.fauske.com), a leader in nuclear, industrial and chemical process safety, becomes one of the most comprehensive, state-of-the-art combustible dust hazards testing laboratories and education centers in the world. With regard to industrial and chemical process safety, FAI is at the forefront for dust explosivity/combustibility testing offering a...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Fauske-and-Associates-opens-combustible-dust-hazards-testing-lab_11013.html
September 16, 2013
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded an engineering and design services contract by South Louisiana Methanol L.P. for a potential 5,000 metric tons-per-day methanol project in St. James...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-awarded-gas-to-methanol-contract-by-South-Louisiana-Methanol_11002.html
September 16, 2013
After seven years of research, BASF SE (Ludwigshafen, Germany; www.basf.com) unveiled its new high- performance insulating material at its Lemförde location to selected guests from the media and trade press. The product premiere of Slentite also coincided with the ground-breaking ceremony for the construction of a pilot plant on the works site which will supply sample quantities of the new insulating...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-unveils-its-new-high-performance-insulating-material_11003.html
September 13, 2013
Lanxess AG (Cologne, Germany; www.lanxess.com) is expanding its portfolio of phosphorus-based chemicals by taking over the business operations belonging to the French subsidiary of the insolvent Dutch company thermPhos International B.V. The transaction closes with immediate effect. Lanxess is...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Lanxess-expands-phosphorus-chemicals-portfolio_10999.html
September 12, 2013
Endress+Hauser (Switzerland; www.endress.com) is set to serve its customers in North and South Americawith more US-made products. The Swiss specialist for measurement engineering and process automation has invested over $40 million in expanding its plants for flow, level and pressure measurement engineering in Greenwood, Indiana. Producing, assembling and calibrating at sites all over the world is one of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Endress+Hauser-expands-U-S-production_10997.html
September 12, 2013
The Metropolitan Water Reclamation District of Greater Chicago (MWRD) has selected Black & Veatch (B&V; Overland Park, Kan.; www.bv.com) and Ostara Nutrient Recovery Technologies Inc. (Ostara; Vancouver, B.C., Canada; www.ostara.com) to design and build a new nutrient recovery system at its Stickney Water Reclamation Plant in Cicero, IL. The facility will improve water quality in local rivers...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/B-and-V-and-Ostara-to-build-nutrient-recovery-system-for-worlds-largest-water-reclamation-plant_10998.html
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