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

Displaying 41 - 60 of 2236 stories.
September 10, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a contract by Fertial SpA to provide licensing and basic engineering design services to revamp Fertial’s Annaba and Arzew...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-wins-contract-for-licensing-design-services-for-two-ammonia-plants-in-Algeria_12176.html
September 9, 2014
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) reached an agreement to acquire MTG, Ltd. (Houston; www.mgtl.com). MTG is a management-consulting firm in the oil and gas, petrochemicals...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/WorleyParsons-to-acquire-hydrocarbons-management-consulting-firm_12172.html
September 8, 2014
Effective April 1st, 2014, the TER Plastics Polymer Group (Herne, Germany; www.terhell.de) took over the majority of the Polish Polimarky Performance Polymers in Rogoznica. The new TER Plastics subsidiary was subsequently renamed into Terez Performance Polymers. High performance compounds on the...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/TER-Plastics-Polymer-Group-acquires-Polish-high-performance-compounder_12169.html
September 7, 2014
PRPC Refinery and Cracker Sdn. Bhd., a subsidiary under the Petroliam Nasional Berhad (Petronas) group, Malaysia’s national energy company has awarded the consortium of CTCI Corp. (Taiwan; www.ctci.com.ty), Chiyoda Corp. (Yokohama, Japan; www.chiyoda-corp.com) and three Malaysian companies — CCJV P1 Engineering and Construction Sdn. Bhd., Synerlitz (Malaysia) Sdn. Bhd. and MIE Industrial Sdn...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Asian-consortium-awarded-EPCC-contract-for-Petronas-RAPID-project_12168.html
September 6, 2014
The final step in constructing a single organization to lead process automation communications and integration technologies was completed when the members of both the HART Communication Foundation (www.hartcomm.org) and Fieldbus Foundation (both Austin, Tex.; www.fieldbus.org) approved the merger proposed by their respective boards through a voting process that concluded on August 30. This completes a...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/The-formation-of-FieldComm-Group-move-forward_12167.html
September 4, 2014
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to buy the Ryton PPS (polyphenylene sulphide) business from U.S.-based petrochemical company Chevron Phillips Chemical Co. for $220 million, expanding its offering of high-performance polymers and entering a solid growth market. Solvay Specialty Polymers, which has the industry's broadest product portfolio, will gain access to new...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-expands-its-specialty-polymers-offerings-with-Ryton-PPS-acquisition_12163.html
September 4, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) has announced an expansion of its specialty silica capacities in Ako, Japan through a holding in DSL Japan Co. (DSL). Evonik holds 51% of...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-to-expand-its-specialty-silica-capacities-in-Japan_12164.html
September 3, 2014
Following its recent acquisition of the biotechnology company Virdia, Inc. (Redwood City, Calif.; www.virdia.com), Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) is investing €32 million ($43 million) in a demonstration and market development plant to be built at Raceland, Louisiana. The plant will be used for industrial validation of the newly acquired extraction and separation technology...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Stora-Enso-to-build-biomass-to-sugars-demonstration-plant-in-Louisiana_12162.html
September 2, 2014
In collaboration with Mitsubishi Heavy Industries Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) has been selected for the design of a new ammonia plant for a major fertilizer project in Turkmenistan. The project has been awarded by State Concern Turkmenhimiya, a state-owned chemical company in Turkmenistan and also includes project partners...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Topsøe-to-design-large-scale-fertilizer-plant-with-project-partners-in-Turkmenistan_12157.html
September 2, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in its German operations with new large- scale industrial plants, capacity expansions, and new research centers. The company plans to invest some €2 billion of the extensive investment program it has developed as part of its growth strategy from 2012 to 2016 in Germany. "Germany has a strong and healthy industrial base. Our...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-German-operations_12158.html
September 2, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a reimbursable contract by Koch Nitrogen Company, LLC to provide engineering, procurement, and construction (EPC) services for a new grassroots urea plant, part of a $1.3-billion expansion project by Koch...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-EPC-contract-for-Koch-Nitrogen-urea-expansion_12161.html
September 1, 2014
Plant Watch Jacobs awarded contract for ExxonMobil projects in Baytown and Mont Belvieu August 12, 2014 — Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract from ExxonMobil Chemical Co. to provide engineering, procurement and construction services as part of an ethane-cracker project in ExxonMobil’s Baytown, Tex. complex, and associated premium product...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-to-build-new-masterbatches-plant-in-Australia-and-more-business-news_12128.html
August 25, 2014
Kemira Oyj (Helsinki; www.kemira.com) has awarded Pöyry Oyj (Vantaa, both Finland; www.poyry.fi) with assignments for EPCM (engineering, procurement and construction management) services for a sodium chlorate...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Poyry-awarded-EPCM-services-assignments-for-sodium-chlorate-plant-in-Brazil_12137.html
August 25, 2014
KBR Inc. (Houston; www.kbr.com) has been awarded a contract from Gemini HDPE LLC, a manufacturing joint venture between INEOS Olefins & Polymers USA (Ineos) and Sasol, to provide engineering, procurement, and construction (EPC) services for a new high-density polyethylene (HDPE) facility to be located at...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-EPC-contract-for-new-HDPE-facility-in-Texas_12141.html
August 25, 2014
A groundbreaking ceremony was held in Ovadan-Depe near the capital of Ashgabad in Turkmenistan to launch the construction of a major plant focused on the conversion of natural gas into synthetic gasoline. The plant will be based on Haldor Topsøe A/S’s (Lyngby, Denmark; www.topsoe.com) TIGAS (Topsøe Improved Gasoline Synthesis) technology and will become the first full scale large...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Gas-to-gasoline-process-makes-commercial-debut-in-Turkmenistan_12142.html
August 19, 2014
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), working jointly with GAP Insaat Yatirim ve Dis Tiscaret A.S., a Turkish construction company and Mitsubishi Corp., will build large-scale ammonia and urea fertilizer production plants for Turkmenhimiya (TH), a state-owned chemical company in Turkmenistan. The EPCC (engineering, procurement, construction and commissioning) contract...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/MHI-Mitsubishi-and-GAP-Insaat-to-build-large-scale-fertilizer-plant-in-Turkmenistan_12088.html
August 12, 2014
Clariant AG (Muttenz, Switzerland; www.clariant.com) plans to build its newest masterbatches plant in greater Sydney Area, Australia. The new plant will mainly serve the Australian market with a full range of color and additive masterbatches, technically innovative solutions and services to meet the growing local needs...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-plans-to-build-new-masterbatches-plant-in-Australia_12074.html
August 1, 2014
Plant Watch ExxonMobil invests in new delayed coker unit at Belgium refinery July 7, 2014 — An affiliate of ExxonMobil (Irving, Tex., www.exxonmobil.com), Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., plans to install a new delayed coker unit at its Antwerp, Belgium petroleum refinery. The investment for this refinery upgrade totals more than $2 billion.   Five-member...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/ExxonMobil-invests-in-new-delayed-coker-unit-at-Belgium-refinery-and-more-business-news_12032.html
August 1, 2014
Hangzhou Hangding Nylon Tech. Co. and Uhde Inventa-Fischer GmbH (Berlin, Germany; www.uhde-inventa-fischer.com) have successfully commissioned a plant for the production of high-performance polyamide 6 for textile grade applications. The plant is located in the Economic Technical Development Area of Hangzhou City in Zhejiang Province, P.R. China and...
http://www.chemengonline.com/business_and_economics/plant_watch_mergers_and_bus_news/Polyamide-6-plant-commissioned-for-Hangzhou-Hangding-Nylon-Tech-_12058.html
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