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

Displaying 441 - 460 of 2237 stories.
March 26, 2013
UOP LLC (Des Plaines, Ill.;, a Honeywell company, says that its UOP C3 Oleflex process technology has been selected by Williams (Tulsa, Okla.) to produce propylene, a valuable petrochemical used in plastics production. The selection is the sixth win for Honeywell’s UOP Oleflex process technology in North America, as petrochemical producers move to produce propylene from propane found in...
March 25, 2013
PPC (Thann, France;, a company of WeylChem Group (Frankfurt am Main, Germany;, the fine chemicals platform of International Chemical Investors Group (ICIG; Luxembourg), has secured bank financing from Commerzbank for the conversion of the mercury electrolysis plant. The equity portion of the financing will be provided by ICIG. PPC will convert its production of...
March 25, 2013
Uhde Inventa-Fischer (Domat/Ems, Switzerland; and JSC Grodno Azot PTC Khimvolokno (Belarus) have successfully commissioned a plant for the production of polyamide 6. The multiline plant is located in Grodno, Western Belarus, has a capacity of 91,000 metric tons (m.t.) per year and replaces seven lines that have been closed down. The new plant has enabled the customer to almost...
March 22, 2013
Outotec Oyj (Espoo, Finland; has agreed with Maschinenfabrik Köppern GmbH & Co. KG (Hattingen, Germany; on cooperation in the manufacture and supply of Outotec branded comminution products as part of Outotec's process solutions. Köppern is a global leader in high-pressure grinding roll (HPGR) technology as well as a world leader for briquetting and...
March 21, 2013
CB&I (The Woodlands, Tex.; says it has entered into an agreement with Phillips 66  to acquire the company’s E-Gas Technology business. The E-Gas solids-gasification technology is a commercially proven...
March 19, 2013
AkzoNobel (Amsterdam, the Netherlands; says it intends to invest a further €65 million in China. The investment will be used to boost capacity and significantly improve operational excellence at AkzoNobel's Surface Chemistry manufacturing sites in Boxing and Ningbo. More than half the money is being invested in the company's facility in Shandong province, which was taken over as...
March 19, 2013
Royal DSM (, the global Life Sciences and Materials Sciences company, today announces that it has acquired SolarExcel B.V. (Venray, the Netherlands). SolarExcel has developed a proprietary light-trapping technology that can significantly increase the efficiency of solar panels. With the acquisition DSM expands its growing portfolio of solar energy enabling technologies. Financial details of the...
March 19, 2013
UOP LLC (Des Plaines, Ill.;, a Honeywell company, has been selected to provide technology to produce propylene in China. Fujian Meide Petrochemical Co. will use Honeywell’s UOP C3 Oleflex process technology to convert propane to propylene, a key ingredient in the production of materials such as films and packaging. It is the 12th Oleflex project UOP has announced since the beginning...
March 18, 2013
Primozone Production AB (Löddeköpinge, Sweden; and Ozone Water Systems, Inc. (OWS; Phoenix, Ariz.;, announced today that they have entered into a strategic partnership agreement for the U.S. Under the terms of the agreement, Ozone Water Systems, a leading global supplier of turnkey ozonation systems and services, will be responsible for sales, service...
March 18, 2013
Toyo Engineering Corp. (Toyo; Chiba, Japan; has been awarded a contract to construct a synthetic resin (ethylene-vinyl alcohol copolymer, EVOH)...
March 14, 2013
Ube Industries, Ltd. (Ube; Tokyo, Japan; has established a joint venture (JV) with Lotte Chemical Corp. (Seoul, South Korea), Lotte Chemical Titan Holding Sdn. Bhd. (Kuala Lumpur, Malaysia), and Mitsubishi Corp. (Tokyo, Japan) to manufacture and market butadiene rubber (BR) in Johor, Malaysia. The move is in response to growing demand for BR in the Asia region. The JV will be licensed...
March 14, 2013
CB&I (The Woodlands, Tex.; announced today that it has been awarded a contract by SK gas, South Korea’s largest importer and distributor of liquefied petroleum gas (LPG), for the license and engineering design of a...
March 14, 2013
Samsung Engineering Co. (Seoul, South Korea; signed a contract, worth $650 million (€498 million), with State Oil Company of Azerbaijan Republic (Socar), Azerbaijan’s...
March 13, 2013
Toyo Engineering Corp. (Toyo; Chiba, Japan; has been awarded a contract with TAIF-NK (Nizhnekamsk, Republic of Tatarstan, Russian Federation) to provide services for detailed engineering and procurement for the petroleum-refinery modernization project in Nizhnekamsk. TAIF-NK belongs to TAIF PSC Group (Republic of Tatarstan...
March 13, 2013
BASF Corp. (Iselin, N.J.; has announced that it will start-up a new multi-million euro fluid catalytic cracking (FCC) catalysts testing and research laboratory at the hte AG (the; facility in Heidelberg, Germany. hte is a wholly owned subsidiary of BASF SE (Ludwigshafen, Germany) and a leading provider of high throughput technology and services for enhancing research and...
March 13, 2013
Davy Process Technology Ltd. (Davy; London, U.K.;, a Johnson Matthey company, and SEKAB (Rotterdam, the Netherlands;, a leading player in the field of the ethanol based chemicals and biofuels, today announced at World Biofuels Markets that they are embarking on a collaboration to develop and market CelluTech, SEKAB’s lignocellulosic-based biorefinery technology...
March 12, 2013
Today, international chemical group Solvay SA (Brussels, Belgium; is announcing an agreement to significantly increase the usage of renewable raw materials (or biobased chemicals) within AkzoNobel (Amsterdam, the Netherlands; formulations of paints and coatings. The first of a kind for AkzoNobel, this partnership strengthens the commitment both companies have to...
March 12, 2013
Toyo Engineering Corp. (Toyo; Chiba, Japan; recently formed a business alliance with Middough Inc. (Cleveland, Ohio;, an engineering company with expertise in pharmaceuticals. The alliance will strengthen business development in bio-pharmaceuticals, which have particularly high market growth potential within pharmaceuticals, a field of focus for the company. Established...
March 12, 2013
Jacobs Engineering Group Inc. (Pasadena, Calif.; was awarded a contract by Jiangsu Sailboat Petrochemical Co. for the design of a sulfuric acid regeneration plant in Lianyungang, Jiangsu, People’s Republic of China. Officials did not...
March 11, 2013
The Linde Group (Munich, Germany;, has acquired the remaining shares of its partner Volker Wessels Stevin Deelnemingen in the OCAP joint venture (Organic CO2 for Assimilation by Plants). With immediate effect, the supplier of industrial gases is thus the sole shareholder. The acquisition enables The Linde Group to reinforce its position in the global energy and environment growth market as...
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