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

Displaying 461 - 480 of 2248 stories.
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...
March 11, 2013
Pöyry Oyj. (Helsinki, Finland; has been awarded an assignment by CMPC Celulose Riograndense for the expansion of the company's Guaiba pulp mill in Rio Grande do Sul state, Brazil. The assignment consists of engineering, procurement and construction management (EPCM) services for the Balance of Plant (BOP) and involves integrating the different processes of the mill. These engineering...
March 11, 2013
Ineos Phenol ( and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today initialled joint venture (JV) agreements for the design, build and future operation of a 1.2-million metric ton (m.t.) cumene, phenol and acetone complex at the Nanjing Chemical Industrial Park in Jiangsu Province, China. It is currently expected that the project will be completed by the end of 2015. The...
March 7, 2013
AkzoNobel's (Amsterdam, The Netherlands; new €90-million Jupiá Chemical Island in Brazil is now operational and has started supplying the Eldorado Brasil Celulose pulp mill, which is the biggest in the world. Operated by the company's Pulp and...
March 7, 2013
The Babcock & Wilcox Co. (B&W; Charlotte, N.C.; announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has reached an agreement with the FutureGen Industrial Alliance to begin initial engineering and preparation for full front-end engineering and design work on the U.S. Dept. of Energy's (DOE) FutureGen 2.0 carbon capture and storage...
March 5, 2013
BASF SE (Ludwigshafen, Germany; and Xinjiang Markor Chemical Industry Co. (Markor; ) plan to establish two joint ventures (JVs) for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF; chemical name: polytetramethylene ether glycol) in Korla, Xinjiang Uygur autonomous region, Northwest China. The JV agreements have already been signed but are subject to further closing...
March 4, 2013
Lanxess AG (Leverkusen, Germany; is strengthening its standing as the world’s leading producer of high-performance rubber. Following a feasibility study, the company has decided to convert production of emulsion styrene butadiene rubber (E-SBR) used in standard tires, to solution styrene butadiene rubber (S-SBR) used in high-performance “green tires” at its site in...
March 1, 2013
Plant Watch KBR to provide technology package for ammonia/urea plant in Indonesia February 7, 2013 — KBR (Houston; has announced that it was selected by PT Pupuk Sriwidjaja Palembang, to provide licensing, engineering services and proprietary equipment for a new 2,000 metric tons (m.t.) per day ammonia and 2,750-m.t./d urea plant located in Palembang, South Sumatra, Indonesia. The plant...
February 28, 2013
Outotec Oyj (Espoo, Finland; has signed an agreement to acquire Scanalyse Holdings Pty Ltd., an Australian-based software technology company with operations in Australia, Brazil, Chile and the U.S. Scanalyse provides services in process equipment condition and performance monitoring. The acquisition strengthens Outotec's specialized maintenance services, supporting life cycle solutions and...
February 28, 2013
Caloric Anlagenbau GmbH (Gräfelfing, Germany; has been awarded a contract for the engineering and manufacturing of a new hydrogen generation plant from a major chemical company in Indonesia once again. The plant will be able to produce 700 Nm³/h of H2 by methanol reforming. A pressure swing adsorption (PSA) unit following the...
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