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

Displaying 481 - 500 of 2237 stories.
February 20, 2013
Air Products’ (Lehigh Valley, Pa.; pursuit and success in developing large air separation unit (ASU) projects in China has been bolstered with the winning of the second-largest ASU onsite order ever awarded to the company for a single project. Air Products announced today the signing of a long-term agreement with Shanxi Lu’An Mining (Group) Co. for Air Products to build...
February 19, 2013
Fluor Corp. (Irving, Tex.; says it has secured a contract for engineering, procurement and construction management (EPCM) services for BASF’s toluene diisocyanate (TDI) Complex project at BASF’s site in Ludwigshafen, Germany. Fluor booked the undisclosed value into backlog in the fourth quarter of 2012. The single-train, 300,000 metric tons-per-year...
February 15, 2013
University of Northern Iowa's ("Modern Marvel" has been licensed for commercialization by Iowa company Marion Mixers (Cedar Rapids, Iowa; Its movement into the market has the potential to reduce U.S. energy consumption by 8.5%, or 338 million bbl/yr of oil equivalent, at an annual cost savings of $31 billion. This patented technology, invented at the UNI...
February 14, 2013
Metrohm AG (Herisau, Switzerland;  and FOSS (Hilleroed, Denmark ;  have entered into a strategic alliance strengthening the two companies’ leading positions in their respective key markets. In this strategic alliance, Metrohm will become the sole global distributor of FOSS NIR (near infrared) instruments for the chemical, petrochemical, pharmaceutical, and...
February 14, 2013
Outotec Oyj (Espoo, Finland; www.outotec) and the mining and metals company First Quantum Minerals Ltd. (FQML) have agreed on the delivery of an additional three grinding mills to FQML's subsidiaries in Zambia to complement Outotec's previous process equipment deliveries. The total value of the new orders is...
February 14, 2013
KBR (Houston; says it was awarded a contract by Samsung Engineering Co. to provide a technology license, basic engineering design package, and supply of proprietary equipment for a 1,200 metric tons...
February 13, 2013
Technip (Paris, France;, in a consortium with Construcciones Industriales Tapia, was awarded by Petróleos Mexicanos (Pemex) through its subsidiary Pemex Refinación, a contract for the revamp of one of the conversion unit of the Ing. Héctor R. Lara Sosa petroleum refinery, located in Cadereyta, Mexico. Technip’s...
February 13, 2013
Solvay S.A. (Brussels, Belgium; says it will invest €75 million to build a new 85,000-ton/yr Highly Dispersible Silica (HDS) plant in Wloclawek, Poland. Combined with a further capacity expansion at its site in Qingdao (China), these two investments will increase Solvay's global highly dispersible silica production capacity by an additional 30%. Located in central Poland, close to key...
February 12, 2013
Metso Corp. (Helsinki, Finland; has opened a new automation service center in Ratchaburi, Thailand. The service center supports Metso’s strategy to grow its Automation business globally and strengthens Metso’s service capabilities in Thailand. Metso has large installed base for process automation products and valves especially in Thai pulp and paper industry, with customers like...
February 12, 2013
Jacobs Engineering Group Inc. (Pasadena, Calif.; was awarded a contract from Saudi Aramco Lubricating Oil Refining Co. (Luberef) to provide project management consulting (PMC) services for an expansion project at its lube oil refinery in Yanbu, Saudi Arabia. Officials did not disclose the contract value, however noted that the overall expansion project cost is...
February 11, 2013
The SensoTech GmbH (Magdeburg–Barleben, Germany; extends its market presence in North America with a new U.S. subsidiary and thereby reinforces significantly its globally networked team of sales and service staff. As a subsidiary of the German SensoTech GmbH, SensoTech Inc., which is located in Wayne, New Jersey, closely works together with already existing sales representatives of...
February 11, 2013
Neste Jacobs Oy (Porvoo, Finland; will deliver engineering, procurement and construction management (EPCM) services to construction of an isomerization unit at Neste Oil Porvoo petroleum refinery. The investment, valued at approximately €65 million, is intended to increase the output of high-octane gasoline and improve refining...
February 7, 2013
Fluor Corp. (Irving, Tex.; says it is currently performing early construction management services for Baxter International Inc.’s (Deerfield, Ill.; new biotechnology facility near Covington...
February 7, 2013
KBR (Houston; says 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...
February 7, 2013
Rotterdam is the second largest chemical and petrochemical basin in Europe. This industry has maintained its momentum, despite the crisis, across Western Europe, with dynamic players demonstrating sustained demand for industrial gases. In this context, AirLiquide (Paris, France; will invest an additional €65 million in the...
February 6, 2013
Today, Wacker Chemie AG (Munich, Germany; officially launched its new production plant for vinyl acetate-ethylene copolymer (VAE) dispersions at its Ulsan site in South Korea. The additional 40,000 metric tons (m.t.) from the second reactor line increases the site’s VAE-dispersion capacity to a total of 90,000 m.t./yr. The production capacity of the site has thus almost doubled...
February 6, 2013
MAN Diesel & Turbo (MDT; Berlin, Germany; is providing the compressor technology for Shell Canada’s Quest Carbon Capture and Storage (CCS) Project, located in Alberta, Canada. Quest will be the world’s first commercial-scale CCS project to tackle carbon emissions in an oil sand operation. Quest will capture more than one million metric tons (m.t.) per year of CO2...
February 6, 2013
Forest BtL Oy (Vantaa, Finland; and Axens (Rueil-Malmaison, France;  have signed a license for the use of Gasel technology suite in the Biomass to Liquid (BtL) plant to be constructed in Ajos, near the city of Kemi, Finland. Ajos BtL is a NER300 supported...
February 6, 2013
An official ceremony took place today with Giovanni Azzone, rector of Politecnico di Milano (, and Fabrizio Di Amato, CEO and chairman of Maire Tecnimont S.p.A. ( for the signature of a framework agreement for a scientific collaboration between Maire Tecnimont Group and Politecnico di Milano University in Breakthrough Innovation, so-called radical innovation. The...
February 5, 2013
Teijin Chemicals Ltd. (Tokyo, Japan;, the core company of the Teijin Group’s resin and plastic processing business, announced an agreement with SK Chemicals, a South Korean chemical producer, on a business collaboration, including the establishment of a joint venture to develop, produce and distribute polyphenylene sulfide (PPS) resins and compounds in July. The joint venture (JV)...
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