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Displaying 401 - 420 of 1985 stories.
March 24, 2014
The joint venture BASF TOTAL Petrochemicals LLC (Port Arthur, Texas; and www.totalpetrochemicals) today announced the startup of a tenth furnace at its steam cracker facility in Port Arthur, Texas. The additional furnace improves feedstock flexibility, enhances plant reliability and increases annual production capacity of...
March 21, 2014
According to the American Chemistry Council (ACC; Washington, D.C.;, the U.S. Chemical Production Regional Index (U.S. CPRI) grew 0.3% in February. Following flat growth in January due to harsh winter weather, February’s CPRI showed growth in six out of seven regions. There was a modest decline in the Gulf Coast compared to January, but this was offset by gains in other...
March 21, 2014
Oxea GmbH (Oberhausen, Germany; has started basic engineering for a 2-ethylhexanol (2-EH) and a propanol unit at its world-scale production plant in Bay City, Tex. Both units are scheduled to come onstream in late 2016. Key...
March 20, 2014
Air Products (Lehigh Valley, Pa.; has announced it has been awarded a major contract by Samsung Electronics Co. to supply complete bulk specialty-gas and chemical delivery systems in support of its fab in Xi’an, Shaanxi Province, western China. The contract called for the design and construction of a bulk...
March 20, 2014
Addivant (Middlebury, Conn.; has announced the completion of the first phase of capacity expansions at Gulf Stabilizers Industries (GSI), the company’s joint venture in Al Jubaïl...
March 20, 2014
Foster Wheeler AG (Zug, Switzerland; has announced that a subsidiary of its Global Power Group has signed an asset purchase agreement with Siemens Energy, Inc. to acquire the Siemens Environmental Systems and Services business that supplies and services clean air technologies for use in power plants and industrial facilities. Closing of the transaction is subject to customary closing conditions...
March 20, 2014
Chiyoda Corp. (Yokohama, Japan; and CB&I ( have announced the joint venture between Chiyoda International Corp., a U.S.-based wholly owned subsidiary of Chiyoda, and CB&I has been awarded a contract valued at...
March 19, 2014
Lanxess AG (Cologne, Germany; has divested its wholly-owned subsidiary Perlon-Monofil to the Munich-based Serafin Group for an undisclosed amount. The transaction closes with immediate effect. Perlon-Monofil GmbH is a global leader for polyamide (PA) and polyester (PET) monofilament products sold under the brand names Perlon, Atlas and Bayco. The products are designed for...
March 14, 2014
Novo Nordisk A/S (Bagsværd, Denmark; is increasing its drug development capacity by investing 550 million Danish kroner ($100 million) in a new research and development facility in Bagsværd, Denmark. The purification plant will expand the company’s capacity to produce active pharmaceutical...
March 14, 2014
On February 15, 2014, Kreisel GmbH & Co. KG (Krauschwitz, Germany; took over the business of the insolvent Schäffer Verfahrenstechnik GmbH & Co. KG in Thierhaupten near Augsburg. The approximately 30 employees will retain their jobs in the newly founded Schäffer Verfahrenstechnik GmbH. In this way, the planning, design and manufacturing of sophisticated bulk material...
March 14, 2014
Evonik Industries AG (Essen, Germany; has opened its expanded production plant for precipitated silica in Rayong, Thailand. With this investment, Evonik increased its capacity for...
March 14, 2014
Air Liquide Group (Paris, France; has announced three investments in France, supporting various innovation initiatives. The investments total nearly €100 million.   First Air Liquide will extend and modernize its Paris-Saclay research center, near Versailles, which is its main Research & Development center in the world. A single building will house the 350 current...
March 14, 2014
Wholesale trade in chemicals grew 1.4% in the U.S. in January, to $10.8 billion, while inventories fell 1.3% to $12.6 billion, according to the most recent Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.;   As a result of the January rise in...
March 13, 2014
Foster Wheeler AG (Zug, Switzerland; says that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) for a residue upgrading project at S-OIL’s Onsan...
March 13, 2014
KBR (Houston; says that Agrium awarded the company two engineering, procurement and construction (EPC) contracts for a new grassroots urea plant and to...
March 13, 2014
Evonik Industries AG (Essen, Germany; will build the world's first plant for the production of Aquavi Met-Met — a new source of methionine specially developed for shrimp and other crustaceans — in Antwerp, Belgium. Aquavi Met-Met is added to the feed used in aquacultures. The plant is scheduled to commence operation in late 2015. The investment volume is in the lower...
March 13, 2014
Foster Wheeler AG (Zug, Switzerland; has announced that an indirect wholly owned subsidiary has entered into a merger implementation agreement with MDM Engineering Group Ltd. to acquire all of the...$109-million_11585.html
March 13, 2014
Eastman Chemical Co.  (Kingsport, Tenn.; has announced that it has entered into a definitive agreement to acquire Commonwealth Laminating & Coating, Inc. The company, which had 2013 sales revenue of approximately $100 million, is an independent manufacturer and global marketer and distributor of window films and specialty films for automotive...
March 12, 2014
Praxair, Inc. (Danbury, Conn.; has announced that it has strengthened its position in Italy through the acquisition of Messer Italia S.p.A’s liquid carbon dioxide...
March 11, 2014
Unilever PLC (London; has acquired a majority stake in the Qinyuan Group, a leading Chinese water purification business for an undisclosed amount. Qinyuan generated sales approaching €140 million (c. 1.2 billion RMB) for the 12-month period ending 31 December 2013. Unilever CEO Paul Polman said: “We are delighted to be making this strategic investment – a majority stake in Qinyuan...
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