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March 15, 2008
Despite challenges created by a building frenzy in the Middle East and Asia, E&C firms continue to deliver new chemical facilities around the world Anyone with an ear to the door of the chemical process industries (CPI) knows that the rising cost of raw materials is forcing processors to chase the cheap feedstocks. The relatively low price of oil and natural gas is making plant investments in the...
December 17, 2007
The Siemens Industrial Solutions and Services Group (I&S; Erlangen, Germany; www.siemens.com/cement) has received an order from Orascom Construction Industries (OCI; Cairo, Egypt), to engineer and supply all the electrical equipment for the new cement works of the Al Safwa Cement Co., Saudi-Arabia. The project is worth around 20-million euros and is scheduled for completion in Fall 2009. OCI is a...
October 31, 2007
“This is the first time since the early 1970s there have been four strong years in a row; every piston of the economic engine was running,” says Dr. Thomas K. Swift, chief economist for the American Chemistry Council “We have just come off of four years (2003–2006) of very strong global economic growth,” says Dr. Thomas K. Swift, chief economist and managing director...
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