In The News
Oxea launches its first new product
The global chemical company Oxea GmbH (Oberhausen, Germany; www.oxea-chemicals.com) announces the introduction of its first new product, an ester known as 3G8 Ester (triethyleneglycol-di-2-ethylhexanoate). The demand of this ester is steadily increasing in the chemical industry, says the producer. One…
Carbone Lorraine finalizes its 1st acquisition in China
Carbone Lorraine (Paris, France; www.carbonelorraine.com) has finalized its first acquisition in China by purchasing 100% of Xianda, a company specializing in the manufacturing of advanced technology equipment in steel and stainless steel for the chemicals and pharmaceuticals markets. Xianda, which…
Nikkiso/KSB to establish JV for canned motor pumps
Subject to approval of the German cartel office, KSB AG (Frankenthal Germany; www.ksb.com), and the Japanese company Nikkiso Co., Ltd., (Tokyo), will establish a joint-venture (JV) company based in Altenstadt near Frankfurt on 1 July 2008. The partners will each…
GTC Technology wins 20th GT-BTX contract
Pinti Wang, President and CEO of GTC Technology (Houston, Tex.; www.gtchouston.com) today announced that GTC has been awarded its 20th license for its state-of-the-art GT-BTX extractive-distillation technology. This technology will be used by Chinese Petroleum Corp. (CPC; Taiwan) as part…
Foster Wheeler studies CTL feasibility for Sasol
Foster Wheeler Ltd. (Hamilton, Bermuda; www.fwc.com) announced that its South African subsidiary Foster Wheeler South Africa (Pty) Limited, part of its Global Engineering and Construction Group, has been selected by Sasol Technology (Pty) Ltd to perform a pre-feasibility study for…
Lanxess acquires majority share in Petroflex
Specialty chemicals group Lanxess AG (Leverkusen, Germany; www.lanxess.com) has successfully completed the acquisition of an approximate 70 % holding in Petroflex S.A., Latin America’s biggest rubber producer. Lanxess is paying some 200-million euros for the package of shares. The transaction…
Genencor licenses Red/ET Recombineering tech.
Genencor International, Inc., a part of Danisco US Inc., has completed a commercial license agreement for the use of the Red/ET recombination technology from Gene Bridges GmbH (Heidelberg, Germany; www.genebridges.com). Under the terms of the agreement, Gene Bridges has licensed…
Thailand LDPE plant to be controlled by InFusion
Invensys Process Systems (www.ips.invensys.com) has been awarded a multi-million dollar contract by Simon Carves Ltd. to provide an InFusion Enterprise Control System through an engineering, procurement and construction (EPC) contract for PTT Polyethylene Co. Ltd. (PTT PE). Invensys will provide…
Evonik and Sibur review options for cooperation
Evonik Industries AG (Essen, Germany; www.evonik.com) and the Russian JSC Sibur Holding (Moscow) have agreed to start an exclusive feasibility study regarding the possible construction of a facility to produce propylene oxide (PO), together with hydrogen peroxide, for use in…
Lummus Technology awarded heater contract
Lummus Technology (The Woodlands, Tex.), a CB&I company (www.cbi.com), has been awarded a contract valued at approximately $140 million for cracking heaters for a Middle East petrochemical complex. The contract, which is scheduled to be complete in late 2009, consists…