Last month, Altor Fund II (Altor; www.altor.com) signed an agreement to divest Piab AB (Täby, Sweden; www.piab.com) to EQT Fund VII (EQT). Altor acquired Piab together with Peter and Jacob Tell from several other members of the Tell family…
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) has delivered licensed process technology, basic engineering, catalysts and services for the first greenfield methanol plant in the U.S. in many years. Located in Clear Lake, Texas, the plant is a 50/50 joint venture…
Axens (Rueil-Malmaison, France; www.axens.net) has been selected for the modernization project of the Heydar Aliyev Oil Refinery that will enable the refinery, located at Baku, to increase its annual processing capacity, from 6.0 to 7.5 million ton/yr, and produce…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has received a contract from Asian Paints Limited (APL) to provide engineering services for a greenfield paint plant in India. Under the terms of the contract, Jacobs is providing detailed engineering and…
BASF SE (Ludwigshafen, Germany; www.basf.com) is expanding the compounding capacities for engineering plastics in Europe. Presumably from 2017 it will be possible to additionally produce up to 70,000 metric tons per year (m.t./yr) of Ultramid (PA: polyamide) and Ultradur (PBT:…
SNC-Lavalin (Montreal, Canada; www.snclavalin.com) has been awarded a contract by Qatargas for a water-recycling facility at its Laffan Refinery 2 plant in Ras Laffan Industrial City, Qatar. SNC-Lavalin is providing engineering, procurement, supply, construction and commissioning services for the recycling…
JGC Corp. (Yokohama, Japan; www.jgc.com), in partnership with its subsidiary JGC Indonesia, and PT. Encona Inti Industri of Indonesia, it has received an order for engineering, procurement, and construction (EPC) work for the upgrading of the Cilacap Refinery, located in…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) is expanding production capacity for Akulon XS at its facility in Emmen, the Netherlands. The capacity increase is scheduled for completion in the first quarter of 2016. It will meet the strong-growing demand…
ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has won a contract from Yamama Saudi Cement Co., one of Saudi Arabia’s biggest cement producers, to build two turnkey cement clinker production lines. The two lines with an overall capacity of 20,000…
Atlas Copco (Stockholm, Sweden; www.atlascopco.com) will take over the vacuum division of OC Oerlikon Corporation AG (Pfäffikon, Switzerland), with its over over 1,600 employees worldwide. The 486-million-euro transaction intention has been signed, thereby strengthening the Group’s vacuum solutions with…