CB&I (The Woodlands, Tex.; www.cbi.com) announced it has been awarded a contract valued at approximately $40 million by E. I. du Pont de Nemours and Company (DuPont) to provide engineering, procurement and construction (EPC) for an ethane cracking furnace expansion…
Amyris, Inc. (Emeryville, Calif.; www.amyris.com) and the Government of Queensland, Australia announced the next step their plans to develop a leading industrial biotechnology hub in Southeast Asia. Plans call for developing a new production plant with support from local partners…
The Linde Group (Munich, Germany; www.linde.com) and Sinopec, the biggest integrated refining and chemical company in China, announced that they have established a €145 million joint venture to supply vital industrial gases to local customers from key industries such as…
Earlier this month, Gas Technology Institute (GTI; Des Plaines, Ill.; www.gastechnology.org) and Yangquan Coal Industry Group signed an agreement to jointly develop an Industrial Demonstration Project for the R-GAS gasification process in China. The installation will be located at the…
Umicore N.V. (Brussels, Belgium; www.umicore.com) has reached an agreement to acquire the heavy-duty diesel and stationary catalyst businesses of Haldor Topsoe for an enterprise value of DKK 900 million (approx. EUR 120 million) plus an earn-out. Haldor Topsoe is a…
Chevron Phillips Chemical Co. LP (The Woodlands, Tex.; www.cpchem.com) announced that the two polyethylene (PE) units of its $6-billion petrochemical investment on the U.S. Gulf Coast successfully achieved the major milestone of mechanical completion. The PE units are now undergoing…
Celanese Corp. (Dallas, Tex.; www.celanese.com), a global technology and specialty materials company, and funds managed by Blackstone, one of the world’s leading investment firms, announced a definitive agreement to form a joint venture (JV) that will create a global acetate…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced it has formed a new joint venture (JV) with Linde North America named East Coast Nitrogen (ECN) and will build a new 1,100 ton per day world-scale air separation unit (ASU) and industrial…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) marked the opening of a €45-million ($49 million) paint and coatings manufacturing facility and commercial operation in the Lipetsk region of Russia. The site will provide about 200 total positions and produce about 25…
Evonik (Essen, Germany; www.evonik.com) and Royal DSM (Heerlen, the Netherlands; www.dsm.com) will locate the commercial-scale production facility for their omega-3 fatty acids from natural marine algae for animal nutrition in Blair, Nebraska. DSM Nutritional Products and Evonik Nutrition & Care…