A.W. Chesterton Co. (Woburn, Mass.; www.chesterton.com) announced the acquisition of Ceramic Polymer GmbH (Roedinghausen, Germany). The company manufactures industrial coatings that are specialized in protecting metal and concrete materials in large industrial structures, such as storage tanks, offshore and onshore structures, pipelines, and…
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) and Daelim Industrial (Seoul, South Korea) have signed a technology license agreement granting Lubrizol the right to use Daelim technology for the manufacture of polyisobutylenes (PIBs). Daelim is a leading provider of high-quality petrochemical…
ABB (Zurich, Switzerland; www.abb.com) has acquired the remaining shares of CGM AB to become its sole shareholder. Sweden-based CGM provides modern control-room design and ergonomic solutions for maximum control-room operator effectiveness. The acquisition complements ABB’s portfolio with the latest technology…
Borouge, an Abu Dhabi-based provider of plastics solutions has selected Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) as a Front End Engineering and Design (FEED) service contractor for its polyethylene (PE) plant modification project, located in Ruwais industrial area, United Arab…
The preliminary value for the June 2015 CE Plant Cost Index (CEPCI; the most recent available) continued the trend of small monthly declines since the beginning of the year. The June CEPCI is 3.1% lower than the corresponding value from…
Black & Veatch (Overland Park, Kan.; www.bv.com), a global engineering, procurement and construction (EPC) company providing energy, water, and telecommunications solutions, announced the creation of its new local entity, Black & Veatch South Africa. Headquartered in Johannesburg, the new local…
Directors and staff from BOC and Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) joined key contractors at a ceremony at Eastman’s site at Newport in South Wales to mark the official opening of a hydrogen plant. BOC, a member of The…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that YPF S.A. and Grupo Inversor Petroquimica S.L. have accepted an offer to purchase LyondellBasell's Argentina-based, wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroken). The sale is expected to close in late 2015 following Brazilian…
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Yara Suomi Oy on the design and delivery of a paste plant for tailings treatment. The contract, valued at over €40 million, has been booked in Outotec's third-quarter order intake. Outotec's EPC…
Meredian Holdings Group Inc. (MHG; Bainbridge, Ga.; www.MHGBio.com) announced that the company has become the world’s largest producer of polyhydroxyalkanoates (PHA) with the startup of their first commercial-scale fermenter in Bainbridge, Ga. MHG has been working over the last couple…