Mobile Navigation

Business & Economics

Member Exclusive

Outotec opens office in Denver  

Outotec Oyj (Espoo, Finland; www.outotec.com), a global minerals and metals processing service and technology provider, has openedf its Western U.S. office in Denver, Colorado. Outotec's Canada based North America Market Area president, Marcus Horn, oversees the facilities now located in…

Sale of Ashland Water Technologies finalized, new name will be Solenis

Ashland Inc. (Covington, Ky.; www.ashland.com) finalized the sale of its water technologies business, Ashland Water Technologies. Going forward, Ashland Water Technologies will operate under the new name Solenis (Wilmington, Del.; www.solenis.com). The name change coincides with the acquisition of Ashland…

Calendar: September – November

NORTH AMERICA 5th Biobased Chemicals Conference: Commercialization & Partnering. Global Tech Community (Monrovia, Calif.). Phone: 626-256-6405; Web: gtcbio.com San Francisco, Calif. Sept. 18–19   43rd Turbomachinery and 30th Pump Users’ Symposia. Texas A&M University (College Station, Tex.). Phone: 979-845-7417; Web:…

Air Products names Seifi Ghasemi chairman, president and CEO…

Baumann Ghasemi Guy Quinn Blackburn Gerhard Baumann becomes managing director for Brookfield GmbH (Lorch, Baden-Wuerttemberg, Germany), a maker of laboratory instrumentation.   Specialty gas company Air Products (Lehigh Valley, Pa.) appoints Seifi Ghasemi chairman, president and CEO, succeeding John McGlade,…

Solvay to sell its Eco Services business for $890 million

Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a binding agreement to sell its sulfuric acid virgin production and regeneration business Eco Services to affiliates of CCMP Capital Advisors, LLC.   “The divestment of Eco Services is another step in Solvay’s…

Showa Denko to acquire high-purity chlorine business from Air Products

Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) has decided to acquire a high-purity chlorine business in Taiwan, in order to strengthen its special-material gas business. Taiwan Showa Chemicals Manufacturing Co. (TSCM), a subsidiary of SDK, has come to a general…

Mitsubishi Rayon to acquire majority of carbon-fiber parts specialist Wethje Holding

Mitsubishi Rayon Co. (MRC; Tokyo, Japan; www.mrc.co.jp) has executed a share sales and purchase agreement by which MRC will acquire 51% of Wethje Holding GmbH, a German company engaged in manufacturing of carbon-fiber reinforced plastic (CFRP) parts for automobile applications,…

ABB to collaborate with RAE on commercialization of algae-based products

ABB (Zurich, Switzerland; www.abb.com) has announced that it is collaborating with Renewable Algal Energy, LLC (RAE; Johnson City, Tenn.; www.rae-energy.com) on the commercialization of integrated algal production systems that will produce algae‐based products for the nutraceutical, animal nutrition, and renewable…

Member Exclusive

Aveva launches a new application for governing asset information  

Aveva (Cambridge, U.K.; www.aveva.com) has launched AVEVA Information Standards Manager (AVEVA ISM), a software product that enables both EPC (engineering, procurement, construction) contractors and asset owner operators to achieve greater control over critical engineering information across their projects and enterprises. It…

AkzoNobel and Seris to collaborate on solar cell technology

AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has partnered with the Solar Energy Research Institute of Singapore (Seris) at the National University of Singapore in order to explore less costly ways of producing high-efficiency silicon-wafer solar cells. AkzoNobel's High Purity Metalorganics (HPMO)…