Evonik Industries (Essen, Germany; www.evonik.com) is significantly expanding its global isophorone (IP) and isophorone diamine (IPD) capacities by funding an investment of more than €100 million in Shanghai, China. The new production plants will be completed in the first quarter…
The Organization for Economic Co-operation and Development (OECD; Paris; www.oecd.org) released its composite leading indicator (CLI) for September and, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the data signal improvements in growth in most major OECD countries…
Airgas, Inc. (Radnor, Pa.; www.airgas.com) has announced that the Prologis International Centre South in Minooka, Ill. will be the site for its new air-separation unit (ASU) in the Chicago area. Construction of the facility is scheduled to begin in February…
Jacobs Engineering Group Inc. (Pasadena, CAlif.; www.jacobs.com) has received a contract from Honeywell International Inc. (Morristown, N.J.; www.honeywell.com) to provide Integrated Project Management Team (IPMT) services for a new production project in Zhangjiagang City, Jiangsu Province, the People’s Republic of…
Rockwell Automation (Milwaukee, Wis.; www.rockwellautomation.com) has announced that it has agreed to purchase Jacobs Automation, a leader in intelligent-track motion-control technology. Jacobs Automation provides a motion-control solution called the iTRAK System. This technology improves performance across a wide range of…
PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) along with Compagnie Financière Michelin (Michelin) have formed a partnership for the inauguration of a synthetic rubber plant ,which is managed by PT Synthetic Rubber Indonesia (SRI). This partnership is a…
Autodesk, Inc. (Mill Valley, Calif.;www.autodesk.com) has announced its intention to acquire Delcam (Birmingham, U.K.; www.delcam.com), a supplier of advanced software for the manufacturing industry. Autodesk plans to acquire Delcam for £20.75 per share, or approximately £172.5 million. The transaction will be…
KBR, Inc., (Houston; www.kbr.com), a global engineering, construction and services company, announced that it has been awarded a contract by Fertial SpA to conduct a study that will improve safety, reliability and energy efficiency of two Algerian ammonia plants. The…
Stamicarbon B.V. (Sittard, The Netherlands; www.stamicarbon.com) , the Licensing and IP Center of Maire Tecnimont S.p.A, has signed contracts with Samsung Engineering for a urea synthesis plant and a urea granulation plant for The State Oil Company of Azerbaijan Republic…
Eni S.p.A. (Rome; www.eni.com) chemical subsidiary Versalis and Lotte Chemical (Seoul; www.english.lottechem.com) have established a 50:50 joint venture (JV) under the name Lotte Versalis Elastomers Co., Ltd. The new joint venture will be headquartered in Yeosu, South Korea, and will…