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Siemens acquires rolling mill specialist Service Guide

Siemens Industry, Inc. (Erlangen, Germany; www.siemens.com/industry) announced it has completed the acquisition of Service Guide, Inc. (Cortland, Ohio), a company that has provided repair and refurbishing services for steel and aluminum mills since 1964. The agreement includes three of the…

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Technip awarded contract for two hydrogen reformers in Venezuela  

Technip (Paris, France; www.technip.com) was awarded by the Hyundai-Wison consortium a significant contract to supply its proprietary technology as well as engineering and procurement services for two hydrogen reformers in Venezuela. These 135-million standard cubic feet per day (151,000 Nm3/h)…

Virent secures DOE award for next-generation biofuel conversion  

Virent (Madison, Wisc.; www.virent.com) announced it has received a federal award of up to $4 million, subject to final contract negotiations with the U.S. Dept. of Energy (DOE; Washington, D.C.; www.energy.gov) , to develop carbon conversion efficiency of biomass to…

Current Economic Trends: April preliminary CEPCI

Preliminary data for the April  2013 CE Plant Cost Index (CEPCI; the most recent available) indicate that the composite index increased by 0.2% compared to the final March value, reversing three consecutive decreases in the months prior. The higher numbers…

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Metso finalizes order agreement with CMPC Celulose Riograndense  

Metso Corp. (Helsinki, Finland; www.metso) and CMPC Celulose Riograndense S.A. (CMPC) have finalized the agreement, according to which Metso will supply the key technology to CMPC's Guaíba II pulp line in Brazil. The total value of the project is around…

U.S. economy slated for slow growth into late 2013, ACC CAB indicates

The U.S. economy remains in a state of moderately slow growth despite recent activity in the equity markets, and the signals indicate that slow growth will continue into late 2013, according to the June Chemical Activity Barometer (CAB) from the…

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Novosymes acquires TJ Technologies

Novozymes (Copenhagen, Denmark; www.novozymes.com), has signed a definitive agreement to acquire TJ Technologies Inc. (Watertown, S.D.; www.tjtechnologiesinc.com). With annual revenue close to $15 million, TJ Technologies provides North American farmers with biological solutions designed to enhance plant growth, increase stress…

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Enefit Outotec Technology commissions a shale-oil pilot plant in Frankfurt  

Enefit Outotec Technology (EOT; Frankfurt, Germany; www.enefit.com/eot), a joint venture (JV) of Estonia's energy group Enefit and Outotec Oyj (Espoo, Finland; www.outotec.com),a global leader in providing minerals and metals processing technology, has brought a pilot plant based on Enefit solid…

Neste Jacobs awarded contract by Borouge for EPMC Services

Neste Jacobs (Porvoo, Finland, www.nestejacobs.com) and Abu Dhabi based Borouge have signed a long-term contract where Neste Jacobs provides engineering, project management and consultancy (EPMC) Services to Borouge. Under the contract, Neste Jacobs will deliver Borouge specialized services such as…

Alcoa to build new R&D facility in France

Alcoa Inc. (Pittsburgh, Pa., www.alcoa.com) the world’s third largest supplier of aluminum, is funneling major investment in France as it builds three new Kawneer facilities in Vendargues, just outside Montpellier. Kawneer manufactures architectural aluminum for the commercial construction industry and is…