AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) says it intends to invest a further €65 million in China. The investment will be used to boost capacity and significantly improve operational excellence at AkzoNobel's Surface Chemistry manufacturing sites in Boxing and Ningbo. More…
Royal DSM (www.dsm.com), the global Life Sciences and Materials Sciences company, today announces that it has acquired SolarExcel B.V. (Venray, the Netherlands). SolarExcel has developed a proprietary light-trapping technology that can significantly increase the efficiency of solar panels. With the…
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, has been selected to provide technology to produce propylene in China. Fujian Meide Petrochemical Co. will use Honeywell’s UOP C3 Oleflex process technology to convert propane to propylene, a key ingredient in…
Primozone Production AB (Löddeköpinge, Sweden; www.primozone.com) and Ozone Water Systems, Inc. (OWS; Phoenix, Ariz.; www.ozonewatersystems.com), announced today that they have entered into a strategic partnership agreement for the U.S. Under the terms of the agreement, Ozone Water Systems, a leading…
The composite leading indicator (CLI) for January 2013, the most recent available, released by the Organization for Economic Cooperation and Development (OECD; Paris, France; www.oecd.org) showed a divergent growth pattern in the world’s major economies, according to the latest Weekly…
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) has been awarded a contract to construct a synthetic resin (ethylene-vinyl alcohol copolymer, EVOH) production plant with a capacity of 15,000 ton/yr in La Porte, Houston, planned by the Nippon Synthetic Chemical Industry…
CB&I (The Woodlands, Tex.; www.cbi.com) announced today that it has been awarded a contract by SK gas, South Korea’s largest importer and distributor of liquefied petroleum gas (LPG), for the license and engineering design of a grassroots propane dehydrogenation (PDH)…
Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.co.kr) signed a contract, worth $650 million (€498 million), with State Oil Company of Azerbaijan Republic (Socar), Azerbaijan’s state-owned company, for the Socar Ammonia and Urea Complex project. Socar CEO Rovnag Abdullayev and Samsung…
Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) has established a joint venture (JV) with Lotte Chemical Corp. (Seoul, South Korea), Lotte Chemical Titan Holding Sdn. Bhd. (Kuala Lumpur, Malaysia), and Mitsubishi Corp. (Tokyo, Japan) to manufacture and market butadiene rubber…
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) has been awarded a contract with TAIF-NK (Nizhnekamsk, Republic of Tatarstan, Russian Federation) to provide services for detailed engineering and procurement for the petroleum-refinery modernization project in Nizhnekamsk. TAIF-NK belongs to TAIF PSC…