The S&P index for chemical companies rose 20.9% during 2012, according to data included in the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). By comparison, the wider S&P 500 Index finished the…
Technip (Paris, France; www.technip.com) was awarded by The Mosaic Co. (www.mosaicco.com) the front-end engineering and design (FEED) contract, as well as preparation of the corresponding engineering, procurement and construction (EPC) proposal, for a new ammonia plant under consideration by the…
BASF SE (Ludwigshafen, Germany; www.basf.com) will increase its annual global capacity for manufacturing the chemical intermediate 1,6-hexanediol (HDO) by more than 20% to more than 50,000 ton/yr by 2014. For this purpose, the company will further optimize its production processes,…
Metso Corp. (Helsinki, Finland; www.metso.com) has acquired U.S. software company ExperTune Inc. (Milwaukee, Wisc.). ExperTune's products are widely used as software tools to analyze and monitor the performance of industrial processes and to identify the associated maintenance and…
In over two decades since it entered the market, Endress+Hauser Endress+Hauser (Reinach, Switzerland; www.endress.com), a global leader in instrumentation and process automation solutions, has established itself in Indonesia as a supplier of high-quality measuring instruments and solutions. To strengthen this…
Clariant AG (Muttenz, Switzerland; www.clariant.com) has signed an agreement to divest its textile chemicals, paper specialties and emulsions businesses to SK Capital, a U.S.-based private investment firm with a focus on the specialty materials, chemicals and healthcare sectors. The divestment…
Farewell to CE readers Last month, after almost 12 years with Chemical Engineering, I resigned as this magazine’s Editor in Chief. I have been given an opportunity to work in my husband’s architectural design business, and the benefit of spending…
Note: Deadline for nominations has been extended to March 22. Many of you know of a company — perhaps your own employer — that has recently commercialized an innovative process, product, or other chemical-engineering development. If so, we would like to…
Sustainable Energy Management. By Mirjana Golusin, Stevan Popov and Sinasa Dodic. Elsevier Inc., 225 Wyman Street, Waltham, MA. 02451. Web: elsevier.com. 2013. 436 pages. $79.95. Chemical Process Equipment: Selection and Design, 3rd ed. By James Couper, W. Roy Penney and…
Plant Watch Stamicarbon wins contract for urea plant in China December 6, 2012 — Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it), has been awarded a contract for a new…