Mobile Navigation

Business & Economics

Member Exclusive

AkzoNobel to divest its North American Decorative Paints business  

AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) today announced the divestment of its North American Decorative Paints business to PPG Industries, Inc. (PPG; Pittsburgh, Pa.; www.ppg.com), for the value of $1.05 billion. In 2011, the North American Decorative Paints business had revenues…

Trade surpluses projected for U.S. chemicals, ACC says

The trade surplus of U.S. chemicals will expand to $2.4 billion in 2013 and to $3.3 billion in 2014, according to projections in the 2012 Year-End Situation and Outlook report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “Renewed…

Member Exclusive

KBR awarded ammonia-technology license agreement by Indorama  

KBR (Houston; www.kbr.com) announced today that Indorama Eleme Fertilizer & Chemicals Ltd. (“Indorama”) has selected KBR to provide ammonia technology for its planned grassroots ammonia plant in Port Harcourt, Nigeria. KBR will license its ammonia technology to Indorama to operate…

Member Exclusive

Outotec gets marketing rights for Ausmelt TSL zinc fuming technology  

Outotec Oyj (Espoo, Finland; www.outotec.com) has received the global marketing rights for the Ausmelt Top Submerged Lance (TSL) technology for the fuming of zinc bearing residues from Korea Zinc Co. Prior to the Outotec acquisition of Ausmelt Ltd. in 2010,…

Member Exclusive

CP Kelco announces CMC capacity expansion plans  

CP Kelco (Atlanta, Ga.; www.cpkelco.com), a world-leading carboxymethyl cellulose (CMC) producer, today announces plans to increase capacity at its production facility in Äänekoski, Finland. CP Kelco will be expanding purified CMC capacity up to 25% at this facility over the next…

ECHA regulatory review contradicts U.S. classification on formaldehyde

Normal 0 According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the European Chemicals Agency (ECHA; Helsinki, Finland; echa.europa.eu) Committee for Risk Assessment (RAC) announced on December 7, 2012, that it disagreed with a request to classify formaldehyde as…

U.S. specialty chemical sales volume declines in October, ACC says

0 0 1 209 1195 Access Intelligence 9 2 1402 14.0 Normal 0 false false false EN-US JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:Cambria;…

Member Exclusive

Stamicarbon wins licensing and supply contracts for urea plant in China  

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 two contracts for a new urea plant with Inner Mongolia Erdos Chemical Industry Group Co. in the People’s Republic…

Member Exclusive

AMEC awarded PMC contract for a new refinery in Kuwait  

AMEC (London, U.K.; www.amec.com) has been awarded a $528 million (£330 million) Project Management Consultancy (PMC) contract by the Kuwait National Petroleum Co. (KNPC) for a new petroleum refinery at Al Zour, Kuwait. When completed in 2018, the multi-billion dollar…

Member Exclusive

Tecnimont lands LDPE contract in Mexico  

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) says that its main subsidiary Tecnimont S.p.A. (Rome, Italy) has been awarded by Etileno XXI Services B.V., an engineering and procurement contract on lump-sum basis for the realization of a 300,000-ton/yr low-density polyethylene (LDPE)…