Mobile Navigation

Business & Economics

Member Exclusive

Linde to construct two ASUs for Tata Steel  

The Linde Group (Munich, Germany; www.linde.com) will be constructing two major air separation units (ASUs) at the Kalinganagar industrial complex in Odisha, India, for one of the world's largest steel manufacturers, Tata Steel Ltd. Linde will be investing €80 million…

New Web tool charts renewable technology costs

A new Web application collects cost and performance estimates for electric generation, advanced vehicles, and renewable fuel technologies and makes them available for utilities, policy makers, consumers, and academics. The Transparent Cost Database (TCDB; available at openEI.org) app provides technology…

Member Exclusive

Foster Wheeler awarded EPCm contract for EPAX’s fish-oil facility at Seal Sands  

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by EPAX Pharma UK Ltd., the U.K. subsidiary of Trygg Pharma AS, based in Norway, for the…

OECD composite leading indicator points to slowing economy, ACC says

Along with other economic data, the composite leading indicator (CLI) for May among the Organization for Economic Cooperation and Development (OECD) countries signals an easing of economic activity in most major OECD countries, and a more marked slowdown in most…

ADT Commercial Security is now Tyco Integrated Security

Tyco International Ltd. (Schaffhausen, Switzerland; www.tyco.com) has announced that its ADT North America Commercial Security business unit has officially been renamed to Tyco Integrated Security. This name change reflects the company’s exclusive focus and commitment to providing security solutions to…

Member Exclusive

Praxair China starts up new ASU for Meishan Steel  

Praxair China (Shanghai; www.praxair.cn) has started up a new air separation plant in Nanjing, Jiangsu province for Meishan Iron and Steel Co., Ltd., a subsidiary of Baosteel Group, one of the world’s top steel makers. This new air separation plant…

Member Exclusive

Fluor secures Sasol’s tar-separator-replacement project in South Africa  

Fluor Corp. (Irving, Tex.; www.fluor.com) has begun work on a new project for Sasol Technology Pty. Ltd. (Johannesburg, South Africa) for its Tar Separator Project. The new contract is for engineering, procurement and construction management (EPCM) services for the replacement…

Member Exclusive

Outotec awarded several orders for copper and molybdenum projects in Iran  

Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded multiple orders, worth a total of €265 million, for technology deliveries to National Iranian Copper Industries Co.'s (NICICO) copper and molybdenum projects in Iran. Approximately €58 million of these contracts will be…

Member Exclusive

Pöyry awarded detailed engineering for the iron-ore-beneficiation plant expansion in Brazil  

Pöyry Oyj’s (Vantaa, Finland; www.poyry.com) Industry business group has been awarded a services assignment by Companhia Siderurgica Nacional S.A. (CSN) for detailed engineering to finalize the iron ore beneficiation plant expansion at Casa de Pedra Mine in the state of…

Overall U.S. chemical employment up slightly for June, but production workers down, ACC says

Employment in the U.S. chemical industry was 0.1% higher (up by 900 jobs) in June compared to the previous month, driven by a gain in non-production worker employment, according to economic data from the U.S. Bureau of Labor Statistics that…