The composite leading indicator (CLI) for September, released this week by the Organization for Economic Cooperation and Development (OECD), points “more strongly to a slowdown in economic activity in most OECD countries and major nonmember economies,” according to the most…
Praxair Uruguay, a subsidiary of Praxair, Inc. (Danbury, Conn.; www.praxair.com), has signed a 15-year contract to supply oxygen to a new pulp mill complex being built in Punta Pereira, in the department of Colonia, Uruguay. The new facility will be…
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.co.jp) and Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp), Sojitz Corp. (Tokyo; www.sojitz.com), Sumitomo Corp. (Tokyo; www.sumitomocorp.co.jp), entered into an Early Work Agreement covering a portion of the engineering work (basic design, preparation…
Bechtel Corp. (Frederick, Md.; www.bechtel.com) has been selected by Cheniere Energy Partners, L.P. to provide engineering, procurement, and construction services for two new liquefaction trains at the Sabine Pass liquefied natural gas (LNG) terminal in Cameron Parish, Louisiana. The project…
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that Modec, Inc. has commissioned a UOP Separex membrane system for processing natural gas on a new Floating Production, Storage and Offloading (FPSO) vessel. The FPSO is using the…
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.co.jp) has begun installation work of the equipment at the site of the Fukushima Daiichi Nuclear Power Station operated by Tokyo Electric Power Company, Inc. (Tepco; www.tepco.co.jp), to deliver a facility to temporally…
Cristal Global (Jeddah, Saudi Arabia; www.cristalglobal.com), one of the leading vertically integrated titanium-chemicals companies in the world, has announced a “groundbreaking” partnership with Outotec Oyj (Espoo, Finland; www.outotec.com), a leading provider of sustainable minerals and metals processing solutions. The parties…
Lanxess AG (Leverkusen, Germany) is strengthening its portfolio of biocides with the acquisition of Verichem Inc. (Pittsburgh, Pa.). As a result, the German specialty chemicals company will significantly bolster its position in the U.S. material protection market and broaden its…
Sales of chemicals at the wholesale level increased by 7.8% in October, according to data from the U.S. Census Bureau that was discussed in the latest installment of the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Weekly Chemistry and Economic…
Siemens AG (Munich, Germany; www.siemens.com) expands its industrial software portfolio with the acquisition of Vistagy, Inc. (Waltham, Mass.), a leading supplier of specialized engineering software and services with emphasis on designing and manufacturing structures made of advanced composite materials. An…