Business & Economics
Outotec to acquire all shares in Numcore, an innovator of 3D-imaging measurement technology
Outotec Oyj (Espoo, Finland; www.outotec.com) strengthens its process control technologies by acquiring all shares in Numcore Ltd. (Kuopio, Finland; www.numcore.fi) — a start-up company developing and marketing innovative online process control solutions based on 3D imaging. With a strong focus…
U.S. chemical manufacturer shipments and wholesale activity rose in Jan., ACC says
Shipments of chemicals rose 1.0% in January, following a 0.3% decline in December, according to data from the U.S. Census Bureau that were compiled and analyzed by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). In addition, ACC reported…
Fluor Corp. awarded global EPC agreement with Dow
Fluor Corp. (Irving, Tex.; www.fluor.com) and The Dow Chemical Company (Midland, Mich.; www.dow.com) have signed a strategic global engineering, procurement, construction (EPC) and construction management agreement. The agreement supports Dow’s global capital projects program, which ranges across all Dow products.…
Metso acquires a globe valve technology company in South Korea
Metso Corp. (Helsinki, Finland; www.metso.com) strengthens its offering for customers in oil-and-gas and power industries by acquiring a globe valve technology and service company, Valstone Control Inc. (Valstone; Chungju, South Korea; www.valstone.com). The acquisition enables Metso to expand its offering…
Outotec and Zambia’s Kansanshi Mining sign sulfuric acid technology deal
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract with the Zambia-based mining company Kansanshi Mining Plc. for the design and delivery of a gas cleaning system and a sulfuric acid plant. The Zambian company operates a large copper mine…
Cobalt Technologies demonstrates its pretreatment process for making biobutanol
Cobalt Technologies Mountain View, Calif.; www.cobalttech.com), announced the achievement of major progress toward commercial scale production of n-butanol by successfully demonstrating its biomass pretreatment process. Cobalt, in cooperation with Andritz Group (Graz, Austria; www.andritz.com), tested its dilute acid hydrolysis pretreatment…
Topsøe lands another SNG-plant contract in China
The new coal-to-SNG plant for the Yinan Substitute Natural Gas (SNG) Project will convert locally mined sub-bituminous coal into SNG with the aim of reducing imports of natural gas for power and heat generation. In its first stage of completion,…
Petronas and BASF move ahead with expansion of partnership in Malaysia
Petronas (Kuala Lumpur, Malaysia; www.petronas.com.my) and BASF SE (Ludwigshafen, Germany; www.basf.com) have taken the next steps in the development of the previously announced €1-billion investment that will expand their partnership in Malaysia, involving projects at their existing venture in Kuantan…
Wacker expands polymer site in China
Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding its Chinese polymer activities by investing around €40 million in building two new production facilities at its Nanjing site. Wacker is expanding the site’s existing facilities for vinyl acetate-ethylene copolymer (VAE) dispersions…
Freudenberg Filtration Technologies in India acquires Pyramid Filters
Freudenberg Filtration Technologies India Pvt. Ltd (Pune, India) has signed an agreement to acquire the business of Pyramid Filters Pvt. Ltd., with effect from 1st April, 2012. Freudenberg Filtration Technologies India provides high-efficient industrial and automotive filter elements and systems,…