Business & Economics
GEA acquires powder specialist Nu-Con
GEA Group AG (Düsseldorf, Germany; www.geagroup.com) has acquired Nu-Con Ltd. (Auckland, New Zealand), a major global supplier of powder handling components, complete powder handling systems and bulk filling lines. With 167 employees, Nu-Con generated some €27 million in revenues during…
Praxair to supply hydrogen to Hemlock Semiconductor
Praxair, Inc. (Danburz, Conn.; www.praxair.com) has signed a multi-year contract with Hemlock Semiconductor, L.L.C. to supply high-purity hydrogen to Hemlock Semiconductor, L.L.C.’s new $1.2-billion polysilicon manufacturing facility under construction in Clarksville, Tenn. Praxair will build and operate an on-site hydrogen…
Foster Wheeler: Contract for a delayed coker heater in Argentina
A subsidiary of Foster Wheeler AG’s (Zug, Switzerland; www.fwc.com) Global Engineering and Construction Group has been awarded a contract by YPF S.A. for the delayed coker heater for the new delayed coking unit at YPF's Complejo Industrial La Plata in…
Shell and Paques: New JV to push bio-desulphurization technology for oil & gas
Shell Global Solutions (Amsterdam; www.shell.com/globalsolutions) and Paques Holding B.V. (Balk, both the Netherlands; www.paques.nl) have agreed upon the formation of a 50-50 joint venture, Paqell B.V. (www.paqell.com), to focus their efforts on the marketing of biological desulphurization in the oil…
Dow and Ube form JV to manufacture electrolytes for Li-ion batteries
The Dow Chemical Co. (Midland, Mich.; www.dow.com) and Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) have agreed to form a joint venture (JV) to manufacture and market formulated electrolytes for lithium-ion batteries (LIBs) in energy storage applications. The 50-50 JV,…
Axens and Gentas to build catalyst manufacturing plant in Saudi Arabia
Axens (Rueil-Malmaison, France; www.axens.net) and General Technology & Systems Company Ltd. (Gentas) of the Shoaibi Group (www.shoaibigroup.com), announced today they have signed a Letter of Intent to build a world-scale hydroprocessing catalyst production plant in Saudi Arabia. The plant will…
UOP’s MTO technology selected in China to produce chemicals
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that China’s Wison (Nanjing) Clean Energy Company Ltd. has selected UOP technology to convert methanol into building blocks for chemical products at an existing coal chemical complex in China.…
Ube licenses lithium-ion battery technology to ATL
Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) has reached agreement with Amperex Technology Ltd. (ATL; Hong Kong; www.atlbattery.com) to license several Ube-owned patents on lithium-ion rechargeable batteries and electrolytes to ATL. The agreement will serve to strengthen the business relationship between…
Eaton to acquire E. Begerow
Diversified industrial manufacturer Eaton Corporation (Cleveland, Ohio; www.eaton.com) today announced it has agreed to acquire E. Begerow GmbH & Co. KG (Langenlonsheim, Germany; www.begerow.com), a leading system provider for advanced liquid-filtration solutions. E. Begerow develops and produces technologically innovative filter…
Global chemical industry output expected to grow, ACC mid-year report says
Total output for the global chemical industry is expected to grow by 4.8% in 2011, 5.3% in 2012, and 4.7% in 2013, according to forecasts in the mid-year economic report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). In…