DuPont (Wilmington, Del.; www.dupont.com) has entered into a definitive agreement for the acquisition of Danisco, a global enzyme and specialty food ingredients company, for $5.8 billion in cash and assumption of $500 million of Danisco’s net debt. Upon closing, this…
The Standard & Poors Chemicals Index was up 19.1% from the beginning of 2010, compared to 12.9% growth in the S&P 500 Index, reports the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). In December 2010 alone, the S&P index for…
WorleyParsons (North Sydney, Australia; www.worleyparsons.com) has signed a Master Service Agreement (MSA) with MEG Energy Corp. (Calgary, Alberta; www.megenergy.com) supporting the MEG Energy Christina Lake SAGD (steam-assisted gravity drainage) Facility. WorleyParsons’ scope of work will include engineering and procurement services…
JGC Corp. Yokohama, Japan; www.jgc.co.jp) has received Award Notification to build the gas processing facilities for the Barzan Onshore Project in Qatar. The Barzan Project is managed by RasGas Co., which is a Qatari company owned by Qatar Petroleum (70%)…
After 35 years of collaboration with RWE regarding the High-Temperature Winkler (HTW) process, Uhde GmbH (Dortmund, Germany; www.uhde.eu) has now taken over the technology developed by RWE Power and its predecessors, thus making Uhde the sole proprietor of the HTW…
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 acquired the Italian engineering company Noy Engineering from Tecnimont. The agreement has become effective on January 1, 2011. With this acquisition…
ABB (Houston; www.abb.com) has successfully completed Shanghai Institute of Measurement and Test Technology (SIMT) approval of its large flow-calibration rig at its instrumentation factory in Shanghai, China. SIMT is accepted by key international standards bodies as a mutually recognized calibration…
Axens North America Inc. (Princeton, N.J.; www.axens.net) today announced an agreement to purchase the catalytic reforming catalyst business of Criterion Catalysts & Technology LP (Houston, Tex.; www.criterioncatalysts.com). Under the deal, Axens will acquire Criterion's Willow Island, West Virginia manufacturing plant,…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Power Group signed a contract with Shanghai Boiler Works, Ltd. for cooperation in the design of two pulverized coal (PC) steam generators for the Vinh Tan II…
Praxair China (Shanghai; www.praxair.cn) has successfully commercialized Praxair Dilute Oxygen Combustion (DOC) technology at two copper smelting furnaces of Jinchuan Group Ltd. (JNMC) in Jinchang city, Gansu province of northwest China. The Praxair DOC technology is expected to help JNMC…