Business & Economics
Solvay acquires a Bulgarian fluorspar mine
Solvay SA (Brussels, Belgium; www.solvay.com) has acquired a fluorspar mine in Chiprovtsi, Bulgaria from the N&N Group. This strategic acquisition reinforces the vertical integration of Solvay’s high added-value fluorinated specialty polymers and fluorinated special chemicals production at a competitive cost.…
New website with tools for seal/gasket selection
The Flexitallic Group (Flexitallic; Houston) has launched its new website www.flexitallic.com. The company specializes in the design, manufacturing and global distribution of high performance industrial sealing products that operate in process industries including oil, power, petrochemical, chemical, pharmaceutical and nuclear…
Myriant/DPT: Renewable, bio-based butanediol
Myriant Technologies (Quincy, Mass.; www.myriant.com) and Davy Process Technology (DPT; London; www.davyprotech.com), a Johnson Matthey company, have signed a Memorandum of Understanding (MoU) covering the use of succinic acid as a bio-derived feedstock for the production of butanediol, tetrahydrofuran and gamma-butyrolactone.…
Outotec: Oil-shale preparation plant in Estonia
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Eesti Energia, the leading oil shale-to-energy company in the world, to design and deliver a new oil-shale preparation plant to be built in Narva, Estonia. The contract value exceeds €20 million. Outotec…
Prices for chemicals up in January, ACC report says
Overall prices for chemicals rose 1.8% in January, according to an analysis of data from the U.S. Bureau of Labor Statistics that was included in the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) latest Weekly Chemistry and Economic Report. The…
Siemens: Major investment in Saudi Arabia
Siemens AG (Munich, Germany; www.siemens.com) has revealed plans to establish a manufacturing and service facility in the Kingdom of Saudi Arabia. The manufacturing facility will include the local production of gas turbines and rotating equipment, a repair workshop and service…
Outotec acquires phosphorus-recycling technology
Outotec Oyj (Espoo, Finland; www.outotec.com) has strengthened its portfolio of environmental technologies by acquiring the technologies, trademarks and patents of ASH DEC Umwelt AG (Vienna, Austria). The Austrian company has developed a process to extract recycled phosphorus fertilizer from ash,…
Clariant plans acquisition of Süd-Chemie AG
Clariant AG (Muttenz, Switzerland; www.clariant.com) is planning to acquire the controlling majority in Süd-Chemie AG. As part of the planned transaction, still subject to clearance by competent merger control authorities, Clariant has come to agreements with the majority shareholder One…
Nanostart invests in cleantech company MINT
Nanostart AG (Frankfurt, Germany; www.nanostart.de) has taken an investment position in Membrane Instruments and Technology Pte Ltd. (MINT; Singapore: www.mintmembranes.com). MINT, founded in 2009 as a spin-off from the country’s renowned Nanyang Technological University, is a producer of next-generation technology…
ABB wins mining order in Chile
ABB (Zurich, Switzerland; www.abb.com) has won an order worth $47 million from Corporacion Nacional del Cobre de Chile (Codelco), the world’s biggest copper producer, to provide gearless mill drives and electrical systems to increase productivity and lower energy consumption at…