Business & Economics
Boehringer to sell Resomer business to Evonik
On 22 December, 2010, Evonik Industries AG (Essen; www.evonik.com) and Boehringer Ingelheim Pharma GmbH & Co. KG (Ingelheim, both Germany; www.boehringer-ingelheim.com signed an agreement on the sale of the Resomer business to Evonik. The completion of the transaction is subject…
CLIs point to accelerating economies in several countries, ACC says
Citing late-2010 data from the Organization for Economic Cooperation and Development (OECD; Paris; www.oecd.org), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) says in its latest Weekly Chemistry and Economic Trends report that composite leading indicators (CLIs) for several of…
Pöyry: Engineering contract for pulp mill in Brazil
Pöyry Plc's(Helsinki, Finland; www.poyry.com) Industry Business Group has been awarded a basic and detailed engineering contract by Eldorado Celulose e Papel Ltda for the Balance of Plant(BOP) of the 1.5 million ton/yr bleached eucalyptus market pulp mill to be built…
Linde & Air Products form HCl JV
Linde Gas North America (Murray Hill, N.J.; www.lindeus.com) and Air Products (Lehigh Valley, Pa.; www.airproducts.com) have formed Hydrochlor, a 50-50 joint venture (JV) to supply high-purity anhydrous hydrochloric acid to the electronics and other industries. As part of the agreement,…
Lanxess: First acquisition in Argentina
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is expanding its activities in Latin America. The specialty chemicals company’s wholly-owned subsidiary Rhein Chemie (Mannheim, Germany) has acquired Argentina-based Darmex S.A. (Buenos Aires) — a leading manufacturer of release agents and curing bladders for…
Bühler acquires Draiswerke, Inc.
The Bühler Technology Group (Uzwil, Switzerland; www.buhlergroup.com) has acquired Draiswerke, Inc. (Mahwah, N. J.) and is thus strengthening its position in the North American market. Draiswerke, Inc., which generated sales of about $5 million in 2010, will be integrated in…
Evonik and GACL: MoU on HPPO project in India
Evonik Industries AG (Essen, Germany; www.evonik.com) and the Indian chemical company Gujarat Alkalies and Chemicals Limited (GACL) are driving forward plans for a new multi-million-euro project. At its heart is the construction of a new hydrogen peroxide production plant by…
SNC-Lavalin acquires engineering firm in Columbia
SNC-Lavalin Inc. (Montreal; Canada; www.snclavalin.com) has acquired Itansuca Proyectos de Ingenieria S.A., an engineering firm of 1,000 professionals and administrative staff in the energy sector based in Bogota, Colombia. Since 1989, Itansuca has been offering energy consulting, project management, electromechanical…
Samsung Engineering wins EPC contract for Dow/Mitsui chlor-alkali plant in Freeport
Samsung Engineering (Seoul, Korea; www.samsungengineering.co.kr) has signed a $411-million contract for a chlor-alkali plant with Dow-Mitsui Chlor-Alkali LLC, a joint-venture comprised of The Dow Chemical Co. (Midland, Mich.; www.dow.com) and Mitsui & Co., Ltd. (Tokyo, Japan; www.mitsui.co.jp/en). The chlor-alkali plant…
Siemens to supply I&C system, turbines for Ivanpah project
Siemens Energy (Orlando, Fla.; www.siemens.com/energy) has received an order for the supply of an SPPA-T3000 instrumentation & controls (I&C) system and two steam turbine-generators for the Ivanpah solar-thermal power plant located in the Mojave desert in California. The purchaser is…