Business & Economics
Global chemical output expected to rise 7.2% in 2010, ACC says
Global chemical output is expected to grow 7.2% in 2010, the American Chemistry Council (Arlington, Va.; www.americanchemistry.com) says in its just released 2nd Quarter 2010 Situation & Outlook report. The anticipated 2010 gain will be followed by a more moderate 5.0%…
KBR: Grassroots ammonia plant in Argentina
KBR, Inc. (Houston; www.kbr.com) has been awarded a contract by Tierra Del Fuego Power & Chemical Co., Ltd. to provide licensing and process design for a grassroots ammonia plant in Tierra Del Fuego, Argentina. KBR will license its conventional ammonia…
Praxair China signs agreement with Evergreen Solar
Praxair (China) Investment Co. (Shanghai; www.praxair.cn) has signed a multi-year agreement with Evergreen Solar Energy China Co. to supply bulk industrial gases for its solar wafer manufacturing facility in Wuhan, China. Evergreen Solar develops, manufactures and markets solar-power products based…
Foster Wheeler: Three CFB steam generators for China
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Power Group has been awarded a contract by Sinopec Wuhan Co. for the design and supply of three circulating fluidized-bed (CFB) steam generators for the Sinopec Wuhan…
Foster Wheeler: New refinery in Turkey
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says a subsidiary of its Global Engineering and Construction Group has been awarded contracts by SOCAR & TURCAS Rafineri A.S. (STRAS) for its planned grassroots refinery to be built within the Petkim Petrokimya A.S.…
AkzoNobel to divest National Starch business for $1.3 billion
Akzo Nobel N.V. (Amsteredam, the Netherlands; www.akzonobel.com) today announced the sale of its National Starch business to Corn Products International (Westchester, Ill.). The company will receive $1.3 billion in cash and the buyer will assume certain pension and employee benefit liabilities.…
Chemical production down in May, but industrial output surges
Overall production in the chemical industries fell by 0.9% in May, following a 0.4% gain in April, but wider industrial production surged ahead by a greater-than-expected 1.2% in May, the American Chemistry Council (ACC; Arlington, Va.; www.americanchemistry.com) Weekly Chemistry and…
RWE Power awards licence to build FB drying plants for lignite to Linde subsidiary
RWE Power (Cologne, Germany; www.rwe.com) and Linde-KCA-Dresden GmbH (www.linde-kca.com), a subsidiary of The Linde Group (Munich, Germany; www.linde.com), have signed a framework agreement on the use of technology developed by RWE Power for drying lignite. This turns Linde-KCA-Dresden into a provider…
BASF & RTI to develop new carbon capture technology
BASF SE (Ludwigshafen, Germany; www.basf.com) and RTI International (Research Triangle Park, N.C.; www.rti.org), are joining forces to develop a new, exceptionally cost-effective technology to capture carbon dioxide from waste gases emitted by coal-fired power plants and other industrial sources. The…
BMS invests in integrated production network
Bayer MaterialScience (BMS; Leverkusen, Germany; www.bayermaterialscience.com) will continue in the future to network its activities in North Rhine-Westphalia (NRW) at the Leverkusen, Dormagen and Krefeld-Uerdingen Chemparks. This task transfers as of July 1, 2010, to the Bayer subgroup’s newly established NRW…