Bookings by members of the German Large Industrial Plant Manufacturer´s Group (AGAB; Frankfurt; www.vdma.org) rose to a record 32.8 billion euros in 2008 compared to 32.4 billion euros in 2007. “Since the beginning of the upturn in 2003, bookings have…
Alstom (Paris, France; www.alstom.com) has been awarded a contract worth around 500 million euros by RWE Power AG to supply two cutting-edge boilers for its Eemshaven power plant in the Netherlands. The new hard coal-fired units will provide clean, reliable…
Siemens Energy (Erlangen, Germany; www.siemens.com/energy) is to acquire a 28% stake in the Italian solar company Archimede Solar Energy S.p.A. (ASE; Massa Martana) and thus expand its competencies for solar thermal power plants. ASE is the sole producer of solar…
DuPont (Wilmington, Del.; www.dupont.com) expects to nearly triple its annual photovoltaic sales to more than $1 billion in 2012 based on strong fundamentals for long-term revenue growth in the photovoltaic (PV) solar energy market, combined with the company’s ability to…
GE Water, a business unit of GE Energy (Atlanta, Georgia; www.ge.com/energy), and the National University of Singapore (NUS; www.nus.edu.sg) announced that they have signed an agreement to establish the NUS-GE Singapore Water Technology Center on the campus of NUS. Together,…
In order to secure supply and meet the growing demand for phosphorus pentoxide, Clariant International Ltd. (Muttenz, Switzerland; www.clariant.com) is establishing a joint venture with two Chinese partners in Kunming in the Chinese province of Yunnan. A state-of-the-art phosphorus pentoxide…
Ineos Technologies Ltd. (Runcorn, U.K.; www.ineostechnologies.com) has licensed its Innovene S Process for the manufacture of high- and medium-density polyethylene (HDPE and MDPE) to China Petrochemical International Company Ltd. for use at Sinopec Wuhan Co. in Wuhan, China. The 300,000…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced today that its Houston-headquartered subsidiary, Foster Wheeler USA Corp. (FWUSA), part of its Global Engineering and Construction Group, has been awarded the full Engineering, Procurement and Construction Management (EPCm) services contract from BP…
F. Hoffmann-La Roche Ltd. (Roche; Basel, Switzerland; www.rochemengonline.com) and Genentech, Inc. (San Francisco, Calif.; www.genentech.com) announced today that they signed a merger agreement under which Roche will acquire the outstanding publicly held interest in Genentech for $95.00 per share in…
Specialty chemical company, Clariant (Muttenz, Switzerland; www.clariant.com), is building a surfactants plant in Zhenjiang, Eastern China to help meet the needs of the country’s growing demand. The new facility is scheduled for production in the middle of 2009. The new…