Mobile Navigation

Business & Economics

AkzoNobel acquires majority ownership of Japanese joint venture

AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) has agreed to acquire a 75/25 majority interest in its Kayaku Akzo Co. Ltd (KAC) joint venture with Nippon Kayaku. KAC has been a 50/50 joint venture between the two companies for nearly 40 years.…

Dow Corning announces multi-billion dollar investments to emerging global solar-power industry

Dow Corning Corp. (Midland, Mich.; www.dowcorning.com) announced several billion dollars of investment to provide critical materials to the fast-growing solar technology industry. Dow Corning will begin manufacturing high-purity monosilane, a key specialty gas used to manufacture thin-film solar cells and liquid…

Member Exclusive

Evonik & Daimler: Strategic alliance for Li-ion batteries

Evonik Industries AG (Essen; www.evonik.com)  and Daimler AG (Stuttgart, both Germany; www.daimler.com) are developing the energy storage of the future. Based on lithium-ion technology from Evonik and with Daimler expertise, both groups will drive forward the research, development and production…

Member Exclusive

Evonik Industries builds new polymerization unit for methacrylic resins in China

The expansion of worldwide production capacity for thermoplastic methacrylic resins at Evonik Industries AG (Essen, Germany; www.evonik.com) is proceeding according to schedule. At Shanghai Chemical Industry Park in China, the company is currently completing the technical equipment that will be…

Member Exclusive

Ineos Technologies wins first South-American polyolefins license agreement

Ineos Technologies Ltd. (Jersey, U.K.; www.ineostechnologies.com) has signed two Ineos polyethylene (PE) technology licenses with newly formed Polimérica S.A., a joint venture between Pequiven and Braskem. These plants will form part of Polimérica’s cracker and derivatives complex in José, Venezuela. …

Member Exclusive

KBR awarded two contracts from Sasol Technology

KBR (Houston, Tex.; www.kbr.com) has been awarded two contracts by Sasol Technology (Pty) Ltd., to provide, respectively, engineering, procurement and construction management (EPCm) services, and basic engineering services for two of its petrochemical projects in Sasolburg, South Africa. The contracts…

Member Exclusive

Siemens to supply steam turbine for solar thermal power plant in California 

Siemens Energy (Erlangen, Germany; www.siemens.com/energy) has been awarded an order to supply the largest ever fully solar-powered steam turbine-generator set for the first commercial solar-tower power plant project to break ground in the U.S. The purchaser is BrightSource Energy, Inc.,…

Member Exclusive

Essent & Shell take step toward low-CO2 power plant

Arnhem/The Hague, 8 December 2008, Essent Business Development B.V. (Essent) and Shell Gas & Power Developments B.V. (Shell; The Hague; www.shell.com)  agreed to study the feasibility of a 1,000-megawatt, low-CO2 power plant. Most of the CO2 produced by the plant…

Member Exclusive

Messer delivers helium for Siemens

In the coming year, Messer Group GmbH (Sulzbach, Germany; www.messergroup.com) will be delivering helium to Siemens Healthcare in Erlangen, Germany, for use in the production of magnetic resonance imaging equipment. Siemens is one of the leading producers of magnetic resonance…

Member Exclusive

Alstom/PGE Elektrownia Belchatow plan Polish CCS project

Alstom (www.power.alstom.com) and PGE Elektrownia Belchatow S.A. have signed a memorandum of understanding (MoU) for the development and implementation of carbon capture and storage (CCS) technology at the Belchatow power plant in Poland. In a first phase, Alstom will design…