Today BASF SE (Ludwigshafen, Germany; www.basf.com) and Russia’s OAO Gazprom (www.gazprom.com) officially launched natural gas production at the joint venture ZAO Achimgaz in Siberia. The German-Russian joint venture produces natural gas and condensate from the Achimov Formation, from which it…
To illustrate the advantages of its project management solutions, Satyam Computer Services Ltd., (www.satyam.com), a consulting and information technology company, is drawing attention to Rain CII Carbon (Gramercy, La.; www.ciicarbon.com), a leading global producer of calcined petroleum coke, which recently reduced…
Edwards (Crawley, U.K.; www.edwardsvacuum.com) today announced one of the largest orders in the company’s history—the sale of approximately 100 iXH harsh process vacuum pumps to a major flat panel manufacturer. The pumps are intended for a manufacturing facility producing 50+-inch…
AkzoNobel Functional Chemicals (www.akzonobel.com) has officially opened a new production site in Shanghai, China, for its Elotex building material additives business. The facility, which produces redispersible powder polymers, has an annual capacity of around 20,000 tons, and brings the total…
The Board of Lucite International Group Ltd., (Southampton, UK; www.lucite.com), has announced that the company will be acquired by Mitsubishi Rayon Co. for a total cash consideration of approximately $1.6 billion. The purchase is subject to approval by the relevant…
Today, PricewaterhouseCoopers LLP, (PwC) released its quarterly report Chemical Compounds: Global Chemicals Mergers & Acquisitions Analysis – Third Quarter 2008, which provides details on deal transactions and reveals trends in the chemical industry. Chemical Compounds reported 27 deals, valued at over $50 million,…
Laboratoires Sérobiologiques (LS; www.laboratoires-serobiologiques.com), the active ingredients business of Cognis Care Chemicals, has begun to enhance its production site in Pulnoy, France. With this step, LS wants to further establish its site in France as a technology center for the…
Borealis AG (www.borealisgroup.com) has selected LyondellBasell’s (Rotterdam, Netherlands; www.lyondellbasell.com) Lupotech T technology for a new 350,000 ton/yr low density polyethylene (LDPE) plant; start-up is expected in 2013. “This investment is an important step in our growth strategy and our selection…
Novo Nordisk A/S (Bagsvaerd, Denmark; www.novonordisk.com) today announced a major investment in a new insulin production plant in Tianjin, China. The plant has been designated Novo Nordisk’s primary production base in the Asia Pacific region and will supply both China…
SulphCo, Inc. (Houston, Tex.; www.sulphco.com), a technology company with a patented ultrasound process to desulfurize crude oil, announced today, that in October field trials it successfully duplicated on a commercial scale the positive results recently produced in its Houston laboratory.…