Pinti Wang, President and CEO of GTC Technology (Houston, Tex.; www.gtchouston.com) today announced that GTC has been awarded its 20th license for its state-of-the-art GT-BTX extractive-distillation technology. This technology will be used by Chinese Petroleum Corp. (CPC; Taiwan) as part…
Foster Wheeler Ltd. (Hamilton, Bermuda; www.fwc.com) announced that its South African subsidiary Foster Wheeler South Africa (Pty) Limited, part of its Global Engineering and Construction Group, has been selected by Sasol Technology (Pty) Ltd to perform a pre-feasibility study for…
To support its growth strategy in Safety & Protection products, DuPont announced its intent to purchase the Industrial Apparel line of Cardinal Health’s Scientific and Production Products business, which manufactures and markets a variety of products used in cleanrooms and…
Akzo Nobel N.V. has completed the sale of the Adhesives and Electronic Materials businesses, part of the former ICI's National Starch business, to Henkel KGaA for GBP 2.7 billion (EUR 4 billion) in cash. The agreement with Henkel for…
Specialty chemicals group Lanxess AG (Leverkusen, Germany; www.lanxess.com) has successfully completed the acquisition of an approximate 70 % holding in Petroflex S.A., Latin America’s biggest rubber producer. Lanxess is paying some 200-million euros for the package of shares. The transaction…
Genencor International, Inc., a part of Danisco US Inc., has completed a commercial license agreement for the use of the Red/ET recombination technology from Gene Bridges GmbH (Heidelberg, Germany; www.genebridges.com). Under the terms of the agreement, Gene Bridges has licensed…
Bulkflow Technologies, Inc. has changed its corporate name to Solex Thermal Science, Inc. to more accurately reflect the strengths of the company. The name change becomes effective March 31, 2008. Founded in 1999 as Bulkflow Technologies, Inc. Solex Thermal Science,…
Invensys Process Systems (www.ips.invensys.com) has been awarded a multi-million dollar contract by Simon Carves Ltd. to provide an InFusion Enterprise Control System through an engineering, procurement and construction (EPC) contract for PTT Polyethylene Co. Ltd. (PTT PE). Invensys will provide…
Evonik Industries AG (Essen, Germany; www.evonik.com) and the Russian JSC Sibur Holding (Moscow) have agreed to start an exclusive feasibility study regarding the possible construction of a facility to produce propylene oxide (PO), together with hydrogen peroxide, for use in…
Lummus Technology (The Woodlands, Tex.), a CB&I company (www.cbi.com), has been awarded a contract valued at approximately $140 million for cracking heaters for a Middle East petrochemical complex. The contract, which is scheduled to be complete in late 2009, consists…