Third-quarter earnings were mixed for chemical companies listed in the CW100. Strong overseas demand in the quarter offset a weak North American market, chemical firms say. Higher oil, gas, and raw materials costs weighed on margins in the quarter, however,…
Vietnam National Chemical Corp. (Vinachem) has contracted Haldor Topsøe (Lyngby, Denmark; www.topsoe.com) for the supply of license, engineering, proprietary equipment and catalysts for the ammonia-synthesis unit of a new coal-based urea plant. With a capacity of 560,000 m.t./yr of urea…
BASF Plant Science (Limburgerhof, Germany; www.basf.com/plantscience) and the National Institute of Biological Sciences (NIBS; Beijing, China; www.nibs.ac.cn) today announced a cooperation and licensing agreement in biotechnology. It is the first cooperation to be made by BASF Plant Science in the…
GE Oil & Gas has been selected as a supplier for a new heavy-oil upgrader planned to be developed by Sonhoe in Teesside, North East England. With an estimated contract value of over $200 million, GE Oil & Gas will…
Aker Kværner ASA's (www.akerkvaerner.com) Board of Directors has resolved to propose to the annual general meeting that the company change its name to Aker Solutions ASA. During 2007, a longterm and stable ownership structure was established for Aker Kvaerner, as…
Süd-Chemie AG (Munich, Germany; www.sud-chemie.com) and Alvigo AS (Tallinn, Estonia; www.alvigo.ee), the major manufacturer of catalysts in the former Soviet Union, have established a joint-venture (JV) — Sud-Chemie Alvigo Catalysts GmbH. Süd Chemie holds a 60% share of the JV,…
Peru Copper Syndicate has awarded Aker Kvaerner Metals, Inc. (Tuscon, Ariz.; www.akerkvaerner.com) a $11.5-million contract for the provision of technical services for basic engineering and additional testwork for the Toromocho Project — a large copper-molybdenum open-pit mine, located east of…
The Energy & Chemicals Group of the Shaw Group Inc. (Baton Rouge, La.; www.shawgrp.com) has been awarded a contract to provide proprietary technology, engineering and procurement services for two 200,000 m.t./yr acrylonitrile butadiene styrene (ABS) plants for Tianjin Dagu Chemical…
The Linde Group (Munich, Germany; www.linde.com) has signed a long-term supply contract for industrial gases with international steel producer Corus, part of Tata Steel. The agreement involves the construction of a new air separation unit (ASU) at Corus’ Scunthorpe site…
Basell Corp. (Frankfurt, Germany; edlinks.chemengonline.com/7368-540), the National Gas Co. of Trinidad and Tobago (T&T), Ltd. (NGC) and the National Energy Corp. of T&T, Ltd. (NEC; both Point Lisas, Port of Spain) have entered a memorandum of understanding (MOU) to construct…