Business & Economics
Foster Wheeler studies CTL feasibility for Sasol
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…
DuPont acquires Cardinal Health Industrial Apparel business
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 completes sale to Henkel
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…
Lanxess acquires majority share in Petroflex
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 licenses Red/ET Recombineering tech.
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 changes name to Solex Thermal Science
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,…
Thailand LDPE plant to be controlled by InFusion
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 and Sibur review options for cooperation
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 awarded heater contract
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…
Ineos Technologies signs agreement with Sibur
Sibur LLC has selected Ineos’ Innovene PP Process for a new 200,000 m.t./yr polypropylene (PP) plant to be constructed at the production site of Tomskneftekhim LLC, Tomsk, Russian Federation. The Tomsk plant will be the nineteenth to use the Innovene…