Business & Economics
CE Community: Webcast: The Plant of the Future
The chemical process industries (CPI) face unprecedented opportunities in the form of global growth initiatives. But with growth and globalization comes challenge, in particular with regard to securing people and knowledge resources, and in dealing effectively with increasing technology, project…
Economic Indicators: Business News
Plant Watch Dynamotive in advanced negotiations for Biooil plant February 14, 2008 — Dynamotive USA, Inc., a wholly owned subsidiary of Dynamotive Energy Systems Corp., is in negotiations with officials to ascertain the feasibility of locating one or more "fast-pyrolysis"…
Mustang to provide design for new chemical complex in Singapore
Mustang Engineering (Mustang), a subsidiary of international energy services company John Wood Group PLC , has been authorized by ExxonMobil Asia Pacific Pte Ltd (ExxonMobil) to proceed with the detailed engineering design and site construction management for the process control…
PSE Korea officially open
PSE Korea, the Korean subsidiary of Process Systems Enterprise (PSE; London, U.K.; www.psenterprise.com), providers of the leading gPROMS advanced-process modeling (APM) software and related services, was officially declared open on 5 March 2008 at the PSE Korea Opening Ceremony in…
Invensys signs Egyptian JV
Invensys Process Systems (London; www.invensys.com) have joined ENPPI and GASCO in a joint venture (JV) to create Invensys Process System Egypt the first, “Industrial Automation Engineering Center of Excellence” in the country. This new company will play a significant role…
Metso Automation and ABB intensify cooperation
ABB in Norway (www.abb.com) and Metso Automation (Helsinki; www.metsoautomation.com) have reached a mutual agreement regarding joint activities and have signed a memorandum of understanding for future collaboration in the oil and gas industry. The integration of Metso Automation’s flow-control technology…
Evonik Acquires Remaining Shares of Chinese Degussa Lynchem
Evonik Industries AG has acquired the remaining 49 percent of its former joint venture Degussa Lynchem Co. Ltd., Dalian, China, from the Chinese shareholders Yuncai Wang and Jingkun Wang. By this transaction Degussa Lynchem has become a wholly owned subsidiary…
Grace Announces Expansion
W. R. Grace & Co. announced plans to increase its manufacturing capacity with the expansion of its facility in Lake Charles, Louisiana. The expansion will enable increased production of specialty aluminas, a key raw material in Grace’s premium fluid cracking…
UOP to establish new center in Malaysia
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that it will establish a natural gas processing design center in Kuala Lumpur, Malaysia, to better support the Southeast Asia market. "Establishing this design and operations center in Malaysia…
Arkema doubles H2O2 capacity at Leuna
Arkema (Colombes, France; www.arkema.com), the world’s third leading hydrogen peroxide producer, announces plans to double production capacity at its Leuna, Germany, site to 80,000 m.t./yr by mid-2010. With this capacity increase, representing a € 40-million investment, Arkema reaffirms its ambition…