Ineos (London) announced that INEOS Phenol completed its acquisition of the entire asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million. The business has a turnover of…
A new joint venture — Envalior — has emerged from the combination of two industry leaders in engineering materials – DSM N.V. (Heerlen, the Netherlands) Engineering Materials (DEM) and Lanxess AG (Cologne, Germany) High Performance Materials (HPM) – under the…
Chevron Lummus Global LLC (CLG) announced a recent contract award from Petróleo Brasileiro S.A. (Petrobras) for a new 12,580 barrel/day (bbl/d) hydroisodewaxing (HIDW) unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil. Chevron Lummus…
Venator Materials PLC (Wynyard, U.K.) announced that it has completed the sale of its Iron Oxide business to Cathay Industries. The enterprise value of the transaction was $140 million and Venator expects to receive cash proceeds of approximately $130 million…
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Robert Fulton, Eli Whitney, Thomas Edison, Henry Ford — these are some of the larger-than-life figures who spring to mind when reflecting on the history of innovation and invention in the U.S. But the first person in American history to…
Manufacturing complexes may benefit from using more electricity instead of steam and fuel gas for their energy needs. Improved energy efficiency, lower emissions, higher reliability and debottlenecking of utility systems may be achieved Electrification is a popular buzzword when energy…
The first issue of this publication in September of 1902, then titled Electrochemical Industry, contained this statement from professor C.F. Burgess: “Chemical manufacturing was a number of years ago considered best developed when the processes were so simple that no…
For decarbonization of chemical processing sites, electrification opens a new world of efficiencies and cost benefits The industrial sector is responsible for one-third of the world’s end-use energy consumption, according to data from the U.S. Energy Information Administration (EIA; Washington,…
The Universidad Carlos III de Madrid (UC3M; Spain; www.uc3m.es) has patented a new system for capturing hyperspectral images — those capable of collecting information across a broad frequency range of the electromagnetic spectrum (near-infrared, mid-infrared and terahertz). The system can…