Mobile Navigation

Business News

Member Exclusive

Fluor named project management consultant for new refinery in Turkey

Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that Socar & Turcas Rafineri A.S. (Stras; www.socarturcas.com.tr), the joint venture of the State Oil Co. of the Azerbaijan Republic (Socar) and Turcas Petrol A.S. (ISE:TRCAS), awarded the firm a project management consultant…

Member Exclusive

Lanxess to acquire DSM Elastomers

Lanxess AG (Leverkusen, Germany; www.lanxess.com) and Dutch company Royal DSM N.V. (Heerlen, the Netherlands; www.dsm.com) have reached an agreement in principle involving the sale of DSM Elastomers to Lanxess for €310 million on a cash and debt-free basis. DSM Elastomers…

Member Exclusive

Evonik plans capacity expansion in isophorones

Evonik Industries AG (Essen, Germany; www.evonik.com) intends to construct a new production plant for isophorone and isophorone diamine. A suitable site is being sought, and economic and strategic market factors play an important role in this decision. Production is scheduled…

Member Exclusive

Yule Catto to purchase PolymerLatex

Yule Catto & Co. plc (Harlow, U.K.; www.yulecatto.com) has agreed to acquire PolymerLatex GmbH (Marl, Germany; www.polymer-latex.de) from TowerBrook Capital Partners. The transaction, which is subject to the necessary regulatory and shareholder approvals, is expected to be completed during Q2,…

Member Exclusive

FWC: Contract for two grassroots refineries in Brazil

Foster Wheeler AG (FWC; Zug, Switzerland; www.fwc.com) announced today that its Global Engineering and Construction Group has been awarded a basic engineering design and front-end engineering design (FEED) contract for two grassroots petroleum refineries in Brazil for Petróleo Brasileiro S.A., (Petrobras).…

Member Exclusive

Shaw: Contract for new ethylene plant in India

The Shaw Group Inc. (Baton Rouge, La.; www.shawgrp.com) it has been selected by GAIL (India) Ltd (GAIL) to provide its proprietary technology and basic engineering for a new 450,000-ton/yr ethylene plant. Shaw also will provide support during detailed engineering, procurement…

Member Exclusive

Wacker: New polysilicon-production facility in Tenn.

Wacker Chemie AG (Munich, Germany; www.wacker.com) will build a new and fully integrated polysilicon production site near the city of Cleveland, Tenn. The chemical company announced the decision today. With an annual capacity of 15,000 metric tons (m.t.), the production…

Member Exclusive

Jacobs: New sulfur recovery unit for Taiwan

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has received a contract from CPC Corp. (CPC; Taiwan) to design and license Jacobs' proprietary EuroClaus technology for a desulfurization unit as part of the Ta-Lin refinery expansion project in Kaoshiung, Taiwan. Officials…

Member Exclusive

Heinkel acquires Comber

ComberS.r.l., (Colzate, Bergamo, Italy; www.comber.it) the Italian manufacturer of NutscheFilter - Dryers, vertical Pan and horizontal Paddle drying systems, will be part of the Heinkel Group (Besigheim, Germany; www.heinkel.de) effective December 2010 and operating under the name of Comber Process Technology S.r.l. Commercial operations have been…

Member Exclusive

B&WCS to operate DUF6-conversion facilities

The U.S. Dept. of Energy (DOE; Washington, D.C.; www.energy.gov) announced today that a $428-million, five-year contract has been awarded to the Babcock & Wilcox Conversion Services, LLC (B&WCS; Lynchburg, Va.; www.babcock.com), for operation of the depleted uranium hexafluoride (DUF6) facilities…