The Dow Chemical Co. (Midland, Mich.; www.dow.com) plans to increase ethane cracking capabilities on the U.S. Gulf Coast over the next two to three years, and improve its ethane cracking capabilities by 20–30% in this timeframe. In addition, Dow announced…
Today, specialty chemicals group Lanxess AG Leverkusen, Germany; www.lanxess.com) opened Asia’s most state-of-the-art plant for ion exchange resins in India. The new plant was constructed over a period of two years in the new chemical park in Jhagadia in the…
Graham Corp. (Batavia, N.Y.; www.graham-mfg.com), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, has been awarded three orders totaling approximately $4.8 million for specialized condensers, liquid ring pump packages and ejector systems to…
Technip (Paris, France; www.technip.com) has been awarded by Sonatrach, the Algerian national oil company, a contract for the refurbishment and revamping of the Algiers refinery. This lump sum turnkey contract, worth approximately 67.9-billion Algerian Dinars ($908 million), will last 38…
Technip (Paris, France; www.technip.com) has been awarded by Total an engineering, procurement services and construction management contract to increase the capacity of the hydrocracker at the Normandy refinery located in Gonfreville, France. This project, which is part of a larger…
Total and CPI to study coal-to-olefins petrochemical project in China November 5, 2010 — Total S.A. (Paris, France; www.total.com) and the Chinese energy group China Power Investment Corp. (CPI) intend to build a coal-based petrochemical plant in China. The two…
Lummus Technology (The Woodlands, Tex.), a CB&I company (www.cbi.com), has been awarded a contract by Liaoning Tongyi Petrochemical Co. for the license and engineering design of grassroots OCT olefins-conversion units and Catofin dehydrogenation units at several of its sites in…
The Dow Chemical Company (Midland, Mich.; www.dow.com) has increased its monopropylene glycol (MPG) capacity by 15%, an additional 35,000 ton/yr, in the Stade, Germany plant after completion of an advanced energy improvement and technology optimization project. “The investment in our…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Ineos Industries Holdings Limited (Lyndhurst, U.K.; www.ineos.com) have announced their intention to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based…
ABB (Zurich, Switzerland; www.abb.com) and Baldor Electric Co. (Fort Smith, Ark.) have agreed that ABB will acquire Baldor in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement,…