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New study: Volume of 2007 chemical business deals likely to surpass 2006 levels

Total chemical-deal value for the first three quarters of 2007 exceeded total deal value for all of 2006 ($88 billion versus $51 billion, respectively), says a recent report from PricewaterhouseCoopers entitled Chemical Compounds. The quarterly report on the state of…

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Plans for biodiesel plant in Argentina    

Integrated Biodiesel Industries, Ltd (IBI; Sao Paulo) has signed a Letter of Intent with port operator Terminal Puerto Rosario S.A. (TPR) to build a 60,000-m.t./yr biodiesel plant inside its facilities in the city of Rosario, Argentina. TPR will offer existent…

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PetroChina selects Basell’s technology for two plants in China

PetroChina Company Ltd. has selected Basell's Hostalen technology for two new high density polyethylene (HDPE) plants; a 300,000 ton/yr plant in Chengdu, Sichuan province, and a 350,000 ton/yr plant in Fushun, Liaoning province, China. Startup for both plants is expected…

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Dow completes acquisition of Edulan  

The Dow Chemical Company (Dow) announced that it has completed the acquisition of Edulan A/S, an independent polyurethane systems house specializing in rigid foam and elastomer formulation technologies. In addition to Edulan’s business and production facility in Denmark, Dow also…

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BASF Catalysts expands plant for polypropylene catalysts

BASF Catalysts (Iselin, N.J.; www.basf.catalysts.com) is expanding production at its facility in Tarragona, Spain, which manufactures catalysts used to make polypropylene. Once complete by September 2008, the project will increase capacity by more than 25%, enabling the plant to meet…

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The economic outlook: 2008 and beyond

“This is the first time since the early 1970s there have been four strong years in a row; every piston of the economic engine was running,” says Dr. Thomas K. Swift, chief economist for the American Chemistry Council “We have…

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Chemical Processing Industry Information Now More Accessible

Chemical Engineering announced today the release of its new beta website.  The completely retooled site and online information service will provide up-to-the-minute news and in-depth technical expertise from Chemical Engineering’s global team of chemical engineers, CPI professionals and journalists.  “The…

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Bioethanol

Genencor, the enzymes division of Danisco A/S (Copenhagen; edlinks.chemengonline.com/6900-544) and DONG Energy (Fredericia, both Denmark) are collaborating to produce second-generation bioethanol. Public subsidies are being sought for establishing a demonstration plant, which will process 4 m.t./h of straw and produce…

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Degussa name change

The Chemical Business Area of Evonik Industries AG (Essen, Germany; edlinks.chemengonline.com/6900-542) is the new identity of what was formerly known as Degussa. The other two business areas of Evonik Industries are energy and real estate. The German coal-mining operations will…

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Ni from South Pacific

Lanxess (Leverkusen, Germany; edlinks.chemengonline.com/6900-543) has won a large contract to supply ion-exchange resins to Goro Nickel S.A.S. (Noumé, New Caldedonia), which will use the resins in future mining operations. Goro Nickel will start Ni production at the mine in 2009.…