Today, Wacker Chemie AG (Munich, Germany; www.wacker.com) officially launched its new production plant for vinyl acetate-ethylene copolymer (VAE) dispersions at its Ulsan site in South Korea. The additional 40,000 metric tons (m.t.) from the second reactor line increases the site’s…
MAN Diesel & Turbo (MDT; Berlin, Germany; www.mandieselturbo.com) is providing the compressor technology for Shell Canada’s Quest Carbon Capture and Storage (CCS) Project, located in Alberta, Canada. Quest will be the world’s first commercial-scale CCS project to tackle carbon emissions…
Forest BtL Oy (Vantaa, Finland; www.forestbtl.com) and Axens (Rueil-Malmaison, France; www.axens.net) have signed a license for the use of Gasel technology suite in the Biomass to Liquid (BtL) plant to be constructed in Ajos, near the city of Kemi, Finland.…
An official ceremony took place today with Giovanni Azzone, rector of Politecnico di Milano (www.polimi.it), and Fabrizio Di Amato, CEO and chairman of Maire Tecnimont S.p.A. (www.mairetecnimont.com) for the signature of a framework agreement for a scientific collaboration between Maire…
Teijin Chemicals Ltd. (Tokyo, Japan; www.teijin.co.jp), the core company of the Teijin Group’s resin and plastic processing business, announced an agreement with SK Chemicals, a South Korean chemical producer, on a business collaboration, including the establishment of a joint venture…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has entered into an agreement to acquire NuCO2 INC. from Aurora Capital Group, a Los Angeles, California based private equity firm, for $1.1 billion in cash. The transaction is subject to customary conditions to closing,…
Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.co.kr) has officially announced its contract award from Gazprom Neft, a subsidiary of Gazprom, one of Russia’s largest oil and gas companies. The $879-million contract covers engineering, procurement and construction (EPC) for the gas…
Whether for pumping, mixing, compression or ventilation, motors are used everywhere in the chemical process industries (CPI). Unfortunately, they are notoriously energy intensive, accounting for about 65% of the electrical consumption of a chemical production site. However, with the world,…
Plant Watch Lonza to expand ADC manufacturing capacity January 8,2013 —Lonza (Basel, Switzerland; www.lonza.com) plans to invest 14 million Swiss francs (CHF; about $15 million) to expand antibody drug conjugate (ADC) manufacturing capacity in Visp, Switzerland. Oncology therapeutics including ADCs…
Shell US Gas & Power LLC (Shell), a subsidiary of Royal Dutch Shell Plc, and Southern Liquefaction Company, LLC, a Kinder Morgan company and unit of El Paso Pipeline Partners, L.P., announced their intent to form a limited liability company…