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…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) says it was awarded a contract from Rio Tinto Minerals (RTM) to provide engineering, procurement and construction management (EPCM) services for its plant expansion project in Boron, Calif. Officials are currently estimating the…
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with a major cellulosic ethanol producer on the design and delivery of a renewable energy solution for a bio-ethanol facility in Iowa. The order has been included in Outotec's Q4 2012 order intake…
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…
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that its UOP Oleflex process technology has been selected by China’s Longgang Chemical Co. (Qingdao Province, China) to produce key ingredients for fuels and synthetic rubber. The C4 Oleflex…
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded a contract by Williams to provide preliminary engineering services for a proposed propane dehydrogenation (PDH) project near Redwater, Alberta, Canada. Fluor booked the contract in the fourth quarter of 2012 for an undisclosed…