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Latest News: Business

thyssenkrupp Uhde awarded fertilizer-plant expansion contract in Brunei

Thyssenkrupp Uhde GmbH (Dortmund, Germany) has been selected by Brunei Fertilizer Industries Sdn Bhd (BFI) to execute the Front End Engineering Design (FEED) for the expansion of BFI’s ammonia handling and export infrastructure. The project comprises the design of a…

Hazer and KBR move forward on commercialization of methane-pyrolysis hydrogen technology

Hazer Group Ltd. (Perth, Australia) announced the completion of a comprehensive Process Design Package (PDP) for the Hazer® Process, developed in close collaboration with KBR, Inc, (Houston). Hazer CEO Glenn Corrie said: “Completing the PDP marks a major milestone for…

Ingevity sells Ozark Materials business to PPG

Ingevity Corp. (North Charleston, S.C.) announced that it has signed a definitive agreement and has successfully closed on the sale of its Ozark Materials road markings business to PPG (Pittsburgh, Pa.). The all-cash transaction results in proceeds to Ingevity of…

AkzoNobel sells its business in Pakistan for approximately €50 million

AkzoNobel N.V. (Amsterdam, the Netherlands) has signed an agreement to sell Akzo Nobel Pakistan Limited to IGI Investments (Pvt.) Limited, which is part of the Packages Group, one of Pakistan’s most diversified conglomerates. The transaction is based on a total…

OPSWAT and Emerson announce reseller agreement for cybersecurity technologies

OPSWAT Inc. (Tampa, Fla.; www.opswat.com) global leader in critical infrastructure cybersecurity, and Emerson (St. Louis, Mo.; www.emerson.com), a global automation leader, today announced a global strategic reseller agreement that will bring OPSWAT’s industry-proven cybersecurity technologies to Emerson’s power and water industry…

Evonik launches new isodewaxing catalysts for fuel and lubricants

Evonik Industries AG (Essen, Germany; www.evonik.com) has launched a new generation of high-performing isodewaxing catalysts that significantly enhance the production of high quality fuels and lubricants. The new catalysts incorporate proprietary mesoporized zeolite technology from Belgium‑based technology company Zeopore (Leuven,…

Solenis breaks ground on new production facility in Guangxi Province, China

Solenis (Wilmington, Del.) announced the groundbreaking of its new 60,000‑ton/yr production facility in Beihai, Guangxi Province, China. The investment of RMB 250 million (USD $35 million) marks a significant milestone in the company’s continued expansion across the Asia Pacific region and…

Air Liquide to construct two new gas plants in Hiroshima to support semiconductor industry

Under a new long-term agreement, Air Liquide S.A. (Paris) will build, own and operate two new state-of-the-art industrial gas production units in Hiroshima, Japan, to support the major expansion of a global leader in the semiconductor industry. With a total…

Novonesis acquires fermentation production facility in Thailand

Novonesis Group (Lyngby, Denmark) has signed an agreement with Meihua to acquire a production facility in Rayong, Thailand for around $50 million, increasing the company’s footprint in Southeast Asia and strengthening its ability to serve customers worldwide. Expanding in Asia…

TSR Group and BASF cooperate on the recycling of electric vehicle batteries in Europe

TSR Group (Lünen, Germany), one of the leading metal recycling companies in Europe and part of the REMONDIS Group, and BASF SE (Ludwigshafen, Germany), a leading provider of advanced cathode active materials (CAM) and recycling services for lithium-ion batteries, have…