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Latest News: Business

DSM to boost capacity of Akulon XS for flexible packaging films

  Royal DSM (Heerlen, the Netherlands; www.dsm.com) is expanding production capacity for Akulon XS at its facility in Emmen, the Netherlands. The capacity increase is scheduled for completion in the first quarter of 2016. It will meet the strong-growing demand…

ThyssenKrupp wins major contract to build one of the largest cement plants in Saudi Arabia

ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has won a contract from Yamama Saudi Cement Co., one of Saudi Arabia’s biggest cement producers, to build two turnkey cement clinker production lines. The two lines with an overall capacity of 20,000…

Watson-Marlow Fluid Technology Group acquires Flow Smart

Watson-Marlow Fluid Technology Group (WMFTG; Cornwall, U.K.; www.wmftg.com) has acquired the business and assets of Flow Smart Inc. through its parent company Spirax-Sarco Engineering plc, for £5.7 million. Flow Smart, based in Seaford, Delaware, specializes in the design and manufacture…

Atlas Copco to acquire Oerlikon Leybold Vacuum

  Atlas Copco (Stockholm, Sweden; www.atlascopco.com) will take over the vacuum division of OC Oerlikon Corporation AG (Pfäffikon, Switzerland), with its over over 1,600 employees worldwide. The 486-million-euro transaction intention has been signed, thereby strengthening the Group’s vacuum solutions with…

Primetals Technologies to supply residuals briquetting plant for voestalpine Stahl HBI plant in Corpus Christi

  Primetals Technologies Ltd. (London, U.K.; www.primetals.com) received an order for a briquetting plant for the complete recycling of dusts and sludges in Corpus Christi, Texas. Primetals Technologies and Midrex Technologies (Charlotte, N.C.; www.midrex.com) are currently building a direct reduction…

Technip awarded contract to supply reformer for STAR hydrogen plant

    Technip (Paris, France; www.technip.com) has been awarded a lump sum contract to supply its proprietary technology, detailed engineering and procurement services for a reformer for a hydrogen plant. The plant is located near the STAR Aegean Refinery to…

U.S. Water Services acquires Georgia-based A and W Technologies

U.S. Water Services (St. Michael, Minn.; www.uswaterservices.com), an Allete company, announced the acquisition of A and W Technologies. The $9-million purchase agreement was signed by both parties last week. A and W Technologies provides specialty chemicals and engineering services for…

CB&I awarded large EPC contract in Oman

CB&I (The Woodlands, Tex.; www.cbi.com) announced a joint venture between CB&I and CTCI Corp., Taiwan, has received a notice of intention of award valued at approximately $2.8 billion from Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide engineering,…

Genomatica and Braskem confirm lab-scale production of bio-based butadiene

Genomatica  (San Diego, Calif.; www.genomatica.com) and Braskem (São Paulo, Brazil; www.braskem.com) announced they have been successfully producing butadiene at laboratory scale since June 2015, using their direct, bio-based process. The companies are jointly developing a commercial process for the on-purpose…

LyondellBasell to build world’s largest PO/TBA plant on U.S. Gulf Coast

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it is advancing plans to build what is said to be the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area.  This project, considered to be the largest…