Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded the engineering, procurement and construction of Valero Energy Corp.’s combined heat and power cogeneration project at its Pembroke Refinery in Wales, U.K. Fluor booked the undisclosed contract value in the third quarter of…
Air Liquide Engineering & Construction (Frankfurt am Main, Gertmany; www.engineering-airliquide.com) has signed a contract to supply an air separation unit (ASU) to Shandong Runyin Bio-Chemical Industry Co., Ltd. (Runyin), a subsidiary of Shandong Ruixing Group, a large chemical company and…
Endress+Hauser AG (Reinach, Switzerland; www.endress.com) has invested more than €10.4 million in a new, state-of-the-art production facility at its location in Nesselwang, Germany. The 4,800-square-meter building contains new production and office space, in addition to technology and common rooms. With…
Siemens AG (Munich, Germany; www.siemens.com) and Chromalloy Gas Turbine Corporation celebrated the grand opening of their new joint venture, Advanced Airfoil Components, in Hillsborough County, Florida. This partnership represents a capital investment of $139 million and will add 350 jobs…
Umicore N.V. (Brussels, Belgium; www.umicore.com) and automobile manufacturer Audi have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed-loop process for components of high-voltage batteries that can be used again…
Solvay S.A. (Brussels, Belgium; www.solvay.com) is set to increase the company’s fluoroelastomer (FKM) production to support global customers’ continuing strong demand for high performance sealing applications. End-use applications in hybrid and low emission internal combustion engines (ICE) and in the…
Lanxess AG (Cologne, Germany; www.lanxess.com) continues to optimize its global production network for the manufacture of iron oxide pigments. Through targeted debottlenecking at the Krefeld-Uerdingen site, the specialty chemicals company has increased the product availability of its Bayferrox and Colortherm…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Sinopec Corp. (Beijing, China; www.sinopecgroup.com) have signed a memorandum of understanding (MoU) in Beijing to further strengthen their partnership in upstream and downstream chemical production in China. The partners intend to build an additional…
Evonik Industries AG (Essen, Germany; www.evonik.com) has invested in the biotechnology start-up In Ovo through its venture capital unit and now holds a minority stake in the company, based in Leiden, the Netherlands. Co-leading this Series A investment is Singapore-based…
The Lubrizol Corp. (Wickliffe, Ohio) will invest more than $25 million in its Calvert City, Kentucky manufacturing facility, allowing the company to meet increasing customer demand. This investment follows a recent $10 million expansion at the site to further improve…