Latest News: Business
CB&I awarded contract for delayed coker unit in Serbia
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Naftna Industrija Srbije (NIS) for the engineering, procurement and construction management of a delayed coker unit in Pancevo, Serbia. CB&I previously announced an award of the technology license and…
Borealis signs MOU for melamine production project in Algeria
Borealis AG (Vienna, Austria; www.borealisgroup.com) and Algerian industrial group Asmidal signed a Memorandum of Understanding on 22 November 2016. The document reflects the parties' interest in evaluating opportunities to jointly develop a melamine production project in Algeria. A feasibility study…
Siemens announces executive and board changes
Siemens AG (Munich, Germany; www.siemens.com) Managing Board member Lisa Davis has been appointed Chair and CEO of Siemens Corp., USA, effective January 1, 2017. The current CEO, Eric Spiegel (59), will leave the company, effective the same date. The appointment…
Rogers Corp. acquires polymer-films producer DeWAL
Rogers Corp. (Rogers, Conn.; www.rogerscorp.com), a global leader in engineered material solutions, announces the acquisition of DeWAL Industries, a leading manufacturer of high performance polymer films and pressure sensitive tapes. DeWAL’s business is highly complementary to Rogers’ Elastomeric Material Solutions…
OSHA issues new recommended practices for construction professionals
The Occupational Safety and Health Administration (OSHA; www.osha.gov) issued Recommended Practices for Safety and Health Programs in Construction to help industry employers develop proactive programs to keep their workplaces safe. The recommendations may be particularly helpful to small- and medium-sized…
Gurit acquires BASF’s PET business
Gurit Holding AG (Wattwil, Switzerland; www.gurit.com) announced that it has acquired BASF`s PET (polyethylene terephthalate) structural foam business for an undisclosed purchase price. The transaction comprises BASF`s PET operations in Italy, including its staff, operating assets and product IP in…
JGC awarded contract to construct a methionine production facility for Sumitomo Chemical
JGC Corp. (Yokohama, Japan; www.jgc.com) has been awarded the contract for the construction of a Methionine production facility for Sumitomo Chemical Company, Ltd. (Tokyo, Japan; www.sumitomo-chem.co.jp). This new plant, which will be constructed alongside Sumitomo Chemical’s existing factory located in…
B&W subsidiary awarded contract to design boiler for world’s largest waste-to-energy plant in China
Babcock & Wilcox Enterprises, Inc. (B&W; Charlotte, N.C.; www.babcock.com) says that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a contract for nearly $40 million to design a waste-to-energy boiler for Shenzhen Energy Environmental Engineering…
Global chemical production soft at start of 4th quarter, ACC says
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that the fourth quarter started on a soft note, with the index for October showing no gain or loss on a three-month moving average…
Jacobs wins contract for Borealis PDH feasibility study
Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) has received a contract to complete a feasibility study for a propane dehydrogenation (PDH) plant located at the existing Borealis AG (Vienna, Austria; www.borealisgroup.com) production site in Kallo, Belgium. As part of the…