The Industrial Solutions business area, the engineering and construction arm of the thyssenkrupp Group (Essen, Germany; www.thyssenkrupp.com), is being reorganized as part of the transformation program “planets”. The aim is to secure growth, enhance performance, focus more strongly on customers,…
Honeywell (Morristown, N.J.; www.honeywell.com) announced its intention to spin off its Resins and Chemicals business into a standalone, publicly traded company named AdvanSix Inc. Honeywell will file a Form 10 relating to the transaction with the Securities and Exchange Commission…
GreenMantra Technologies (Brantford, Ontario, Canada; www.greenmantra.ca), a rapidly growing producer of high-value waxes and specialty chemicals from recycled plastic feedstocks, announced that it has completed construction of a new manufacturing plant, significantly expanding its capacity and the availability of its…
Addressing a growing industry demand for transformational improvements in capital project execution, Emerson Process Management (www.emersonprocess.com) has launched Project Certainty, an innovative technology and engineering-based approach for improved capital efficiency and more reliable project schedules. Due to project excesses, billions…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract to provide engineering services for the expansion of Mitsubishi’s polyester film plant in Greenville County, South Carolina. Mitsubishi Polyester Film is the American subsidiary of Japan-based Mitsubishi Plastics, Inc.…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Brazilian chemical group Unipar Carbocloro to sell its 70.59% stake in Solvay Indupa. “Solvay’s divestment of Indupa follows our announced early exit of our European PVC joint venture as…
Renewable materials company Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) and specialty chemicals company Rennovia, Inc. (Santa Clara, Calif.; www.rennovia.com) have announced a joint development and license agreement to cooperate on bio-based chemicals development. Under the terms of the…
GE Power (Schenectady, N.Y.; www.gepower.com) announced that it has signed a purchase agreement to acquire the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $250 million. The Doosan Engineering & Construction HRSG acquisition will help GE…
With the inauguration of the TUM Catalysis Research Center (CRC), the Technical University of Munich (TUM; Munich, Germany; www.tum.de) sets an international highlight in the field of catalysis research. Scientists from five departments, as well as industrial cooperation partners, will…
Deutsche Nanoschicht GmbH (Rheinbach, Germany; http://d-nano.com), a wholly owned subsidiary of BASF New Business GmbH (Ludwigshafen, Germany; www.basf-new-business.com), is opening its new pilot plant for the manufacture of high-temperature superconductors. The facility located in Rheinbach, Germany is based on an…