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Latest News: Business

Sadara and Chemie-Cluster Bayern to partner on chemicals business development in Saudi Arabia

Sadara Chemical Co., a joint venture between The Dow Chemical Company (Midland, Mich.; www.dow.com) and Aramco, Saudi Arabian Oil Co., and Chemie-Cluster Bayern GmbH (CCB) have signed an agreement to cooperate and jointly support the development of chemical-based value chains…

ASD Global joins Intergraph alliance

ASD Global Inc. (Walnut Creek, Calif.; www.asdglobalinc.com) has joined Intergraph Corp. (Huntsville, Ala.; www.intergraph.com) in Intergraph’s SmartPlant Alliance as an Alliance Technology Partner, interfacing ASD’s software with Intergraph Smart 3D next-generation 3D design software. This partnership provides an integrated solution…

Cabot awarded mercury-removal contracts at two U.S. power plants

Cabot Corp. (Boston, Mass.; www.cabot-corp.com) has been awarded contracts by two U.S. utilities to supply its Darco Hg family of activated-carbon products to remove mercury from the flue gas of coal-fired power plants in the Midwest. In order to meet stringent…

Siemens appoints new managing board member

Siemens AG (Munich, Germany; www.siemens.com) has appointed Janina Kugel, previously corporate vice president of Human Resources and Siemens' chief diversity officer, to the Managing Board by the Supervisory Board of Siemens. Kugel will succeed Siegfried Russwurm as head of Human…

Methanex starts up Geismar methanol plant

Methanex Corp. (Vancouver, B.C., Canada; www.methanex.com) announced that the company successfully started up its new methanol plant in Geismar, La. The plant’s capacity is 1 million metric tons per year (m.t./yr) methanol. The plant was relocated from the company's production…

BASF increases production capacity of vitamin A

BASF SE (Ludwigshafen, Germany; www.basf.com) increases its production capacities for vitamin A by 25%. The company has expanded an existing plant in Ludwigshafen, Germany, which is part of BASF’s Citral Verbund. With this capacity extension, BASF reacted to the rising…

JGC wins EPCC contract for LNG-complex expansion project in Malaysia

JGC Corp. (Yokohama, Japan; www.jgc.co.jp) announced today that, as a part of a consortium with JGC Group company, JGC Malaysia, it has been awarded a contract by Petronas LNG 9 Sdn. Bhd. (PL9SB), a wholly-owned subsidiary of Petronas. Petronas is…

U.S. CPRI and specialty chemicals finish Q4 in expansion mode, ACC report says

The U.S. Chemical Production Regional Index (U.S. CPRI) continued to expand in December, rising 0.8%, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The December expansion of the U.S. CPRI…

Asahi/America announces new CEO

Fluid-handling specialist company Asahi/America, Inc. (Malden, Mass.; www.asahi-america.com) recently announced the promotion of Daniel S. Anderson to the office of president and chief executive officer (CEO). The announcement was made to Asahi/America employees December 11, 2014 by former President and…

Matheson to build ASU at Sasol Lake Charles complex

Matheson Tri-Gas, Inc. (www.mathesongas.com), a member of the Taiyo Nippon Sanso Corp. (Tokyo), has entered into an agreement with Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) to supply tonnage oxygen and nitrogen to Sasol’s world-scale ethane cracker, which is part of…