Latest News: Business
Praxair signs long-term contract with MEGlobal
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a long-term contract with MEGlobal to supply oxygen and nitrogen to its new ethylene glycol (EG) plant being built in Freeport, Texas. MEGlobal (www.meglobal.biz), a wholly-owned subsidiary of Equate Petrochemical Co. (www.equate.com), is…
Praxair expands onsite business for wastewater customers in China
Praxair, Inc. (Danbury, Conn.; www.praxair.com) continued to execute its strategy of providing environmental solutions for growing water treatment applications in China. The company recently started up two vacuum pressure swing adsorption (VPSA) oxygen supply systems for Jiangbin Water Treatment Co.,…
Clariant Masterbatches continues global expansion of engineering and high-temperature resin processing units
Clariant (Muttenz, Switzerland; www.clariant.com) says its approximately CHF10 million ($10.1 million) global initiative to expand its ability to produce color and additive masterbatches and compounds using engineering polymers and high-temperature plastics like PEEK (polyether ether ketone) is progressing on schedule.…
Air Products to build air-separation unit in Ulsan
Air Products (Lehigh Valley, Pa.; www.airproducts.com) says it will build a new large air separation unit (LASU) in Ulsan, South Korea. The investment demonstrates the company’s commitment to the southern region and across Korea to meet increasing demand driven by…
Schneider Electric acquires analyzer specialist Applied Instrument Technologies
Schneider Electric SE (Rueil-Malmaison, France; www.schneider-electric.com) has acquired Applied Instrument Technologies, Inc. (AIT), a leading provider of online process analyzers for the hydrocarbon, petrochemical, chemical, pharmaceutical and steel-making industries. The acquisition adds to Schneider Electric’s process automation portfolio that already…
Arkema to increase PVDF production in China
Arkema (Colombes, France; www.arkema.com) announces a 25% capacity increase for Kynar brand polyvinylidene difluoride (PVDF) at its Changshu platform near Shanghai. This project will help meet the strong demand, in particular in new energies and water-treatment applications. This investment will…
Trinseo to expand capacity for styrene butadiene rubber
Trinseo (Berwyn, Pa.; www.trinseo.com) announced that it will expand capacity for Solution-Styrene Butadiene Rubber (S-SBR). This increased investment is a direct response to rising customer demand for this critical technology, which is a key component in increasing energy efficiency, safety…
Showa Denko selects new president and CEO
Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) announced that Hideo Ichikawa will resign as president and CEO to become representative director and chairman of the board of the company, and that Kohei Morikawa, director, managing corporate officer and chief technology…
Ashland starts up manufacturing plant for polymer excipients in China
Ashland Inc. (Covington, Ky.; www.ashland.com) started up a new production line in Nanjing, China to manufacture polymer excipients for China’s pharmaceutical industry. Demand for polymer excipients, the substances formulated alongside the active ingredients of medications, is rising in China as…
Pepperl+Fuchs acquires mobile explosion-protection pioneer ecom instruments
Pepperl+Fuchs GmbH (Mannheim, Germany; www.pepperl-fuchs.com), a globally leading company in explosion protection by intrinsic safety and in industrial sensors, announced the acquisition of ecom instruments GmbH (Assamstadt, Germany; www.ecom-ex.com), the world market leader for mobile industrial devices for hazardous areas.…