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Latest News: Business

Lyondell Basell Intermediates & Derivatives names executive vice president

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) has announced that Daniel M. Coombs has been selected to become executive vice president of Intermediates and Derivatives (I&D), with additional responsibility for Supply Chain, Procurement and Technology.  Coombs replaces Pat Quarles, who is taking…

DSM Dyneema acquires performance-materials company Cubic Tech

Royal DSM (Heerlen, the Netherlands; www.dsm.com)’s DSM Dyneema brand has finalized the acquisition of Cubic Tech Corp. This privately owned company, based in Mesa, Ariz., has specialized for more than 23 years in the custom design, development and production of…

PAS adds cybersecurity-focused business unit

PAS, Inc. (Houston; www.pas.com) announced a newly formed Cyber Security Business Unit within PAS as well as its latest release of Cyber Integrity software. The strategic announcement reflects the company’s ongoing investment in ICS cybersecurity with dedicated resources and new…

Chemical production rose in April, ACC report says

Citing data from the U.S. Federal Reserve (Washington, D.C.; www.federalreserve.gov), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) says chemical production (excluding pharmaceuticals) rose in April in the U.S by 0.3%. The gain for April follows a 0.4% rise in…

Mosaic names new president and CEO

The Mosaic Co. (Plymouth Minn.; www.mosaicco.com) announced that its board of directors has elected James C. O'Rourke, currently executive vice president – operations and chief operating officer, to succeed James T. Prokopanko as president and chief executive officer (CEO), effective…

Albemarle subsidiary Chemetall acquires German R&D business Chemal

Chemetall, a global business unit of Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) has announced that it has acquired the business of Chemal GmbH & Co. KG, based in Hamm, Germany.  This transaction will enhance Chemetall's integrated portfolio for the aluminum…

Severn Trent to sell Water Purification business to Industrie De Nora

Severn Trent Plc (Coventry, U.K.; www.severntrent.com) and Industrie De Nora S.p.A. (Milan, Italy; www.denora.com) have reached a definitive agreement for the share sale to De Nora of Severn Trent’s Water Purification business – part of Severn Trent’s Business Services organization.…

Amec Foster Wheeler awarded new Çőpler Gold Mine contract in Turkey

  Amec Foster Wheeler (London, U.K.; www.amecfw.com) has been awarded the initial phase of an engineering, procurement and construction (EPC) contract by Anagold Madencilik for the expansion of the Çopler Gold Mine in the Çöpler District, Erzincan Province, Turkey. The…

Praxair signs long-term supply contract for water-recycling plant in China

  Praxair, Inc. (Danbury, Conn.; www.praxair.com), through its subsidiary Beijing Praxair Inc., has signed a long-term gas supply contract with Gao Bei Dian Water Recycling Plant of Beijing Drainage Group Co. Praxair will build, own and operate a vacuum pressure…

Jacobs awarded four-year EPCM contract by Sadara

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced that it was awarded a four-year contract by Sadara Chemical Company (Sadara) for engineering, procurement and construction management (EPCM) services. The contract value was not disclosed. Sadara is currently building the world’s…