Latest News
Showa Denko licenses VAM process technology in China
Showa Denko (SDK; Tokyo; www.sdk.co.jp) has decided to license its technology to produce vinyl acetate monomer (VAM) to Shenghong Refining Petrochemical (Lian Yun Gang) Co., Ltd., (SRP) China, under a formal alliance agreement between SDK and engineering firm KBR, Inc.…
Chemetry and TechnipFMC to collaborate on licensing novel production process for propylene oxide
Chemetry (Moss Landing, Calif.; www.chemetry.com) and TechnipFMC (Houston; www.technipfmc.com) have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry's eShuttle technology for the production of Propylene Oxide (PO). PO is a commodity chemical produced worldwide and used…
Johnson Matthey acquires silicon-anode material assets from 3M
Johnson Matthey plc (JM; London; www.matthey.com) has acquired the full intellectual property rights to a portfolio of silicon-alloy-based anode materials from 3M Company. The acquisition is a further step in JM’s longterm strategy to apply its world class scientific expertise…
Holistic energy concept increases efficiency of paper mills in Germany
The current increase of packaging and pulp demand in the fiber industry is accompanied by numerous challenges, including fluctuating costs of energy and raw materials. Siemens AG (Munich, Germany; www.siemens.com) energy-efficient concepts and solutions are designed to help the paper…
Songwon partners with Uniwel to enhance PVC stabilizer business
Songwon Industrial Co., Ltd. (Ulsan, South Korea; www.songwon.com), the second largest manufacturer of polymer stabilizers in the world and a key global player in the polyvinyl chloride (PVC) stabilizer industry since 1965, has entered into a strategic co-operation agreement with…
McDermott awarded contracts for massive ethylene project in Russia
McDermott International, Inc. (Houston; www.mcdermott.com) announced it has been awarded a technology contract from Baltic Chemical Company (BCC) and an Extended Basic Engineering (EBE) contract from China National Chemical Engineering No. 7 Construction Company Limited (CC7). The ethane cracking project…
Siemens enhances digital twin capabilities with MultiMechanics acquisition
Siemens Digital Industries Software (Plano, Tex.; www.sw.siemens.com) has signed an agreement to acquire MultiMechanics, Inc., developer of MultiMech finite element software that helps companies virtually predict failure in advanced materials at an unprecedented level of speed and accuracy. The company…
KBR awarded first commercial license for vinyl acetate monomer technology
KBR (Houston; www.kbr.com) has been awarded a contract for Vinyl Acetate Monomer (VAM) technology by Shenghong Refining Petrochemical (Lian Yun Gang) Co. Ltd., China. This is the first commercial VAM technology license secured under an alliance agreement between KBR and…
Baker Hughes breaks ground on new chemicals manufacturing facility in Saudi Arabia
Baker Hughes (Houston; www.bakerhughes.com) broke ground on its first chemicals manufacturing facility in Saudi Arabia, designed to help customers improve production, reduce costs, and maximize the value of their assets across the chemicals value chain. The company held a ground-breaking…
BASF Acquires 3D Printing Service Provider Sculpteo
To continue to expand its position as a leading service provider in the additive manufacturing sector, BASF New Business GmbH (Ludwigshafen, Germany; www.basf-new-business.com) has formally agreed to acquire the online 3D printing service provider Sculpteo (Paris, France; www.sculpteo.com). The agreement…