As chemical plants look for ways of maintaining operational excellence and productivity at a reduced cost, naturally they will look at new instrumentation technologies that will give them a leading edge over competitors. When it comes to gas measurement, the…
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing a double-digit million euro amount in the construction of a new multi-purpose facility at its Geesthacht location in Northern Germany, 30 km outside the city of Hamburg. The additional capacities created will…
Lanxess AG (Cologne, Germany; www.lanxess.com) is continuing to invest in its global production network for high-performance plastics and is building another compounding facility at its Krefeld-Uerdingen site, Germany, for a mid double-digit million euro amount. Starting in the second half…
PSRE Co. (Piping System Research & Engineering Co.; Moscow, Russia; www.truboprovod.ru), a leading developer of smart simulation and sizing tools for every piping and equipment engineer/designer, is pleased to announce the new version 4.1 of PASS/HYDROSYSTEM scheduled for release beginning…
The preliminary value for the July 2018 CE Plant Cost Index (CEPCI; the most recent available) increased slightly compared to the previous month’s value, although, due to revisions in the values, the final June value was adjusted downward by a…
Evonik Industries (Essen, Germany; www.evonik.com) is expanding its capacities for refinement fumed silica in Rheinfelden, Germany. The group will invest an amount in the low double-digit million euro range to expand its Rheinfelden facility, which further processes hydrophilic silica to…
Fluor Corp. (Irving, Tex.; www.fluor.com) and IBM (Armonk, N.Y.; www.ibm.com) announced today the use of artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction (EPC) megaprojects from inception to completion. Fluor’s extensive engineering,…
Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that its UOP Russell business has introduced a new high-recovery cryogenic gas processing plant that is 50% larger than other pre-engineered plants currently available. With a capacity of 300 million standard cubic feet per…
Haldor Topsoe A/S (Lyngby, Denmark; www.topsoe.com) has signed a shareholder agreement for a 11.7% stake in the Ramagundam fertilizer plant in Telangana, India, together with the Danish government-owned fund IFU and The Danish Agribusiness Fund (DAF). The Ramagundam project comprises…
Momentive Performance Materials Inc. (Waterford, N.Y.; www.momentive.com) and SJL Partners LLC, KCC Corp. and Wonik QnC Corp. (collectively, the “Investor Group”) announced that they have entered into a definitive merger agreement whereby the Investor Group will acquire Momentive in a transaction…