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Latest News: Business

Amec Foster Wheeler awarded contract for Louisiana methanol plant

Amec Foster Wheeler (London, U.K.; www.amecfw.com) announced the award of a contract by Yuhuang Chemical Inc. (YCI), a U.S.-based subsidiary of Shandong Yuhuang Chemical Company Co. (SYCC), for its first major project in the U.S., a world-scale methanol facility on…

Solvay inaugurates sodium bicarbonate plant in Thailand

Solvay S.A. (Brussels, Belgium; www.solvay.com) inaugurated a new sodium bicarbonate plant based in Thailand to meet  growing demand for high-quality products, in healthcare, food  and other consumer goods markets throughout  Asia. Located on Solvay's existing site in Map Ta Phut…

Total to use Eni’s slurry technology for converting heavy feedstocks

Eni S.p.A. (Rome; www.eni.it) and Total S.A. (Paris, France; www.total.com) have entered into a special license and R&D cooperation agreement for Eni Slurry Technology (EST) and started to work together to evaluate and tailor the technology to Total’s requirements. Eni Slurry…

BP to license purified terephthalic acid process technology to Ningxia Baota

BP plc (London; www.bp.com) and Ningxia Baota Chemical Fibre Co. (a majority owned subsidiary of Baota Petrochemical Group) have signed an agreement to license BP’s latest-generation purified terephthalic acid (PTA) technology, the third such deal agreed by BP. Ningxia Baota…

Pepperl+Fuchs acquires a leading provider of HART protocol devices

  Pepperl+Fuchs GmbH (Mannheim, Germany; www.pepperl-fuchs.com) has acquired MACTek Corp. (Twinsburg, Ohio; www.mactekcorp.com), a leading provider of HART protocol devices. The move is part of Pepperl+Fuch´s strategy to further extend its integrated solutions offerings and strengthen its position in the…

Composite leading indicator suggest mixed economic trends, ACC report says

The Organization for Economic Cooperation and Development (OECD; Paris; www.oecd.org) released its composite leading indicator (CLI) for July, and the results, discussed in the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), suggest…

Technip to provide EPC services for Unipetrol HDPE plant

Technip (Paris, France; www.technip.com) was awarded a contract by Unipetrol a.s. (Prague, Czech Republic; www.unipetrol.cz), covering the engineering, procurement and construction (EPC) of a new polyethylene plant (called PE3) in the complex located in Litvinov, Czech Republic. The contract was…

Milliken acquires performance-fabrics producer Springfield LLC

Milliken & Co. (Spartanburg, S.C.; www.milliken.com) announced its acquisition of Springfield LLC, a manufacturer of technical, performance and flame-resistant (FR) fabrics for the safety apparel, fire service, military and occupational markets. Springfield is based in Jericho, N.Y. with offices in…

GE to provide biomass-gasification technology to North Fork bioenergy plant

GE’s Distributed Power business (Schenectady, N.Y; www.ge-distributedpower.com), Western Energy Systems and San Francisco-based Phoenix Energy announced that they have signed an agreement for GE to provide equipment for an integrated biomass-gasification solution to power a bioenergy plant in North Fork,…

Celtic Renewables wins grant to construct advanced biofuels plant

Winning a competition run by the Department for Transport (DfT), Celtic Renewables (Edinburgh; www.celtic-renewables.com) earned an £11million grant to help it build the world’s first plant dedicated to the production of advanced biofuel from the residues of the whisky industry.…