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Latest News: Business

Bayer MaterialScience acquires composite materials specialist

Bayer MaterialScience (Leverkusen, Germany; materialscience.bayer.com) has concluded the takeover of Thermoplast Composite GmbH (TCG; Langenfeld, Germany; thermoplast-composite.com), a technology leader specializing in the production of thermoplastic fiber composites. Bayer MaterialScience will use the acquisition to expand its range of products…

Aveva and EMC to deliver integrated solution for capital projects and asset operations

Aveva (Cambridge, U.K.; www.aveva.com) says it has collaborated with EMC Corp.’s Enterprise Content Division to deliver an integrated software solution for the management and control of engineering data and associated documents. Designed for the specific needs of owner operators (OOs)…

Global and U.S. CPRI rose in January, ACC says

The Global Chemical Production Regional Index (Global CPRI) rose in January on a three-month-moving-average basis, as did the U.S. CPRI, the American Chemical Council (ACC; Washington, D.C.; www.americanchemistry.com) said in its latest Weekly Chemistry and Economic Report. ACC’s Global CPRI…

Becht Engineering acquires Cecon

Becht Engineering Co. (Liberty Corner, N.J.; www.becht.com) has announced that it has acquired The Cecon Group (Wilmington, Del.). Terms of the transaction were not announced. Becht Engineering provides engineering consulting services to the energy sector, including oil-and-gas production, refining, petrochemical,…

Victrex to construct U.K. polymer innovation center

Victrex plc (Thornton Cleveleys, U.K.; www.victrex.com), a leader in high-performance polyaryletherketone (PAEK) polymers is planning to increase its global technology leadership with the construction of a major Polymer Innovation Center in northern England. Financial assistance for the project has come…

Air Liquide to build large ASU at Sasol’s Secunda site

Air Liquide (Paris, France; www.airliquide.com) and Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) have signed a longterm agreement for the supply of large quantities of industrial gases to Sasol’s Secunda site (around 140 km East of Johannesburg, South Africa). Air Liquide will invest…

Jacobs awarded contract from Bristol-Myers Squibb

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has received a contract from Bristol-Myers Squibb Co. to provide architectural and engineering services for a new large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland. The facility is being designed to produce…

Solvay to build specialty polymers PEEK-production unit in U.S.

Solvay S.A. (Brussels, Belgium; www.solvay.com) is building a new specialty polymers resin unit in the U.S., significantly expanding its production capacity of PEEK (polyether etherketone) and solidifying itself as a leader in the industry with a unique site presence in…

Polypore acquired by Asahi Kasei, following sale of separations-media segment to 3M

Asahi Kasei Chemicals Corp. (Tokyo, Japan; www.asahi-kasei.co.jp) has entered into a definitive merger agreement to acquire Polypore International, Inc. (Charlotte, N.C.; www.polypore.net), a manufacturer of microporous membranes, which currently has two business segments: Energy Storage and Separations Media. In conjunction…

ThyssenKrupp wins order for Hungarian nitric-acid plant

ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has won a followup order from the Hungarian fertilizer manufacturer Nitrogénmüvek Zrt. to expand its production capacity. A 1,150 metric ton per day (m.t./d) nitric acid plant is to be built at Pétfürdö,…