Latest News: Business
Jacobs finalizes sale of French subsidiary
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has entered a share purchase agreement (SPA) to transfer operations within its Jacobs France subsidiary to NOX SARL in France. The transaction value was not disclosed, and was settled in cash at completion.…
WorleyParsons awarded LyondellBasell project management contract
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded an Integrated Project Management Team (IPMT) contract by LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com), one of the world’s largest plastics, chemical and refining companies. LyondellBasell proposes to build a propylene oxide and…
Mitsubishi Chemical and Mitsui Engineering to produce and sell zeolite membranes for U.S. bioethanol market
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-kagaku.co.jp) and Mitsui Zosen Machinery & Service, Inc. (MZM), a subsidiary of Mitsui Engineering & Shipbuilding Co. have agreed to form a business tie-up to produce and sell zeolite membranes. With the goal of entering…
Jacobs wins three-year Sipchem contract
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) received a three-year contract from Saudi International Petrochemical Company (Sipchem) to provide general engineering services at Sipchem’s Jubail Industrial City facilities in Saudi Arabia. Under the terms of the contract, Jacobs is expected…
Johnson Matthey names new financial director
Johnson Matthey (London; www.matthey.com) has announced that Anna Manz will join the company's board on 17th October 2016, succeeding Den Jones as Group Finance Director. This follows the announcement on 2nd March that Den Jones will step down as Group…
Black & Veatch passes performance acceptance at First Prico-NGL facility
Black & Veatch (Overland Park, Kan.; www.bv.com) today announced the first facility licensing its proprietary Prico-NGL gas-processing technology successfully passed performance acceptance. Located in Alberta, Canada, the facility is using Prico-NGL to extract valuable natural gas liquids (NGL) from the…
Evonik opens new competence center for silanes at its Rheinfelden site
On July 14, Evonik Industries AG (Essen, Germany; www.evonik.com) held the inauguration ceremony for a new silanes competence center at its Rheinfelden, Germany site, thereby continuing its expansion in research and development in the area of silane technology. The specialty…
Praxair expands helium supply in Central Europe
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a long-term agreement for the purchase of liquid helium from Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG), a leader in the Polish natural-gas market, as well as the only producer of helium in…
PPG announces executive appointment
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced that Jeff Oravitz, previously chief executive officer of MetoKote, is appointed vice president of PPG coatings services and president of PPG-MetoKote, reporting directly to Viktor Sekmakas, PPG executive vice president. PPG announced July…
Outotec to deliver process equipment for Polymetal’s gold project in Kazakhstan
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded a contract by Bakyrchik Mining, a subsidiary of Polymetal International Plc, for the delivery of process equipment to the gold project Kyzyl in north-eastern Kazakhstan. The parties have agreed not to disclose…