Latest News: Business
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.…
Lubrizol acquires drug-delivery specialist Particle Sciences
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) announces that it has acquired Particle Sciences (www.particlesciences.com), a leading contract drug-development and manufacturing organization with a comprehensive suite of services for the formulation, analysis and production of complex drug delivery solutions. Headquartered in…
Enerkem secures financing, initiates biomethanol production in Alberta
Enerkem Inc. (Montreal, Canada; www.enerkem.com), a waste-to-biofuels and chemicals producer, announced that it has raised C$152.6 million and has initiated the production of biomethanol from non-recyclable household garbage at the Enerkem Alberta Biofuels full-scale facility in Edmonton, Canada. "I must say…
Praxair signs long-term helium purchase agreement
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has taken another step in enhancing its helium supply portfolio by signing a long-term agreement for the purchase of helium from Nacogdoches Oil & Gas (NOG). NOG operates a helium-bearing gas field in Apache…
Air Products receives PED certification for biogas membrane separators
Air Products’ (Lehigh Valley, Pa.; www.airproducts.com) Prism Membranes division in St. Louis, Missouri, has received Pressure Equipment Directive (PED) certification from DNV GL Business Assurance Italia S.r.l. for its newest line of biogas membrane separators. “This certification confirms that…
Evonik purchases hydrogen peroxide producer in the Netherlands
On September 3, 2015, Evonik Industries AG (Essen, Germany; www.evonik.com) signed a definitive agreement for acquisition of PeroxyChem Netherlands B.V. (Delfzijl) from PeroxyChem Holdings, L.P. Subject to pending approval by the cartel authorities responsible, the business with its site…
Siemens becomes a strategic automation partner for GlaxoSmithKline
Siemens AG (Munich, Germany; www.siemens.com) and GlaxoSmithKline (GSK; Brentford, U.K.; www.gsk.com) have entered a global strategic partnership. Siemens will become a strategic partner of GSK in manufacturing automation and thus the preferred automation supplier for GSK production and R&D…
Chemical equity performance fell in August, ACC report says
The S&P index for chemical companies fell by 6.5% in August, while the broader S&P 500 index also fell 6.3%, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The August…
Grace to license Unipol polypropylene technology in South Korea
W.R. Grace & Co. (Columbia, Md.; www.grace.com) announced that it will provide its Unipol polypropylene (PP) technology and services to Hyosung Corporation of Seoul, Korea for its new facility in Ulsan, which is expected to open in 2017. Hyosung is…