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Latest News: Business

German R&D project to develop environmentally sustainable syngas production  

BASF SE (Ludwigshafen; www.basf.com), the Linde Group (Munich; www.linde.com) and ThyssenKrupp AG (Essen, all Germany; www.thyssenkrupp.com) plan to develop an environmentally friendly and competitive basis for utilizing the climate gas carbon dioxide on an industrial scale. They aim to employ…

OSHA announces new program for occupational exposure to isocyanates

The Occupational Safety and Health Administration (OSHA) announced a new National Emphasis Program (NEP) to protect workers from the serious health effects from occupational exposure to isocyanates. OSHA will develop an NEP to focus outreach efforts and inspections on specific…

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Praxair enters into industrial gas JV with Kuibyshevazot  

Praxair, Inc. (Danbury, Conn.; www.praxair.com) has entered into a definitive agreement to form a joint venture (JV) with OJSC KuibyshevAzot (Moscow, Russia; www.kuazot.ru), in central Russia’s Samara region, to produce and sell industrial gases. The JV will produce on-site oxygen,…

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Borealis acquires GPN and majority of Rosier European market  

Borealis AG (Vienna, Austria; www.borealisgroup.com) says it has fully acquired GPN SA from the Total Group. GPN S.A. is France’s largest nitrogen fertilizer manufacturer. Borealis is already active in nitrogen fertilizers in Central Europe, as well as in France following…

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Solvay boosts vanillin production capacity with new facility in China  

Solvay S.A. (Brussels, Belgium; www.solvay.com) plans to build a new state-of-the-art facility to manufacture vanillin in Zhenjiang City, in China's Jiangsu Province, boosting its production capacities by 40% and enabling the Group to better serve the fast-growing Asian market. Solvay…

Eastman to expand heat transfer fluid capacity in Wales

Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) broke ground on a capacity increase for its Therminol heat transfer fluids. The plant expansion, located in Newport, Wales, will be a new manufacturing facility capable of producing Therminol 66 and other biphenyl-based co-products.…

Siemens acquires rolling mill specialist Service Guide

Siemens Industry, Inc. (Erlangen, Germany; www.siemens.com/industry) announced it has completed the acquisition of Service Guide, Inc. (Cortland, Ohio), a company that has provided repair and refurbishing services for steel and aluminum mills since 1964. The agreement includes three of the…

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Technip awarded contract for two hydrogen reformers in Venezuela  

Technip (Paris, France; www.technip.com) was awarded by the Hyundai-Wison consortium a significant contract to supply its proprietary technology as well as engineering and procurement services for two hydrogen reformers in Venezuela. These 135-million standard cubic feet per day (151,000 Nm3/h)…

Virent secures DOE award for next-generation biofuel conversion  

Virent (Madison, Wisc.; www.virent.com) announced it has received a federal award of up to $4 million, subject to final contract negotiations with the U.S. Dept. of Energy (DOE; Washington, D.C.; www.energy.gov) , to develop carbon conversion efficiency of biomass to…

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Metso finalizes order agreement with CMPC Celulose Riograndense  

Metso Corp. (Helsinki, Finland; www.metso) and CMPC Celulose Riograndense S.A. (CMPC) have finalized the agreement, according to which Metso will supply the key technology to CMPC's Guaíba II pulp line in Brazil. The total value of the project is around…