The U.S. economy remains in a state of moderately slow growth despite recent activity in the equity markets, and the signals indicate that slow growth will continue into late 2013, according to the June Chemical Activity Barometer (CAB) from the…
Novozymes (Copenhagen, Denmark; www.novozymes.com), has signed a definitive agreement to acquire TJ Technologies Inc. (Watertown, S.D.; www.tjtechnologiesinc.com). With annual revenue close to $15 million, TJ Technologies provides North American farmers with biological solutions designed to enhance plant growth, increase stress…
Enefit Outotec Technology (EOT; Frankfurt, Germany; www.enefit.com/eot), a joint venture (JV) of Estonia's energy group Enefit and Outotec Oyj (Espoo, Finland; www.outotec.com),a global leader in providing minerals and metals processing technology, has brought a pilot plant based on Enefit solid…
Neste Jacobs (Porvoo, Finland, www.nestejacobs.com) and Abu Dhabi based Borouge have signed a long-term contract where Neste Jacobs provides engineering, project management and consultancy (EPMC) Services to Borouge. Under the contract, Neste Jacobs will deliver Borouge specialized services such as…
Alcoa Inc. (Pittsburgh, Pa., www.alcoa.com) the world’s third largest supplier of aluminum, is funneling major investment in France as it builds three new Kawneer facilities in Vendargues, just outside Montpellier. Kawneer manufactures architectural aluminum for the commercial construction industry and is…
UOP LLC (Des Plaines, Ill.; www.uop.com) a Honeywell company, says that its technology has been contracted by PNBV, a subsidiary of Petrobras, to supply UOP Separex membrane systems to process natural gas aboard four Floating Production, Storage and Offloading (FPSO)…
Borealis AG (Vienna, Aurstia; www.borealisgroup.com) has announced a major upgrading project at its production site in Porvoo, Finland. An investment of €65 million will serve to upgrade the Borstar PE2 plant technology to the third generation (3G), thereby extending the…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) and Genomatica (San Diego, Calif.; www.genomatica.com) announce that Lanxess has run a production campaign of bio-based polybutylene terephthalate (PBT) in Lanxess’ world-scale production plant using 20 metric tons (m.t.) of bio-based BDO made with Genomatica’s…
The composite leading indicators (CLIs) for April that were recently released by the Organization for Economic Cooperation and Development (OECD) generally point to moderate improvement in growth for the world’s major economies, according to the latest Weekly Chemistry and Economic…
The U.S. economy continues its slow growth, according to the American Chemistry Council's (ACC; Washington, D.C.; www.americanchemistry.com) monthly Chemical Activity Barometer (CAB) released today. The economic indicator, shown to lead U.S. business cycles by an average of eight months at…