Latest News: Business
Tecnimont awarded contract for Socar polypropylene plant
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announces that its subsidiaries Tecnimont S.p.A. and KT – Kinetics Technology S.p.A have reached an agreement with Socar Polymer for the award relating to the realization of a polypropylene plant and relevant utilities and…
Pentair expands Korean operations with new ball-valve manufacturing facility
Pentair plc’s (Minneapolis, Minn.; www.pentair.com) Valves & Controls business has announced the expansion of its Anseong manufacturing facility in South Korea. The plant will now also produce trunnion-mounted ball valves under Pentair’s FCT brand, reflecting the company’s commitment to meeting…
Clariant opens new desiccant-manufacturing plant in China
Clariant AG (Muttenz, Switzerland; www.clariant.com), a world leader in specialty chemicals, has opened a new desiccant manufacturing plant at its site in Zhengjiang, China. Clariant will produce its line of Container Dri II products alongside a full range of desiccant…
Chemical equities dip in March, ACC says
The S&P Index for chemical companies fell by 4.6% in March, according to the latest Weekly Chemistry and Economics Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The decline in chemical equities is larger than the dip in…
Siluria starts up natural-gas-to-ethylene demonstration plant
Siluria Technologies (San Francisco, Calif.; www.siluria.com) held a grand opening event announcing the successful startup of its demonstration plant located in La Porte, Texas. The plant is wholly owned by Siluria, and co-located at a plant operated by Braskem America,…
Titan Metal Fabricators appoints new VP
Titan Metal Fabricators (Camarillo, Calif.; www.titanmf.com) has announced the promotion of Nick Zentil to vice president, sales and marketing, for Titan’s global operations. Since joining Titan in 2006, Zentil has held a series of engineering and operational management positions, most…
ThyssenKrupp Uhde Chlorine Engineers starts business operations
The joint venture between plant engineering and construction specialist ThyssenKrupp Industrial Solutions AG (Dortmund, Germany; www.thyssenkrupp-industrial-solutions.com) and electrochemical technologies supplier De Nora S.p.A. (Milan, Italy; www.denora.com) was concluded successfully on April 1st, 2015. It will trade under the name ThyssenKrupp…
Sipchem starts up manufacturing facility for EVA and LDPE
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia; www.sipchem.com) has announced the commencement of commercial operation of the ethylene vinyl acetate (EVA) and low-density polyethylene (LDPE) plant of the International Polymers Co. (a Sipchem affiliate), after successful completion of…
Sinopec Engineering and EMRE to develop fluidized-bed MTG technology
Sinopec Engineering (Group) Co. (SEG; Beijing, China; www.sinopecgroup.com) and ExxonMobil Research and Engineering Co. (EMRE; Fairfax, Va.; www.exxonmobil.com/refiningtechnologies) are participating in a cooperative development agreement (CDA) for the advancement of fluidized-bed methanol-to-gasoline (MTG) technology. The CDA will leverage the two…
Haldor Topsøe and Ferrostaal to form joint venture
Ferrostaal GmbH (Essen, Germany; www.ferrostaal.com), a leading global project developer for industrial plants, and Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com), a world leader in catalysis and related process technologies, have established Ferrostaal Topsoe Projects GmbH, a new joint venture (JV)…