Latest News: Business
MHI and Mitsubishi to build large-scale fertilizer plant in Uzbekistan
Mitsubishi Heavy Industries, Ltd. (MHI; www.mhi-global.com) and Mitsubishi Corp. (MC; both Tokyo, Japan; www.mitsubishicorp.com) will build a large scale ammonia and urea fertilizer production plant for Navoiyazat Joint Stock Co. (Navoiyazat JSC), a chemical production company of the Uzkimyosanoat…
Genomatica and Cargill announce collaboration for renewable chemicals production
Genomatica (San Diego, Calif.; www.genomatica.com) and Cargill (Minneapolis, Minn.; www.cargill.com) have entered into a collaboration agreement to accelerate the production of renewable chemicals for industrial applications. The collaboration will give chemical producers, distributors and users access to a reliable, cost-effective…
BASF to set up new global business unit combining all pigments activities
BASF SE (Ludwigshafen, Germany; www.basf.com) will form a global business unit (GBU) combining all of its pigments activities effective January 2016. In the second half of 2016, BASF intends to carve out its pigments business and establish separate legal…
Solvay considers new on-site H2O2 production capacity in Russia
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement with Siberwood LLC to examine the construction of new hydrogen peroxide capacity in Russia, using Solvay’s innovative myH2O2 technology, which is particularly suitable for large customers requiring secure on-site production…
Victrex acquires polymer-gear manufacturer Kleiss Gears
Victrex plc (Thornton Cleveleys, U.K.; www.victrex.com) has announced the acquisition of U.S.-based polymer-gears specialist Kleiss Gears Inc. (www.kleissgears.com). Kleiss Gears has a proven track record stretching over 20 years of replacing and complementing metal gear systems with high-performance engineering polymer…
UOP to provide process technology for Ningxia Baota petrochemicals complex
UOP LLC (Des Plaines, Ill; www.uop.com), a Honeywell company, announced that China’s Ningxia Baota Chemical Fiber Co. will use Honeywell UOP’s latest-generation technologies and equipment to build an energy-efficient petrochemical complex. The Yinchuan City, Ningxia, China, complex will produce valuable…
Watson-Marlow acquires MasoSine pumps business in Japan
Watson-Marlow Fluid Technology Group (WMFTG; Cornwall, U.K.; www.wmftg.com) has acquired the MasoSine sinusoidal pump manufacturing and distribution business from PRIMIX Corp. in Japan, through its parent company Spirax-Sarco Engineering plc, for £2.8 million. This acquisition will further strengthen the level…
BASF and Petronas to build a polyisobutene production plant in Kuantan
BASF SE (Ludwigshafen, Germany; www.basf.com) and Petronas Chemicals Group Berhad (PCG; www.petronaschemicals.com.my) will build a new world-scale production plant for highly reactive polyisobutene (HR-PIB) at the site of their existing joint venture, BASF Petronas Chemicals Sdn Bhd (www.basf-petronas.com.my), in…
CB&I to supply steam reformer and equipment to Afipsky Oil Refinery in Russia
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract in excess of $90 million by NefteGazIndustriya, LLC, through project developer MAVEG Industrieausruestungen GmbH, for the Afipsky Oil Refinery. The scope of work includes detailed engineering, procurement, fabrication and…
GFBiochemicals starts up world’s first commercial-scale plant for bio-based levulinic acid
Bio-based chemical company GFBiochemicals Ltd. (Milan, Italy; www.gfbiochemicals.com) has started commercial production at its new levulinic acid plant in Caserta, Italy, which has a production capacity of 10,000 metric tons per year (m.t./yr). The announcement was made at the BIO…