Latest News: Business
Foster Wheeler awarded EPC contract for Clean Fuels Project at Salina Cruz
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction (EPC) contract by Pemex Refinacion for an ultra-low sulfur diesel (ULSD) project at the Salina…
CB&I lands gasification-technology contract in China
CB&I (The Woodlands, Rex.; www.cbi.com) has been awarded a contract by Shandong Sincier Petrochemical Co. for the license and engineering design of a gasification unit to be built near Dongying, Shandong Province, China. The unit will utilize CB&I's proprietary E-GasPlus…
Lion Copolymer acquires elastomers business from Ashland
Ashland Inc. (Covington, Ky.; www.ashland.com) and Lion Copolymer Holdings, LLC (Geismar, La.; www.lioncopolymer.com) have announced that they have reached a definitive agreement under which Lion Copolymer will purchase Ashland’s elastomers business based in Port Neches, Tex. The transaction is expected…
Kemira inaugurates its largest water-treatment chemicals plant
Kemira Oyj (Helsinki; www.kemira.com) has announced the inauguration of its biggest water treatment chemicals manufacturing plant. Together with companies involved in the construction, business partners and customers from Germany, France and Benelux, the celebration offers a unique behind-the-scenes glimpse of…
Clariant invests in personal- and home-care segments in Asia
Clariant AG (Muttenz, Switzerland; www.clariant.com) will build a new production facility at its Tangerang site in Indonesia to support regional demands in the personal and home care industry. The overall investment of approx. CHF17 million in combined esterquat and methylquat…
CB&I announces technology award in the Kingdom of Bahrain
CB&I (The Woodlands, Tex.; www.cbi.com) today announced Chevron Lummus Global, a joint venture between CB&I and Chevron, has been awarded a contract in excess of $100 million by Bahrain Petroleum Co. (Bapco). The scope of work includes the license of…
Evonik boosts capacity for special silicas at its Rheinfelden site
Evonik Industries AG (Essen, Germany; www.evonik.com) has officially opened a new production line to manufacture surface-treated fumed silica under the Aerosil brand name. The new line will be located at Evonik’s Rheinfelden, Germany site, which will boost their global production…
Linde to construct air-separation unit in east Germany
The Linde Group (Pullach, Germany; www.linde.com) is set to build a new air-separation unit in the eastern German town of Eisenhüttenstadt, near Frankfurt an der Oder. Around EUR 85 million will be channelled into the plant, which will supply the…
M+W Group receives contract for Merck’s new pharmaceutical facility in China
M+W Group (Stuttgart, Germany; www.mwgroup.net), one of the world’s leading high-tech engineering and construction companies, has been awarded a major order from Merck KGaA (Darmstadt, Germany; www.merckgroup.com) for its new pharmaceutical facility in China. The site, with around 40,000 m2,…
BASF inaugurates chemical complex in India
BASF India Ltd. today inaugurated its large-scale chemical production complex at Dahej in Gujarat, India. With a project cost of INR 1,000 crore (approximately €150 million), the site represents BASF’s single largest investment in India. The site was jointly inaugurated…