Mobile Navigation

Latest News: Business

German E&C: Large industrial plant manufacturing industry takes on new challenges  

“The member companies of Germany’s Large Industrial Plant Manufacturer’s Group (AGAB; Frankfurt am Main; www.grossanlagenbau.vdma.org) booked orders worth €24.9 billion in 2011, an 11% increase compared to the previous year (€22.4 billion in 2010)”, announced Helmut Knauthe, AGAB spokesman and…

U.S. and global chemical production rose in February, ACC report says

Both the global and U.S. chemical production regional indices (Global CPRI and U.S. CPRI, respectively) rose in February, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   The global CPRI…

Member Exclusive

GEA builds milk powder plant in New Zealand  

GEA Group AG (Düsseldorf, Germany; www.geagroup.com) has received an order worth more than €70 million from Fonterra in New Zealand. The order will be handled by the GEA Process Engineering Segment. The new whole milk powder plant which only utilizes…

Member Exclusive

DSM to launch new line of bio-based materials via Brazilian partnership  

Royal DSM N.V. (Heerlen, the Netherlands; www.dsm.com) has signed a Memorandum of Understanding between its U.S.-based Business Unit DSM Functional Materials and Empresa Brasileira de Biotecnologia S.A. (Ebrabiotech; Araraquara, Brazil) for the launch of a new line of DSM-branded bio-based…

Member Exclusive

WorleyParsons lands EPCM contract for major copper concentrator project  

WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded the engineering, procurement and construction management (EPCM) contract for the delivery of the Tsagaan Suvarga copper-molybdenum concentrator project for the Mongolyn Alt (MAK) Corp. MAK is the largest privately owned company…

Member Exclusive

Samsung Engineering awarded EPC contract in Iraq  

Samsung Engineering (Seoul, Korea; www.samsungengineering.co.kr) officially signed a contract, worth approximately $1 billion, with LUKOIL Mid-East Ltd. for the project management, engineering, procurement, supply, transportation, construction, pre-commissioning of facilities comprising the Oil Gathering System, Central Processing Facilities and Water Supply…

Member Exclusive

Air Products acquires Xebec’s adsorption technology  

Air Products (Lehigh Valley, Pa.; www.airproducts.com) has acquired advanced adsorption technology assets for its Generated Gases product lines from Xebec Adsorption, Inc. (Blainville, Quebec, Canada) In this acquisition, Air Products purchased the technology, intellectual property and know-how related to structured…

Member Exclusive

Lucite International boosts MMA & MAA production in the U.S.  

Lucite International, Inc. Memphis, Tenn.; www.luciteinternational.com) says that it is progressing with its investment to establish 150,000-ton/yr production of methyl methacrylate (MMA) in 2012 at its Beaumont, Tex., facility. The company will continue to produce MMA at its Memphis, Tenn.,…

Member Exclusive

Jacobs wins new acid plant contract for Teck’s Trail smelter  

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has received a contract from Teck Metals Ltd. to design and supply a new sulfuric acid plant for its Trail operation located in British Columbia, Canada. Officials estimate the contract value to be…

Member Exclusive

Evonik breaks ground on new organics production facility in Shanghai  

Evonik Industries AG (Essen, Germany; www.evonik.om) broke ground to mark the official start of the construction for the upper two-digit-million-euro investment in Shanghai, China on March 20, 2012. The ceremony was attended by more than 200 guests including government officials,…