Graham Corp. (Batavia, N.Y.; www.graham-mfg.com), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, has been awarded three orders totaling approximately $4.8 million for specialized condensers, liquid ring pump packages and ejector systems to…
After sparing capital spending in late 2008 and 2009, chemical companies around the world have collectively spent more on new plants and equipment in 2010, the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) says in its Year-end 2010 Situation and…
Technip (Paris, France; www.technip.com) has been awarded by Sonatrach, the Algerian national oil company, a contract for the refurbishment and revamping of the Algiers refinery. This lump sum turnkey contract, worth approximately 67.9-billion Algerian Dinars ($908 million), will last 38…
Technip (Paris, France; www.technip.com) has been awarded by Total an engineering, procurement services and construction management contract to increase the capacity of the hydrocracker at the Normandy refinery located in Gonfreville, France. This project, which is part of a larger…
The Dow Chemical Co. (Midland, Mich.; www.dow.com) today announced that its largest manufacturing facility in Brazil, the Aratu Complex, will add biomass to its portfolio of clean energy sources by the end of 2012. Upon project completion in December 2012,…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Ineos Industries Holdings Limited (Lyndhurst, U.K.; www.ineos.com) have announced their intention to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based…
ABB (Zurich, Switzerland; www.abb.com) and Baldor Electric Co. (Fort Smith, Ark.) have agreed that ABB will acquire Baldor in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement,…
Lummus Technology (The Woodlands, Tex.), a CB&I company (www.cbi.com), has been awarded a contract by Liaoning Tongyi Petrochemical Co. for the license and engineering design of grassroots OCT olefins-conversion units and Catofin dehydrogenation units at several of its sites in…
The Dow Chemical Company (Midland, Mich.; www.dow.com) has increased its monopropylene glycol (MPG) capacity by 15%, an additional 35,000 ton/yr, in the Stade, Germany plant after completion of an advanced energy improvement and technology optimization project. “The investment in our…
Süd-Chemie AG (www.sud-chemie.com) and the Technical University of Munich (both Munich, Germany; www.tum.de) have formed a strategic alliance for catalysis research. In addition to basic research in the field of catalysis, a major aspect of this co-operation will be the…