Latest News: Business
DOE funds next-generation efficient lighting
Building on his strong focus on energy efficiency in his first few days in office, U.S. Energy Secretary Ernest Moniz announced today five manufacturing research and development projects to support energy efficient lighting products. The projects will focus on reducing…
Foster Wheeler acquires Mexican engineering company
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has acquired NorthAm Engineering S.A. DE CV (NorthAm; Monterrey, Mexico), a privately held engineering company. NorthAm is one of the largest Mexican engineering and project management companies, with a track record in upstream, offshore…
Borealis inaugurates new catalyst plant at Linz site
Today, Borealis AG (Vienna, Austria; www.borealisgroup.com) has inaugurated a new catalyst plant at its Linz location. The company has invested €100 million in the construction of this facility, which will produce catalysts utilizing the proprietary Borealis Sirius catalyst technology. Catalysts…
Clariant achieves a further milestone in the manufacture of second-generation bioethanol
Clariant (Muttenz, Switzerland; www.clariant.com) is demonstrating the international potential of its process for manufacturing sustainable biofuel through the expansion of Sunliquid technology to further agricultural residues. Following the opening of Germany’s largest demonstration plant for manufacturing ethanol from agricultural residues…
Air Products acquires EPCO
Expanding its portfolio of industrial gases offerings in North America, Air Products (Lehigh Valley, Pa.; www.airproducts.com) has has acquired EPCO Carbon Dioxide Products, Inc. (EPCO; Monroe, La.), a privately-held producer and marketer of liquid carbon dioxide. The acquisition also includes…
Myriant produces bio-succinic acid at commercial scale
Myriant Corp.(Quincy, Mass.; www.myriant.com) announced the successful scaling and commercial production of bio-succinic acid at ThyssenKrupp Uhde's (Dortmund, Germany; www.uhde.eu) biotech commercial validation facility in Leuna, Germany. The production process meets targets for commercial yield and product quality. Myriant and…
Linde NA announces plans for ASU and gasification train in Texas
Linde North America (Murray Hill, NJ; www.lindeus.com) will invest more than $200 million to build a large, state-of-the art air separation unit (ASU), a new gasification train and supporting equipment and facilities in La Porte, Texas. The plants are scheduled…
BASF and Sinopec consider further expansion of Nanjing JV
BASF SE (Ludwigshafen, Germany; www.basf.com) and Sinopec (www.sinopec.com) are considering the extension of their Nanjing joint venture (JV) BASF-YPC Company Ltd. with the expansion of existing ethylene oxide (EO) production, and a new plant for neopentylglycol (NPG). BASF-YPC will further…
Eastman to invest $1.6 billion in Kingsport site
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) chairman and CEO Jim Rogers and Tennessee Governor Bill Haslam today announced a major economic development project referred to as Project Inspire. As part of this project, over the next seven years, Eastman will…
Toyo’s Brazil affiliate awarded contract for hydrogen production facilities
Toyo-Setal Empreendimentos Ltda. (TSE), a Brazilian joint venture capitalized by Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp), has been awarded a contract from Petróleo Brasileiro S.A. (Petrobras) for the construction of hydrogen production facilities (250,000 Nm3/h) to be installed in…