Latest News: Business
Toyo forms bio-pharm business alliance with Middough
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) recently formed a business alliance with Middough Inc. (Cleveland, Ohio; www.middough.com), an engineering company with expertise in pharmaceuticals. The alliance will strengthen business development in bio-pharmaceuticals, which have particularly high market growth potential…
Jacobs awarded contract for sulfuric acid regeneration plant
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract by Jiangsu Sailboat Petrochemical Co. for the design of a sulfuric acid regeneration plant in Lianyungang, Jiangsu, People’s Republic of China. Officials did not disclose the contract value. Under…
Linde takes over JV OCAP in the Netherlands
The Linde Group (Munich, Germany; www.linde.com), has acquired the remaining shares of its partner Volker Wessels Stevin Deelnemingen in the OCAP joint venture (Organic CO2 for Assimilation by Plants). With immediate effect, the supplier of industrial gases is thus the…
Pöyry awarded EPCM assignment in a pulp mill project in Brazil
Pöyry Oyj. (Helsinki, Finland; www.poyry.com) has been awarded an assignment by CMPC Celulose Riograndense for the expansion of the company's Guaiba pulp mill in Rio Grande do Sul state, Brazil. The assignment consists of engineering, procurement and construction management (EPCM)…
Ineos and Sinopec form JV agreement for chemical complex in Nanjing
Ineos Phenol (www.ineosphenol.com) and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today initialled joint venture (JV) agreements for the design, build and future operation of a 1.2-million metric ton (m.t.) cumene, phenol and acetone complex at the Nanjing Chemical Industrial…
Wholesale chemical sales up in January for the U.S.
Sales of chemicals at the wholesale level increased in January in the U.S. by 0.8% to $10.4 billion, according to U.S. Census Bureau data that were discussed in the latest Weekly Chemistry and Economic Report from the American Chemistry Council…
AkzoNobel Chemical Island starts supply to world’s biggest single line pulp mill
AkzoNobel's (Amsterdam, The Netherlands; www.akzonobel.com) new €90-million Jupiá Chemical Island in Brazil is now operational and has started supplying the Eldorado Brasil Celulose pulp mill, which is the biggest in the world. Operated by the company's Pulp and Performance Chemicals…
BASF and Markor plan to establish two JVs for BDO and polyTHF in China
BASF SE (Ludwigshafen, Germany; www.basf.com) and Xinjiang Markor Chemical Industry Co. (Markor; ) plan to establish two joint ventures (JVs) for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF; chemical name: polytetramethylene ether glycol) in Korla, Xinjiang Uygur autonomous region,…
Lanxess invests €80 million in S-SBR production in Brazil
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is strengthening its standing as the world’s leading producer of high-performance rubber. Following a feasibility study, the company has decided to convert production of emulsion styrene butadiene rubber (E-SBR) used in standard tires, to solution…
U.S. specialty chemical market volume slips in January, ACC says
The U.S. specialty-chemical market volume slipped by 0.1% in January, following gains the previous two months, according to the most recent Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Of the 28 market…