Latest News: Business
Toyo awarded synthetic resin project in Texas
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) has been awarded a contract to construct a synthetic resin (ethylene-vinyl alcohol copolymer, EVOH) production plant with a capacity of 15,000 ton/yr in La Porte, Houston, planned by the Nippon Synthetic Chemical Industry…
Samsung Engineering signs its first deal in Azerbaijan with Socar fertilizer award
Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.co.kr) signed a contract, worth $650 million (€498 million), with State Oil Company of Azerbaijan Republic (Socar), Azerbaijan’s state-owned company, for the Socar Ammonia and Urea Complex project. Socar CEO Rovnag Abdullayev and Samsung…
Ube establishes JV for synthetic rubber production in Malaysia
Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) has established a joint venture (JV) with Lotte Chemical Corp. (Seoul, South Korea), Lotte Chemical Titan Holding Sdn. Bhd. (Kuala Lumpur, Malaysia), and Mitsubishi Corp. (Tokyo, Japan) to manufacture and market butadiene rubber…
CB&I awarded PDH contract in Korea
CB&I (The Woodlands, Tex.; www.cbi.com) announced today that it has been awarded a contract by SK gas, South Korea’s largest importer and distributor of liquefied petroleum gas (LPG), for the license and engineering design of a grassroots propane dehydrogenation (PDH)…
Toyo awarded refinery modernization contract in Tatarstan
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) has been awarded a contract with TAIF-NK (Nizhnekamsk, Republic of Tatarstan, Russian Federation) to provide services for detailed engineering and procurement for the petroleum-refinery modernization project in Nizhnekamsk. TAIF-NK belongs to TAIF PSC…
BASF to start up new FCC catalysts testing and research laboratory in Heidelberg
BASF Corp. (Iselin, N.J.; www.basf.com) has announced that it will start-up a new multi-million euro fluid catalytic cracking (FCC) catalysts testing and research laboratory at the hte AG (the; www.hte-company.com) facility in Heidelberg, Germany. hte is a wholly owned subsidiary…
Davy Process Technology and SEKAB E-Technology form strategic partnership
Davy Process Technology Ltd. (Davy; London, U.K.; www.davyprotech.com), a Johnson Matthey company, and SEKAB (Rotterdam, the Netherlands; www.sekab.com), a leading player in the field of the ethanol based chemicals and biofuels, today announced at World Biofuels Markets that they are…
AkzoNobel and Solvay establish a partnership on renewable solvents
Today, international chemical group Solvay SA (Brussels, Belgium; www.solvay.com) is announcing an agreement to significantly increase the usage of renewable raw materials (or biobased chemicals) within AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) formulations of paints and coatings. The first of a…
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…