Akzo Nobel N.V. (Amsteredam, the Netherlands; www.akzonobel.com) today announced the sale of its National Starch business to Corn Products International (Westchester, Ill.). The company will receive $1.3 billion in cash and the buyer will assume certain pension and employee benefit liabilities.…
Overall production in the chemical industries fell by 0.9% in May, following a 0.4% gain in April, but wider industrial production surged ahead by a greater-than-expected 1.2% in May, the American Chemistry Council (ACC; Arlington, Va.; www.americanchemistry.com) Weekly Chemistry and…
RWE Power (Cologne, Germany; www.rwe.com) and Linde-KCA-Dresden GmbH (www.linde-kca.com), a subsidiary of The Linde Group (Munich, Germany; www.linde.com), have signed a framework agreement on the use of technology developed by RWE Power for drying lignite. This turns Linde-KCA-Dresden into a provider…
BASF SE (Ludwigshafen, Germany; www.basf.com) and RTI International (Research Triangle Park, N.C.; www.rti.org), are joining forces to develop a new, exceptionally cost-effective technology to capture carbon dioxide from waste gases emitted by coal-fired power plants and other industrial sources. The…
Bayer MaterialScience (BMS; Leverkusen, Germany; www.bayermaterialscience.com) will continue in the future to network its activities in North Rhine-Westphalia (NRW) at the Leverkusen, Dormagen and Krefeld-Uerdingen Chemparks. This task transfers as of July 1, 2010, to the Bayer subgroup’s newly established NRW…
Pöyry Plc. (Vantaa, Finland; www.poyry.com) has been awarded engineering and project services contract by Kevitsa Mining AB, a subsidiary of First Quantum Minerals Ltd. (FQML), for its Kevitsa nickel/copper concentrator project in Northern Finland. The value of the contract is expected…
Fluor Corp. Irving, Tex.; www.fluor.com) announced that Terrane Metals Corp. (British Columbia, Canada) awarded British Columbia Mining Joint Venture (BCMJV) — a 50:50 joint venture between Fluor Canada Ltd. and AMEC Americas Ltd. — a contract to perform engineering, procurement and…
U.S. Energy Secretary Steven Chu today announced that three projects have been selected to receive up to $612 million from the American Recovery and Reinvestment Act — matched by $368 million in private funding — to demonstrate large-scale carbon capture…
BASF S.E. (Ludwigshafen, Germany; www.basf.com) has started up a new plant for the production of low-molecular-weight, highly reactive polyisobutene (HR PIB) at its site in Ludwigshafen, Germany, thus increasing its capacity by 25,000 metric tons (m.t.) per year to 40,000 m.t./yr.…
Sales of chemicals at the wholesale level grew by 1.4% in April to $8.9 billion, according to data from the American Chemistry Council's most recent Weekly Chemistry and Economic Trends report, out today. The 1.4% gain, which does not include…