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…
The future impact of rising emissions on the health of seas and oceans may be far more wide-ranging and complex than was previously supposed, a new report released at the UN climate convention meeting in Vancun, Mexico says.The study, entitled…
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,…
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…
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,…
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…
Recognizing that oil exploration increasingly involves reservoir fluids at pressures and temperatures not previously encountered, Cambridge Viscosity (Medford, Mass.; www.cambridgeviscosity.com) and Schlumberger (www.slb.com) have formed a collaborative effort to define and develop viscosity standards appropriate for these new conditions. The…