Latest News: Business
Cristal Global announces TiO2-industry partnership with Outotec
Cristal Global (Jeddah, Saudi Arabia; www.cristalglobal.com), one of the leading vertically integrated titanium-chemicals companies in the world, has announced a “groundbreaking” partnership with Outotec Oyj (Espoo, Finland; www.outotec.com), a leading provider of sustainable minerals and metals processing solutions. The parties…
Lanxess acquires U.S. biocide specialist Verichem
Lanxess AG (Leverkusen, Germany) is strengthening its portfolio of biocides with the acquisition of Verichem Inc. (Pittsburgh, Pa.). As a result, the German specialty chemicals company will significantly bolster its position in the U.S. material protection market and broaden its…
U.S. wholesale chemical trade surges upward, but overseas recession likely
Sales of chemicals at the wholesale level increased by 7.8% in October, according to data from the U.S. Census Bureau that was discussed in the latest installment of the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Weekly Chemistry and Economic…
LanzaTech makes its first commercial sale
LanzaTech (Roselle, Ill.; www.lanzatech.com) has just signed its first commercial customer, marking a milestone in the clean energy technology company’s global development. The customer is Concord Enviro Systems (India) Pvt. Ltd (CES), a Mumbai-based company which has broad ranging investments…
Siemens to acquire Vistagy
Siemens AG (Munich, Germany; www.siemens.com) expands its industrial software portfolio with the acquisition of Vistagy, Inc. (Waltham, Mass.), a leading supplier of specialized engineering software and services with emphasis on designing and manufacturing structures made of advanced composite materials. An…
Fluor acquires sulfur technology company
Fluor Corp. (Irving, Tex.; www.fluor.com) has made a niche acquisition of Goar, Allison & Associates, a unit of Air Products. The Tyler, Texas-based company provides sulfur technologies for upstream gas plants, downstream refineries and gasification. The acquisition is consistent with…
Outotec process technology for copper-molybdenum project in Chile
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract with Quadra FNX Mining Ltd. for the design and delivery of process solution to the new copper-molybdenum concentrator located in Sierra Gorda, close to Antofagasta in northern Chile. The contract value…
Jacobs awarded contract for Sadara
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded an engineering, procurement and construction management (EPCM) contract for the Chemicals 1 Envelope of Sadara Chemical Co., a joint venture under formation between affiliates of The Dow Chemical Co. and Saudi…
SNC-Lavalin awarded major oil-sands project in Alberta
SNC-Lavalin, Inc. (Montreal, Canada; www.snclavalin.com) has been awarded a major contract by a major oil sands mining producer to provide engineering, procurement and construction (EPC) services for a froth treatment plant in the Fort McMurray region. The value of the…
Outotec receives additional orders from the Russian Petropavlovsk Group
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed two additional contracts for detail engineering and delivery of gold pressure oxidation (POX) technology with the Russian Petropavlovsk Group of Companies. The contracts are together worth €34 million, and they complement contracts disclosed…