Latest News: Business
UOP’s MTO technology selected in China to produce chemicals
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that China’s Wison (Nanjing) Clean Energy Company Ltd. has selected UOP technology to convert methanol into building blocks for chemical products at an existing coal chemical complex in China.…
Ube licenses lithium-ion battery technology to ATL
Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) has reached agreement with Amperex Technology Ltd. (ATL; Hong Kong; www.atlbattery.com) to license several Ube-owned patents on lithium-ion rechargeable batteries and electrolytes to ATL. The agreement will serve to strengthen the business relationship between…
Eaton to acquire E. Begerow
Diversified industrial manufacturer Eaton Corporation (Cleveland, Ohio; www.eaton.com) today announced it has agreed to acquire E. Begerow GmbH & Co. KG (Langenlonsheim, Germany; www.begerow.com), a leading system provider for advanced liquid-filtration solutions. E. Begerow develops and produces technologically innovative filter…
Global chemical industry output expected to grow, ACC mid-year report says
Total output for the global chemical industry is expected to grow by 4.8% in 2011, 5.3% in 2012, and 4.7% in 2013, according to forecasts in the mid-year economic report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). In…
Outotec to deliver the world’s largest iron-ore pelletizing plant in Brazil
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Samarco Mineração S.A. on a turnkey delivery of the world's largest iron-ore pelletizing plant in Brazil. The contract value is approximately €200 million, which will be booked in Outotec's second quarter order…
Topsøe to supply WSA sulphuric-acid-production plant in Peru
Procesadora Industrial Río Seco S.A., Cia. De Minas Buenaventura, wholly owned chemical subsidiary, and Haldor Topsøe (Lyngby, Denmark; www.topsoe.com) have signed a contract for supply of a Wet gas Sulphuric Acid (WSA) plant for production of sulphuric acid at a…
Thomas Wessel to succeed Ralf Blauth on Evonik’s executive board
Thomas Wessel has been appointed to the executive board of Evonik Industries AG (Essen, Germany; www.evonik.com) as chief human resources officer effective September 1, 2011. Wessel is currently a member of the board of management and chief human resources officer…
Samsung Engineering inks HDPE petrochemical contract from OPaL
Samsung Engineering (Seoul, Korea; www.samsungengineering.co.kr) has signed a high-density polyethylene plant (HDPE) order contract for $229 million from OPaL (ONGC Petro Additions Ltd. ), a subsidiary of India s national oil company ONGC (Oil & Natural Gas Corporation Ltd.). The…
Toyo awarded contract to provide urea production technology in India
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) has concluded a contract covering licensing and development of basic design for a urea production plant in the fertilizer complex to be constructed at Kanpur in the State of Uttar Pradesh by Jaiprakash…
AMEC appointed project management contractor for chemical complex in China
AMEC Plc. (London, U.K.; www.amec.com) has been appointed by BASF Polyurethane (Chongqing) Co. and Chongqing Chemical and Pharmaceutical (Group) Holding Co. (CCPHC) as the project management contractor for the development of a new 400,000-metric-ton-per-year MDI (diphenylmethane diisocyanate) facility at Changshou,…