Latest News: Business
Dow solar manufacturing construction under way
The Dow Chemical Company (Midland, Mich.; www.dow.com) confirmed today that construction of its new manufacturing facility for production of the Dow Powerhouse Solar Shingle is underway at the Company’s Michigan Operations site in Midland. The new, large scale manufacturing facility…
KBR awarded contract for Australian coal-seam gas pipelines
KBR (Houston; www.hbr.com) has been selected to execute engineering design services for three coal-seam gas (CSG) pipelines designed to carry CSG from gasfields in central Queensland, Australia to an export facility on Curtis Island. The project will be executed for…
SGL Group supplies key component for 1-MWh energy storage system
SGL Group (Wiesbaden, Germany; www.sglgroup.com) delivered graphite soft felt for a 1-MWh VRB (Vanadium Redox Battery) energy storage system from Prudent Energy. As Prudent Energy, the world’s largest manufacturer of Vanadium Flow Batteries, announced, the company completed a 1-MWh energy…
Gevo: Retrofit of world’s 1st commercial-scale biobutonal plant
Gevo, Inc. (Englewood, Col.; www.gevo.com) has begun the retrofit of its ethanol facility in Luverne, Minnesota, to produce biobased isobutanol. This milestone brings the company one step closer to commercial-scale production. The retrofit, which is expected to be complete by…
Air Liquide: Major investment in Santiago region
The Chilean economy is one of the most dynamic in Latin America. The country has enjoyed steady growth over the last 10 years. The Global Competitiveness Report for 2009–2010, a yearly report published by the World Economic Forum, ranks Chile…
Edwards Vacuum factory opens in Korea
Edwards (Crawley, U.K.; www.edwardsvacuum.com) has opened its new state-of-the-art manufacturing facility in Cheonan, Korea to serve its Korean and other global customers. The U.K. Business Secretary, Vince Cable and Edwards CEO, Matthew Taylor, officially opened the site in the presence…
Ashland to acquire ISP
Ashland Inc. (Covington, Ky.; www.ashland.com) and International Specialty Products Inc. (ISP; Wayne, N.J.) today announced that Ashland has agreed to acquire privately owned ISP, a global specialty chemical manufacturer of innovative functional ingredients and technologies. Under the terms of the…
BASF and Ineos sign JV contract for Styrolution
BASF SE (Ludwigshafen, Germany; www.basf.com) and Ineos Industries Holdings Ltd. (Lyndhurst, U.K.; www.ineos.com) have made an important step towards the stablishment of the joint venture (JV) company Styrolution. On May 27, 2011 the companies signed a JV contract, which regulates…
Growth in Global Chemical Production Slows, ACC says
Global chemical production rose only 0.1% in April, continuing a trend of slowing growth in industrial activity over the previous several months, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI). “Industrial…
BASF to build world’s largest single-train TDI plant in Europe
BASF SE (Ludwigshafen, Germany; www.basf.com) will build the world’s largest single-train toluene diisocyanate (TDI) plant in Europe. The plant will have a capacity of 300,000 metric tons (m.t.) per year and will be fully integrated with precursor production. The TDI…