Latest News: Business
Praxair to supply ArcelorMittal in Brazil
White Martins, the Brazil-based subsidiary of Praxair, Inc. (Danbury, Conn.; www.praxair.com), has signed an agreement with ArcelorMittal to supply oxygen to ArcelorMittal’s steel production facility located in João Monlevade, in southeast Brazil. White Martins will build a new air separation…
SNC-Lavalin: Copper-smelter project in Serbia
SNC-Lavalin, Inc. (Montreal, Canada; www.snclavalin.com) has been awarded an engineering, procurement and construction (EPC) contract by Rudarsko - Topionicarski Basen Bor Grupa (RTB-Bor) for the modernization of its existing copper smelting complex in Eastern Serbia. SNC-Lavalin’s portion of the contract…
Fluor: EPC contract for LNG project in Australia
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded an engineering, procurement and construction (EPC) contract by Santos Ltd. (STO AU) for its Gladstone Liquefied Natural Gas (GLNG) project in Queensland, Australia. Fluor's EPC contract includes upstream facilities associated with the 7.8-million…
Hyperion: OTS for India’s largest ethylene plant
Hyperion Systems Engineering Ltd. (Hyperion; Nicosia, Cyprus; www.hyperionsystems.net) will supply the Operator Training Simulator (OTS) for an ethylene cracker and associated units, which form part of a polymer complex to be built in Dahej, India, that will manufacture 1.1-million ton/yr…
Lanxess invests in Krefeld-Uerdingen site
Lanxess AG (Leverkusen, Germany: www.lanxess.com) is strengthening its Krefeld-Uerdingen, Germany, site by investing about EUR 40 million in two major projects for the Basic Chemicals (BAC) business unit. It is building a production plant for the formalin needed to make…
Boehringer to sell Resomer business to Evonik
On 22 December, 2010, Evonik Industries AG (Essen; www.evonik.com) and Boehringer Ingelheim Pharma GmbH & Co. KG (Ingelheim, both Germany; www.boehringer-ingelheim.com signed an agreement on the sale of the Resomer business to Evonik. The completion of the transaction is subject…
CLIs point to accelerating economies in several countries, ACC says
Citing late-2010 data from the Organization for Economic Cooperation and Development (OECD; Paris; www.oecd.org), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) says in its latest Weekly Chemistry and Economic Trends report that composite leading indicators (CLIs) for several of…
Pöyry: Engineering contract for pulp mill in Brazil
Pöyry Plc's(Helsinki, Finland; www.poyry.com) Industry Business Group has been awarded a basic and detailed engineering contract by Eldorado Celulose e Papel Ltda for the Balance of Plant(BOP) of the 1.5 million ton/yr bleached eucalyptus market pulp mill to be built…
Linde & Air Products form HCl JV
Linde Gas North America (Murray Hill, N.J.; www.lindeus.com) and Air Products (Lehigh Valley, Pa.; www.airproducts.com) have formed Hydrochlor, a 50-50 joint venture (JV) to supply high-purity anhydrous hydrochloric acid to the electronics and other industries. As part of the agreement,…
Lanxess: First acquisition in Argentina
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is expanding its activities in Latin America. The specialty chemicals company’s wholly-owned subsidiary Rhein Chemie (Mannheim, Germany) has acquired Argentina-based Darmex S.A. (Buenos Aires) — a leading manufacturer of release agents and curing bladders for…