Latest News: Business
KSB extends India foundry
German pump manufacture KSB Group (Frankenthal, Germany; www.ksb.com) has expanded the steel foundry capacities at its Indian site of Vambori over the past months. Two new natural gas-fired furnaces contribute to increasing the steel castings output from 300 ton/yr to…
Haldor Topsøe: Contracts with YPF Argentina
YPF Argentina and Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) have signed two contracts for the production of hydrogen and ultra low sulphur diesel (ULSD) at the Lujan de Cuyo Refinery in Mendoza Province. Topsøe will supply a skid mounted compact…
Teijin acquires NanoGram
Teijin Ltd. (Tokyo; www.teijin.co.jp) has acquired NanoGram Corp. (Milpitas, Calif.; www.nanogram.com) to function as a U.S. base for the development of silicon inks with semiconductor properties and the processes to manufacture such inks. As a wholly owned subsidiary of Teijin, NanoGram…
Air Liquide acquires German syngas plant
Air Liquide (Paris, France; www.airliquide.com) has signed an agreement with OXEA GmbH for the acquisition of its syngas plant based in Oberhausen (Rhine-Ruhr area), Germany. Anti-trust authorities have given their approval. This large plant has a production capacity of approximately…
Employment reports disappointing, but slow recovery continues, ACC report says
Recent employment data were worse than expected and disappointing overall, says the American Chemistry Council (ACC; Arlington, Va.; www.americanchemistry.com) in its latest Weekly Chemistry and Economic Report. Nevertheless, ACC says, other data were more positive, and “a slow recovery…
Outotec lands iron-ore project in Australia
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded orders for Australia's Karara Iron Ore Project worth more than €28 million. Outotec’s solution includes design, supply, delivery and installation of the complete flotation circuit along with all filtration technology for the project.…
Axens to acquire activated alumina business
Axens (Rueil Malmaison, France; www.axens.net) has signed an Asset Sale Agreement (ASA) with Canada-based Rio Tinto Alcan regarding the sale by Rio Tinto Alcan of its activated alumina business in Brockville, Ontario, Canada. “Acquisition of Rio Tinto Alcan's Brockville will…
Iridos begins production of LCD pastes
Solvay SA (Brussels, Belgium; www.solvay.com) and Nepes (Seoul, Korea; www.nepes.co.kr) announce that their 50/50 joint venture (JV) Iridos is now (as from 2 August 2010) a fully integrated production company. Iridos was specialized in marketing and sales of pastes used in…
ITT completes acquisition of Godwin Pumps
ITT Corp. (White Plains, N.Y.; www.itt.com) has finalized the acquisition of Godwin Pumps, as first announced on June 21, 2010. Godwin is a leading supplier of automatic self-priming portable pumps used in the growing markets for drainage pump rental, services and…
CSB will investigate recent accident at Horsehead Holding Co.
The U.S. Chemical Safety Board (CSB, Washington, D.C.; www.csb.gov) has announced that it will be conducting a full investigation into the July 22, 2010, explosion and fire that killed two workers at the Horsehead Holding Co. zinc-recycling facility located in…