Latest News: Business
$1.075 billion contract for construction of Borouge 3 ethane cracker in Abu Dhabi signed
Borouge (Abu Dhabi in the UAE; www. borouge.com), a joint-venture between the Abu Dhabi National Oil Company (ADNOC), Borealis (Vienna, Austria; www.borealisgroup.com) and The Linde Group (Munich, Germany; www.linde.com) formally signed a $1.075-billion contract for the construction of a 1.5…
Borouge awards three EPC contracts for Borouge 3 expansion project
Borouge, a joint-venture between the Abu Dhabi National Oil Co. and Borealis has awarded three major Engineering, Procurement and Construction (EPC) contracts valued at approximately $2.6 billion for its Borouge 3 expansion project in Ruwais, Abu Dhabi, in the UAE. These…
Fluor awarded contracts by Ma’aden-Alcoa JV
Fluor Corp. (Irving, Tex.; www.fluor.com) has won a series of contracts from the joint venture comprising Saudi Arabian Mining Co., also known as Ma’aden, and Alcoa, to provide program management consultancy (PMC) and engineering, procurement and construction management (EPCM) services for…
Lanxess invests $10 million in Gevo
Lanxess AG (Leverkusen, Germany; www.lanxess.com), the world’s largest producer of synthetic rubber, has invested in U.S. biofuel & biochemical company Gevo, Inc. (Denver, Colo.; www.gevo.com) as part of a proposed cooperation to produce isobutene from renewable resources. The companies aim…
Cognis opens new APG facility in China
Cognis GmbH (Monheim, Germany; www.cognis.com) today officially opened a new state-of-the-art production facility for alkyl polyglucoside (APG) surfactants at its site in Jinshan, China. The company also signed the Responsible Care Charter there. Along with its other two production sites for…
Laos instant-coffee plant for GEA Niro
GEA Niro (Soeborg, Denmark; www.niro.com) has recently won a contract worth several million Euros with Dao Heuang Group in Laos for the delivery of a complete instant coffee processing line. When in full production the processing line will produce 3,000…
Dr. Henrik Topsøe receives ACS award
Dr. Henrik Topsøe has been selected as the winner of the 2010 Distinguished Researcher Award from The Petroleum Chemistry Division of American Chemical Society (ACS). The award recognizes Dr. Henrik Topsøe for his outstanding research contributions to the understanding of…
Sonara refinery upgrade in Cameroon
Cegelec (Paris, France; www.cegelec.com), an international group providing technological services to companies and public authorities, has signed a turnkey contract (EPCC) with Cameroon’s Société Nationale de Raffinage (Sonara) to upgrade the management system and replace the instrumentation and control systems…
Novozymes and Ceres partner on biofuel crops
Energy crop company Ceres, Inc. (Thousand Oaks, Calif.; www.ceres.net) and Novozymes (Franklin, N.C.; www.novozymes.com), the world’s largest enzyme provider, have entered a research collaboration to co-develop customized plant varieties and enzyme cocktails for the production of cellulosic biofuel. The companies expect…
Global Chemical Production Rises in April, ACC report says
Global chemical industry production rose by 0.6% in April, the 13th gain in the past 14 months, according the American Chemistry Council (ACC; Arlington, Va.; www.americanchemistry.com). ACC's Weekly Chemistry and Economic Trends report for May 21 states that production gains…