Latest News: Business
Uhde and Praxair sign global H2 alliance agreement
In December 2009, Uhde GmbH (Dortmund, Germany; www.uhde.eu) and its daughter firm Uhde Corporation of America (Bridgeville, Pa.), signed a global hydrogen alliance agreement with the Praxair, Inc. (Tonawanda, N.Y.; www.praxair.com). The arrangement effectively covers the areas of steam-reformer-based hydrogen…
Chemical industry inventories lean amid improved economic prospects, ACC report says
The overall economic outlook for the first quarter of 2010 has improved over the end of 2009, although various forces are still constraining recovery, the American Chemistry Council says in a March 18 report on Q1 economics. The 1st Quarter…
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Air Liquide to build ASU in China for steel producer
Air Liquide (Paris; www.airliquide.com) has signed another major long-term contract in the steel industry in China. It will invest about €40 million in Yichun, Heilongjiang Province (northeastern China), 350 km north of Harbin, Heilongjiang’s capital city, to supply Xilin Steel…
Outotec to deliver a copper smelter in China
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded a contract by Tongling Non-Ferrous Metals Group for the design and delivery of a new copper smelter to be built in Jinchang in Anhui province, China. The contract value is approximately €15 million.…
Safety performance indicators to assist major hazard management
The Chemical Business Association (CBA; Crewe, U.K.; www.chemical.org.uk) and the U.K. Warehouse Association (UKWA; London; www.ukwa.org.uk) have today, 16th March 2010, launched guidance for their respective member companies designed to assist in achieving higher levels of major hazard management. Major…
HRST refines performance analysis & modeling by integrating ANSYS software
HRST, Inc. (Eden Prairie, Minn.; www.hrstinc.com) has added to their capabilities in performance analysis and modeling by integrating ANSYS software into the firm’s extensive knowledge of HRSG technologies. “The energy environment has changed in recent years,” Amy Sieben, HRST’s Analysis…
FWC: EPCm contract for Sasol’s Wax Expansion Project
Foster Wheeler AG (FWC; Zug, Switzerland; www.fwc.com) announced today that its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management (EPCm) contract by Sasol for its Fischer-Tropsch Wax Expansion Project to be located at Sasolburg,…
Chemical Inventories-to-Sales Ratio at record low, ACC Report Says
The inventories-to-sales ratio for chemical products fell to a record low in January, suggesting increased production could follow, according to data compiled and analyzed by the American Chemistry Council (ACC). Sales of chemical products at the wholesale level rose 3.6% in…
Fluor & B&W to market carbon-capture technology
Fluor Corp. (Irving, Tex.; www.fluor.com) and Babcock & Wilcox Power Generation Group, Inc., an operating unit of The Babcock & Wilcox Co. (Lynchburg, Va.; www.babcock.com) have formed a strategic alliance with Fluor’s Power Group to market and sell carbon-dioxide-capture systems…