Latest News: Business
Technip to ‘Connect’ German refineries
Technip (Paris, France; www.technip.com) has been awarded an engineering, procurement and construction management contract by Shell for the first phase of its “Connect” project in Germany. By connecting two existing refineries in Godorf and Wesseling Shell will create the largest…
KBR awarded FEED contract by VCNG
KBR (Houston, Tex.; www.kbr.com) has been awarded a contract by Verkhnechonskneftegas (VCNG) to provide front-end engineering and design (FEED) services for the VC FFD Project located in the Eastern Siberia region of Russia. KBR will provide FEED services for a…
Oxea acquires production plant in the Netherlands
Oxea GmbH (Oberhausen, Germany; www.oxea-chemicals.com) has completed the acquisition of assets of the Amsterdam Esters Plant in Amsterdam, the Netherlands, from ExxonMobil Chemical Holland B.V. The acquisition will significantly strengthen Oxea’s position in specialty chemicals and provide both an extension…
Arkema to buy certain assets from Dow
Arkema (Colombes, France; www.arkema.com) and The Dow Chemical Co. (Midland, Mic.; www.dow.com) have entered into an agreement for Dow to meet U.S. Federal Trade Commission (FTC) required divestitures related to its acquisition of Rohm and Haas. This comes ahead of…
Dow to divest ownership in Optimal Group of Companies to Petronas
The Dow Chemical Co. (Dow; Midland Michigan; www.dow.com) and Petroliam Nasional Berhad (Petronas) have announced that they have reached an agreement for Dow’s Union Carbide Corp. subsidiary to sell its entire shares of ownership in the Optimal Group of Companies…
DSM to sell urea-licensing business to Maire Tecnimont
Royal DSM N.V. (Heerlen, Netherlands; www.dsm.com) and Maire Tecnimont S.p.A. (Rome, Italy; www.mairetecnimont.it) announce today that they have reached an agreement for the sale of DSM’s urea-licensing subsidiary Stamicarbon B.V. to Maire Tecnimont for a total consideration of 38-million euros…
GEA builds automatic dairy plant in Chile
The Process Technology Segment of GEA Group AG (Bochum, Germany; www.geagroup.com) has received an order for about 9-million euros from Nestlé to build the liquid processing part of a Growing-Up Milk plant in Chile. The new plant will be located…
CSB releases new safety video on dust explosions
Aerial view of Imperial Sugar following 2008 dust explosion and fire (photo courtesy of CSB) The U.S. Chemical Safety Board (CSB) has released a new safety video depicting how accumulations of combustible dust at worksites can provide the fuel…
BASF extends joint R&D program with IMEC
BASF SE (Ludwigshafen, Germany; www.basf.com) and IMEC (Leuven, Belgium; www2.imec.be), Europe's leading independent nanoelectronics research center, have announced today that they are extending their joint development program. The process chemicals which the two partners plan to develop as part of…
Agilent acquires Varian for $1.5 billion
Agilent Technologies, Inc. (Santa Clara, Calif.; www.agilent.com) and Varian, Inc. (Palo Alto, Calif.; www.varianinc.com) have signed a definitive agreement for the acquisition by Agilent of Varian, a leading worldwide supplier of scientific instrumentation and associated consumables for life science and…