Latest News: Business
Evonik & Daimler: Strategic alliance for Li-ion batteries
Evonik Industries AG (Essen; www.evonik.com) and Daimler AG (Stuttgart, both Germany; www.daimler.com) are developing the energy storage of the future. Based on lithium-ion technology from Evonik and with Daimler expertise, both groups will drive forward the research, development and production…
Evonik Industries builds new polymerization unit for methacrylic resins in China
The expansion of worldwide production capacity for thermoplastic methacrylic resins at Evonik Industries AG (Essen, Germany; www.evonik.com) is proceeding according to schedule. At Shanghai Chemical Industry Park in China, the company is currently completing the technical equipment that will be…
Ineos Technologies wins first South-American polyolefins license agreement
Ineos Technologies Ltd. (Jersey, U.K.; www.ineostechnologies.com) has signed two Ineos polyethylene (PE) technology licenses with newly formed Polimérica S.A., a joint venture between Pequiven and Braskem. These plants will form part of Polimérica’s cracker and derivatives complex in José, Venezuela. …
KBR awarded two contracts from Sasol Technology
KBR (Houston, Tex.; www.kbr.com) has been awarded two contracts by Sasol Technology (Pty) Ltd., to provide, respectively, engineering, procurement and construction management (EPCm) services, and basic engineering services for two of its petrochemical projects in Sasolburg, South Africa. The contracts…
Siemens to supply steam turbine for solar thermal power plant in California
Siemens Energy (Erlangen, Germany; www.siemens.com/energy) has been awarded an order to supply the largest ever fully solar-powered steam turbine-generator set for the first commercial solar-tower power plant project to break ground in the U.S. The purchaser is BrightSource Energy, Inc.,…
Essent & Shell take step toward low-CO2 power plant
Arnhem/The Hague, 8 December 2008, Essent Business Development B.V. (Essent) and Shell Gas & Power Developments B.V. (Shell; The Hague; www.shell.com) agreed to study the feasibility of a 1,000-megawatt, low-CO2 power plant. Most of the CO2 produced by the plant…
Messer delivers helium for Siemens
In the coming year, Messer Group GmbH (Sulzbach, Germany; www.messergroup.com) will be delivering helium to Siemens Healthcare in Erlangen, Germany, for use in the production of magnetic resonance imaging equipment. Siemens is one of the leading producers of magnetic resonance…
Alstom/PGE Elektrownia Belchatow plan Polish CCS project
Alstom (www.power.alstom.com) and PGE Elektrownia Belchatow S.A. have signed a memorandum of understanding (MoU) for the development and implementation of carbon capture and storage (CCS) technology at the Belchatow power plant in Poland. In a first phase, Alstom will design…
AkzoNobel acquires minority shareholding in coil coatings JV
AkzoNobel (www.Akzonobel.com) has acquired Nippon Paint's 25% minority shareholding in their joint-venture (JV) company in Europe, Akzo Nobel Nippon Paint Holding B.V. The former 75/25 JV — which was first established in 1993 between Courtaulds and Nippon Paint — involved…
GEA technology for the Middle East
The Mechanical Separation Division of GEA Group AG (Bochum, Germany; www.geagroup.com) has received two major orders from the Middle East with an aggregate volume of 16-million euros. The contracts are for the supply of complete fuel-treatment systems for power generation…