Latest News: Business
Borouge is expanding polyolefins production
Borouge, a joint venture between the Abu Dhabi National Oil Company (Abu Dhabi, U.A.E.; www.adnoc.ae), and Borealis (Vienna, Austria; www.borealisgroup.com), is expanding its production capacity of polyolefins in Abu Dhabi to 4.5 million metric tons per year by the end…
Carbon black producers REACH milestone
A consortium formed by Evonik Degussa GmbH, Cabot Corp., Columbian Chemicals Co., Timcal Belgium S.A., Sid Richardson Carbon & Energy Co., Continental Carbon Co., and Cancarb Ltd. has successfully submitted the REACH dossier for carbon black to the European Chemicals…
Lanxess kicks off new R&D collaboration for rubber
Lanxess AG (Leverkusen, Germany; www.lanxess.com) has officially launched a new multilateral collaboration to develop a groundbreaking, innovative technology for the production of synthetic rubber. The new technology will use fewer resources and is therefore considerably more energy-efficient and environmentally-friendly than…
Novasep acquires Henogen
Novasep (Pompey, France: www.novasep.com), a producer of active pharmaceutical ingredients (APIs) and purification technologies for the life science industries, has announced the acquisition of Henogen, a contract manufacturing organization offering bioprocess development and manufacturing services from the cell bank to…
Linde wins $1-billion contract for ethane cracker
Borouge (Abu Dhabi; www.borouge.com), a leading provider of innovative, value creating plastics solutions, has awarded a contract worth $1.075 billion to The Linde Group (Munich, Germany; www.linde.com), a world leading gases and engineering company, to build another 1.5 million tonnes…
Topsøe contracts the world’s largest ammonia plant
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) will supply ammonia synthesis technology for the world’s largest ammonia plant. The plant will produce more than 3,500 tonnes of ammonia per day. Topsøe has signed a contract for the supply of ammonia synthesis…
Teijin transfers 50% ownership in NatureWorks back to Cargill
Teijin Ltd. (Tokyo; www.teijin.co.jp) announced today that it had transferred its 50% ownership in NatureWorks LLC back to Cargill and terminated the joint-venture (JV) contract with Cargill regarding NatureWorks as of June 30. NatureWorks, established in 1997 and operated as…
BASF reorganizes its Petrochemicals Division
Effective July 1, 2009, BASF SE (Ludwigshafen, Germany; www.basf.com) has reorganized its Petrochemicals Division. In the new organization, the number of business units has been reduced from six to four. The new clustering of businesses also comes along with new business…
Atlas Copco: first certified ‘net zero energy consumption’ compressors
Atlas Copco’s (Antwerp, Belgium; www.atlascopco.com) Oil-free Air division has announced that the company’s ZR series of water-cooled oil-free air compressors with built-in energy recovery systems is the first in the world to be TÜV certified for ‘net zero energy consumption’…
Technip wins contract for LNG plant in China
Ningxia Hanas Natural Gas Company Ltd has awarded Technip (Paris, France; www.technip.com) a lump sum contract for of a mid-scale liquefied natural gas (LNG) plant to be built in Yinchuan, China. The contract covers the engineering, supply of main equipment,…