Latest News: Business
Brooks Instrument completes acquisition of Celerity’s Instrumentation Division
Brooks Instrument (Hatfield, Penn.; www.brooksinstrument.com) has announced its acquisition of certain assets of Celerity’s Instrumentation Div. Celerity designs and manufactures precision instruments and advanced gas and liquid delivery solutions, including thermal mass flow devices, for the semiconductor industry where it…
BASF to close Styropor plant at Tarragona
BASF SE (Ludwigshafen, Germany; www.basf.com) will shut down the Styropor plant (EPS, expandable polystyrene) at its site in Tarragona, Spain. The closure is scheduled for August 2009. As a direct consequence of the plant closure and due to the current…
Telvent partners with Longwatch
Telvent (Madrid, Spain; www.telvent.com) announced it is partnering with Longwatch, Inc. (Norwood, Mass.; www.longwatch.com) to integrate components of the Longwatch Surveillance System with the Telvent OASyS DNA supervisory control and data acquisition (SCADA) system. This alliance provides oil, gas, electric,…
European universities join forces in energy research
The Technical University of Denmark (DTU; www.dtu.dk), the Technische Universität München (TUM; www.tum.de) and Eindhoven University of Technology (TU/e; www.tue.nl) are starting a graduate school in Sustainable Energy Technologies. All three have a strong international reputation in this field. It…
BASF and F.A.R. to cooperate on trimethylolpropane
BASF SE (Ludwigshafen, Germany; www.basf.com) and F.A.R. Fabbrica Adesivi Resine S.p.A (F.A.R.; Cologno Monzese, Italy;www.gruppofar.it/far/eng/index.htm), have agreed to cooperate for the production, marketing and sale of the polyalcohol trimethylolpropane (TMP). This cooperation is expected to take effect in July 2009.…
EPA honors flame retardant’s pollution prevention potential
The U.S. Environmental Protection Agency (EPA; www.epa.gov) has awarded Clariant (Muttenz, Switzerland; www.clariant.us) its New Chemicals Program P2 Recognition Project Award for the company’s Exolit OP 560, a new-generation non-halogenated flame retardant. The product is made by Clariant’s Pigments &…
Dresser Masoneilan to supply valves for Qatar Fertilizer
Dresser Masoneilan (Houston, Tex.; www.dresser.com) was chosen by Saipem SpA (Milan, Italy) to supply control valves for the Qatar Fertilizer Co. (Qafco). Located south of Doha, Qatar, the Qafco industrial complex is quickly growing into the world’s largest ammonia and…
Seventure to invest in Polaris
Polaris (Quimper, France; www.polaris.fr). global leading expert in nutritional lipids, has selected Seventure (Paris; www.seventure.fr) to increase its capital and fund its growth. Polaris was founded and is still led by Stephane Lozachmeur, CEO and Gildas Breton, CSO, two bright…
Uhde wins major polymer contract in Qatar
Uhde GmbH (Dortmund, Germany; www.uhde.biz) has been awarded a lump-sum turnkey contract by Qatar Petrochemical Co. (QAPCO), a subsidiary of Industries Qatar and Total Petrochemicals of France, to build a 300,000 tonne-per-year low-density polyethylene (LDPE) plant within the scope of…
Lanxess: Two acquisitions in Asia
Specialty chemicals group Lanxess AG (Leverkusen, Germany; www.lanxess.com) is underpinning its long-term growth strategy in the BRIC countries with two acquisitions in Asia. Lanxess subsidiary Lanxess India Private Ltd will acquire the chemical businesses and assets of stock market listed…