Latest News: Business
Evonik Industries to sell North American cyanide activities
Evonik Industries AG (Essen, Germany; www.evonik.com) has signed a contract for the sale of its U.S. and Canadian cyanide activities with Oaktree Capital Management. The cyanide business constitutes a part of the CyPlus Group owned by Evonik. The parties have…
Dow receives request for additional information regarding Rohm and Haas acquisition proposal
The Dow Chemical Co. announced that it has received a request for additional information, commonly referred to as a “Second Request,” from the U.S. Federal Trade Commission (FTC) regarding Dow's proposed acquisition of Rohm and Haas, which was announced on…
Evonik Industries expands hydrogen peroxide production in South Africa
Evonik Industries is expanding the capacity of the hydrogen peroxide plant at its Umbogintwini site in South Africa. “In the first half of 2009, we expect a 50 percent capacity increase to 15,000 metric tons,” announced Thomas Rieche, head of…
SAFC Pharma to invest in HPAPIs production
SAFC Pharma, a focus area within SAFC (www.safcpharma.com), a member of the Sigma-Aldrich Group (St. Louis, Mo.; www.sigma-aldrich.com), today officially announced details of a $30-million expansion plan to its Madison, Wisc., facility, designed to significantly increase its capacity to produce…
Tasnee ethylene plant produces on-spec C2 ahead of schedule
The Linde Engineering Division (Pullach, Germany; www.linde) announced that on-spec ethylene production of the Tasnee ethylene plant in Al-Jubail, Saudi Arabia, was achieved on August 23, 2008 following mechanical completion on July 15, 2008, which is six weeks ahead of…
BASF selects PAS as its global alarm management software provider
PAS (Houston, Tex.; www.pas.com), a global leader in alarm management software and consulting services for the process industries, announced today that BASF (Ludwigshafen, Germany; www.basf.com) has selected its alarm management software for their enterprise-wide alarm management initiative. The agreement enables…
IBM and Cefic develop state-of-the-art REACH solution for chemical industry
Cefic, representing the European Chemical Industry, and IBM developed a state-of-the-art solution which will facilitate and ease the exchange of information between companies with the final goal to submit the registration dossiers as foreseen by the REACH Regulation. SIEFreach is…
IPS provides Arkema Rotterdam with wireless solution for operators
Invensys Process Systems (IPS; Plano, Tex.), a global technology, software and consulting firm, today announced that it has been selected by The Arkema Group, a leading multinational chemical manufacturer, to provide a wireless alarm-management, handheld solution for hazardous industrial areas.…
Bentley acquires Struc-Soft Inc., to expand services for structural engineering and plant applications
Bentley Systems, Inc. announced that it has acquired Struc-Soft Inc., a Montreal-based reseller and developer of 2-D and 3-D engineering, construction, and fabrication products for analysis, design, and drawing production. Struc-Soft has been the exclusive North American reseller of Bentley’s…
LyondellBasell’s technologies selected by Kazakhstan Petrochemical Industries
Kazakhstan Petrochemical Industries Inc. LLP, in which LyondellBasell (Rotterdam, Netherlands; www.lyondellbasell.com) is holding a minority interest, has selected LyondellBasell’s polyethylene (PE) and polypropylene (PP) technologies for three new plants that will have a combined capacity of 1,300,000 metric tons (m.t.)…