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Latest News: Business

Invista wins process technology license for new PTA plant in Turkey

INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT; www.ipt.invista.com), and SASA Polyester Sanayi A.Ş. (SASA) signed a Letter of Intent (LOI) on the 3rd of February 2020, confirming the selection of IPT as the purified terephthalic acid (PTA) licensor…

Air Liquide signs three new gas-supply contract for BASF in Antwerp

Air Liquide (Paris; www.airliquide.com and BASF SE (Ludwigshafen, Germany; www.basf.com) have recently signed three new long-term contracts in the Antwerp basin (Belgium). Leveraging on five existing onsite production plants in the Antwerp basin, Air Liquide has entered into a new…

Dell and Eni start up world’s most powerful industrial supercomputer

Dell Technologies (www.delltechnologies.com) has announced the startup of the world’s most powerful industrial supercomputer, the HPC5, which was powered at Eni S.p.A.’s (Milan, Italy; www.eni.com) Green Data Centre. The drive to create environmentally sound and sustainable futuristic performance brought Dell…

Showa Denko launches AI-based system to evaluate capital investment decisions

Showa Denko K.K. (SDK; Tokyo; www.sdk.co.jp) has introduced an artificial intelligence (AI) based search system to look efficiently for information useful for capital investment evaluation from the company’s knowledge databases. This new search engine uses an AI system named “KIBIT,”…

Linde wins services contract for Sibur’s Amur Gas Chemical Complex

Linde (Guildford, U.K.; www.linde.com) announced that it has been awarded a contract to provide engineering, procurement and site services based on its proprietary technology for the cracker unit at the Amur Gas Chemical Complex operated by Sibur (Moscow, Russia; www.sibur.ru)…

Wood Group sells industrial services business to Kaefer

The Kaefer Group (Bremen, Germany; www.kaefer.com) has acquired Wood’s industrial ser­vices business from John Wood Group PLC (www.woodplc.com) in the UK and Ireland. The business is becoming a wholly owned subsidiary of the KAEFER Group. It is planned to merge…

PPG to acquire Chicago-based powder-coatings manufacturer

PPG Industries Inc. (Pittsburgh, Pa.; www.ppg.com) announced that it has reached a definitive agreement to acquire Alpha Coating Technologies, LLC (Alpha), a manufacturer of powder coatings for light industrial applications and heat sensitive substrates. The transaction is expected to close…

Clariant expands production capability for activated bleaching-earth products

Clariant AG (Muttenz, Switzerland; www.clariant.com) is working to boost the supply of activated bleaching earths to the edible oil and biofuel markets in Europe, the Middle East and Africa, with additional capacity now on stream in Yuncos, Spain, and an…

Evonik launches hydrogenation pilot plant in India

Last month, a pilot plant for optimizing the production processes of hydrogenation catalysts for oils and fats was inaugurated at Evonik's (Eseen Germany; www.evonik.com) site in Dombivli, India. With the newly opened pilot plant, the production of catalysts developed on…

Linde starts up air-separation plant serving space launch applications

Linde (Guildford, U.K.; www.linde.com) announced that it has started up a new Air-Separation Unit (ASU), effectively doubling the production capacity of its existing plant at Mims, Florida. The expansion is in response to rapidly growing contracted demand for space launch…