Detailed plans for handling hazardous materials should be a central part of any chemical plant’s disaster preparedness plan Over the past year, many chemical facilities managed to overcome extreme circumstances. One instance of an extreme event was the winter storm…
Plant Watch Chemours breaks ground on $93-million mining facility in Florida July 14, 2021 — The Chemours Co. (Wilmington, Del.; www.chemours.com) recently held a groundbreaking ceremony for a new $93-million mining facility in Clay County, Fla. This site will give…
The U.S. Chemical Production Regional Index (U.S. CPRI) rose 3.1% in June following a 4.6% decline in May and a 1.2% decline in April, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). During June, chemical output rose in…
Haldor Topsoe A/S (Lyngby, Denmark) and Shaanxi Yanchang Petroleum (Group) Co., Ltd. (Yanchang) form a joint venture (JV) with the aim of delivering locally produced MK-151+ methanol synthesis catalysts to the Chinese market. The JV will secure fast delivery to…
Neles Corp. (Helsinki, Finland) has signed an asset purchase agreement to acquire the valve and pump businesses of the Finland-based technology company Flowrox Oy (Lappeenranta, Finland). The acquisition will complement Neles' offering and exposure to the mining and metals industry.…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.5% in July on a three-month moving average (3MMA) basis following a 0.8% gain in June. On a year-over-year (Y/Y)…
The Chemours Company (Wilmington, Del.) has entered into a definitive agreement to sell its Mining Solutions business for $520 million in cash to Draslovka Holding a.s., a Czech-based private company specializing in cyanide production. The transaction is expected to close…
KBR, Inc. (Houston) announced that it has been awarded technology licensing contracts by PKN Orlen (Płock, Poland) for KBR's Solvent Deasphalting (SDA) and Residue Fluid Catalytic Cracking (RFCC) technologies as part of PKN's Bottom-of-the-Barrel project for its Plock Refinery in…
The preliminary value for the CE Plant Cost Index (CEPCI; top) for May 2021 (most recent available) is once again higher than the previous month, continuing a string of substantial monthly increases since the beginning of the year. In May,…
The Lenzing Group (Lenzing, Austria) is investing GBP 20 million (around €23.3 million) to build a new, state-of-the-art wastewater treatment plant at its site in Grimsby, United Kingdom. The investment is part of the company’s plans to reduce wastewater emissions…