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Latest News: Business

New Center for Petrochemical, Energy and Technology is a partnership between Emerson and San Jacinto College

  Emerson (St. Louis, Mo.; www.emerson.com), a global technology and engineering company, has helped design, equip and provide training tools for San Jacinto College’s new Center for Petrochemical, Energy and Technology (CPET), designed to empower students of all levels with…

Sulzer GTC wins award for benzene production complex modernization project in Russia

Sulzer GTC Technology (Houston; www.sulzer.com) has signed an agreement with JSC SIBUR-Neftehim (SIBUR) to provide its licensed pyrolysis gasoline (pygas) processing technologies, including design of the fractionation, first and second stage hydrotreating, aromatics extraction and thermal hydrodealkylation technologies for the…

Fujian Meide taps Honeywell technology to monitor on-purpose propylene production

Honeywell today announced that Fujian Meide Petrochemical Co., Ltd. will use the Honeywell Process Reliability Advisor to provide prescriptive monitoring of its UOP C3 Oleflex unit in China. The Oleflex unit is designed to convert propane into 660,000 tons per…

TechnipFMC and BTG-BTL to build pyrolysis bio-oils plant in Sweden

TechnipFMC (Houston; www.technipfmc.com) and BTG-BTL (Twente, the Netherlands) will design and build a production facility in Sweden where wood residues will be converted into bio-oil. It will be the first plant in the world where ‘green fuel’ will be produced…

Nouryon and Van Remmen join forces to demonstrate new water-treatment technology

Nouryon (Amsterdam, the Netherlands; www.nouryon.com) has joined forces with water treatment company Van Remmen UV Technology on a novel method to address the growing concern of pharmaceutical micropollutants in waste water. The process, which combines the Advanox ultraviolet (UV) treatment…

Evonik celebrates groundbreaking for PA 12 capacity expansion

Evonik Industries AG (Essen, Germany; www.evonik.com) has officially begun construction on its largest investment to date in Germany. Armin Laschet, the minister president of the federal state of North Rhine-Westphalia, and Christian Kullmann, the chairman of the executive board of…

Equinor’s engineers start digital transformation with Aucotec

The engineering software developer Aucotec AG (Hannover, Germany; www.aucotec.com) acquired a new major client in the oil, gas, wind and solar energy sectors: Equinor ASA (formerly Statoil; Stavanger, Norway; www.equinor.com), will be digitizing and maintaining its plants with Aucotec's data-driven,…

Hanwha Total Petrochemical Increases Ethylene Production Capacity by 30%

The Daesan integrated petroleum-refining and petrochemicals complex in South Korea, owned by Hanwha Total Petrochemical — A 50–50 joint venture between Total S.A. (Paris, France; www.total.com) and Hanwha Group (Seoul, South Korea; www.hanwha.com) — has started its new ethylene production…

Axalta to acquire U.A.E.-based powder coatings manufacturer Capital Paints

Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has entered into a definitive agreement to acquire Capital Paints LLC, a U.A.E.-based thermosetting powder coatings manufacturer specializing in architectural powder coatings. The transaction is subject to required regulatory approvals and other customary closing…

Lanxess commissions two new production lines in Brilon

At its site in Brilon, Germany, Bond-Laminates GmbH – a wholly owned subsidiary of specialty chemicals company Lanxess AG (Cologne, Germany; www.lanxess.com) – has commissioned two new production lines for Tepex continuous-fiber-reinforced thermoplastic composites. “We have increased our capacity for…