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Latest News: Business

Solvay inaugurates U.K. adhesives manufacturing center

Solvay S.A. (Brussels, Belgium; www.solvay.com) recently inaugurated its new manufacturing center for aerospace structural adhesives and surfacing films in Wrexham, U.K. Together with the existing plant in Havre De Grace (Maryland), United States, this investment broadens Solvay’s footprint and strengthens…

Hexpol acquires California-based rubber compounder

Hexpol AB (Malmö, Sweden; www.hexpol.com) announced the acquisition of the business of U.S.-based rubber compounder Kirkhill Rubber (Downey, Calif.), an industry leader with experience in aerospace, automotive, medical and other demanding industry segments. Recently, Kirkhill expanded its operations into silicone…

ReVital Polymers, Pyrowave and Ineos Styrolution partner to launch closed-loop polystyrene recycling consortium

Ineos Styrolution Group GmbH (Frankfurt am Main, Germany; www.ineos-styrolution.com), ReVital Polymers Inc. (Sarnia, Ont., Canada; www.revitalpolymers.com) and Pyrowave (Oakville, Ont., Canada; www.pyrowave.com) announced a strategic partnership to recycle polystyrene packaging collected in consumer curbside and depot recycling systems as well…

DowDuPont announces senior leadership appointments

DowDuPont (www.dow-dupont.com) announced the senior leaders of the independent companies that will be created following the separation of its Agriculture (Corteva Agriscience) and Specialty Products (DuPont) Divisions, which is expected to occur by  June 1, 2019. In addition, the company…

Wison enters collaboration with Gazprom for gas-to-olefins project in Russia

Wison Engineering Services Co. Ltd. (Shanghai, China; www.wison.com) recently announced that its indirect wholly-owned subsidiary Wison Engineering Ltd. entered into a memorandum with Gazprom neftekhim Salavat for cooperation on a natural gas-to-polyolefin (ethylene and propene) project at an oil-and-gas base…

Evonik to build new silicone plant in Geesthacht

Evonik Industries AG (Essen, Germany; www.evonik.com) is investing a double-digit million euro amount in the construction of a new multi-purpose facility at its Geesthacht location in Northern Germany, 30 km outside the city of Hamburg. The additional capacities created will…

Lanxess to build new production plant for high-performance plastics in Krefeld-Uerdingen

Lanxess AG (Cologne, Germany; www.lanxess.com) is continuing to invest in its global production network for high-performance plastics and is building another compounding facility at its Krefeld-Uerdingen site, Germany, for a mid double-digit million euro amount. Starting in the second half…

Smart simulation extended to include three-phase flow and more

PSRE Co. (Piping System Research & Engineering Co.; Moscow, Russia; www.truboprovod.ru), a leading developer of smart simulation and sizing tools for every piping and equipment engineer/designer, is pleased to announce the new version 4.1 of PASS/HYDROSYSTEM scheduled for release beginning…

Evonik to expand its hydrophobic fumed silica capacities

Evonik Industries (Essen, Germany; www.evonik.com) is expanding its capacities for refinement fumed silica in Rheinfelden, Germany. The group will invest an amount in the low double-digit million euro range to expand its Rheinfelden facility, which further processes hydrophilic silica to…

Fluor uses IBM Watson to deliver predictive analytics capability for megaprojects

Fluor Corp. (Irving, Tex.; www.fluor.com) and IBM (Armonk, N.Y.; www.ibm.com) announced today the use of artificial intelligence-based systems to predict, monitor and measure the status of engineering, procurement, fabrication and construction (EPC) megaprojects from inception to completion. Fluor’s extensive engineering,…