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Latest News: Business

Honeywell acquires developer of technologies for NGLs and sulfur recovery

Honeywell (www.honeywell.com) announced that it has acquired Ortloff Engineers, Ltd., a privately held licensor and industry-leading developer of specialized technologies that drive high returns in natural gas processing and sulfur recovery. Terms of the acquisition, which closed on Aug. 31,…

Covestro and LyondellBasell initiate circular steam project in the Netherlands

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) and its joint venture partner Covestro (Leverkusen, Germany; www.covestro.com) kicked off a large investment project at their site in Maasvlakte-Rotterdam, the Netherlands. The Circular Steam Project incorporates an innovative technology into the existing production plant…

Air Liquide inaugurates pilot site for carbon-free hydrogen in Denmark

In Hobro, Denmark, Air Liquide (Paris, France; www.airliquide.com) is inaugurating HyBalance, (www.hybalance.eu), a pilot site for the production of carbon-free hydrogen, in the presence of the project’s partners. This facility uses electrolysis technology and seeks to balance the electricity grid and…

Adnoc commissions specialized coker unit

ADNOC Refining, a subsidiary of the Abu Dhabi National Oil Company (ADNOC; www.adnoc.com), announced that it has successfully completed the commissioning of a specialized coker unit, as part of its Carbon Black and Coker Project. With this, ADNOC will extract…

Shin-Etsu announces significant investment to expand silicones production

Shin-Etsu Chemical Co., Ltd. (Tokyo; www. shinetsu.co.jp) implement close to ¥110 billion in facility investments for its silicones business, one of its main businesses. It will expand its production capacity of silicone monomer, the intermediate product of silicones, and various…

BASF to increase capacity for hexanediol at its Ludwigshafen site

BASF SE (Ludwigshafen, Germany, www.basf.com) intends to increase the production capacity of 1,6-hexanediol (HDO) at its Ludwigshafen Verbund site by more than 50%. After the start-up in 2021, BASF’s global annual nameplate capacity of HDO will be more than 70,000…

Pöyry awarded contract from Biozin Holding for the pre-engineering phase of biozin production plant in Norway

Biozin Holding AS (www.biozin.no) has awarded Pöyry Oyj (www.poyry.com) with the Owner's Engineering Services assignment for the pre-engineering phase for the planned biozin production plant in Jordoya, Åmli, Norway. The new plant will convert biomass to liquid biocrude that will…

GEA supplies two plants for waste-heat utilization to India and Italy

GEA (Düsseldorf, Germany; www.gea.com) supplies Saint-Gobain with two Waste Heat Recovery Systems (WHRS) each for the utilization of waste heat from the float-glass production lines in Pisa, Italy and Sriperumbudur, India. Commissioning is planned for the first half of 2019.…

LyondellBasell’s Hostalen technology licensed for HDPE unit in Shandong province

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Shandong Chambroad Petrochemicals Co. Ltd., (Shandong Chambroad), has selected the LyondellBasell Hostalen “Advance Cascade Process” (Hostalen ACP) technology. The low-pressure slurry process technology will be used for a  high-density polyethylene (HDPE) unit with…

Evonik to divest agrochemicals site in Kansas

Evonik Industries AG (Essen, Germany; www.evonik.com) is taking the next step in systematically focusing on specialty chemicals with the divestment of its U.S.-based Jayhawk site in Galena, Kansas. The site produces precursors for agrochemicals. “We want to continue growing profitably…