Mobile Navigation

Latest News: Business

AkzoNobel opens coatings plant in Nairobi

AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has opened a new coatings production facility in Kenya. Located in the capital, Nairobi, the long-term plan is to expand further and use Kenya as a gateway to the whole of East Africa. The site,…

Wood signs contract with Hyundai Engineering for hydrogen production unit in Malaysia

Wood plc (Aberdeen, Scotland; www.woodplc.com)  has secured a new multi-million dollar contract with Hyundai Engineering to provide detailed engineering services and material supply for a steam methane reformer, part of a new Wood-licensed hydrogen production unit for the Melaka Refinery…

BASF acquires two manufacturers of 3d-printing materials

BASF New Business GmbH (BNB; www.basf-new-business.com) has acquired all the shares of Advanc3D Materials GmbH in Hamburg and Setup Performance SAS in Lyon. Advanc3D Materials offers advanced, tailor-made plastic powders and formulations for selective laser sintering (SLS) together with process…

Saipem signs MOU for California Ethanol & Power project

Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) has signed a Memorandum of Understanding (MOU) as well as an exclusive agreement with California Ethanol & Power, LLC, for the realization of a low-carbon-emission plant for the production of ethanol fuels, electricity…

AkzoNobel breaks ground for new organic peroxide plant in Tianjin

AkzoNobel Specialty Chemicals (Amsterdam,  the Netherlands; www.akzonobel.com) has officially broken ground for construction of a state-of-the-art organic peroxide production facility in Tianjin, China. Organic peroxides are essential in the manufacture of a wide range of polymers including PVC and thermoset…

Chandra Asri awards two technology contracts to McDermott

McDermott International, Inc. (Houston; www.mcdermott.com) announced it has been awarded two sizeable technology contracts by a subsidiary of PT Chandra Asri Petrochemical Tbk, PT Chandra Asri Perkasa, for the company's planned new petrochemical complex in Indonesia. McDermott's scope of work…

Eni builds photovoltaic plant at salt-production site in southern Italy

Eni S.p.A. (Rome, Italy; www.eni.com) and Gestore dei Servizi Energetici (GSE) inaugurated a new 26-MWp photovoltaic plant at Saline Conti Vecchi in the Assemini industrial area in the province of Cagliari. The plant is part of Progetto Italia, a series…

Praxair to sell European assets to Taiyo Nippon Sanso ahead of Linde merger

Praxair, Inc. (Danbury, Conn.; www.praxair.com), in accordance with its proposed business combination with Linde AG (Munich, Germany; www.linde.com), has signed an agreement to sell the majority of its businesses in Europe to Taiyo Nippon Sanso Corp. The businesses generated annual…

AkzoNobel to expand chloromethanes production capacity in Frankfurt

AkzoNobel Specialty Chemicals (Amsterdam, the Netherlands; www.akzonobel.com) has started design work for a second expansion of chloromethanes capacity at its site in Frankfurt, Germany. The project will take place in several steps over the next five years and will raise…

KBR to revamp Haifa Chemicals’ nitric acid plant

KBR, Inc. (Houston; www.kbr.com) has been awarded a nitric acid plant revamp contract by Haifa Chemicals Ltd for its plant in Mishor-Rotem, Israel.  Under the terms of the contract, KBR subsidiary Weatherly, Inc. will design, supply and commission a complete…