OCI Co. Ltd. (Seoul, South Korea; www.oci.co.kr) and POSCO Chemical (Pohang-si, South, Korea; www.posco.com) signed a joint agreement to produce electronic-grade and industrial hydrogen peroxide using coke oven gas (COG), a byproduct of steelmaking processes The joint venture (JV) is…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported a solid start to the year for U.S. specialty chemicals market volumes, with a 0.5 percent headline gain in January following a 0.7 percent gain in December. Of the 28 specialty…
Each year, the Connected Plant Conference, presented by Chemical Engineering and POWER, recognizes people who are in the front line of implementing digital technologies in the chemical process and power industries. This year, we congratulate the following winners of…
DuPont (www.dupont.com) announced that its Board of Directors has appointed current executive chairman Edward D. Breen to the additional role of chief executive officer (CEO). Lori D. Koch, vice president of Investor Relations and Corporate Financial Planning and Analysis, is…
Rockwell Automation, Inc. (Milwaukee, Wis.; www.rockwellautomation.com) announced it has signed an agreement to acquire Italy-based ASEM, S.p.A., a leading provider of digital automation technologies. ASEM provides a complete range of Industrial PCs (IPCs), Human-Machine Interface (HMI) hardware and software, remote…
The preliminary value for the CE Plant Cost Index (CEPCI) for December 2019 (the most recent available) decreased from the previous month’s value, the ninth decline in the last eleven months. Of the four major subindices comprising the overall CEPCI,…
IPCO Germany GmbH (Fellbach, Germany; www.ipco.com) has acquired the Spanish company Ingeniera de Procesos S.A. (IdP), a supplier of processing equipment and spare parts, primarily to the chemical and sulfur segments, in Spain. IdP has for over 30 years had…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) edged higher by 0.1 percent in January, following a 0.1 percent decline in December and a 0.2 percent decline in November. During…
Fluor Corp. (Irving, Tex.; www.fluor.com) was recently awarded a contract to provide engineering, procurement and construction (EPC) for a new adiponitrile (ADN) plant in Shanghai, China which will have a production capacity of 400,000 metric tons per year (m.t./yr). The…
Ube Industries, Ltd. (Tokyo, Japan; www.ube-ind.co.jp) and Mitsubishi Materials Corp., Ltd. (www.mmc.co.jp) announced that, based on a resolution of the companies’ respective Board of Directors meetings, they have signed aletter of intent to start specific discussions and study on the…