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Latest News: Business

Vestolit starts up expanded specialty PVC facility in Marl

Vestolit GmbH, a 100% subsidiary of Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com), has started up the specialty polyvinyl chloride (PVC) capacity expansion that was first announced in May 2015 at the Mexichem Marl plant in Germany. Initial product runs…

Tronox to sell Alkali Chemicals business for $1.3 billion

Tronox Ltd. (Stamford, Conn.; www.tronox.com) announced that it has signed a definitive agreement to sell its Alkali Chemicals business to Genesis Energy, L.P., a diversified midstream energy master limited partnership headquartered in Houston, Texas, for $1.325 billion in cash.  The…

Jacobs Engineering acquires CH2M Hill

Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) and CH2M Hill Companies Ltd. announced that they have entered into a definitive agreement under which Jacobs will acquire all of the outstanding shares of CH2M in a cash and stock transaction with…

BASF to establish dedicated group company for 3-d printing

BASF SE (Ludwigshafen, Germany; www.basf.com) plans to establish a new Group company, BASF 3D Printing Solutions GmbH, as of September 1, 2017. This wholly owned subsidiary of BASF New Business GmbH will be headquartered in Heidelberg, Germany, at the site…

Nuberg wins Hydrogen Peroxide Turnkey Project at Giza, Egypt

El Nasr Co. for Intermediate Chemicals (NCIC) has entrusted Nuberg Engineering Ltd. (Noida, India; www.nubergepc.com), as a single-point solution company — from concept to commissioning — with a contract for technology, engineering and construction of a hydrogen peroxide plant in…

Pfeiffer Vacuum acquires Nor-Cal Products

The Management Board of Pfeiffer Vacuum Technology AG (Nashua, N.H.; www.pfeiffer-vacuum.com) today announced the acquisition of U.S.-based Nor-Cal Products Inc. (Yreka, Calif.; www.n-c.com), effective June 22, 2017. With around 300 employees in the USA and Vietnam, Nor-Cal manufactures premium-quality vacuum…

Lanxess doubles membrane production capacity

As announced previously in mid-2017, Lanxess AG (Cologne, Germany; www.lanxess.com) has doubled its membrane capacities. “We have expanded the capacity of our plant in Bitterfeld so that we can continue meeting the rising demand for reverse osmosis membrane elements. This…

LanzaTech to provide its carbon-capture technology to ferroalloy smelter in South Africa

South African company Swayana is collaborating with carbon recycling company LanzaTech (Skokie, Ill.; www.lanzatech.com) to introduce LanzaTech’s proprietary carbon capture technology to South Africa. LanzaTech’s first commercial facility will be online at the end of 2017 in China, producing fuel-grade…

Air Products starts up three ASUs in Inner Mongolia

Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced that its three large air separation units (ASUs) in Hangjinqi, Inner Mongolia, for Inner Mongolia Yitai Chemical Co. Ltd. (Yitai Chemical) have come onstream. The world-scale facilities supply more than 9,000 tons per…

Fluor signs memorandum of understanding with Ma’aden

Fluor Corp. (Irving, Tex.; www.fluor.com) announced that it has signed a memorandum of understanding (MOU) with Saudi Arabian Mining Company (Ma’aden) to support future Ma’aden projects located within and outside the Kingdom of Saudi Arabia. Under the MOU, Fluor would…