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Latest News: Business

Praxair starts up VPSA plants in South Korean petrochemical complex

Praxair, Inc. (Danbury, Conn.; www.praxair.com) says it has started up three new vacuum pressure swing adsorption (VPSA) plants at the Daesan petrochemical complex located on the west coast of the Korean peninsula. Praxair will start up a fourth VPSA plant…

Clariant to build flagship sunliquid cellulosic ethanol plant in Romania

Clariant (Muttenz, Switzerland; www.clariant.com) today announced the approval by the Board of Directors to invest in a new full-scale commercial plant for the production of cellulosic ethanol from agricultural residues using its sunliquid technology. The new plant, with an annual…

ABB Turbo Systems acquires Tekomar Group

ABB (Zurich, Switzerland; www.abb.com) announced that ABB Turbo Systems Ltd. (www.abb.com/turbocharging) has signed an agreement to acquire Tekomar Group Ltd., which is headquartered in Winterthur, Switzerland with subsidiaries in Scandinavia, Germany, and South Korea. ABB will further develop Tekomar’s digital…

Suez wins contract for sludge-to-energy plant in Romania

The city of Bucharest, Romania has selected a consortium composed of SUEZ (Paris, France; www.suez-environnement.fr), FCC - Aqualia to modernize a wastewater treatment plant and to build a treatment and sludge-to-energy plant in Glina, located southeast of the capital. This…

Clariant and Huntsman call off planned merger

Clariant (Muttenz, Switzerland; www.clariant.com) and Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) jointly announced that they have mutually terminated their proposed merger of equals. The decision was unanimously approved by the Boards of Directors of Clariant and Huntsman. In a joint…

Kemira to expand production of polymers used for enhanced oil recovery

Kemira Oyj (Helsinki, Finland; www.kemira.com) will initiate an approximately €30 million capital expenditure phase in expanding the manufacturing capacity of polymers for Chemical Enhanced Oil Recovery (CEOR). "Kemira can help customers improve their longterm profitability and resource efficiency with fully…

Wacker to establish dedicated laboratory for cyclodextrin products in Michigan

Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding the service portfolio of its technical center in Adrian, Michigan. For the first time, Wacker is establishing a global laboratory dedicated to developing and commercializing new industrial applications for its cyclodextrin products.…

Novasep installs new cryogenic production line

Novasep (Lyon, France; www.novasep.com), a leading supplier of services and technologies for the life sciences industry, announced a €4-million investment to expand cGMP capacity for clinical and commercial supply of APIs at its Chasse-sur-Rhône (FR) facility. The investment includes the…

Solvay begins production of engineering plastics at new facility in Mexico

  Solvay’s (Brussels, Belgium; www.solvay.com) Performance Polyamides business announced the start of production of engineering plastics in San Luis Potosí, Mexico. This new facility is dedicated to the production of the Technyl range and was built within a few months…

Evonik expands capacities for hydrogen peroxide in Europe

Evonik Industries AG (Essen, Germany; www.evonik.com) shapes its hydrogen peroxide business more customer-oriented and reacts to the increased need of active oxygens. This also includes a more efficient and faster supply to the customer. Because of its effective cleaning and…