Latest News: Business
Maire Tecnimont wins EPC contract for SOCAR refinery upgrade
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its main subsidiaries Tecnimont S.p.A. and KT-Kinetics Technology S.p.A. have signed an Engineering, Procurement and Construction (EPC) contract with the State Oil Company of Azerbaijan Republic (SOCAR) as part of the execution…
BASF to double MDI production capacity at Geismar site
BASF SE (Ludwigshafen, Germany; www.basf.com) will start the construction of a new methylene diphenyl diisocyanate (MDI) synthesis unit at the company’s Verbund site in Geismar, Louisiana, in early Q2 2018. Planning and engineering for the new unit started in 2016…
MHPS receives first order for integrated fuel cell and gas turbine hybrid power-generation system
Mitsubishi Hitachi Power Systems, Ltd. (MHPS; Yokohama, Japan; www.mhps.com) has received the first order for its pressurized hybrid power generation system integrating solid oxide fuel cell (SOFC) stacks with micro gas turbines (MGT). Launched for the commercial and industrial market,…
Hitachi Zosen Inova and BESIX Group to build the world’s largest EfW plant in Dubai
The world’s largest energy-from-waste (EfW) plant is to be built in the Emirate of Dubai. Hitachi Zosen Inova AG (HZI; Zurich, Switzerland; www.hz-inova.com), together with BESIX Group, Belgium’s largest construction company operating in the Middle East, has been selected by…
Johnson Matthey sells battery systems business to Cummins
Cummins Inc. (Columbus, Ind.; www.cummins.com) announced the acquisition of Johnson Matthey's (London; www.matthey.com) U.K. automotive battery systems business, a subsidiary of Johnson Matthey that specializes in high-voltage automotive grade battery systems for electric and hybrid vehicles. As part of the…
Norsk Hydro begins aluminum production at Karmøy pilot plant
Norsk Hydro ASA (Oslo, Norway; www.hydro.com) started producing aluminum metal at its technology pilot in Karmøy, marking the beginning of verification at an industrial scale the innovative climate-and energy efficient aluminum technology. “We’re now producing aluminum in the technology pilot,…
Solvay to expand production of sodium bicarbonate in Rheinberg
Solvay S.A. (Brussels, Belgium; www.solvay.com) announces a €6-million investment in its site in Rheinberg to expand its sodium bicarbonate production capacity. Its startup is planned by the end of 2018. With this new capacity, Solvay will be able to deliver its…
Kaneka acquires Henkel’s benzoxazine-based composites business
Kaneka Corp.'s (Tokyo, Japan; www.kaneka.com) wholly owned subsidiary, Kaneka Aerospace, LLC (KAE; San Francisco, Calif.), and Henkel Corp. have finalized the transfer of commercial rights, technologies and patents of the benzoxazine-based high-performance composites business from Henkel Corp. to Kaneka Aerospace.…
Topsoe chosen as technology licensor of the world’s largest methanol facility
IGP Methanol LLC (Houston; www.ipgmethanol.com) has awarded Haldor Topsoe A/S (Lyngby, Denmark; www.topsoe.com) a contract for engineering of a methanol plant that will produce 1.8 million ton/yr, which is part of a planned complex with a total production capacity of…
Honeywell UOP hydrotreating catalysts to produce ultra-low sulfur diesel in Ukraine
UkrGasVydobuvannya (UGV) has begun using Honeywell UOP’s (Des Plaines, Ill.; www.uop.com) HYT-4118 Unity hydrotreating catalyst to produce ultra-low sulfur diesel fuel at the Shebelinsky refinery in Andreyevka, Kharkov Region, in eastern Ukraine. The HYT-4118 catalyst removes sulfur from petroleum feeds…