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Latest News: Business

Linde breaks ground for Bangladesh’s largest liquid producing ASU

  Linde Bangladesh Ltd. (Dhaka; www.linde.com.bd), a member of The Linde Group’s (Munich, Germany; www.linde.com) Gases Division, today marked the start of construction for the company’s BDT 1.2 billion (14.6 million euro) air separation unit (ASU) in Rupganj. Linde’s investment…

Additive manufacturing industry surpasses $5.1 billion, Wohlers report says

Wohlers Associates, Inc. (Fort Collins, Colo.; www.wohlersassociates.com), recognized widely as the leading consulting firm and preeminent authority on additive manufacturing and 3-D printing worldwide, today announced the publication of the Wohlers Report 2016. The 2016 edition marks the 21st consecutive…

Air Products awarded long-term contract to supply semiconductor packaging and test services company in South Korea

  Air Products (Lehigh Valley, Pa.; www.airproducts.com) has been awarded a long-term contract by JCET STATS ChipPAC Korea Ltd. (JSCK), a leading semiconductor packaging and test services provider, to supply tonnage quantities of nitrogen to its new production facility in…

Hoerbiger acquires Brilex

  Effective April 1, 2016, the Hoerbiger Group (Zug, Switzerland; www.hoerbiger.com), acquired privately held Brilex Gesellschaft für Explosionsschutz mbH (Brilon, Germany). Brilex is a leading provider of explosion relief venting products. All interests in the company were privately held by…

KBR announces executive appointment

  KBR, Inc. (Houston; www.kbr.com) announced today Greg Conlon will be joining KBR's executive leadership team as president, Engineering & Construction (E&C), Asia-Pacific (APAC). Conlon has over 25 years' experience in the E&C business, with global experience across a range…

EPA launches voluntary methane challenge program

On March 30, EPA (U.S. Environmental Protection Agency; Washington, D.C.; www.epa.gov) launched a new voluntary partnership program — with 41 founding partner companies in the oil and gas sector. The Natural Gas STAR Methane Challenge Program builds upon the Natural…

SRF to set up a pilot plant for new generation HFO 1234yf

The Board of Directors of SRF Ltd. (Gurgaon, India; www.sfr.com), an intermediate chemicals manufacturer and a leader in refrigerant gases, approved an investment proposal for setting up of a pilot plant to manufacture next generation refrigerant gas, HFO 1234yf. The…

Wacker Silicones under new leadership

  Dr. Robert Gnann (51) has taken over as president of Wacker Silicones effective April 1, 2016. He succeeds Dr. Christian Hartel, who was appointed to the Wacker Group’s (Munich, Germany; www.wacker.com) Executive Board in early November 2015. Gnann comes…

ADM to sell sugarcane ethanol operations in Brazil

Archer Daniels Midland Company (ADM; Chicago, Ill.; www.adm.com) announced today that it has reached an agreement to sell its sugarcane ethanol operations in Limeira do Oeste, in the Brazilian state of Minas Gerais, to JFLim Participações S.A. “We regularly review…

Global CPRI rose in February, ACC report says

The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) for February shows that the 1st quarter is “progressing on a good note, with the headline index rising 0.2% on a three-month moving average (3MMA)…