Mobile Navigation

Latest News: Business

Haver & Boecker founds Haver Automation

  In order to give more importance to the sector Electrical Engineering and Automation and to strengthen it as independent technology, Haver & Boecker OHG (Oelde, Germany; www.haverboecker.com) has founded the company Haver Automation GmbH & Co. KG (Münster, Germany:…

Siemens to acquire simulation software supplier CD-adapco

  Siemens AG (Munich, Germany; www.siemens.com) and CD-adapco (Melville, N.Y.; www.cd-adapco.com) have entered into a stock purchase agreement for the acquisition of CD-adapco by Siemens. The purchase price is $970 million. CD- adapco is a global engineering simulation company with…

Chandra Asri completes major naphtha-cracker expansion project

PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) announced the successful completion of the naphtha cracker capacity-expansion project, which has been ongoing since Sept. 2013. After the expansion, the annual production capacity of CAP petrochemical products will increase by…

Praxair starts up new air-separation plant in China

Praxair, Inc. (Danbury, Conn.; www.praxair.com) has started up a large air separation plant in northern China for the Yankuang Guohong Chemical Co. facility in Zoucheng City. Yankuang Guohong Chemical Co., Ltd is a subsidiary of Yankuang Group, which has total…

Covestro expanding film production in Dormagen

  Covestro AG (Leverkusen, Germany; www.covestro.com) is expanding its production capacity for polycarbonate films at the Dormagen site. The company is investing roughly €20 million in the construction of a new coextrusion plant for high-quality, multilayer flat films, including the…

Specialty chemical market volumes fall in December, ACC report says

Market volumes for specialty chemicals decreased in December by 0.1%, following a 0.7% decline in November, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The declines were reported on a…

Gazprom to license Linde technology for cryogenic-gas separation at new gas-processing plant

The Linde Group (Munich, Germany; www.linde.com) has been selected by Gazprom, Gazprom Pererabotka Blagoveshchensk and its general contractor NIPIgas as the licenser for cryogenic gas separation technology at the Amur Gas Processing Plant (Amur GPP), located in the far east…

Ube industries to build new cyclohexanone plant; adopt alternative production process

Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) announced that it has decided to switch to a new manufacturing process for cyclohexanone at the Ube Chemical Factory in Ube City, Yamaguchi Prefecture. Cyclohexanone manufactured at the Ube Chemical Factory is mainly…

Anellotech to partner with South Hampton Resources on new testing facility in Texas

Anellotech Inc. (Pearl River, N.Y.; www.anellotech.com), a sustainable technology company focused on producing cost-competitive renewable chemicals from non-food biomass, announced that the company has selected South Hampton Resources (SHR), a wholly owned subsidiary of Trecora Resources as the operating partner…

BP and Rosneft to restructure German petroleum-refining joint venture

BP plc (London; www.bp.com) and Rosneft (Moscow, Russia; www.rosneft.com) announced that they have signed a binding agreement to dissolve the existing refining joint venture (JV) Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of…