GFBiochemicals Ltd. (Milan, Italy; www.gfbiochemicals.com) acquires assets and intellectual properties of Segetis, the main producer of levulinic acid derivatives in the U.S. The acquisition allows GFBiochemicals to become a producer of a wide range of bio-based products using levulinic acid.…
Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) announced the signing of an MoU with MIDC (Maharashtra Industrial Development Corp.), wherein the company initiates the process of evaluating the opportunity to invest in a new world-scale production plant for pentaerythritol (Penta) in…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that BASF SE (Ludwigshafen, Germany; www.basf.com) awarded Fluor an engineering, procurement and construction management (EPCM) contract for the revamp of an alcohol and plasticizers facility in Pasadena, Tex. Fluor booked the undisclosed contract value…
Yokogawa Electric Corp. (Tokyo, Japan; www.yokogawa.com) announced that it has reached an agreement with KBC Advanced Technologies plc, a consulting and software provider to the oil-and-gas and downstream industries, on the terms of Yokogawa’s firm intention to make an offer…
Clariant (Muttenz, Switzerland; www.clariant.com) announced plans to invest more than CHF 7.5 million in specialized equipment and facilities to expand the capabilities and capacities for the production of color and additive masterbatches for use in engineering resins and high-temperature plastics…
Toray Industries Inc. (Tokyo, Japan; www.toray.com) and Toyota Tsusho Corp. announced that they will launch a joint carbon-fiber recycling initiative to develop highly efficient recycled carbon-fiber manufacturing technology using an innovative and energy-efficient thermal decomposition method. The companies’ joint proposal…
Babcock & Wilcox Enterprises, Inc. Charlotte, N.C.; www.babcock.com) announced that its subsidiary, The Babcock & Wilcox Co., has been awarded a contract to supply emissions control equipment for a carbon black manufacturing facility in the U.S. B&W has been…
KBR, Inc. (Houston; www.kbr.com) has been awarded the first licensing contract for its K-SAAT Solid Acid Alkylation technology. The contract was awarded to KBR by Dong Ying Haike Ruilin Chemical Co. (Haike) for use at the Dong Ying Port Economic…
Axens (Rueil-Malmaison, France; www.axens.net) announced that the Bangchak Petroleum Public Co. Ltd. will use Axens’ reforming technology and catalysts for its Energy, Efficiency and Environment Improvement Project in Bangkok. The project consists in a grassroots Octanizing unit (CCR Reforming unit…
LSB Industries, Inc. (Oklahoma City, Okla.; www.lsbindustries.com) announced that the new ammonia plant at its El Dorado, Arkansas facility is now mechanically complete. The plant’s production capacity is 375,000 metric tons per year (m.t./yr). The company defines mechanical completion as…