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Latest News: Business

OSHA issues new recommended practices for construction professionals

The Occupational Safety and Health Administration (OSHA; www.osha.gov) issued Recommended Practices for Safety and Health Programs in Construction to help industry employers develop proactive programs to keep their workplaces safe. The recommendations may be particularly helpful to small- and medium-sized…

Gurit acquires BASF’s PET business

Gurit Holding AG (Wattwil, Switzerland; www.gurit.com) announced that it has acquired BASF`s PET (polyethylene terephthalate) structural foam business for an undisclosed purchase price. The transaction comprises BASF`s PET operations in Italy, including its staff, operating assets and product IP in…

JGC awarded contract to construct a methionine production facility for Sumitomo Chemical

JGC Corp. (Yokohama, Japan; www.jgc.com) has been awarded the contract for the construction of a Methionine production facility for Sumitomo Chemical Company, Ltd. (Tokyo, Japan; www.sumitomo-chem.co.jp). This new plant, which will be constructed alongside Sumitomo Chemical’s existing factory located in…

B&W subsidiary awarded contract to design boiler for world’s largest waste-to-energy plant in China

Babcock & Wilcox Enterprises, Inc. (B&W; Charlotte, N.C.; www.babcock.com) says that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a contract for nearly $40 million to design a waste-to-energy boiler for Shenzhen Energy Environmental Engineering…

Global chemical production soft at start of 4th quarter, ACC says

The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that the fourth quarter started on a soft note, with the index for October showing no gain or loss on a three-month moving average…

Jacobs wins contract for Borealis PDH feasibility study

Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) has received a contract to complete a feasibility study for a propane dehydrogenation (PDH) plant located at the existing Borealis AG (Vienna, Austria; www.borealisgroup.com) production site in Kallo, Belgium. As part of the…

Watson-Marlow Fluid Technology Group acquires Aflex Hose

Watson-Marlow Fluid Technology Group (WMFTG; Cornwall, U.K.; www.wmftg.com) has acquired Aflex Hose Limited and its subsidiary Aflex Hose USA LLC (Aflex) through its parent company Spirax-Sarco Engineering plc, for £61.4 million (around $77 million). Aflex, based in Halifax, England and…

Air Products and Grupa Azoty Zakłady Azotowe Kędzierzy sign new contract for the supply of industrial gases

Air Products (Lehigh Valley, Pa.; www.airproducts.com) and Grupa Azoty Zakłady Azotowe Kędzierzyn S.A., part of Grupa Azoty (Tarnów, Poland), the second largest producer of mineral fertilizers in the European Union, have signed a long-term contract for the delivery of oxygen…

MHI to build large-scale polyethylene plant project for ExxonMobil in Texas

Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi-global.com) has received an order for supply of systems to support a large-scale polyethylene production train for ExxonMobil's Beaumont Polyethylene plant. The new production train is slated to be completed in 2019, and…

EPA updates Toxics Release Inventory to include HBCD

The U.S. Environmental Protection Agency (EPA; www.epa.gov) has finalized a rule adding a hexabromocyclododecane (HBCD) category to the Toxics Release Inventory (TRI) list of reportable chemicals. This action will expand the scope of chemicals subject to TRI reporting and provide…