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Latest News: Business

CB&I awarded contract for new ethylbenzene/styrene plant in Egypt

CB&I (The Woodlands, Tex.; www.cbi.com) announced it has been awarded a contract by Carbon Holdings for the license and basic engineering design of an ethylbenzene/styrene plant to be built in Ain Sokhna, Egypt. The units will be a part of…

Praxair acquires packaged gas distributors in California and Texas

Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced that it has acquired two independent distributors of industrial and specialty packaged gases and related supplies – Cryospec, Inc. (Cryospec) in San Francisco, Calif., and Garland Welding Supplies, Inc. (GWS) in Garland, Tex., with…

Asahi Kasei to construct production facility for cellulose nonwoven fibers

Asahi Kasei Fibers Corp. (Osaka, Japan; www.asahi-kasei.co.jp/fibers/en/) will construct a new production facility for Bemliese cellulose nonwoven fabric in Nobeoka, Miyazaki, Japan at the site of the company’s former polyester plant. The new plant’s production capacity is approximately 1,500 metric…

Linde to install world’s largest onsite fluorine plant in South Korea

The Linde Group’s (Munich, Germany; www.linde.com) affiliate Linde Electronics and Specialty Gases announced the construction of a new onsite fluorine plant to supply SK Hynix Semiconductor, a world-leading manufacturer of DRAM and NAND flash memories. The plant, which is said…

Evonik acquires share in JeNaCell

  Evonik Industries AG (Essen, Germany; www.evonik.com) has for the first time acquired shares in a young technology company in Germany via its venture capital arm. The Group invested in JeNaCell GmbH and now holds a minority share in the…

KBR announces two new strategic-business agreements with Bernhard Capital Partners

  KBR (Houston; www.kbr.com) has agreed to enter into two new partnerships with Bernhard Capital Partners (BCP). The first agreement will establish a new, equally owned and managed company, Brown & Root Industrial Services. KBR's Industrial Services Americas, part of…

BP starts up world’s largest PTA production unit

BP p.l.c. (London; www.bp.com) celebrated the official startup of the Phase 3 purified terephthalic acid (PTA) plant of Zhuhai Chemical Co., enhancing its position in the purified terephthalic acid market and its longterm commitment in China. BP Zhuhai, in which…

Toyo wins contract for synthetic rubber plant in Indonesia

Toyo Engineering Corp. (Toyo; Chiba, www.toyo-eng.co.jp) and PT. Inti Karya Persada Tehnik (IKPT) have been awarded a contract for a synthetic rubber plant project with a production capacity of 120,000 metric tons per year (m.t./yr) in Cilegon, Java, Indonesia from…

Total starts up lubricants plant in Singapore

Total SA (Paris; www.total.com) has announced the startup of its largest lubricant-oil blending plant in the world, located in Singapore. With a production capacity of 310,000 metric tons per year (m.t./yr) , this new major hub will boost Total’s lubricant…

Porvair Filtration completes Caribou plant expansion

  Porvair Filtration Group Ltd. (Fareham, U.K.; www.porvairfiltration.com) has doubled the size of its manufacturing and office space in Caribou and improved its existing building to provide a showcase facility. The expansion will increase manufacturing capacity and add new capabilities…