Mobile Navigation

Latest News: Business

Axens to provide reforming technology to Bangchak Petroleum in Thailand

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 announces mechanical completion on Arkansas ammonia plant

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…

BASF intends to sell its global industrial coatings business to AkzoNobel

  BASF SE (Ludwigshafen, Germany; www.basf.com) and AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) have reached a general agreement on the sale of the industrial coatings business of BASF’s Coatings division (www.basf-coatings.com) to AkzoNobel for €475 million. The transaction would include technologies,…

Technip to provide Dorr Oliver FluoSolids roasting system for KGHM in Poland

  Technip (Paris, France; www.technip.com) was awarded a contract by KGHM (www.kghm.com) to provide engineering and procurement services for a 480 metric ton per day Dorr Oliver FluoSolids roaster system for the Glogow I Copper Smelter Optimization Project in Glogow,…

Versalis and Genomatica reach pilot-scale production of bio-based butadiene

Versalis (Eni S.p.A.; Rome, Italy; www.eni.com) and Genomatica (San Diego, Calif.; www.genomatica.com) have successfully advanced to pilot-scale production of bio-butadiene (bio-BDE) from fully renewable feedstock. Versalis used this bio-BDE to make bio-rubber, specifically, bio-polybutadiene (bio-BR). These accomplishments represent a remarkable…

Torsten Derr takes over as head of Lanxess subsidiary Saltigo

  From April 1, 2016, Torsten Derr (46), currently head of the Lanxess AG (Cologne, Germany; www.lanxess.com) Board of Management’s Commercial & Supply Chain Excellence Initiative, will take over as head of Saltigo, a subsidiary of the specialty chemicals company.…

Clariant begins construction on masterbatches plant in Saudi Arabia

Clariant (Muttenz, Switzerland; www.clariant.com) announces that construction work has begun on a new, state-of–the-art masterbatch production unit in Yanbu, Saudi Arabia. The new manufacturing site belongs to Clariant Masterbatches Saudi Arabia, a joint venture of Clariant and Rowad National Plastic…

Rockwell Automation to acquire conveying-system manufacturer MagneMotion

Rockwell Automation (Milwaukee, Wis.; www.rockwellautomation.com) announced that it has agreed to purchase MagneMotion, a leading manufacturer of intelligent conveying systems. MagneMotion systems are used across a broad range of industrial applications, including automotive and general assembly, packaging and material handling.…

Lanxess and Saudi Aramco to launch synthetic-rubber JV named Arlanxeo

Lanxess AG (Cologne, Germany; www.lanxess.com) and Saudi Arabian Oil Co. (Saudi Aramco; Dhahran, Saudi Arabia; www.saudiaramco.com) have announced Arlanxeo, the name of their new joint venture (JV) for synthetic rubber. The new name and logo combines elements from the names…

Evonik to expand capacity for special PA12 powder in Marl

  Evonik Industries AG (Essen, Germany; www.evonik.de) plans to build a new production line for special polyamide 12 powder (PA12) in Marl, Germany with an investment volume in the mid double-digit million-euro range. The new plant, which is scheduled to…