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Displaying 341 - 360 of 2810 stories.
May 7, 2013
Solvay S.A. (Brussels, Belgium; www.solvay) and Ineos AG Rolle, Switzerland; www.ineos.com) have signed a Letter of Intent (LOI) to combine their European chlorvinyls activities in a proposed 50-50 joint venture (JV). The combination would form a polyvinyl chloride (PVC) producer ranking among the top three worldwide, says Solvay. It would build on the strengths of both companies' industrial assets, the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-and-Ineos-join-forces-to-create-a-world-class-PVC-producer_10516.html
May 7, 2013
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by OJSC Gazpromneft Moscow Refinery to provide front-end engineering design (FEED) and design documentation in accordance with Russian norms, for a major investment, termed the Combined Oil Refinery Unit (CORU) Project, at the Moscow Refinery...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-FEED-contract-for-a-refinery-upgrade-in-Russia_10519.html
May 6, 2013
The Global Chemical Production Regional Index (Global CPRI) rose 0.1% in March, a subdued pace compared to January and February, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The information on the Global CPRI was part of ACC’s latest Weekly Chemistry and Economic Report.   Of the six major regions, three saw...
http://www.che.com/business_and_economics/economic_indicators.html/Global-CPRI-grows-in-March-but-at-a-subdued-pace-ACC-says_10515.html
May 2, 2013
Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that it was awarded a contract by The Dow Chemical Company (Midland, Mich.; www.dow.com) to execute a significant portion of its U.S. Gulf Coast investments. Fluor’s scope includes the engineering, procurement and construction (EPC) of a propane dehydrogenation...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-wins-contract-for-Dow-U-S-Gulf-Coast-investments_10512.html
May 1, 2013
A variety of technologies, methods and best practices are available to obtain the lowest total cost of ownership for compressors used in plants throughout the chemical process industries (CPI). This article discusses several critical areas in which concerted effort can help to reduce the overall cost of ownership.    Specifying compressors The ability to carry out proper shop-based performance...
http://www.che.com/business_and_economics/cost_engineering/Compressors-Pursuing-Lowest-Cost-of-Ownership_10473.html
May 1, 2013
Launched in 2012, Process Care Solution is a service that provides a team of experienced engineers and other experts with knowledge and expertise in process engineering and project management, to rapidly...
http://www.che.com/business_and_economics/design_engineering_and_construction/If-your-plant-is-not-performing-consider-this-engineering-service_10482.html
May 1, 2013
Plant Watch Neste Jacobs to expand enzyme production plant in Finland April 5, 2013 — Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) has signed a contract to expand an enzyme plant operated by Roal Oy (Rajamäki, Finland; www.roal.fi). Enzymes produced at the Rajamäki plant are used to make foodstuffs, clothing, animal feed, pulp and paper. The contract, which is worth several...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/AkzoNobel-and-Solvay-establish-a-partnership-on-renewable-solvents-and-more-business-news_10474.html
May 1, 2013
Preliminary data for the February 2013 CE Plant Cost Index (CEPCI), which is the most recent available, indicate that capital equipment prices declined from January to February, by 0.2%. The...
http://www.che.com/business_and_economics/plant_cost_index/Current-trends_10434.html
April 30, 2013
Domtar (Montreal, Québec, Canada; www.domtar.com) has successfully started up a commercial-scale LignoBoost lignin separation plant at its Plymouth, North Carolina mill. This is the first commercial installation of a LignoBoost plant in the world and the technology is supplied by Metso Corp. (Helsinki, Finland; www.metso.com). The LignoBoost plant is integrated with the pulp mill and separates and...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Worlds-first-commercial-LignoBoost-plant-successfully-starts-up-at-Domtar-N-C-_10510.html
April 30, 2013
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Shandong Wonfull Petrochemical Group Co. to provide the license and processing engineering design for a first-of-a-kind solid-acid alkylation unit to be located in China. The unit will be capable of producing 100,000 ton/yr of alkylate and is scheduled for startup in early 2014. The unit will use the AlkyClean process technology...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Commercial-debut-of-the-AlkyClean-solid-acid-alkylation-process_10511.html
April 29, 2013
Illa International LLC (ILLA; Long Grove, Ill.; www.illallc.com) and Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) have agreed to develop a combined offering in phenol and acetone production technologies, engineering and project services. Together, the companies intend to offer petrochemical companies an integrated, cost-competitive "one-stop-shop" approach for the purposes of revamping...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Illa-International-and-Neste-Jacobs-to-co-operate-in-the-phenol-process-business_10509.html
April 26, 2013
The U.S. Chemical Production Regional Index (US CPRI) slipped by 0.1% in March, following a revised 0.4% gain in February, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).   In its latest Weekly Chemistry and Economic Report, ACC said chemical production rose in March for the Midwest, Mid-Atlantic, Northeast and West regions, but...
http://www.che.com/business_and_economics/economic_indicators.html/U-S-CPRI-slips-in-March-ACC-says_10508.html
April 26, 2013
Stamicarbon B.V. (Stittard, the Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont S.p.A. (www.mairetecnimont.com), has signed a contract with First Global Company for revamping the urea plant of State Company for...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Stamicarbon-to-revamp-NFC-urea-plant-in-Iraq_10507.html
April 25, 2013
Despite headlines to the contrary, the U.S. economy remains in a state of slow growth, according to the American Chemistry Council's (ACC; Washington, D.C.; www.americanchemistry.com) monthly Chemical Activity Barometer (CAB), released this week. The economic indicator, shown to lead U.S. business cycles by an average of eight months, increased 0.2% over March on a three-month moving-average (3MMA) basis...
http://www.che.com/business_and_economics/economic_indicators.html/CAB-leading-economic-indicator-shows-9th-consecutive-monthly-gain-in-April_10505.html
April 25, 2013
U.S. transactions led merger and acquisition (M&A) activity in the chemicals industry in the first quarter of 2013, driving almost 45% of the total deal value as companies focused on domestic growth, according to PwC US (PriceWaterhouseCoopers LLC; New York; www.pwc.com/us). In the first three months of 2013, there were six U.S. deals worth $50 million or more, with a total value of $2.4 billion, out...
http://www.che.com/business_and_economics/economic_indicators.html/U-S-transactions-drive-Q1-deal-value-in-chemicals-M-and-A-PwC-says_10506.html
April 25, 2013
Sulzer Ltd. (Winterthur, Switzerland; www.sulzer.com) has been awarded a contract for the delivery of a production plant based on Sulzer's proprietary polylactic acid (PLA) technology (for more process details, see Chem. Eng., March 2012; www.che.com/chementator/9161.html). The facility, with a capacity of more than 10,000 ton/yr, will produce high...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Sulzer-awarded-contract-for-biopolymer-production-Plant-in-Asia_10501.html
April 25, 2013
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract with various Industrias Peñoles' mines ("Grupo Peñoles") for the delivery of grinding mills and filters for three new concentrators to be built in Mexico in the next years. The contract value is approximately EUR 30 million, and the order has been booked in Outotec's first quarter 2013 order intake. Outotec's scope...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-to-deliver-concentrator-technology-to-Mexico_10502.html
April 25, 2013
BASF SE (Ludwigshafen, Germany; www.basf.com) and Petronas Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia; www.petronaschemicals.com) intend to invest $500 million (MYR 1.5 billion) in an integrated aroma-ingredients project at their existing joint venture site BASF Petronas Chemicals in Gebeng, Kuantan. With this investment, the partners will help meet the globally growing demands of customers in the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-and-Petronas-Chemicals-Group-to-build-an-integrated-aroma-ingredients-complex-in-Malaysia_10503.html
April 24, 2013
MAN Diesel & Turbo SE (Augsburg, Germany; www.man.eu) has been awarded the contract for a major project to construct eleven turbomachinery trains in China. The contract value is in excess of €125 million. The site of the project is Yinchuan in the Ningxia region where air separation units (ASUs) are being built under the management of Linde and Hangyang for one of the world’s largest...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/MAN-supplies-compressor-technology-for-a-major-CTL-project-in-China_10498.html
April 24, 2013
Rennovia, Inc. (Menlo Park, Calif.; www.rennovia.com), announced at the PCI 6th American Nylon Symposium that it has successfully demonstrated production of hexamethylenediamine (HMD) from widely available, renewable feedstocks. Coupled with Rennovia’s previously announced renewable adipic acid, this enables for the first time the production of 100% bio-based nylon-6,6 from monomers derived from...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Rennovia-launches-HMD-as-next-product-enabling-100-percent-bio-based-nylon-66_10499.html
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