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Archives :: Business & Economics :: Plant Watch, Mergers and Business News

Displaying 1 - 20 of 2178 stories.
August 1, 2014
Plant Watch ExxonMobil invests in new delayed coker unit at Belgium refinery July 7, 2014 — An affiliate of ExxonMobil (Irving, Tex., www.exxonmobil.com), Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., plans to install a new delayed coker unit at its Antwerp, Belgium petroleum refinery. The investment for this refinery upgrade totals more than $2 billion.   Five-member...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/ExxonMobil-invests-in-new-delayed-coker-unit-at-Belgium-refinery-and-more-business-news_12032.html
August 1, 2014
Hangzhou Hangding Nylon Tech. Co. and Uhde Inventa-Fischer GmbH (Berlin, Germany; www.uhde-inventa-fischer.com) have successfully commissioned a plant for the production of high-performance polyamide 6 for textile grade applications. The plant is located in the Economic Technical Development Area of Hangzhou City in Zhejiang Province, P.R. China and...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Polyamide-6-plant-commissioned-for-Hangzhou-Hangding-Nylon-Tech-_12058.html
August 1, 2014
Borealis AG (Vienna, Aurstia: www.borealisgroup.com) announces the divestment of its Biosuper business in France. The Biosuper brand, a phosphate-based dryer used in animal stables, and the related production equipment will be transferred to the new owner, Eliard SPCP, during the third quarter of 2014. This transaction will free up storage space for Borealis’ fertilizer products at its warehouse in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Borealis-to-divest-its-Biosuper-business-in-France_12059.html
August 1, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com), a global minerals and metals processing service and technology provider, has openedf its Western U.S. office in Denver, Colorado. Outotec's Canada based North America Market Area president, Marcus Horn, oversees the facilities now located in the heart of the Rocky Mountains. "Denver was a sensible choice for us and for our customers," says Marcus...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-opens-office-in-Denver_12060.html
July 30, 2014
Aveva (Cambridge, U.K.; www.aveva.com) has launched AVEVA Information Standards Manager (AVEVA ISM), a software product that enables both EPC (engineering, procurement, construction) contractors and asset owner operators to achieve greater control over critical engineering information across their projects and enterprises. It does this by rationalizing existing class libraries and imposing consistent...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Aveva-launches-a-new-application-for-governing-asset-information_12051.html
July 28, 2014
Outotec Oyj (Espoo, Finland; www.outotec.com) has purchased the assets of Kalogeo Anlagenbau GmbH (Leobersdorf, Austria) after the company became insolvent. Kalogeo has provided solutions for biomass, sludge and wastewater treatment and designed, built and operated several mid-size thermal sludge-treatment plants based on fluidized-bed technology. The transaction will not impact Outotec's financial...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-acquires-the-business-of-Kalogeo-Anlagenbau_12048.html
July 22, 2014
CB&I (The Woodlands, Tex.; www.cbi.com) and Clariant (Muttenz, Switzerland; www.clariant.com) announced today its new Ziegler-Natta (ZN) polypropylene catalyst production plant in Louisville, Kentucky, is on schedule to begin production in 2015. The plant is part of a long-term strategic partnership between Clariant’s Catalysts business unit and CB&I’s Lummus Novolen Technology...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-and-Clariants-polypropylene-catalyst-partnership-off-to-a-successful-start_12037.html
July 22, 2014
Air Liquide (Paris, France; www.airliquide.com) says that it has been selected by Natgasoline LLC, a wholly-owned subsidiary of OCI N.V., as the supplier of oxygen for its new world-scale methanol plant in Beaumont, Tex. Air Liquide will invest around €90 million (more than $120 million) in this high growth area for the chemical industry. Air Liquide has entered into a new long-term agreement to...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Liquide-expands-its-relationship-with-OCI-in-Texas_12038.html
July 21, 2014
GEA Wiegand GmbH and GEA Filtration (Ettlingen, Germany; www.gea-wiegand.com) have received an order for a revamp of an old evaporator and for a new direct-steam sterilization unit of a German gelatin manufacturer. After the commissioning phase of the evaporation plant, the customer will replace the existing ion-exchange unit and install an ultrafiltration system with a diafiltration unit for the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/GEA-Wiegand-New-orders-from-the-gelatine-industry_11989.html
July 21, 2014
Evonik Industries AG (Essen, German; www.evonik.com) plans to build a plant to produce precipitated silicas in Americana (São Paulo, Brazil). The company is investing a mid-double-digit-million euro amount; the plant is scheduled to go on stream in 2016. This will be the first production plant for highly dispersible (HD) silica in South America. This high-growth silica is used mainly for high-quality low...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-new-silica-plant-in-Brazil_11990.html
July 21, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) and AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) have entered into negotiations to build a membrane electrolysis facility at AkzoNobel’s site in Ibbenbüren, Germany. The objective of the negotiations is to establish a joint venture (JV) for the new construction and shared operation of an electrolysis facility for potassium hydroxide...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-and-AkzoNobel-look-into-production-JV-for-membrane-electrolysis-in-Ibbenburen_11991.html
July 18, 2014
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) recently opened a new plant at its production site in Bayport, Texas, which is currently the company’s second largest in the world. The new plant is devoted to producing Topsøe’s VK portfolio of extruded catalysts that are used for the production of sulfuric acid. The decision to build a new plant was made by...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Topsøe-opens-new-sulfuric-acid-catalyst-production-plant-in-Texas_11982.html
July 17, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is building a new production plant for polymer dispersants at the Goldschmidtstrasse site in Essen. The specialty chemicals company is thus investing an amount in the double-digit-million-euro range and is tripling its global capacity for polymer dispersants. Plans call for startup in the first quarter of 2015. Polymer dispersants are mainly used in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-builds-dispersant-plant-in-Essen_11981.html
July 9, 2014
On July 8, Evonik Industries AG (Essen, Germany; www.evonik.com) formally commenced operations at a new hydrogen peroxide plant in Jilin, China. The new production plant has an annual capacity of 230,000 metric tons (m.t.). Evonik has invested over one hundred million euros in the site, thereby raising its current global capacity for H2O2 production to more than 900,000 m.t./yr. “This investment...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evoniks-new-hydrogen-peroxide-plant-officially-opened-in-Jilin_11959.html
July 9, 2014
On the South Campus of Technical University Berlin (TU Berlin; www.tu-berlin.de), BASF SE (Ludwigshafen, Germany; www.basf.com) together with the Cluster of Excellence “Unifying Concepts in Catalysis” (UniCat; www.unicat.tu-berlin.de) today opened the new BasCat Laboratory building (www.bascat.tu-berlin.de). On about 1,000 square meters of laboratory and office area, 17 scientists will in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/New-BasCat-Laboratory-opens-at-TU-Berlin_11960.html
July 1, 2014
Plant Watch Ineos licenses HDPE process technology in Turkmenistan June 10, 2014 — Ineos Technologies (Rolle, Switzerland; www.ineos.com) has licensed its Innovene S process technology for the Turkmengas petrochemical complex in the Balkan Region of Turkmenistan. The new complex will produce 386,000 metric tons per year (m.t./yr) of high-density polyethylene (HDPE) alongside a 50,000-m.t./yr Ineos...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Westlake-acquires-German-PVC-producer-Vinnolit-and-more-business-news_11929.html
July 1, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com), Huntsman Corp., Shanghai Hua Yi (Group) Co., Shanghai Chlor-Alkali Chemical Co. and Sinopec Group Assets Management Corp. held a ceremony today kicking off the construction of a new plant with a production capacity of 240,000 metric tons (m.t.) of crude MDI (diphenylmethane diisocyanate) per year, at Shanghai Lianheng Isocyanate Co. (SLIC) in Caojing, China...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Consortium-plans-new-MDI-plant-in-Shanghai_11950.html
July 1, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) is making an investment in the double-digit-million euro range in a new research center at the Rheinfelden, Germany site. Starting at the beginning of 2016, research into silanes will be carried out in modern laboratories in the four-story building. Silanes are used in the electronics industry, in the tire industry, for the production of adhesives and...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-new-research-center-at-Rheinfelden-site_11951.html
June 30, 2014
Ineos (www.ineos.com) will acquire BASF SE’s (Ludwigshafen, Germany; www.basf.com) 50% share in Styrolution, a joint venture between the companies. The purchase price to be paid by Ineos amounts to €1.1 billion. A call option in favor of Ineos to buy BASF’s share in Styrolution was already included in the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Ineos-to-acquire-BASFs-share-in-Styrolution_11949.html
June 26, 2014
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Ineos to create a strong player in chlorovinyls, to be named Inovyn. The joint venture (JV) is expected to be effective by year-end following the divestments required by the European Commission. Until completion, Solvay and Ineos will continue to run their businesses separately. "Thanks to this...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-and-Ineos-to-create-chlorovinyls-producer-Inovyn_11940.html
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