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

Displaying 481 - 500 of 2127 stories.
October 22, 2012
The first solar tower power plant in North Africa will be built in Algeria. The People's Democratic Republic of Algeria Ministry of Higher Education and Scientific Research and the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (Bundesministeriums für Umwelt, Naturschutz und Reaktorsicherheit; BMU) have agreed to collaborate on this project. The aim is to build a...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Algeria-plans-construction-of-first-solar-tower-power-plant-in-North-Africa_9876.html
October 21, 2012
Samsung Engineering Co.(Seoul, Korea; www.samsungengineering.co.kr) was formally awarded the Yanbu petroleum-refinery expansion project from Luberef (Saudi Aramco Lubricating Oil Refining Co.) on October 20th in Dhahran, Saudi Arabia. Luberef’s president and CEO Ali A. Al-Hazmi met with Samsung Engineering’s...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Samsung-Engineering-signs-contract-for-major-refinery-revamp-with-Luberef_9874.html
October 18, 2012
Solvay S.A. (Brussels, Belgium; www.solvay.com) says it is reinforcing its leadership on the growing world market for Solef polyvinylidene fluoride (PVDF) by starting up a new production capacity at its Tavaux plant, France. Solvay invested €26 million to increase the PVDF production capacity at the plant by 50%. Solvay's Solef PVDF is, among others, used for demanding applications in oil & gas...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-doubles-PVDF-production-capacity-in-France_9868.html
October 18, 2012
Praxair Peru (www.praxair.com.pe), a subsidiary of Praxair, Inc. (Danbury, Conn.; www.praxair.com), has started up a new air separation unit (ASU) to expand Praxair’s supply of industrial gases to one of the largest producers...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Praxair-starts-up-ASU-in-Peru_9871.html
October 18, 2012
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded an initial contract by Baikal Mining Co. (as part of MetaloInvest) for the definition phase of the Udokan copper deposit development project in Russia. Fluor booked the undisclosed contract amount in the third quarter of 2012. Baikal Mining Co. commenced work on the definition phase study with Fluor Canada Ltd. and it is expected to continue...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-awarded-contract-for-Udokan-copper-project-in-Russia_9872.html
October 17, 2012
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.co.jp) has been awarded by Statoil, an international energy company with headquarters in Norway, to undertake a concept study for a technology qualification program (TQP) for one of the world's largest carbon dioxide capture facilities. The approximately 3,400 ton/d CO2 recovery system is targeted for installation at a 280-MW gas-fired combined...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/MHI-awarded-concept-study-for-large-CO2-recovery-facility-in-Norway_9863.html
October 17, 2012
CB&I's (The Woodlands, Tex.; www.cbi.com) Lummus Technology has been awarded a contract by Huating Coal Group Co., Ltd. for the license, basic engineering and related services for a...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Lummus-Technology-awarded-PP-contract-in-China_9864.html
October 17, 2012
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) says that its wholly-owned Saudi Arabian subsidiary, JGC Gulf International Co. (JGC Gulf), has been awarded a contract for expansion of ethylene manufacturing facilities for the Rabigh Phase II Project. The contract was awarded by client Saudi Aramco and Sumitomo Chemical Co. The lump-sum turnkey contract calls for the engineering, procurement, and construction...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/JGC-subsidiary-awarded-ethylene-facility-expansion-project-in-Saudi-Arabia_9865.html
October 17, 2012
Hillenbrand, Inc. (Batesville, Ind.; www.hillenbrand.com) has agreed to acquire the Coperion Group (Stuttgart, Germany; www.coperion.com) . The transaction is anticipated to close by December 31, 2012, subject to regulatory approvals. Hillenbrand is a strategic global diversified industrial company, publicly listed on the New York Stock Exchange and will acquire Coperion from Deutsche Beteiligungs AG, a...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Hillenbrand-to-acquire-Coperion_9866.html
October 17, 2012
Uhde Inventa-Fischer (Domat/Ems, Switzerland; www.uhde-inventa-fischer.com) is to build a polyethylene terephthalate (PET) plant for its Indian customer JBF Industries Ltd., a leading producer of polyester granules. The plant with a total name plate capacity of 432,000 metric tons (m.t.) per year will be located in Geel, Belgium, and will produce high-quality PET for bottling and packaging applications...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Uhde-Inventa-Fischer-to-build-Europe`s-biggest-PET-plant_9867.html
October 15, 2012
Clariant (Muttenz, Switzerland; www.clariant.com) , a world leader in Specialty Chemicals, today announced to expand the production capacity for Houdry dehydrogenation catalysts. The expansion will be achieved by a low double-digit million Swiss francs investment at its current Louisville, Ky. plant. Production is planned to start in September...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-expands-production-capacity-for-dehydrogenation-catalysts_9860.html
October 12, 2012
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) say that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction management (EPCm) contract by Lanxess Butyl Pte. Ltd. for a new neodymium-polybutadiene (Nd-PBR) rubber plant to be built on Jurong Island, Singapore. This award follows Foster Wheeler’s successful completion of...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-EPCm-contract-for-Lanxess-Nd-PBR-plant-in-Singapore_9858.html
October 12, 2012
OCI Construction Group has selected ThyssenKrupp Uhde GmbH (Uhde; Dortmund, Germany; www.uhde.eu) for an engineering and procurement contract for the construction of one of the world’s largest single-train liquid fertilizer plants to be built in the U.S. Uhde was awarded the contract for the design and supply of a liquid fertilizer plant, which will be built near Wever, Iowa through its U.S. business...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Uhde-to-engineer-one-of-the-worlds-largest-liquid-fertilizer-plants_9859.html
October 11, 2012
Air Products (Lehigh Valley, Pa.; www.airproducts.com) says that Indura, its South American joint venture, has opened a new 84-ton/d industrial gas plant producing liquid oxygen, nitrogen and argon in Puerto Varas, Chile. The new facility, which will include a cylinder filling...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-Indura-opens-new-liquid-plant-in-Chile_9857.html
October 10, 2012
Novasep (Pompey, France; www.novasep.com) announces today an investment of €30 million to build in Europe what will be the world's largest chromatography plant used for the production of a large volume commercial API (active pharmaceutical ingredient). The plant will be built on Novasep's existing Mourenx site in France and will be operational and validated within 18 months. Both the development of an...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Novasep-to-build-worlds-largest-chromatography-plant-for-the-pharmaceutical-industry_9854.html
October 10, 2012
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com) has been awarded a contract by the Chuquicamata Division of Codelco Chile to provide overall project management, as well as detailed engineering, procurement and construction management (EPCM) services, for the upgrade of...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/SNC-Lavalin-awarded-EPCM-contract-by-Codelco-in-Chile_9856.html
October 9, 2012
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded contracts by Occidental Chemical Corp. for the technology license, basic engineering and front end engineering and...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/CB-and-I-lands-FEED-contract-for-new-cracker-in-the-U-S_9851.html
October 9, 2012
Clariant (Muttenz, Switzerland; www.clariant.com) is opening a second production unit for the successful flame retardant (FR) Exolit OP at the Hürth-Knapsack plant near Cologne. The established non-halogenated additive is used primarily in the electronics and electrical engineering (E&EE) sector. The new facility doubles the capacity for DEPAL (diethyl phosphinic acid aluminum salt)-based FRs...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Clariant-opens-new-production-unit-for-halogen-free-flame-retardants-in-Hurth-Knapsack_9852.html
October 9, 2012
Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that Shell selected the firm as its engineering, procurement and construction (EPC) contractor for Shell’s carbon capture facility for its flagship carbon capture and storage (CCS) Quest project at the Athabasca Oil Sands project in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-to-build-Shells-Quest-carbon-capture-facility-in-Canada_9853.html
October 5, 2012
BASF SE (Ludwigshafen, Germany; www.basf.com) and Purac (Diemen, The Netherlands), a subsidiary of CSM (www.csmglobal.com), are establishing a joint venture (JV) for the production and sale of biobased succinic acid. The company will be named Succinity GmbH and will be operational in 2013. The establishment of Succinity GmbH is subject to filing with the relevant competition authorities. The company...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-and-CSM-establish-50-50-JV-for-biobased-succinic-acid_9849.html
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