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

Displaying 481 - 500 of 2173 stories.
January 1, 2013
Plant Watch Stamicarbon wins contract for urea plant in China December 6, 2012 — Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it), has been awarded a contract for a new urea plant with Inner Mongolia Erdos Chemical Industry Group Co. in China. The plant will have a capacity of 2,860 metric...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Toyo-wins-worlds-largest-single-train-urea-plant-in-Nigeria-and-more-business-news_10088.html
December 28, 2012
In February 2012, KBR (Houston; www.kbr.com) signed an agreement with TAIF-NK (www.en.taif.ru) to establish a Veba Combi Cracker (VCC) technology processing unit to be implemented at the Nizhnekamsk petroleum refinery in the Republic of Tatarstan, Russia (www.che.com/only_on_che/latest_news/9005.html). The unit, whose basic engineering phase and procurement of the long lead items has been completed, is...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/KBRs-first-VCC-technology-processing-unit-in-Russia-enters-construction-phase_10091.html
December 21, 2012
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed a contract with Atlas Copco to sell its Meyco Equipment business providing concrete spraying machines to the tunneling and mining industries. The machinery manufacturer, which is based in Stockholm, Sweden, will continue operations at the only production site of Meyco Equipment in Winterthur, Switzerland. Currently, about 40 employees work in the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-sell-Meyco-Equipment-business-to-Atlas-Copco_10081.html
December 20, 2012
Evonik Industries AG (Essen, Germany; www.evonik.com) plans to increase its annual production capacities for precipitated silica at its site in Chester, Pa. by around 20,000 metric tons. The new facility, which received an investment in lower double-digit euros range, is scheduled to become operational in 2014. The capacity expansion in Chester underscores the plans of the Evonik Group to expand its global...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-expands-U-S-production-of-precipitated-silica_10051.html
December 19, 2012
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract by Aura Minerals Inc. to provide a basic engineering package for the expansion of the process plant at its Aranzazu copper-gold-silver mine located in the state of Zacatecas, Mexico. Officials did not disclose the contract value, however noted the services are being provided from Jacobs’ offices in Mexico City...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Jacobs-receives-contract-from-Aura-Minerals-for-copper-mine-expansion_10044.html
December 19, 2012
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.co.jp) and Sojitz Corp., jointly with Renaissance Construction (RC), have received an order from JSC Gazprom Neftekhim Salavat (GNS) of the Republic of Bashkortostan, Russian Federation, for a project to construct a new acrylic acid plant capable of producing acrylic acid, butyl acrylate, and glacial acrylic acid concurrently...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/MHI-Sojitz-and-RC-receive-order-for-acrylic-acid-plant-from-Gazprom_10045.html
December 19, 2012
The City of Portland, Oregon and Lucid Energy (Portland, Ore.; www.lucidenergy.com), have reached an agreement and are set to begin construction of the city’s first in-pipe hydropower renewable-energy system. The LucidPipe Power System project, which is slated for completion in June 2013, will help the city meet its Climate Action Plan goals and reinforce Portland’s status as a global leader in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Oregon-to-have-its-first-in-pipe-hydroelectric-system_10046.html
December 19, 2012
Technip (Paris, France; www.technip), in a consortium with Asahi Kasei Chemicals Corp. Japan; www.asahi-kasei.co.jp/chemicals, was awarded by BASF SE a lump sum turnkey engineering, procurement and construction (EPC) contract, for the expansion project of a chlorine plant (chlor-alkali). The plant is situated in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Technip-awarded-EPC-contract-by-BASF_10047.html
December 19, 2012
Caloric Anlagenbau GmbH (Gräfelfing, Germany; www.caloric.com) has won the contract for a hydrogen generating plant with a capacity of 2,000 Nm³/h based on naphtha feed stock. The hydrogen unit will be located in the Czech Republic proving hydrogen to a benzene production unit. The plant design will follow Caloric’s expertise in...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Caloric-to-supply-H2-generating-plant-to-the-Czech-Republic_10048.html
December 19, 2012
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that its Global Engineering and Construction Group has been awarded a project management and consultancy (PMC) services contract by Kuwait National Petroleum Co. (KNPC) for its Clean Fuels Project at the Mina Al-Ahmadi and Mina Abdullah Refineries in Kuwait. The...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-PMC-contract-for-clean-fuels-project-in-Kuwait_10049.html
December 19, 2012
Outotec Oyj (Espoo, Finland; www.outotec.com) and Namibia Custom Smelters have agreed on the design and delivery of a gas cleaning system, sulfuric acid plant and related technologies downstream of the existing copper smelter in Tsumeb, North Province of Namibia. The total value of the contracts to be booked in Outotec's 2012 order intake is approximately €130 million. In addition, Outotec is...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-to-provide-gas-cleaning-sulfuric-acid-and-effluent-treatment-technologies-for-Namibia-Custom-Smelters_10050.html
December 18, 2012
The consortium of Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) and PT Rekayasa Industri (Rekind) has received an award as the result of the international bid for a fertilizer project from the state-owned Indonesian fertilizer company, PT Pupuk Sriwidjaja Palembang (PUSRI), which is named as “PUSRI IIB” project and will be constructed in Palembang of South Sumatra, Indonesia...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Toyo-wins-fertilizer-plant-order-in-Indonesia_10041.html
December 14, 2012
AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) today announced the divestment of its North American Decorative Paints business to PPG Industries, Inc. (PPG; Pittsburgh, Pa.; www.ppg.com), for the value of $1.05 billion. In...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/AkzoNobel-to-divest-its-North-American-Decorative-Paints-business_10039.html
December 13, 2012
KBR (Houston; www.kbr.com) announced today that Indorama Eleme Fertilizer & Chemicals Ltd. (“Indorama”) has selected KBR to provide ammonia...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-ammonia-technology-license-agreement-by-Indorama_10038.html
December 12, 2012
Outotec Oyj (Espoo, Finland; www.outotec.com) has received the global marketing rights for the Ausmelt Top Submerged Lance (TSL) technology for the fuming of zinc bearing residues from Korea Zinc Co. Prior to the Outotec acquisition of Ausmelt Ltd. in 2010, Ausmelt had granted exclusive marketing rights of its TSL zinc fuming technology to Korea Zinc Co. Outotec and Korea Zinc have now agreed to terminate...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Outotec-gets-marketing-rights-for-Ausmelt-TSL-zinc-fuming-technology_10034.html
December 12, 2012
CP Kelco (Atlanta, Ga.; www.cpkelco.com), a world-leading carboxymethyl cellulose (CMC) producer, today announces plans to increase capacity at its production facility in Äänekoski, Finland. CP Kelco will be expanding purified CMC capacity up to 25% at this facility over the next 12 to 18 months to meet expanding...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/CP-Kelco-announces-CMC-capacity-expansion-plans_10035.html
December 6, 2012
Stamicarbon B.V. (Sittard, The Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it), has been awarded two contracts for a new urea plant with Inner Mongolia Erdos Chemical Industry Group Co. in the People’s Republic of China. One is for the license and process design package and the other is for supply of the high-pressure...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Stamicarbon-wins-licensing-and-supply-contracts-for-urea-plant-in-China_10030.html
December 4, 2012
AMEC (London, U.K.; www.amec.com) has been awarded a $528 million (£330 million) Project Management Consultancy (PMC) contract by the Kuwait National Petroleum Co. (KNPC) for a new petroleum refinery at Al Zour, Kuwait. When completed in 2018, the multi-billion dollar refinery is expected to be the largest in the Middle East and will increase Kuwait’s refinery capacity by...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/AMEC-awarded-PMC-contract-for-a-new-refinery-in-Kuwait_10028.html
December 4, 2012
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) says that its main subsidiary Tecnimont S.p.A. (Rome, Italy) has been awarded by Etileno XXI Services B.V., an engineering and procurement contract on lump-sum basis for the realization of a 300,000-ton/yr...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Tecnimont-lands-LDPE-contract-in-Mexico_10029.html
December 3, 2012
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded a new project by Saudi Arabian Mining Company (Ma’aden). Fluor’s scope of work is to provide project management consulting (PMC) services related to the development of the Umm Wu’al greenfield phosphate project and related facilities in northern Saudi Arabia. Fluor will book approximately $200 million related to the contract in the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Fluor-wins-contract-for-new-Maaden-phosphate-project-in-Saudi-Arabia_10026.html
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