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

Displaying 501 - 520 of 2125 stories.
October 3, 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 signed a contract with China Chengda Engineering Co. (Chengda) for the supply of high-pressure (HP) proprietary equipment for the Shahjalal Fertilizer Project (SFP) in Bangladesh. This contract follows on from the license and PDP...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Stamicarbon-to-supply-HP-equipment-for-urea-project-in-Bangladesh_9844.html
October 1, 2012
Plant Watch Solvay increases fluorinated-derivatives production capacity in France September 6, 2012 — Solvay S.A. (Brussels, Belgium; www.solvay.com) is investing over €10 million to double the capacity of the fluorinated aliphatic-derivatives production line at its plant in Salindres, France. The project’s first stage is currently underway. The Group decided to double production capacity...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BP-agrees-to-sell-Carson-refinery-and-more-business-news_9784.html
October 1, 2012
The sharply rising global demand for the high-tech plastic Apec from Bayer MaterialScience AG (Leverkusen, Germany; www.bayermaterialscience.de)  is spawning major investment in eastern Germany. Another plant for the production of a key precursor for Apec is currently under construction in the chemical industry center of Bitterfeld of a cost of approximately €50 million. The operator is Hi-Bis...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/High-tech-plastic-from-Bayer-driving-investment_9838.html
October 1, 2012
Evonik Industries AG (Essen, Germany; www.evonik.com) plans to increase the production capacity for 1-butene at its Marl site by 75,000 metric tons (m.t.) per year, and start-up is scheduled for 2015. With a total capacity of 310,000 m.t., Evonik would then be the world's top producer of 1-butene. Basic engineering for the expansion is largely finished. The overall project still...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-to-increase-production-capacity-for-1-butene_9839.html
October 1, 2012
Davy Process Technology (Davy; London, U.K.; www.davyprotech.com), a wholly owned Johnson Matthey subsidiary, and Johnson Matthey announce the successful startup of a new substitute natural gas (SNG) plant owned and operated by Datang Energy Chemical Co. (Datang) in Keshiketeng County, Inner Mongolia Autonomous Region in China. The plant uses Davy’s SNG process technology in conjunction with Johnson...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Successful-startup-of-Datang-Phase-1-SNG-plant-in-China_9840.html
October 1, 2012
KBR (Houston; www.kbr.com) was awarded a license and process-design package contract for a new Olefins Recovery Unit in Yulin city, Shanxi Province, China. The client owns an existing commercial plant of coal-to-olefins which was put into production in 2011 and is the first and largest coal-to-olefin project in the world...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-to-provide-license-and-design-package-for-olefins-recovery-unit-in-China_9843.html
September 28, 2012
Air Products (Lehigh Valley, Pa.; www.airproducts.com) says it will build and operate a new air separation unit (ASU) for Nederlandse Aardolie Maatschappij B.V. (NAM), a joint venture between Shell and Esso. The company has secured the necessary environmental and permit approvals and construction will start at the site shortly. The installation is expected to be onstream in summer 2013 and is located next...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Air-Products-to-build-new-ASU-for-enhanced-natural-gas-recovery-in-the-Netherlands_9837.html
September 27, 2012
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) is to boost capacity at one of its U.S. sites in order to meet increasing demand from the semi-conductor industry, particularly for the production of light emitting diodes (LEDs). Financial details were not disclosed. The investment — at the company's Battleground facility in Texas — involves extending the tri-methyl-aluminum (TMAL) unit...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Demand-for-new-technology-drives-multi-million-AkzoNobel-expansion_9831.html
September 27, 2012
Evonik Industries AG (Essen, Germany; www.evonik.com) is starting basic planning for a new methyl methacrylate (MMA) production plant using the Aveneer process at its Mobile, Ala. site. The capital expenditure involved will be in the three-digit million euro range. The large-scale plant, with a production capacity of 120,000 metric tons, is expected to come onstream in the middle of 2015 and will create up...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-plans-for-the-first-MMA-production-plant-using-the-Aveneer-process_9832.html
September 27, 2012
Today, Solvay S.A. (Brussels, Belgium; www.solvay.com) officially opened two rare earth recycling units in France. In order to diversify its sources of supply and preserve resources, the Group has developed a process for recovering rare earths contained in end-of-life equipment such as low-energy light bulbs, batteries or magnets. This original recycling channel derived from the Group's research programs...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Solvay-launches-rare-earth-recycling-activities-in-France_9833.html
September 27, 2012
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it) says that several contracts have been awarded to some of its subsidiaries for a total amount of approximately €135 million for engineering, procurement and technology services. In Egypt, the Group has been awarded — through its subsidiary Tecnimont KT S.p.A. (TKT) — an engineering and procurement contract for the realization of...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Maire-Tecnimont-lands-contract-for-Egyptian-refinery_9836.html
September 26, 2012
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has received a contract from Petronas, the state-owned oil company of Malaysia, to develop a basic engineering package for three sulfur recovery units (SRUs). Officials did not disclose the contract value, however noted the basic engineering services are being provided from Jacobs’ Leiden office in The...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Jacobs-wins-contract-for-three-SuperClaus-units-from-Petronas_9778.html
September 26, 2012
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com) has been awarded a contract by Compañía Minera del Pacífico S.A. (CAP Minería), to provide overall management, detailed engineering, procurement and construction (EPC) services for a thickened mine tailings disposal system at the Cerro Negro Norte iron ore project in Chile. SNC-Lavalin’s portion of the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/SNC-Lavalin-lands-EPC-contract-for-thickened-mine-tailings-project-in-Chile_9779.html
September 26, 2012
Ineos Europe AG (www.ineos.com) says it has completed supply and infrastructure agreements that will secure a significant volume of ethane feedstock from the U.S., for use in its European cracker complexes. The company has agreed to a long term deal with Range Resources - Appalachia, LLC (Fort Worth, Tex. www.rangeresources.com) for the lifting, of ethane from the Marcus Hook Facility from 2015 The...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Ineos-Europe-to-source-ethane-from-the-U-S-_9828.html
September 26, 2012
KBR (Houston; www.kbr.com) was awarded a license and engineering contract by Ohio Valley Resources LLC to execute a front-end engineering design (FEED) package to develop an EPC proposal for a fertilizer complex. The complex is proposed for Spencer County, Indiana. Other potential...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-License-FEED-and-EPC-proposal-for-fertilizer-complex-in-Indiana_9829.html
September 26, 2012
Technip (Paris, France; www.technip.com) was awarded two contracts, worth a total value of about €50 million, for the front-end engineering design (FEED) services of two petroleum refineries in Kazakhstan. These awards consist of the...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Technip-awarded-two-contracts-for-refinery-projects-in-Kazakhstan_9830.html
September 24, 2012
As the first multinational company to open a research center in China in 1997, Novo Nordisk A/S (Bagsværd, Denmark; www.novonordisk.com) now reaffirms its long-term commitment to the country by investing an additional $100 million to expand its state-of-the-art science facilities in Beijing. The new 12,000-m2 center will make it possible to increase the number of science employees from the current...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Novo-Nordisk-opens-new-bigger-R-and-D-center-in-China_9755.html
September 24, 2012
Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding its production capacity in South Korea for vinyl acetate-ethylene copolymer (VAE) dispersions. The company is constructing a new plant with an annual capacity of 40,000 metric tons (m.t.) at its site in Ulsan. This measure will almost double Ulsan’s VAE dispersion capacity, making the enlarged production complex one of the biggest of its...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Wacker-builds-new-dispersions-plant-in-South-Korea_9756.html
September 23, 2012
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) says that its wholly-owned Saudi Arabian subsidiary, JGC Gulf International Co., has been awarded a contract for an aromatics plant project from Sadara Chemical Co. (Sadara), a joint venture between Saudi Arabia Oil Company (Saudi Aramco) and The Dow Chemical Company. The lump-sum turnkey contract calls for engineering, procurement, and construction services for...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/JGC-Subsidiary-awarded-contract-for-aromatics-project-in-Saudi-Arabia_9754.html
September 21, 2012
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that China’s Jiutai Energy (Zhungeer) Co. Ltd. has licensed UOP’s methanol-to-olefins (MTO) technology to convert methanol from coal into key plastics building blocks. The UOP/Hydro MTO process converts methanol from gasified coal or natural gas to produce high yields of ethylene and propylene, building block...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/UOP-MTO-technology-selected-to-convert-coal-to-petrochemicals-in-China_9751.html
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