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

Displaying 501 - 520 of 2130 stories.
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
October 4, 2012
Braskem Idesa S.A.P.I. awarded to a joint venture (JV) formed by Odebrecht (40%), Technip (40%) and ICA Fluor (20%) a contract worth more than $2.7 billion (around €2.1 billion) for the engineering, procurement and construction (EPC) of a petrochemical complex to be built in the Coatzacoalcos/Nanchital region, in the Mexican state of Veracruz. The petrochemical complex will include the following...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Braskem-Idesa-awards-large-EPC-contract-for-the-Ethylene-XXI-project_9847.html
October 4, 2012
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) has been awarded a urea synthesis and granulation technologies supply contract with a capacity of 2,100 ton/d for Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivian national oil company in Carrasco, Cochabamba, Bolivia. The scope of the contract includes grant of license, development of basic design and...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Toyo-awarded-a-urea-production-technology-contract-from-Bolivia_9848.html
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
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