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

Displaying 81 - 100 of 2181 stories.
March 24, 2014
Velocys plc (Plain City, Ohio; www.velocys.com) has entered a joint venture (JV) with Waste Management (www.wm.com), NRG Energy (NRG; www.nrgenergy.com), and Ventech Engineers International (Ventech; www.ventech-eng.com) to develop gas-to-liquids (GTL) plants in the U.S. and other select geographies. The JV will pursue the development of multiple plants utilizing a combination of renewable biogas...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/GTL-joint-venture_11639.html
March 24, 2014
The member companies of the Large Industrial Plant Manufacturers ́ Group (AGAB) at the German Engineering Federation (VDMA; Frankfurt am Main, Germany; www.vdma.org) booked orders worth €21.2 billion in 2013, a 3% increase year-on-year (2012: €20.5 billion). The industry is continuing to experience a fundamental shift in the business environment. “To an increasing extent, customers expect...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/German-Engineering-and-Construction-staying-competitive-in-a-volatile-environment_11640.html
March 14, 2014
Novo Nordisk A/S (Bagsværd, Denmark; www.novonordisk.com) is increasing its drug development capacity by investing 550 million Danish kroner ($100 million) in a new research and development facility in Bagsværd, Denmark. The purification plant will expand the company’s capacity to produce active pharmaceutical...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Novo-Nordisk-invests-in-new-purification-pilot-plant-in-Denmark_11587.html
March 14, 2014
On February 15, 2014, Kreisel GmbH & Co. KG (Krauschwitz, Germany; www.kreisel.eu) took over the business of the insolvent Schäffer Verfahrenstechnik GmbH & Co. KG in Thierhaupten near Augsburg. The approximately 30 employees will retain their jobs in the newly founded Schäffer Verfahrenstechnik GmbH. In this way, the planning, design and manufacturing of sophisticated bulk material...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Kreisel-strengthens-its-position-in-southern-Germany-_11588.html
March 13, 2014
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) for a residue upgrading project at S-OIL’s Onsan...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Foster-Wheeler-awarded-FEED-contracts-by-S-OIL-for-residue-upgrading-project_11582.html
March 13, 2014
KBR (Houston; www.kbr.com) says that Agrium awarded the company two engineering, procurement and construction (EPC) contracts for a new grassroots urea plant and to...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-awarded-EPC-contracts-for-Agriums-nitrogen-operations-Facility_11583.html
March 13, 2014
Evonik Industries AG (Essen, Germany; www.evonik.com) will build the world's first plant for the production of Aquavi Met-Met — a new source of methionine specially developed for shrimp and other crustaceans — in Antwerp, Belgium. Aquavi Met-Met is added to the feed used in aquacultures. The plant is scheduled to commence operation in late 2015. The investment volume is in the lower...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Evonik-invests-in-innovative-methionine-source-for-shrimp_11584.html
March 10, 2014
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) officially opened a large extension of the company's catalyst plant in Frederikssund, Denmark. This plant and a plant in Houston, Texas, constitute the company's two primary facilities globally. The extension, representing an investment in excess of DKK 300 million (nearly $56 million), consists of the addition of a new production unit (called P6)...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Haldor-Topsøe-expands-its-Frederikssund-catalyst-plant_11579.html
March 7, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) today inaugurated a new global Research and Development (R&D) Center at its Thane site in Navi Mumbai, India, focusing on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular modeling. With an initial investment of €2 million, this new facility has been set up by BASF under...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-opens-global-R-and-D-center-in-Mumbai_11576.html
March 5, 2014
ThyssenKrupp Industrial Solutions (Essen, Germany; www.thyssenkrupp-industrial-solutions.com), the ThyssenKrupp Group’s plant engineering specialist, has received an order to build a cement clinker production line in Algeria. The customer is Société des Ciments de Ain El Kebira (SCAEK), a subsidiary of Algerian cement manufacturer Groupe Industriel des Ciments d’Algérie...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/ThyssenKrupp-Industrial-Solutions-to-build-turnkey-cement-plant-in-Algeria_11570.html
March 5, 2014
As part of its ongoing commitment to innovation, The Dow Chemical Company (Midland, Mich.; www.dow.com) announced today that a new research and development (R&D) facility will be built in Lake Jackson, Texas, near its largest manufacturing site in Freeport, Texas. The Texas Innovation Center will house state-of-the-art laboratory facilities and technical expertise centers to enable ongoing innovation...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Dow-to-build-new-R-and-D-facility-in-Texas_11572.html
March 3, 2014
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been appointed to provide detailed engineering and procurement services for the tankfarm, piperack, and flare units of Phase 1 of the North West Redwater Partnership’s greenfield bitumen...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/WorleyParsons-awarded-Canadian-bitumen-refinery-project_11566.html
March 3, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) will build a new world-scale production plant to manufacture specialty amines at its existing wholly-owned site in the Nanjing Chemical Industry Park in China. The plant, which is scheduled to come on stream in late 2015, will have dimethylaminopropylamine (DMAPA) and...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-build-world-scale-specialty-amines-plant-in-Nanjing_11567.html
March 3, 2014
Succinity GmbH (Düsseldorf, Germany; www.succinity.com), the joint venture between Corbion Purac and BASF for the production and commercialization of biobased succinic acid, has announced the successful start-up of its first commercial production facility. The plant, located at the Corbion Purac site in Montmeló, Spain, has an annual capacity of 10,000 metric tons and is producing commercial...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Succinity-produces-first-commercial-quantities-of-biobased-succinic-acid_11568.html
March 1, 2014
Plant Watch SNC-Lavalin wins contract for sulfuric-acid project in Saudi Arabia February 7, 2014 — SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com), in consortium with Sinopec Engineering Group, has signed a contract with Ma’aden in Saudi Arabia to provide engineering, procurement, construction, commissioning and startup services for a three-line sulfuric acid plant. The total...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/BASF-to-manufacture-chelating-agent-at-new-plant-in-Alabama-and-more-business-news_11545.html
February 27, 2014
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) has signed a license agreement for its proprietary hydrogen sulfide and sodium sulfide production-process technology with Zhejiang Engineering Design Co. (ZED) in China, to serve as a proxy for licensing the technology to Chinese clients. Hydrogen sulfide is used as a feedstock during production of sulfur-containing compounds. Demand has increased significantly...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/JGC-finalizes-license-agreement-for-sulfides-in-China_11561.html
February 27, 2014
BASF SE (Ludwigshafen, Germany; www.basf.com) and Kemira Oyj (Helsinki, Finland; www.kemira.com) announced today that Kemira will acquire BASF’s global alkyl ketene dimer (AKD) emulsion business. The transaction is expected to close in the first half of 2014. “Kemira is a global leader in paper and pulp chemistry and the leading supplier of...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/Kemira-acquires-BASF-AKD-emulsion-business_11562.html
February 27, 2014
ABB (Zurich, Switzerland; www.abb.com) officially inaugurated its fifth factory in Brazil in the presence of the Minister of Development, Industry and Foreign Trade, Mauro Borges, and the Governor of São Paulo Geraldo Alckmin. The new plant is part of a $200-million investment to expand ABB’s...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/ABB-opens-fifth-factory-in-Brazil_11563.html
February 26, 2014
ZeoGas LLC (Houston; www.zeogas.com) secures MegaMethanol technology license from Air Liquide Global E&C Solutions, a subsidiary of Air Liquide Group (Paris, France; www.airliquide.com). When completed, the production capacity of the licensed facility will be 5,000 metric tons (m.t.) per day of Grade AA methanol. ZeoGas will operate the MegaMethanol plant for its own account, using the methanol as...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/ZeoGas-secures-Air-Liquides-MegaMethanol-technology-license_11558.html
February 20, 2014
KBR (Houston; www.kbr.com) says that Eurochem will use KBR’s Purifier technology licensed through Tecnimont S.p.A. (Rome, Italy; www.mairetecnimont.com), in the design of two new ammonia plants located at...
http://www.che.com/business_and_economics/plant_watch_mergers_and_bus_news/KBR-to-provide-Purifier-technology-for-two-Russian-ammonia-plants_11496.html
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