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August 7, 2013
Ametek, Inc. (Berwyn, Pa.; www.ametek.com) has announced that it has acquired Controls Southeast, Inc. (CSI), a manufacturer of custom-engineered thermal solutions, from Industrial Growth Partners for approximately $160 million.  Based near Charlotte, NC, Controls...
http://www.che.com/only_on_che/latest_news/Ametek-acquires-Controls-Southeast-for-$160-million_10861.html
August 7, 2013
Solazyme, Inc. (South San Francisco, Calif.; www.solazyme.com), a renewable oil and bioproducts company, and Sasol Olefins & Surfactants have announced that they have finalized commercial terms for the supply of an algal oil rich in erucic acid (C22:1) that is under development at Solazyme for production of downstream derivatives such as behenyl alcohol. Sasol O&S...
http://www.che.com/only_on_che/latest_news/Solazyme-to-supply-algal-oil-to-Sasol_10862.html
August 7, 2013
Ashland Inc. (Covington, Ken.; www.ashland.com)  has opened its new gelcoats production facility in the Chemical Industry Park of Changzhou Yangtze Riverside Economic Development Zone. This $60 million dollar facility, which is...
http://www.che.com/only_on_che/latest_news/Ashland-opens-gelcoats-facility-in-China_10863.html
August 5, 2013
Johnson Matthey Davy Technologies (JM Davy; London, U.K. www.davyprotech.com) and The Dow Chemical Company (Midland, Mich.; www.dow.com) announced that PetroChina Guangdong Petrochemical Co., a subsidiary of PetroChina Company Ltd. (PetroChina), China's largest oil-and-gas producer and distributor, has selected LP Oxo Technology to produce 2-ethylhexanol, n-butanol and iso-butyraldehyde in its major...
http://www.che.com/only_on_che/latest_news/Dow-and-Johnson-Matthey-Davy-Technologies-License-LP-Oxo-Technology-to-PetroChina_10853.html
August 5, 2013
ABB (Zurich, Switzerland; www.abb.com), a power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) system business. The parties agreed not to disclose financial details of the transaction. The business, based in Bilbao, Spain, has about 120 employees and will become part of ABB’s Process Automation division...
http://www.che.com/only_on_che/latest_news/ABB-acquires-ring-motor-business-from-Alstom_10854.html
August 5, 2013
Sibur (Moscow, Russia; www.sibur.com) a gas processing and petrochemicals company and China Petroleum and Chemical Corporation (Sinopec Corp.), a major global petroleum and petrochemical enterprise group entered into a joint venture developed on the site of the Krasnoyarsk Synthetic Rubber Plant (KZSK). Sinopec purchased 25% + 1 share of...
http://www.che.com/only_on_che/latest_news/Sibur-and-Sinopec-establish-a-joint-venture-to-produce-synthetic-rubbers_10855.html
August 5, 2013
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction (EPC) contract by Enterprise Products Operating LLC...
http://www.che.com/only_on_che/latest_news/Foster-Wheeler-wins-contract-for-Enterprise-propane-dehydrogenation-project-in-Mont-Belvieu-Tex-_10856.html
August 5, 2013
Neville Venture (Pittsburgh, Pa. www.nevchem.com), a joint venture between US-based companies GTC Technology and Neville Chemical Co., has signed a strategic partnership...
http://www.che.com/only_on_che/latest_news/GTC-TechnologyNeville-Chemical-JV-to-provide-technology-for-Versalis-plant-in-Italy_10857.html
August 2, 2013
Rive Technology (Princeton, N.J.; www.rivetechnology.com), a provider of innovative materials-based solutions for catalytic and separations processes in the petroleum refining, chemicals, water and biofuels industries, today announced the closing of a $20 million round of financing from leading energy investors. Saudi Aramco Energy Ventures (SAEV) led the financing with participation from Mitsui Global...
http://www.che.com/only_on_che/latest_news/Rive-Technology-raises-$20-million-in-Series-D-Financing_10849.html
August 2, 2013
The Manufacturing PMI (Purchasing Manager’s Index) for the U.S. rose by 4.5 points in July to 55.4, its highest level in two years, according to data from the Institute for Supply Management that was included in the American Chemistry Council’s (ACC: Washington, D.C.; www.americanchemistry.com) latest Weekly Chemistry and Economic Report. The rise in PMI for July is a “sign that business...
http://www.che.com/only_on_che/latest_news/PMI-in-U-S-at-highest-level-in-two-years-Global-PMI-up-slightly-ACC-says_10850.html
August 2, 2013
Messer (Bad Soden/Frankfurt, Germany; www.messergroup.com), the largest owner-managed industrial gas specialist worldwide, continues to drive its development in China. In the Paojiang industrial zone located in Shaoxing in Zhejiang province, the company is building a new air...
http://www.che.com/only_on_che/latest_news/Messer-continues-to-grow-in-China_10852.html
August 1, 2013
During remarks at the U.S. Energy Dept.’s (DOE; Washington, D.C.; www.energy.gov) Biomass 2013 annual conference, Secretary Moniz today highlighted the important role biofuels play in the Administration’s Climate Action Plan to increase our energy security and reduce greenhouse gas emissions from the transportation sector. Secretary Moniz also announced over $22 million in new investments to...
http://www.che.com/only_on_che/latest_news/DOE-announces-new-biofuels-projects_10848.html
July 31, 2013
Thermal energy accounts for around 70% of industry’s final energy consumption in Europe. Solar collectors can provide the majority of this industrial process heat. Although the application of solar collectors for industrial applications will depend on the application and the location, two main arguments for using solar collectors are saving energy (and costs) and reducing environmental impact. Saving...
http://www.che.com/only_on_che/web_features/Producing-Solar-Process-Heat-with-Fresnel-Collectors-in-the-CPI_10845.html
July 31, 2013
Nikkiso Co. (Tokyo, Japan) the manufacturer of fluid control technologies, has acquired Geveke B.V. (Amsterdam, the Netherlands), a sales company and system integrator of industrial pumps and compressors, as a strategic investment at this end of July 2013. Nikkiso is driving its presence in the global oil-and-gas market together with its German subsidiary Lewa GmbH (Leonberg, Germany; www.lewa.com), the...
http://www.che.com/only_on_che/latest_news/Lewa-Nikkiso-acquires-Geveke_10844.html
July 31, 2013
Specialty chemical maker Clariant (Muttenz, Switzerland; www.clariant.com) is proceeding with a 50% expansion in capacity at its Azo pigments and pigment preparations plants in Roha, India. This recently approved investment...
http://www.che.com/only_on_che/latest_news/Clariant-capacity-expansion-for-pigments-approved_10846.html
July 31, 2013
The U.S. Energy Department (DOE; Washington, D.C.; www.energy.gov) today recognized the nation’s first commercial-scale cellulosic ethanol production at Ineos Bio’s Indian River BioEnergy Center in Vero Beach, Florida. Developed through a joint venture between Ineos Bio and New Planet Energy, the project uses a unique hybrid of gasification and fermentation technology — originally...
http://www.che.com/only_on_che/latest_news/Florida-project-produces-U-Ss-first-cellulosic-ethanol-at-commercial-scale_10847.html
July 30, 2013
Foster Wheeler AG (Zug Switzerland; www.fwc.com) has announced that a subsidiary of its Global Engineering and Construction Group has been awarded a project management and consultancy (PMC) services contract by the Nghi Son Refinery and Petrochemical Limited Liability Company for its Nghi Son Refinery and Petrochemical (NSRP) Complex to be constructed in the Nghi Son Economic Zone, Thanh Hoa Province...
http://www.che.com/only_on_che/latest_news/Foster-Wheeler-to-provide-management-and-consultancy-service-for-refinery-in-Vietnam_10840.html
July 30, 2013
Eastman Chemical Company (Kingsport, Tenn.; www.eastman.com) has announced plans to increase the Tritan copolyester capacity at its Kingsport...
http://www.che.com/only_on_che/latest_news/Eastman-to-expand-production-of-Tritan-copolyester_10841.html
July 30, 2013
Pexco LLC (Atlanta, Ga.; www.pexco.com), a North American specialty plastics extruder-processor, has acquired Scandia Plastics, Inc. of Plaistow, New Hampshire. Scandia is a custom extrusion business...
http://www.che.com/only_on_che/latest_news/Pexco-acquires-Scandia-Plastics-deepens-specialty-plastics-machining-capability_10842.html
July 30, 2013
Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that it was awarded a contract by Freeport-McMoRan Copper & Gold to provide construction management (CM) services for the expansion of the Cerro Verde mine in Peru. Fluor previously provided engineering and procurement services on the project beginning in early 2012. For the new...
http://www.che.com/only_on_che/latest_news/Fluor-selected-for-Cerro-Verde-mine-expansion-project-in-Peru_10843.html
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