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ABB completes acquisition of Swedish control-room specialist CGM

ABB (Zurich, Switzerland; www.abb.com) has acquired the remaining shares of CGM AB to become its sole shareholder. Sweden-based CGM provides modern control-room design and ergonomic solutions for maximum control-room operator effectiveness. The acquisition complements ABB’s portfolio with the latest technology…

Borouge awards FEED contract to Neste Jacobs for UAE polyethylene modification project

Borouge, an Abu Dhabi-based provider of plastics solutions has selected Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) as a Front End Engineering and Design (FEED) service contractor for its polyethylene (PE) plant modification project, located in Ruwais industrial area, United Arab…

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Current Economic Trends: June CEPCI

The preliminary value for the June 2015 CE Plant Cost Index (CEPCI; the most recent available) continued the trend of small monthly declines since the beginning of the year. The June CEPCI is 3.1% lower than the corresponding value from…

Black & Veatch creates South African subsidiary

Black & Veatch (Overland Park, Kan.; www.bv.com), a global engineering, procurement and construction (EPC) company providing energy, water, and telecommunications solutions, announced the creation of its new local entity, Black & Veatch South Africa. Headquartered in Johannesburg, the new local…

BOC and Eastman open hydrogen plant in South Wales

Directors and staff from BOC and Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) joined key contractors at a ceremony at Eastman’s site at Newport in South Wales to mark the official opening of a hydrogen plant. BOC, a member of The…

LyondellBasell sells Argentina-based subsidiary Petroken

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that YPF S.A. and  Grupo Inversor Petroquimica S.L. have accepted an offer to purchase LyondellBasell's Argentina-based, wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroken).  The sale is expected to close in late 2015 following Brazilian…

Outotec to provide tailings-treatment paste plant to Yara Suomi

Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Yara Suomi Oy on the design and delivery of a paste plant for tailings treatment. The contract, valued at over €40 million, has been booked in Outotec's third-quarter order intake. Outotec's EPC…

MHG announces startup of commercial-scale PHA fermentation process

Meredian Holdings Group Inc. (MHG; Bainbridge, Ga.; www.MHGBio.com) announced that the company has become the world’s largest producer of polyhydroxyalkanoates (PHA) with the startup of their first commercial-scale fermenter in Bainbridge, Ga. MHG has been working over the last couple…

Air Products to supply oxy-fuel systems to Korean glass maker

Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced that it has been selected by Techpack Solutions in Korea to supply its integrated oxy-fuel solutions. It is Air Products’ second project to support this leading Korean container-glass maker that aims to reduce…

Mann+Hummel to acquire filtration operations of Affinia Group

The Mann+Hummel Group (Ludwigsburg, Germany; www.mann-hummel.com) announced that it has entered into a definitive agreement under which Mann+Hummel will acquire the global filtration operations (excluding its Affinia South America (“ASA”) operations) of Affinia Group, the manufacturer of the Wix and…