Velocys plc (Plain City, Ohio; www.velocys.com) has raised £52 ($85) million (excluding expenses) for its work in the area of smaller scale gas-to-liquids (GTL). The funds were raised through an oversubscribed equity placing, priced at a slight premium to the…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) says that its joint venture (JV) with AMEC and Balfour Beatty has been selected by Sellafield Ltd. to deliver its Box Encapsulation Plant (BEP) project in West Cumbria, U.K. Sellafield officials noted that…
After having worked together for years across the globe, GEA Process Engineering (Søborg, Denmark; www.gep.com) announces the acquisition of Scan-Vibro A/S from Svendborg in Denmark. The acquisition is a perfect match and the plan is to further grow and develop…
Mitsui Chemicals Inc.’s (MCI; Tokyo; www.mitsuichem.com) wholly owned subsidiary Taiwan Mitsui Chemicals, Inc. has signed an exclusive license agreement with Industrial Technology Research Institute of Taiwan (ITRI), allowing it to manufacture and distribute ITRI’s STOBA (self-terminated oligomers with hyper-branched architecture)…
Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) has announced that it has commenced preliminary engineering to expand production of methylene diphenyl diisocyanate (MDI) by investment in a new, world-scale MDI plant at its Geismar, La. site. The 400,000-metric-ton (m.t.) expansion…
Specialty chemical market volumes were flat in the U.S. for August, after gains in June and July, according to the latest weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Of the 28 specialty…
ExxonMobil Chemical Co. (Houston, Tex.; www.exxonmobilchemical.com) is increasing production of its high-performance hydrocarbon fluids by about 10% through expansion projects at its Singapore and Antwerp facilities. The additional capacity, designed to meet rapidly expanding global demand for hydrocarbon fluids and…
LG Chem (Seoul, South Korea; www.lgchem.com) has successfully delivered and commissioned the largest battery system installed in North America, a 32 MWh battery energy storage system in Tehachapi, Calif. On May 2013, Southern California Edison (SCE) selected LG Chem to…
Biofeedstock company Proterro (Ewing, N.J.; www.proterro.com) and Bunge Global Innovation, LLC, a wholly owned subsidiary of global agribusiness and food company Bunge Limited (White Plains, N.Y.; www.bunge.com), will conduct a pilot study of Proterro’s sucrose-production technology in Brazil. Under a…
ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) is making its Steam Active Reforming (STAR) process available to Formosa Plastics Corp. (FPC) for a propane dehydrogenation (PDH) plant in Texas. The PDH plant is to be built at the petrochemical complex…