GEA Group (Düsseldorf, Germany; www.gea.com) announces the sale of its Heat Exchangers (HX) Segment to funds advised by Triton (Frankfurt am Main, Germany; www.triton-partners.com). The purchase agreement was signed today. The sale is based on an enterprise value of approximately…
BASF SE (Ludwigshafen, Germany; www.basf.com) is building a new world-scale plant for the production of specialty amines in Ludwigshafen. Startup of the facility with a total annual capacity of about 12,000 metric tons is scheduled for 2015. The product range…
Polief, a subsidiary of Sibur (Moscow; www.sibur.com), has completed its polyethylene terephthalate (PET) production expansion project in Blagoveshchensk, increasing its capacity from 140,000 to 210,000 metric tons per year (m.t./yr). As part of the production expansion project, Polief has…
WIKA Alexander Wiegand SE & Co. KG (Klingenberg, Germany; www.wika.com)has acquired Ettore Cella S.p.A. The Italian company specializes in providing pressure and temperature switches for process instrumentation. With the integration of Cella into the group of companies, WIKA sets the…
Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) has announced that their U.S. subsidiary company Shintech Inc. has applied to the State of Louisiana Department of Environment Quality for a permit to build a new plant that will produce ethylene, which is…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) recently implemented its integrated oxy-fuel combustion system for Oriental Silicas Corp. (OSC) in Taiwan, the first water-glass producer in Asia to adopt this innovative combustion technology. The system helps OSC improve product quality, reduce…
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Shandong Chengtai Chemical Industry Co. for the license and engineering design of a grassroots iso-butane dehydrogenation unit to be built in Changyi, Shandong Province, China. The unit will use…
Outotec Oyj (Espoo, Finland; www.outotec.com) received an order from a customer in India for the design and delivery of an iron-ore pelletizing plant to be constructed in North-East India. The value of the order is approximately €70 million and it…
Air Products ((Lehigh Valley, Pa.; www.airproducts.com) has announced a longterm agreement with Enterprise Products Operating LLC, a wholly-owned subsidiary of Enterprise Products Partners L.P., that will increase hydrogen supply for refinery and petrochemical customers connected to Air Products’ vast Gulf Coast Connection…
Sumitomo Corp. (Tokyo, Japan; www.sumitomocorp.co.jp) and CEPSA (Madrid, Spain; www.cepsa.com) have entered into an agreement for Sumitomo to acquire 25% of CEPSA’s subsidiary CEPSA Química China, until now 100% owned by CEPSA. Welcoming Sumitomo into the fold of the company's…