Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that a subsidiary of its Global Power Group has signed an asset purchase agreement with Siemens Energy, Inc. to acquire the Siemens Environmental Systems and Services business that supplies and services clean…
Chiyoda Corp. (Yokohama, Japan; www.chiyoda-corp.com) and CB&I (www.chicagobridge.com) have announced the joint venture between Chiyoda International Corp., a U.S.-based wholly owned subsidiary of Chiyoda, and CB&I has been awarded a contract valued at approximately $6 billion by Cameron LNG, LLC…
Lanxess AG (Cologne, Germany; www.lanxess.com) has divested its wholly-owned subsidiary Perlon-Monofil to the Munich-based Serafin Group for an undisclosed amount. The transaction closes with immediate effect. Perlon-Monofil GmbH is a global leader for polyamide (PA) and polyester (PET) monofilament products…
Air Liquide Group (Paris, France; www.airliquide.com) has announced three investments in France, supporting various innovation initiatives. The investments total nearly €100 million. First Air Liquide will extend and modernize its Paris-Saclay research center, near Versailles, which is its main…
Wholesale trade in chemicals grew 1.4% in the U.S. in January, to $10.8 billion, while inventories fell 1.3% to $12.6 billion, according to the most recent Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).…
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…
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…
Evonik Industries AG (Essen, Germany; www.evonik.com) has opened its expanded production plant for precipitated silica in Rayong, Thailand. With this investment, Evonik increased its capacity for precipitated silica for the automotive industry, food and animal feed industry, as well as…
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 refinery in Ulsan,…
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 increase the ammonia capacity for Agrium’s Lone Star Project in Borger, Texas. Upon completion, this world-scale…