CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Imperial Oil Resources for engineering, procurement and construction work on the Kearl oil-sands project in Alberta, Canada. The value of CB&I's work scope is in excess of $900 million,…
Tantaline (Houston and Waltham, Mass; www.tantaline.com) announced a market-changing heat exchanger product. The product fills a critical need in the hot acid marketplace, giving engineers and manufacturers a higher performing, cost efficient option for highly corrosive applications. Tantaline’s new heat…
Wacker Chemie AG (Munich, Germany; www.wacker.com) has decided to expand its production facilities for hyperpure polysilicon at its Burghausen and Nünchritz sites in Germany. By taking debottlenecking measures within its integrated production network, it will increase annual quantities at each…
Bayer MaterialScience AG (BMS; Leverkusen, Germany; www.bayermaterialscience.com) plans to invest roughly €100 million in the expansion of the high-tech production plant for MDI (diphenylmethane diisocyanate) at the Bayer Brunsbüttel Industrial Park in Germany. The project is part of the phased…
Berkshire Hathaway Inc. (Omaha, Neb.; www.berkshirehathaway.com) and The Lubrizol Corporation (Wickliffe, Ohio; www.lubrizol.com) have announced a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction. The transaction, which was…
KBR, Inc. (Houston; www.kbr.com) has been awarded a contract by Inner Mongolia Connell Chemical Industry Co. (Connell) to provide licensing, basic engineering and related training and field services for its grassroots aniline plant in TongLiao, Inner Mongolia Province, China. The…
BASF SE (Ludwigshafen, Germany; www.basf.com) intends to sell up to around 19.7 million shares of fertilizer company K+S AG (Ludwigshafen, Germany; www.k-plus-s.com). BASF said that the shares would be “placed with institutional investors in an accelerated bookbuilding transaction via Bank…
Solazyme, Inc. (San Francisco, Calif.; www.solazyme.com), a leading renewable-oils and bioproducts company, announced today the execution of both a joint development agreement (JDA) and a letter of intent (LOI) with The Dow Chemical Co. (Midland, Mich.; www.dow.com) to advance the…
Siemens AG (Munich, Germany; www.siemens.com) has been awarded the contract to equip the biggest sugar refinery operating in North America. The Siemens Industry Automation Division will be supplying electrical and control technology to the producing plant, which is currently under…
The Polyurethanes division of Huntsman Corp. (Everberg, Belgium; www.huntsman.com) plans to expand its polyurethane (PU) production capabilities in India. Over the next year, Huntsman will invest $10 million in the construction of a world-class systems house in Pune, India —…