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Business News: May 2023

Plant Watch Evonik plans to double global PEBA production capacity April 14, 2023 — Evonik Industries AG (Essen, Germany; www.evonik.com) is doubling its global capacity for polyether block amide (PEBA) with a twofold approach, including a major expansion of its…

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How Protective is Your PPE?

As process technologies — and their associated risks to workers — evolve, personal protective equipment must continue to push the boundaries in both functionality and comfort Personal protective equipment (PPE) — helmets, fire-resistant clothing, gloves, goggles and so on —…

PureCycle Technologies achieves mechanical completion for PP recycling plant in Ohio

PureCycle Technologies, Inc. (Orlando, Fla.) announced it has reached mechanical completion of its first polypropylene (PP) purification plant in Ironton, OH (the “Ironton Facility”), and submitted documentation to Leidos Engineering, LLC (“Leidos”), the site’s independent construction monitor, for formal certification…

Nouryon to increase production capacity for organic peroxides in Ningbo

Nouryon (Amsterdam, the Netherlands) announced that it will invest in its facility in Ningbo, China, to significantly increase the capacity of organic peroxide products Perkadox 14 and Trigonox 101. With this investment, Nouryon will double the annual production capacity to…

Dow selects Linde to supply clean hydrogen and nitrogen for net-zero cracker project in Canada

Dow, Inc. (Midland, Mich.) has selected Linde plc (Guildford, U.K.) as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions1 integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta, Canada.…

Honeywell to acquire Compressor Control Corp. for $670 million

Honeywell (Charlotte, N.C.) announced it has agreed to acquire Compressor Controls Corporation (CCC) from INDICOR, LLC, which is owned by funds affiliated with private equity firm Clayton, Dubilier & Rice, LLC and Roper Technologies, Inc., for $670 million, which represents…

Solvay to supply technology license for hydrogen peroxide mega-plant in China

Solvay S.A. (Brussels, Belgium) has signed a license agreement with Guangxi Chlor-Alkali Chemical (GHCAC)1 which will enable the Chinese partner to build and operate a hydrogen peroxide megaplant at Qinzhou (Guangxi Zhuang Autonomous Region) designed to support its 300,000-ton/yr propylene…

Saipem and Clough to jointly build major urea plant in Western Australia

Saipem S.p.A. (San Donato Milanese, Italy) and Clough, the Australian subsidiary of the Webuild Group, in an equally shared (50/50) joint venture, have reached full contractual effectiveness by the achievement of the Commencement Date for the development of Perdaman Industries’…

Abengoa starts up phase two of major desalination project in Abu Dhabi

Abengoa SA (Seville, Spain), in consortium with the company SEPCOIII, has started commercial operation of phase two of the Taweelah desalination plant (Abu Dhabi), following the successful completion of the contractual tests. This is the largest reverse osmosis desalination plant…

Stamicarbon announces contract for new urea plant in China

Stamicarbon BV (Sittard, the Netherlands) has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China. This will be the largest Stamicarbon Ultra-Low Energy plant with a design capacity of…