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Borealis invests in capacity expansion for crosslinked polyethylene, and more business news

Plant Watch Lanxess inaugurates new high-tech plastics plant in Brazil April 10, 2014 — Lanxess AG (Cologne, Germany; www.lanxess.com) inaugurated its new high-tech plastics plant in Porto Feliz, Brazil. The company has invested around €20 million in the facility, which…

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Bayer to expand HCl facility in Dormagen  

Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.de) has been issued the permit for the expansion and operation of its hydrochloric acid facility in Dormagen. The Cologne district authority issued the corresponding ruling on Tuesday following a detailed appraisal. The company can…

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Evonik invests in Algal Scientific  

Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in the technology startup Algal Scientific Corp. (Northville, Mich.; www.algalscientific.com). Evonik is part of an investors’ consortium that is investing more than $3 million in Series A financing round. Under the trade…

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Foster Wheeler awarded contract for U.S. gold facility  

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for basic engineering for the Squaw Gulch ADR2 project, a new adsorption, desorption and recovery (ADR) facility at…

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Meredian’s PHA ready for commercial-scale production  

Meredian, Inc. (Bainbridge, Ga.; www.meredian.com), a privately held biopolymer manufacturer, and Tate & Lyle Plc (London, U.K.; www.tateandlyle.com), a leading global provider of specialty food ingredients and solutions, have confirmed successful pilot production of Meredian’s polyhydroxyalkanoates (PHA) formulation process. The…

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Chemical engineers to support ‘Trillion Tonne Communiqué’  

The Institution of Chemical Engineers (IChemE; Rugby, U.K.; www.icheme.org) has given its support to the Trillion Tonne Communiqué — a global call to arms from organizations who take the science of climate change seriously and demand a proactive policy response.…

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ICL IP completing 2nd production facility for polymeric flame retardants  

ICL (Tel Aviv, Israel; www.icl-group.com) says that its ICL Industrial Products segment (ICL IP) is progressing as planned with the project to increase its production capacity of FR-122P, it's polymeric flame retardant (FR) to replace the HBCD FR which is…

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ThyssenKrupp Industrial Solutions wins fertilizer contract in Hungary  

The Hungarian fertilizer manufacturer Nitrogénmüvek Zrt. is extending its cooperation with plant engineering specialist ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com). A granulation plant with a capacity of 1,550 ton/yr of ammonium nitrate (AN) or 1,960 ton/yr of calcium ammonium…

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GEA Group to sell its Heat Exchangers Segment to Triton  

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…

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BASF to build new world-scale plant for specialty amines in Ludwigshafen  

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…