Siemens Energy (Erlangen, Germany; www.siemens.com/energy) is to acquire a 28% stake in the Italian solar company Archimede Solar Energy S.p.A. (ASE; Massa Martana) and thus expand its competencies for solar thermal power plants. ASE is the sole producer of solar…
Malvern Instruments (Malvern, U.K.; www.malvernpanalytical.com/en) has entered into a collaborative agreement with industrial process optimization specialist SDTech (Ales, France; www.sd-tech.com/homepage.php). SDTech works primarily in custom micronization and the analysis of fine and ultra-fine powders, delivering Process Expert services to a…
DuPont (Wilmington, Del.; www.dupont.com) expects to nearly triple its annual photovoltaic sales to more than $1 billion in 2012 based on strong fundamentals for long-term revenue growth in the photovoltaic (PV) solar energy market, combined with the company’s ability to…
In order to secure supply and meet the growing demand for phosphorus pentoxide, Clariant International Ltd. (Muttenz, Switzerland; www.clariant.com) is establishing a joint venture with two Chinese partners in Kunming in the Chinese province of Yunnan. A state-of-the-art phosphorus pentoxide…
Ineos Technologies Ltd. (Runcorn, U.K.; www.ineostechnologies.com) has licensed its Innovene S Process for the manufacture of high- and medium-density polyethylene (HDPE and MDPE) to China Petrochemical International Company Ltd. for use at Sinopec Wuhan Co. in Wuhan, China. The 300,000…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced today that its Houston-headquartered subsidiary, Foster Wheeler USA Corp. (FWUSA), part of its Global Engineering and Construction Group, has been awarded the full Engineering, Procurement and Construction Management (EPCm) services contract from BP…
F. Hoffmann-La Roche Ltd. (Roche; Basel, Switzerland; www.rochemengonline.com) and Genentech, Inc. (San Francisco, Calif.; www.genentech.com) announced today that they signed a merger agreement under which Roche will acquire the outstanding publicly held interest in Genentech for $95.00 per share in…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced that subsidiaries in its Global Engineering and Construction Group, Foster Wheeler Energy Limited and Foster Wheeler (G.B.) Limited, have been awarded a contract by Indian Oil Corporation Limited (IOCL) for a grassroots petroleum…
Process Systems Enterprise (PSE; London, England; www.psenterprise.com), providers of the gPROMS advanced process modeling system and related services to the process industries, and Hyperion Systems Engineering Ltd. (Nicosia, Cyprus; www.hyperion.com.cy) the leading independent simulation-solutions supplier, today announced the appointment of…
LyondellBasell Industries (Rotterdam, Netherlands; www. Lyondellbasell.com), a partner with SAT &Co. and KMGEP of Kazakhstan Petrochemical Industries Ltd. (KPI), today reaffirmed its ongoing participation in the development and construction, of an integrated petrochemical complex and a gas separation unit (GSU)…