Mobile Navigation

Latest News

Solenis opens manufacturing site in Guangdong Province

Solenis (Wilmington, Del.; www.solenis.com) opened its new manufacturing site in Zhuhai City, Guangdong Province, China. With approximately 37,000 square meters of space, Solenis (Zhuhai) Chemicals Company Ltd. will produce various product lines, including functional, water and process chemistries to support…

2018 CEPCI Updates: March (prelim.) and Feb. (final)

The preliminary value for the March 2018 CE Plant Cost Index (CEPCI; most recent available) increased  compared to the previous month’s value, continuing a string of monthly increases since the beginning of the year. And for the second consecutive month,…

Emerson to acquire German pneumatics specialist Aventics

Emerson (St. Louis, Mo.; www.emerson.com) announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in smart pneumatics technologies that power machine and factory automation…

Yokogawa launches IIoT services business unit

Yokogawa Electric Corp. (Tokyo, Japan; www.yokogawa.com) has  announced the launch of amnimo Inc., a business unit that will be tasked with identifying, developing, and offering services that can add value by leveraging the industrial IoT (IIoT) architecture currently under development…

Arkema announces plans for acquisition, new adhesives plant in Japan

Arkema (Colombes, France; www.arkema.com) has announced that its Bostik-Nitta joint-venture has proposed an acquisition of the industrial adhesives business of Nitta-Gelatin Inc., as well as the construction of a new world-scale adhesives plant in Japan. These operations will enable Bostik…

WorleyParsons wins contract for Yasref refinery optimization

WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded a General Engineering Service (GES) contract by The Yanbu Aramco Sinopec Refining Co. (YASREF) to help optimize the production of its facilities.  YASREF, a joint venture between Saudi Aramco and China…

Ingevity to expand carbon activation capacity at Virginia site

Ingevity Corp. (North Charleston, S.C.; www.ingevity.com) announced that it will expand its carbon activation capacity at its Covington, Virginia, facility to meet growing global demand for pelletized carbon products primarily for use in gasoline vapor emission control systems in cars,…

Axalta invests in wood coatings manufacturing in Minnesota

Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has increased its manufacturing capability for its global industrial business by investing in the 56,000 square foot Northern Stacks complex in Fridley, Minnesota. Axalta will use the facility for research and development, focused application…

Statoil changes company name to Equinor

Equinor ASA (Stavanger, Norway; www.equinor.com), the new name of Statoil ASA, was approved at the annual general meeting on May 15, 2018, and the new name has now been registered in the Norwegian register of business enterprises (Foretaksregisteret). The company's…

BASF aligns with ExxonMobil for joint development of gas processing technologies

 ExxonMobil Catalysts and Licensing LLC and BASF (Ludwigshafen, Germany; www.basf.com) have signed an alliance agreement to jointly develop new gas treating solvents and process technologies for use in natural gas processing and petroleum refining. Under this new agreement, BASF will…