Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Peñoles Group to provide zinc production related technologies to the Met-Mex Peñoles' zinc production facility in Torreon, Mexico. The contract, valued at approximately EUR 24 million, has been booked in Outotec's first…
Yokogawa Corporation of America (Sugar Land, Tex.; www.yokogawa.com/us) announced that Shuji Mori, a company veteran who has been with Yokogawa for nearly three decades, has been appointed Chief Executive Officer (CEO) of Yokogawa Corporation of America. In the role of…
Ashland Inc. (Columbus, Ohio; www.ashland.com) has established the Ashland Corrosion Science Center (ACSC) as a new center of excellence to support corrosion applications based on fiber reinforced polymers (FRP). The ACSC is a forum where industry partners, end-users, design engineers…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes rose a strong 0.6 percent in February. This follows an upwardly revised 0.4 percent gain in January. Volumes have generally been moving up since May.…
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) announces its intention to increase its equity in Lubrizol India Private Limited (LIPL), currently a 50-50 joint venture between Lubrizol and Indian Oil Corporation Limited (Indian Oil). Indian Oil has received in-principle approval from…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that Stork, Fluor’s maintenance, modification and asset integrity segment, was awarded a five-year contract by Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) for maintenance and sustaining small capital projects at four of its differentiated chemicals…
Honeywell today announced that Hindustan Petroleum Corporation Ltd. (HPCL) is using technologies from Honeywell UOP (Des Plaines, Ill.; www.uop.com) for the expansion and modernization of its refinery at Visakhapatnam in Andhra Pradesh on the southeast coast of India. Included in…
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract valued at approximately $460 million by NefteGazIndustriya, LLC, through project developer China National Chemical Engineering Co., for the Afipsky Oil Refinery Expansion Project in Krasnodar, Russia. The project was included…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), posted its strongest year-over-year gain in nearly seven years. The 5.5 percent increase over this time last year reflects elevated consumer…
Abengoa (Seville, Spain; www.abengoa.com) and private equity firm Trilantic Europe have signed an agreement under which Trilantic will acquire Abengoa’s four bioethanol plants in Spain and France. The deal is valued at €140 million, including the debt assumed by the…