Latest News: Business
Arkema expands acrylic-resin production capacity in Brazil
The Coating Resins business of Arkema (Colombes, France; www.arkema.com) has expanded acrylic resin manufacturing capacity in Araçariguama, Brazil by 60%. The new reactor will enable manufacturing of Arkema’s product chemistries previously unavailable in the region. With the startup of the…
Molycorp to supply rare-earth metals to Siemens for wind-turbine generators
Siemens AG (Munich, Germany; www.siemens.com) has selected Molycorp Inc. (Greenwood Village, Colo.; www.molycorp.com) to supply rare-earth materials over the next 10 years from its Mountain Pass, Calif. facility for incorporation into Siemens' high-efficiency, direct drive wind turbine generators. Molycorp will…
Kobe Steel to supply vaporizers for LNG receiving terminal in Malta
Kobe Steel, Ltd. (Tokyo, Japan; www.kobelco.co.jp) announces that its intermediate fluid LNG vaporizers (IFVs) will be used in the regasification facility for the Delimara LNG Regasification Terminal under construction in Malta. Kobe Steel will supply two IFVs. Each unit…
ThyssenKrupp Indsutrial Solutions awarded contract for paraffin-wax plant in Poland
Plant engineering and construction specialist ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has been awarded a contract for the basic engineering package and license for a hard-paraffin production facility in Czechowice-Dziedzice, Poland, located about 80 km south of Katowice. The…
B&W, Magotteaux to market advanced coal and industrial pulverizer solutions
The Babcock & Wilcox Company (B&W; Charlotte, N.C.; www.babcock.com) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), and international wear solutions supplier Magotteaux (Vaux-Sous-Chevremont, Belgium; www.magotteaux.com) have formed a strategic alliance to enable B&W…
Japanese consortia to build methanol and dimethyl ether plants in Trinidad and Tobago
Mitsubishi Gas Chemical Company Inc., Mitsubishi Corp. (MC) and Mitsubishi Heavy Industries, Ltd. (MHI; all Tokyo, Japan; (MGC; www.mhi-global.com) have signed an agreement with state-owned National Gas Company of Trinidad and Tobago Ltd. (NGC) and Massy Holdings Ltd. (Massy) for the…
OECD CLI suggests strengthening growth in Europe, ACC says
The composite leading indicator (CLI) for February from the Organization for Economic Cooperation and Development (OECD; Paris; www.oecd.org) suggests “strengthening growth momentum in the Euro area,” according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council…
Messer to construct air-separation unit in Solvenia
Messer Group (Bad Soden/Frankfurt, Germany; www.messergroup.com) is investing €15 million in a modern air-separation unit (ASU) in Škofja Loka, Slovenia, which will also make a contribution to protecting the environment. Ground is to be broken at the start of 2016,…
Shin-Etsu to establish production base for photoresist polymers in Taiwan
Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) will establish a new plant in Taiwan, aiming for the expansion of its photoresists-related business. Presently, Shin-Etsu is applying to the Taiwan authorities for a construction permit, and the construction work will be started…
Yara appoints new head of downstream business unit
Yara International ASA (Oslo, Norway; www.yara.com) has appointed Terje Knutsen as head of Downstream. He succeeds Egil Hogna, who has submitted his resignation. Knutsen will assume his new position on 1 May 2015. Yara's Downstream business unit manages the company's…