Latest News: Business
Titan Metal Fabricators appoints new VP
Titan Metal Fabricators (Camarillo, Calif.; www.titanmf.com) has announced the promotion of Nick Zentil to vice president, sales and marketing, for Titan’s global operations. Since joining Titan in 2006, Zentil has held a series of engineering and operational management positions, most…
ThyssenKrupp Uhde Chlorine Engineers starts business operations
The joint venture between plant engineering and construction specialist ThyssenKrupp Industrial Solutions AG (Dortmund, Germany; www.thyssenkrupp-industrial-solutions.com) and electrochemical technologies supplier De Nora S.p.A. (Milan, Italy; www.denora.com) was concluded successfully on April 1st, 2015. It will trade under the name ThyssenKrupp…
Sipchem starts up manufacturing facility for EVA and LDPE
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia; www.sipchem.com) has announced the commencement of commercial operation of the ethylene vinyl acetate (EVA) and low-density polyethylene (LDPE) plant of the International Polymers Co. (a Sipchem affiliate), after successful completion of…
Sinopec Engineering and EMRE to develop fluidized-bed MTG technology
Sinopec Engineering (Group) Co. (SEG; Beijing, China; www.sinopecgroup.com) and ExxonMobil Research and Engineering Co. (EMRE; Fairfax, Va.; www.exxonmobil.com/refiningtechnologies) are participating in a cooperative development agreement (CDA) for the advancement of fluidized-bed methanol-to-gasoline (MTG) technology. The CDA will leverage the two…
Haldor Topsøe and Ferrostaal to form joint venture
Ferrostaal GmbH (Essen, Germany; www.ferrostaal.com), a leading global project developer for industrial plants, and Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com), a world leader in catalysis and related process technologies, have established Ferrostaal Topsoe Projects GmbH, a new joint venture (JV)…
Clariant inaugurates dessicant manufacturing facility in China
Clariant (Muttenz, Switzerland; www.clariant.com) announced the inauguration of a new manufacturing facility, acquired through their recent acquisition of healthcare packaging company VitaPac. The Dongguan plant, located in Guangdong province in southeast China, will enhance Clariant's existing portfolio of controlled atmosphere…
KBR and Socar set up joint venture in Azerbaijan
KBR, Inc. (Houston; www.kbr.com) announced that it has signed a joint venture (JV) agreement with the State Oil Company of Azerbaijan Republic (Socar) to establish a new engineering and support services company in Azerbaijan. With support from KBR and Socar,…
Yara appoints new CEO
The board of directors of Yara International (Oslo, Norway; www.yara.com) has appointed Svein Tore Holsether as the company's new president and chief executive officer (CEO). He will succeed acting CEO Torgeir Kvidal within October 2015. Holsether currently serves as President…
Chemical Activity Barometer was flat during March, ACC says
The Chemical Activity Barometer (CAB), a leading economic indicator developed by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), was flat in March, following stronger gains in January and February, according to the ACC’s latest Weekly Chemistry and Economic Report.…
Olin to merge with Dow chlor-alkali business
The Dow Chemical Company (Dow; Midland, Mich.; www.dow.com) and Olin Corp. (Clayton, Mo.; www.olin.com) have announced that the boards of directors of both companies unanimously approved a definitive agreement under which Dow will separate a significant portion of its chlorine…