Ashland Inc. (Covington, Ken.; www.ashland.com) has opened its new gelcoats production facility in the Chemical Industry Park of Changzhou Yangtze Riverside Economic Development Zone. This $60 million dollar facility, which is Ashland’s most advanced gelcoats plant in the world, serves…
Neville Venture (Pittsburgh, Pa. www.nevchem.com), a joint venture between US-based companies GTC Technology and Neville Chemical Co., has signed a strategic partnership agreement with Versalis (Eni) for the production of hydrocarbon resins at Versalis’s plant in Priolo, Italy. GTC also…
Johnson Matthey Davy Technologies (JM Davy; London, U.K. www.davyprotech.com) and The Dow Chemical Company (Midland, Mich.; www.dow.com) announced that PetroChina Guangdong Petrochemical Co., a subsidiary of PetroChina Company Ltd. (PetroChina), China's largest oil-and-gas producer and distributor, has selected LP Oxo…
ABB (Zurich, Switzerland; www.abb.com), a power and automation technology group, announced today the acquisition of Alstom’s ring motor business to enhance its gearless mill drive (GMD) system business. The parties agreed not to disclose financial details of the transaction. The…
Sibur (Moscow, Russia; www.sibur.com) a gas processing and petrochemicals company and China Petroleum and Chemical Corporation (Sinopec Corp.), a major global petroleum and petrochemical enterprise group entered into a joint venture developed on the site of the Krasnoyarsk Synthetic Rubber…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction (EPC) contract by Enterprise Products Operating LLC (“Enterprise”), a subsidiary of Enterprise Products Partners…
The Manufacturing PMI (Purchasing Manager’s Index) for the U.S. rose by 4.5 points in July to 55.4, its highest level in two years, according to data from the Institute for Supply Management that was included in the American Chemistry Council’s…
Messer (Bad Soden/Frankfurt, Germany; www.messergroup.com), the largest owner-managed industrial gas specialist worldwide, continues to drive its development in China. In the Paojiang industrial zone located in Shaoxing in Zhejiang province, the company is building a new air separation plant to…
During remarks at the U.S. Energy Dept.’s (DOE; Washington, D.C.; www.energy.gov) Biomass 2013 annual conference, Secretary Moniz today highlighted the important role biofuels play in the Administration’s Climate Action Plan to increase our energy security and reduce greenhouse gas emissions…
Nikkiso Co. (Tokyo, Japan) the manufacturer of fluid control technologies, has acquired Geveke B.V. (Amsterdam, the Netherlands), a sales company and system integrator of industrial pumps and compressors, as a strategic investment at this end of July 2013. Nikkiso is…