Latest News: Business
Technip awarded EPC contract for ammonia plant in Slovakia
Technip (Paris, France; www.technip.com) has been awarded a substantial (in the €250- to €500-million range) lump-sum, turnkey contract by Duslo a.s. to develop the engineering, procurement and construction (EPC) of a new ammonia production unit in the existing fertilizer complex…
KBR and Showa Denko sign acetyls licensing agreement
KBR, Inc. (Houston; www.kbr.com) has signed an agreement with Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) to license acetyls technologies globally. The demand for acetic acid products derived including plastic bottles (polyethylene terephthalate; PET), paints, adhesives, coatings, textiles and safety…
Yara and BASF to build ammonia plant in Freeport
Yara International (Oslo, Norway; www.yara.com) and BASF Group have agreed to build a world scale ammonia plant at BASF’s site in Freeport, Tex. The plant will use hydrogen as raw material, reducing capital expenditures (capex), maintenance and carbon dioxide emissions…
Matheson acquires California-based industrial-gas supplier Sims
Matheson Tri-Gas, Inc. (www.mathesongas.com) has continued its strategic expansion with the acquisition of Sims Welding Supply in Southern California. Sims Welding Supply is a supplier of industrial, specialty and bulk gases, plus welding hard goods, equipment and supplies. Headquartered in…
BASF and Petronas to build 2-EH acid production plant in Malaysia
BASF SE (Ludwigshafen, Germany; www.basf.com) and Petronas Chemicals Group Berhad (PCG; Kuantuan, Malaysia; www.petronaschemicals.com) will build a new world-scale production plant for 2-ethylhexanoic acid (2-EH acid) at the site of their existing joint venture, BASF Petronas Chemicals, in Kuantan, Malaysia…
Honeywell to provide control-systems support for Sasol coal-to-liquids plant
Honeywell (Morristown, N.J.; www.honeywell.com) Process Solutions (HPS) has announced a five-year agreement to provide comprehensive services and support for the control systems of what is said to be the world's largest coal-to-liquids (CTL) plant, Sasol's synthetic fuels and chemicals complex…
Mann+Hummel takes full ownership of membrane manufacturer Microdyn-Nadir
Microdyn-Nadir GmbH (Wiesbaden, Germany; www.microdyn-nadir.de), a membrane and module manufacturer, is now a 100% subsidiary of the filtration specialist Mann+Hummel GmbH (Ludwigsburg, Germany; www.mann-hummel.com). Through the acquisition, both companies consequently follow their joint strategy to grow the water filtration business.…
Key patents granted for Reverdia bio-based succinic acid
Reverdia (www.reverdia.com), a joint venture (JV) between Royal DSM N.V. (Heerlen, The Netherlands; www.dsm.com) and starch-derivatives maker Roquette (Lestrem, France; www.roquette.com), has announced that pivotal patents have been granted to DSM in Europe, Japan and Canada for its innovative yeast-based succinic…
AkzoNobel plans coatings capacity expansion in Indonesia
AkzoNobel Performance Coatings (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to invest €2.5 million to expand its plant in Cikarang, Indonesia. The investment will add capacity to help meet growing demand for the company’s International brand products, which are supplied…
Uhde Inventa-Fischer wins polyamide 6 contract in Poland
Uhde Inventa-Fischer (Domat/Ems, Switzerland; www.uhde-inventa-fischer.com) has been awarded a major contract from the Polish chemical group Grupa Azoty to build a polyamide 6 plant. The multiline plant will be built at the company's headquarters in Tarnow, Poland, and will have…