Latest News: Business
Clariant doubles capacity for pigments and pigment preparations in India
Specialty chemical maker Clariant (Muttenz, Switzerland; www.clariant.com) today announced the inauguration of an important new extension to its production facility in Roha, southeast of Mumbai, India. The expansion doubles its capacity at the facility for pigments and pigment preparations. This…
Outotec opens office in Manila
Outotec Oyj (Espoo, Finland; www.outotec.com) has opened a new office in Manila, the Philippines, as part of the company's expansion in the Asia Pacific (APAC) region. The new office was inaugurated by Stuart Sneyd, president of Outotec's APAC region, in…
Neste Jacobs to implement Borealis’ steam-cracker upgrade in Sweden
Technology, engineering and project management company Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and Borealis (Vienna, Austria; www.borealisgroup.com) have signed an agreement for Neste Jacobs to deliver the EPCM (engineering, procurement, construction and management) services for the upgrade of the process…
Global leading economic indicator points to stable growth, ACC report says
The Organization for Economic Co-operation and Development (OECD; Paris; www.oecd.org) released its global composite leading indicator (CLI) for July, and the data “point to stable growth momentum in most major economies,” according to the latest Weekly Chemistry and Economic Report…
Outotec delivers coated titanium anodes to copper tankhouse in Mexico
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Cobre del Mayo on the delivery of full anode conversion of the Piedras Verdes copper electrowinning plant in Mexico. The delivery will include over 6,000 of the new mixed metal oxide coated…
Solvay expands aluminum-brazing capabilities with Flux acquisition
Solvay S.A. (Brussels, Belgium; www.solvay.com) has acquired Flux Schweiß-und Lötstoffe GmbH (Flux) to complement its aluminum-brazing capabilities and products with fast-growing formulations for automotive heat exchangers and stationary heat, ventilation and air conditioning units. A flourishing and innovative German…
Yokogawa signs contract with Dell for provision of dedicated PC models
Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) has announced that it has signed a contract with Dell Inc. for the global provision of PC models that are selected and customized for Yokogawa use. Under this contract, which was signed on August…
Endress+Hauser unveils new customer center in Indiana
Endress+Hauser (Reinach, Switzerland; www.endress.com) has inaugurated a new 80,000 square feet state-of-the-art Customer Center in Greenwood, Indiana. This $16-million investment in infrastructure helps to optimize customer support and further underscores Endress+Hauser’s commitment to the U.S. market and its loyal customers…
Eastman to acquire Taminco for $2.8 billion
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) has announced that it has entered into a definitive agreement with Taminco Corp. (Allentown, Pa.; www.taminco.com), under which Eastman will acquire Taminco, a global specialty chemical company. Under the terms of the agreement, Taminco stockholders…
UOP Oleflex technology selected for isobutylene unit in China
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, says that its Oleflex process technology has been selected to produce key ingredients to help meet the growing demand for fuel and petrochemicals in China. Shandong Shouguang Luqing Petrochemical Co. will…