Fluor Corp. (Irving, Tex.; www.fluor.com) has signed a memorandum of understanding (MoU) with Sibur (Moscow; www.sibur.ru), Russia’s leading petrochemical company, for the establishment of a joint venture with the Scientific Research and Design Institute for Gas Processing (NIPIgaspererabotka) in Krasnodar,…
Foster Wheeler AG, (Zug, Switzerland,; www.fwc.com) announced today that its Global Engineering and Construction Group has acquired the CEntry Sulfur Recovery proprietary technology from FLSmidth & Co.. The acquisition includes patents, know-how and skilled personnel. The terms of the transaction…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that Socar & Turcas Rafineri A.S. (Stras; www.socarturcas.com.tr), the joint venture of the State Oil Co. of the Azerbaijan Republic (Socar) and Turcas Petrol A.S. (ISE:TRCAS), awarded the firm a project management consultant…
U.S. Secretary of Energy Steven Chu today announced the Dept. of Energy (Washington, D.C.; www.energy.gov) is now accepting applications for up to $30 million in total funding for small-scale process integration projects that support the development of advanced biofuels that…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) and Dutch company Royal DSM N.V. (Heerlen, the Netherlands; www.dsm.com) have reached an agreement in principle involving the sale of DSM Elastomers to Lanxess for €310 million on a cash and debt-free basis. DSM Elastomers…
Solvay S.A. (Brussels, Belgium; www.solvay.com) is studying the construction of an epichlorohydrin production plant in Taixing, China, with an initial capacity of 100,000 ton/yr. The plant, which is expected to start producing in 2013, will be based on Solvay's innovative…
Dynasol, a subsidiary of Repsol (www.repsol.com) and the Kuo Group, has signed an agreement with China’s Shanxi Northern Xing’an Chemical Industry (Xing’an) to produce and market rubber in China. The two companies are to set up a joint company which…
Evonik Industries AG (Essen, Germany; www.evonik.com) intends to construct a new production plant for isophorone and isophorone diamine. A suitable site is being sought, and economic and strategic market factors play an important role in this decision. Production is scheduled…
Yule Catto & Co. plc (Harlow, U.K.; www.yulecatto.com) has agreed to acquire PolymerLatex GmbH (Marl, Germany; www.polymer-latex.de) from TowerBrook Capital Partners. The transaction, which is subject to the necessary regulatory and shareholder approvals, is expected to be completed during Q2,…
Sartorius AG (Göttingen, Germany; www.sartorius.com) has signed a cooperation agreement with NIR-Online GmbH (Walldorf, Germany; www.nir-online.de), which specializes in near infrared (NIR) spectroscopy systems for quality assurance and process optimization. Under this agreement, Sartorius secures marketing, distribution and service rights…