Latest News: Business
Evonik to expand its specialty silica capacities in Japan
Evonik Industries AG (Essen, Germany; www.evonik.com) has announced an expansion of its specialty silica capacities in Ako, Japan through a holding in DSL Japan Co. (DSL). Evonik holds 51% of shares in DSL, a joint venture with the Japanese Shionogi…
Technip awarded contract by Air Products for new industrial gas complex in Kochi, India
Technip (Paris, France; www.technip.com) has been awarded by Air Products and Chemicals Inc. (Lehigh Valley, Pa.; www.airproducts.com) a contract to provide project management, as well as engineering, procurement and construction management (EPCM) services for a new industrial gas complex for…
Stora Enso to build biomass-to-sugars demonstration plant in Louisiana
Following its recent acquisition of the biotechnology company Virdia, Inc. (Redwood City, Calif.; www.virdia.com), Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) is investing €32 million ($43 million) in a demonstration and market development plant to be built at Raceland, Louisiana. The…
Topsøe to design large-scale fertilizer plant with project partners in Turkmenistan
In collaboration with Mitsubishi Heavy Industries Ltd. (MHI; Tokyo, Japan; www.mhi-global.com), Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) has been selected for the design of a new ammonia plant for a major fertilizer project in Turkmenistan. The project has been awarded…
Evonik invests in German operations
Evonik Industries AG (Essen, Germany; www.evonik.com) is investing in its German operations with new large- scale industrial plants, capacity expansions, and new research centers. The company plans to invest some €2 billion of the extensive investment program it has developed…
A. Schulman acquires Australia-based Compco for $6.7 million
A. Schulman, Inc. (Akron, Ohio; www.aschulman.com) has announced that it has acquired Compco Pty. Ltd., located near Melbourne, Australia, for $6.7 million in cash. Compco is a manufacturer of a variety of plastic compounds and products, including masterbatches and custom performance colors.…
Methes Energies and Dorf Ketal sign supply agreement for biodiesel catalysts
Methes Energies International Ltd. (Las Vegas, Nev.; www.methes.com), a renewable energy company that offers an array of products and services to biodiesel fuel producers, has announced the introduction of the Methes PP-MEC catalyst. Dorf Ketal Speciality Catalysts LLC (Houston; www.dorfketal.com)…
KBR awarded EPC contract for Koch Nitrogen urea expansion
KBR Inc. (Houston; www.kbr.com) has been awarded a reimbursable contract by Koch Nitrogen Company, LLC to provide engineering, procurement, and construction (EPC) services for a new grassroots urea plant, part of a $1.3-billion expansion project by Koch Nitrogen at its…
Hanovia and Aquionics open UV application center in Shanghai
Ultraviolet (UV) treatment specialist Hanovia (Slough, U.K.; www.hanovia.com) and the industrial division of its U.S. sister company Aquionics (Erlanger, Ky.; www.aquionics.com) have launched a new UV Application Center in Shanghai, China. Aquionics provides industrial UV technology to the Americas region,…
Albemarle and ICL form JV for flame retardants
Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) and ICL (Tel Aviv; www.icl-group.com) have announced that the two companies have entered into an agreement to establish a manufacturing joint venture (JV) for the production of ICL's FR-122P polymeric flame retardant and Albemarle's…