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Chemical equities outperform S&P 500 in 2010, ACC report says

The Standard & Poors Chemicals Index was up 19.1% from the beginning of 2010, compared to 12.9% growth in the S&P 500 Index, reports the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). In December 2010 alone, the S&P index for…

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WorleyParsons lands MSA with MEG Energy

WorleyParsons (North Sydney, Australia; www.worleyparsons.com) has signed a Master Service Agreement (MSA) with MEG Energy Corp. (Calgary, Alberta; www.megenergy.com) supporting the MEG Energy Christina Lake SAGD (steam-assisted gravity drainage) Facility. WorleyParsons’ scope of work will include engineering and procurement services…

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JGC: EPC contract for gas-processing plant in Qatar

JGC Corp. Yokohama, Japan; www.jgc.co.jp) has received Award Notification to build the gas processing facilities for the Barzan Onshore Project in Qatar. The Barzan Project is managed by RasGas Co., which is a Qatari company owned by Qatar Petroleum (70%)…

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Uhde takes over the HTW coal-gasification process from RWE Power

After 35 years of collaboration with RWE regarding the High-Temperature Winkler (HTW) process, Uhde GmbH (Dortmund, Germany; www.uhde.eu) has now taken over the technology developed by RWE Power and its predecessors, thus making Uhde the sole proprietor of the HTW…

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Stamicarbon acquires Noy Engineering

Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the licensing and IP Center of Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it.), has acquired the Italian engineering company Noy Engineering from Tecnimont. The agreement has become effective on January 1, 2011. With this acquisition…

ABB’s flow calibration rig in China certified to international standards

ABB (Houston; www.abb.com) has successfully completed Shanghai Institute of Measurement and Test Technology (SIMT) approval of its large flow-calibration rig at its instrumentation factory in Shanghai, China. SIMT is accepted by key international standards bodies as a mutually recognized calibration…

Axens to acquire Criterion’s catalytic reforming business

Axens North America Inc. (Princeton, N.J.; www.axens.net) today announced an agreement to purchase the catalytic reforming catalyst business of Criterion Catalysts & Technology LP (Houston, Tex.; www.criterioncatalysts.com).  Under the deal, Axens will acquire Criterion's Willow Island, West Virginia manufacturing plant,…

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Praxair China: DOC technology for Cu smelters

Praxair China (Shanghai; www.praxair.cn) has successfully commercialized Praxair Dilute Oxygen Combustion (DOC) technology at two copper smelting furnaces of Jinchuan Group Ltd. (JNMC) in Jinchang city, Gansu province of northwest China. The Praxair DOC technology is expected to help JNMC…

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Foster Wheeler: Two PC-steam generators for Vietnam

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Power Group signed a contract with Shanghai Boiler Works, Ltd. for cooperation in the design of two pulverized coal (PC) steam generators for the Vinh Tan II…

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CB&I acquires 100% interest in CDTech

CB&I (The Woodlands, Tex.; www.cbi.com) announced that it has acquired Chemical Research and Licensing from CRI/Criterion, a subsidiary of Royal Dutch Shell plc. This acquisition gives CB&I, through its Lummus Technology business sector, a 100% interest in Catalytic Distillation Technologies…