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Latest News: Business

Emerson expands storage-tank solution offerings with acquisition of Enardo

Emerson Electric Co. (St. Louis, Mo.; www.emerson.com) announced that it has acquired Enardo LLC, a leader in safety and environmental control equipment for the oil and gas, petrochemical, wastewater, refining and other industries. Enardo, with approximately $65 million in sales…

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Solvay to acquire Chemlogics  

As part of its ongoing transformation, Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to acquire privately-held Chemlogics (Paso Robles, Calif.) for a total cash consideration of $1.345 billion. Adding the U.S.-based company to Solvay's Novecare business unit will…

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Teijin – SK Chemicals JV begins constructing PPS resin plant  

Teijin Ltd. (Tokyo, Japan; www.teijin.co.jp) imited announced today that it has established a joint venture with South Korean chemical producer SK Chemicals to develop and sell polyphenylene sulfide (PPS) resins and compounds in Ulsan, South Korea. Construction of a 12,000-ton/yr…

Ashland Water Technologies and Dorf Ketal enter strategic distribution partnership

Ashland Water Technologies, a commercial unit of Ashland Inc. (Covington, Ken.; www.ashland.com), and Dorf Ketal Chemicals, LLC, a specialty chemicals company serving the downstream refining and petrochemical industries, today announced they have entered a strategic distribution agreement within North America…

Airgas to acquire Encompass Gas Group

Airgas, Inc. (Radnor, Pa.; www.airgas.com), a supplier of industrial, medical, and specialty gases, and related products, today announced that it has reached a definitive agreement to acquire the assets and operations of The Encompass Gas Group, Inc., headquartered in Rockford,…

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B&W begins FEED work for FutureGen 2.0 Carbon Capture Project  

The Babcock & Wilcox Company (B&W; Charlotte, N.C.; www.babcock.com) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed an agreement with the FutureGen Industrial Alliance to perform full front-end engineering and design (FEED)…

Global manufacturing PMI rose in September, ACC says

  The JPMorgan Global Manufacturing Purchasing Manager’s Index (PMI)rose 0.2 points to 51.8, signaling that global manufacturing saw a modest pace of expansion in September, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC;…

Syngas-to-gasoline demonstration-scale plant commissioned

  Primus Green Energy (Hillsborough, N.J.; www.primusge.com) held an event yesterday to mark the official commissioning of its demonstration-scale plant for making drop-in gasoline from synthesis gas.   The company’s STG-plus process generates high-octane gasoline from syngas, without the need…

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JGC & Fluor awarded EPC contract for major ethylene plant in the U.S.  

JGC Corp. (Yokohama, Japan; www.jgc.co.jp) announced today that a contract has been signed between Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) and JGC and Fluor Corp. (Irving, Tex.; www.fluor.com) to provide engineering, procurement, and construction services for the company's…

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Technip and Zachry awarded polyethylene project in the U.S.  

Technip (Paris, France; www.technip.com) and Zachry Industrial (San Antonio, Tex.; www.zhi.com), in a partnership called Gulf Coast Partners, have been awarded a substantial contract to design and build two polyethylene (PE) plants for Chevron Phillips Chemical Company LP (Chevron Phillips…