BASF SE (Ludwigshafen, Germany; www.basf.com) intends to sell up to around 19.7 million shares of fertilizer company K+S AG (Ludwigshafen, Germany; www.k-plus-s.com). BASF said that the shares would be “placed with institutional investors in an accelerated bookbuilding transaction via Bank…
Solazyme, Inc. (San Francisco, Calif.; www.solazyme.com), a leading renewable-oils and bioproducts company, announced today the execution of both a joint development agreement (JDA) and a letter of intent (LOI) with The Dow Chemical Co. (Midland, Mich.; www.dow.com) to advance the…
Siemens AG (Munich, Germany; www.siemens.com) has been awarded the contract to equip the biggest sugar refinery operating in North America. The Siemens Industry Automation Division will be supplying electrical and control technology to the producing plant, which is currently under…
The Polyurethanes division of Huntsman Corp. (Everberg, Belgium; www.huntsman.com) plans to expand its polyurethane (PU) production capabilities in India. Over the next year, Huntsman will invest $10 million in the construction of a world-class systems house in Pune, India —…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is expanding its global production network for high-tech plastics. The specialty chemical company broke ground today on a new compounding facility in the U.S. Additionally, Lanxess and DuPont (Wilmington, Del.; www.dupont.com) will double the capacity…
Foster Wheeler AG (ZUG, Switzerland; www.fwc.com) says its Global Engineering and Construction Group has been awarded a contract by Cynar Plc to provide basic process engineering design services for a 6,000 metric-ton per year plant to convert non-recyclable waste plastics…
Uhde Services GmbH (Haltern, Germany; www.uhde.eu) has signed a framework agreement with RWE Power (Cologne, Germany; www.rwe.com) for use of the fluidized-bed lignite drying technology with internal waste heat utilization. Uhde Services will thus join Linde KCA Dresden (Linde Group;…
Oxea GmbH (Oberhausen, Germany; www.oxea-chemicals.com) announced today that due to continued strong growth in strategic, high-value segments, the company will build a new carboxylic acids unit in Oberhausen, Germany, that will come on stream by late 2012. The new unit…
Coperion GmbH (Stuttgart, Germany; www.coperion.com) landed the biggest single contract in the company's history, with a volume of €100 million in the fourth quarter of 2010.The company was contracted by Borouge, a joint venture between the Abu Dhabi National Oil…
Outokumpu Oyj (Espoo, Finland; www.outokumpu.com) is now offering the high-performance stainless steel grade Outokumpu 654 SMO. The grade, which offers superior corrosion resistance and mechanical properties, is set to move the boundaries of stainless steel by offering a cost-effective alternative…