Parker Hannifin Corp. (Cleveland, Ohio; www.parker.com) completed its acquisition of Clarcor Inc., a major manufacturer of filtration products, for approximately $4.3 billion in cash, including the assumption of net debt. The strategic transaction creates a combined organization with a comprehensive…
Nel ASA (Oslo, Norway; www.nelhydrogen.com) has entered into a non-binding term sheet to acquire the Connecticut-based hydrogen technology company Proton Energy Systems Inc. (Proton OnSite; www.protononsite.com ). This will create the world’s largest hydrogen electrolyzer company with a global footprint. The…
The Saudi Arabian Oil Company (Saudi Aramco; Dhahran; www.saudiaramco.com) and Petroliam Nasional Berhad (Petronas; Kuala Lumpur, Malaysia; www.petronas.com) signed a Share Purchase Agreement (SPA), allowing Saudi Aramco’s equity participation in PETRONAS’ Refinery & Petrochemical Integrated Development (RAPID) project in the…
The following are recently published books relevant to professionals in the chemical process industries (CPI). Scaling Chemical Processes: Practical Guides in Chemical Engineering. By Jonathan Worstell, Butterworth-Heinemann, Elsevier, 2016, 177 pages, $180.00. Technologies for Biochemical Conversion of Biomass. By Hongzhang…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that SunCoke Energy, Inc. (Lisle, Ill.; www.suncoke.com) has awarded Fluor a contract to provide certain maintenance support and capital project services at SunCoke coke facilities in the United States. Fluor will book the undisclosed…
Petróleos Mexicanos (Pemex; Mexico City; www.pemex.com) announced that Air Liquide México S.A. de R.L. de C.V. will supply hydrogen to the Miguel Hidalgo refinery in Tula, for the next 20 years. According to the strategy described in its Business Plan,…
Arkema (Colombes, France; www.arkema.com) recently doubled the capacity of their Kepstan PEKK (Poly-Ether-Ketone-Ketone) product line in France, and confirms its future investment at its Mobile, Alabama site in a world-scale PEKK plant expected to come onstream in the second half…
Toray Industries, Inc. (Tokyo; www.toray.com) announced that it has decided to construct a new large-scale facility to manufacture carbon paper for electrode substrates of fuel-cell stacks at its Ehime Plant (Masaki-cho, Iyo-gun, Ehime, Japan). Toray is currently working on application…
KBR, Inc. (Houston; www.kbr.com) announced today it has been awarded a technology licensing and basic engineering design (LBED) revamp contract by LG Chem for its ethylene plant at Daesan, South Korea.Under the terms of the contract, KBR will provide license…
Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding its existing production plants for polymeric binders in Germany. The Munich-based chemical group is currently building another dispersion reactor with an annual capacity of 60,000 metric tons at its Burghausen site. Some…