Mobile Navigation

Latest News: Business

Member Exclusive

KBR: Grassroots ammonia plant in Argentina  

KBR, Inc. (Houston; www.kbr.com) has been awarded a contract by Tierra Del Fuego Power & Chemical Co., Ltd. to provide licensing and process design for a grassroots ammonia plant in Tierra Del Fuego, Argentina. KBR will license its conventional ammonia…

Member Exclusive

Praxair China signs agreement with Evergreen Solar

Praxair (China) Investment Co. (Shanghai; www.praxair.cn) has signed a multi-year agreement with Evergreen Solar Energy China Co. to supply bulk industrial gases for its solar wafer manufacturing facility in Wuhan, China. Evergreen Solar develops, manufactures and markets solar-power products based…

Member Exclusive

AkzoNobel to divest National Starch business for $1.3 billion

Akzo Nobel N.V. (Amsteredam, the Netherlands; www.akzonobel.com) today announced the sale of its National Starch business to Corn Products International (Westchester, Ill.). The company will receive $1.3 billion in cash and the buyer will assume certain pension and employee benefit liabilities.…

Chemical production down in May, but industrial output surges

Overall production in the chemical industries fell by 0.9% in May, following a 0.4% gain in April, but wider industrial production surged ahead by a greater-than-expected 1.2% in May, the American Chemistry Council (ACC; Arlington, Va.; www.americanchemistry.com) Weekly Chemistry and…

Member Exclusive

RWE Power awards licence to build FB drying plants for lignite to Linde subsidiary

RWE Power (Cologne, Germany; www.rwe.com) and Linde-KCA-Dresden GmbH (www.linde-kca.com), a subsidiary of The Linde Group (Munich, Germany; www.linde.com), have signed a framework agreement on the use of technology developed by RWE Power for drying lignite. This turns Linde-KCA-Dresden into a provider…

Member Exclusive

BASF & RTI to develop new carbon capture technology

BASF SE (Ludwigshafen, Germany; www.basf.com) and RTI International (Research Triangle Park, N.C.; www.rti.org), are joining forces to develop a new, exceptionally cost-effective technology to capture carbon dioxide  from waste gases emitted by coal-fired power plants and other industrial sources. The…

Member Exclusive

BMS invests in integrated production network

Bayer MaterialScience (BMS; Leverkusen, Germany; www.bayermaterialscience.com) will continue in the future to network its activities in North Rhine-Westphalia (NRW) at the Leverkusen, Dormagen and Krefeld-Uerdingen Chemparks. This task transfers as of July 1, 2010, to the Bayer subgroup’s newly established NRW…

Member Exclusive

Pöyry: engineering and project-services contract

Pöyry Plc. (Vantaa, Finland; www.poyry.com) has been awarded engineering and project services contract by Kevitsa Mining AB, a subsidiary of First Quantum Minerals Ltd. (FQML), for its Kevitsa nickel/copper concentrator project in Northern Finland. The value of the contract is expected…

Member Exclusive

Fluor/AMEC JV wins Canadian mining contract

Fluor Corp. Irving, Tex.; www.fluor.com) announced that Terrane Metals Corp. (British Columbia, Canada) awarded British Columbia Mining Joint Venture (BCMJV) — a 50:50 joint venture between Fluor Canada Ltd. and AMEC Americas Ltd. — a contract to perform engineering, procurement and…

Member Exclusive

ABB’s cpmPlus Expert Optimizer for Köping’s lime kiln

ABB (Baden, Switzerland; www.abb.com) announced the sale of its cpmPlus Expert Optimizer solution to Nordkalk’s Köping plant in Sweden. The scope of supply includes all associated hardware, software, engineering and commissioning. Installation started at the end of April 2010. Nordkalk…