An official ceremony took place today with Giovanni Azzone, rector of Politecnico di Milano (www.polimi.it), and Fabrizio Di Amato, CEO and chairman of Maire Tecnimont S.p.A. (www.mairetecnimont.com) for the signature of a framework agreement for a scientific collaboration between Maire…
Today, Wacker Chemie AG (Munich, Germany; www.wacker.com) officially launched its new production plant for vinyl acetate-ethylene copolymer (VAE) dispersions at its Ulsan site in South Korea. The additional 40,000 metric tons (m.t.) from the second reactor line increases the site’s…
Teijin Chemicals Ltd. (Tokyo, Japan; www.teijin.co.jp), the core company of the Teijin Group’s resin and plastic processing business, announced an agreement with SK Chemicals, a South Korean chemical producer, on a business collaboration, including the establishment of a joint venture…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has entered into an agreement to acquire NuCO2 INC. from Aurora Capital Group, a Los Angeles, California based private equity firm, for $1.1 billion in cash. The transaction is subject to customary conditions to closing,…
Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.co.kr) has officially announced its contract award from Gazprom Neft, a subsidiary of Gazprom, one of Russia’s largest oil and gas companies. The $879-million contract covers engineering, procurement and construction (EPC) for the gas…
The renewable chemicals and fuels company Amyris, Inc. (Emeryville, Calif.; www.amyris.com) announced today the first commercial shipment from its new plant in Brazil. Amyris's first purpose-built industrial fermentation facility produces Biofene, the company's brand of renewable farnesene. The product is…
The market volume for specialty chemicals in the U.S. rose by 0.7% in December 2012, according to the American Chemistry Council (Washington, D.C.; www.americanchemistry.com). The December expansion follows a 0.5% gain in November and offsets some softness experienced in this…
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with a major cellulosic ethanol producer on the design and delivery of a renewable energy solution for a bio-ethanol facility in Iowa. The order has been included in Outotec's Q4 2012 order intake…
Shell US Gas & Power LLC (Shell), a subsidiary of Royal Dutch Shell Plc, and Southern Liquefaction Company, LLC, a Kinder Morgan company and unit of El Paso Pipeline Partners, L.P., announced their intent to form a limited liability company…
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that its UOP Oleflex process technology has been selected by China’s Longgang Chemical Co. (Qingdao Province, China) to produce key ingredients for fuels and synthetic rubber. The C4 Oleflex…