Latest News: Business
Haldor Topsøe and E.ON to harness excess industrial heat
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) and E.ON, one of the world’s largest power and gas companies, have entered an agreement, where E.ON will utilize excess heat generated at Haldor Topsøe’s production site in Frederikssund, Denmark, to provide district heating…
ThyssenKrupp Industrial Solutions receives fertilizer plant contract from Belarus
Belarus-based Grodno Azot has placed an order with plant engineering specialists ThyssenKrupp Industrial Solutions AG (Hamburg, Germany; www.thyssenkrupp-uhde.com) for the planning and delivery of a nitric acid plant and a plant for the production of the liquid fertilizer urea ammonium…
Neste Jacobs to deliver APC technology whey-powder factory
Technology, engineering and project-management company Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and dairy company Valio Oy (www.valio.fi) have signed a long-term agreement for Neste Jacobs to deliver the production optimization of Valio whey-powder factory with its APC (advanced process control)…
Outotec receives minerals-processing-technology orders from Mexico
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded minerals-processing-technology orders by Grupo Peñoles for four greenfield concentrators and one expansion in Mexico. The orders, worth over €47 million, have been booked in Outotec's third quarter order intake. Outotec's deliveries include…
Dow sells Unipol polypropylene licensing and catalyst business to W.R. Grace
W. R. Grace & Co. (Columbia, Md.; www.grace.com) announced that it has signed a definitive agreement to acquire the assets of the Unipol Polypropylene Licensing and Catalysts business of The Dow Chemical Company (Midland, Mich.; www.dow.com) for a cash purchase…
Oman Oil acquires Oxea from Advent International
Advent International www.adventinternational.com), one of the largest and most experienced global firms dedicated solely to private equity, today announced its divestment from Oxea (www.oxea-chemicals.com), one of the largest global manufacturers of Oxo chemicals. Oman Oil Co. (OOC; Muscat; www.oman-oil.com), a…
Lanxess commissions CO2 concentration unit in South Africa
Lanxess AG (Cologne, Germany; www.lanxess.com) has commissioned a new CO2 concentration unit at its Newcastle production site in South Africa. Lanxess has invested some €40 million to build the unit, which was completed in just 19 months. The company operates…
Novozymes and Beta Renewables open advanced biofuels facility in Italy
Novozymes (Copenhagen, Denmark; www.novozymes.com), the world’s largest producer of industrial enzymes, and Beta Renewables, a global leader in cellulosic biofuels and part of the Mossi Ghisolfi Group, announced the official opening in Northern Italy of the world’s largest advanced biofuels…
Air Products plans liquid N2 facility in Texas
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced plans to build, own and operate a new liquid nitrogen production facility in West Texas to serve the oil and gas industry in the Permian Basin. The new facility, to have an approximate…
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…