The preliminary value for the February CE Plant Cost Index (CEPCI; the most recent available) represents a gain from the previous month’s value. Significant increases in the Equipment and Engineering & Supervision subindices offset a small decrease in the Construction…
Honeywell Process Solutions (HPS; Houston; www.honeywellprocess.com) announced that it will expand the manufacture of measurement and control products for the Russian region at its Arzamas plant. This will include gas-measurement equipment and gas regulators for medium- and high-pressure applications. The…
Ametek, Inc. (Berwyn, Pa.; www.ametek.com) and Mocon, Inc. announced that they have entered into a definitive merger agreement under which Ametek will acquire all of the outstanding shares of common stock of Mocon at a price of $30 per share…
A new association focused on facilitating the commercialization of graphene in the United States was launched today. The new National Graphene Association (NGA; Oxford, Miss.; www.nationalgrapheneassociation.com) will provide a premier networking and information platform to connect current and future stakeholders in…
NOVA Chemicals Corp. (Calgary, Canada; www.novachem.com) and Williams Partners L.P. (Tulsa, Okla.; www.williams.com) announced that NOVA Chemicals has agreed to acquire Williams’ 88.46% ownership interest in the Geismar, Louisiana olefins plant, approximately 525 acres of undeveloped land adjacent to the…
Milliken & Co. (Spartanburg, S.C.; www.milliken.com) announced its acquisition of the assets of Keystone Aniline Corp., a global leader in dyes, pigments, pigment dispersions and polymers. Positioning Milliken for global growth, the initiative aligns two key industry players with complementary…
The board of directors of Eni (Rome, Italy; www.eni.com) appointed Claudio Descalzi as chief executive officer (CEO) and general manager. In this role he will be responsible for the management of the company, with the exception of specific responsibilities that…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced that it has started up a world-scale air separation unit (ASU) at its Burns Harbor, Indiana, site. The 2,400-ton-per-day ASU is part of Praxair’s ongoing investment in the company’s northwest Indiana operations. It will…
Zhejiang Petroleum and Chemical Co. (ZPC) in China has awarded and signed contracts for the engineering, technology license and proprietary equipment for a MECS sulfuric acid regeneration (SAR) unit, licensed by DuPont Clean Technologies (Wilmington, Del.; www.cleantechnologies.dupont.com). ZPC is constructing…
John Wood Group PLC (Wood Group; Aberdeen, Scotland; www.woodgroup.com) has been awarded a new three year contract valued at $8 million to deliver process automation engineering services to TPC Group Inc. (Houston; www.tpcgrp.com), a leading producer of value-added products derived…