Latest News: Business
Emerson expands storage-tank solution offerings with acquisition of Enardo
Emerson Electric Co. (St. Louis, Mo.; www.emerson.com) announced that it has acquired Enardo LLC, a leader in safety and environmental control equipment for the oil and gas, petrochemical, wastewater, refining and other industries. Enardo, with approximately $65 million in sales…
B&W begins FEED work for FutureGen 2.0 Carbon Capture Project
The Babcock & Wilcox Company (B&W; Charlotte, N.C.; www.babcock.com) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed an agreement with the FutureGen Industrial Alliance to perform full front-end engineering and design (FEED)…
Global manufacturing PMI rose in September, ACC says
The JPMorgan Global Manufacturing Purchasing Manager’s Index (PMI)rose 0.2 points to 51.8, signaling that global manufacturing saw a modest pace of expansion in September, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC;…
JGC & Fluor awarded EPC contract for major ethylene plant in the U.S.
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) announced today that a contract has been signed between Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) and JGC and Fluor Corp. (Irving, Tex.; www.fluor.com) to provide engineering, procurement, and construction services for the company's…
Technip and Zachry awarded polyethylene project in the U.S.
Technip (Paris, France; www.technip.com) and Zachry Industrial (San Antonio, Tex.; www.zhi.com), in a partnership called Gulf Coast Partners, have been awarded a substantial contract to design and build two polyethylene (PE) plants for Chevron Phillips Chemical Company LP (Chevron Phillips…
Syngas-to-gasoline demonstration-scale plant commissioned
Primus Green Energy (Hillsborough, N.J.; www.primusge.com) held an event yesterday to mark the official commissioning of its demonstration-scale plant for making drop-in gasoline from synthesis gas. The company’s STG-plus process generates high-octane gasoline from syngas, without the need…
AkzoNobel finalizes divestment of Building Adhesives business
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has finalized the €260-million divestment of its Building Adhesives business to Sika AG. Under the terms of the deal, all of Building Adhesives' approximately 550 employees have transferred to the new owners, along with the…
Arkema and Watan form joint venture; will build organic peroxides plant in Saudi Arabia
Arkema (Colombes, France; www.arkema.com), a worldwide producer of organic peroxides, and Saudi investment company Watan Industrial Investment have signed an agreement for the construction of an organic peroxide production site on the Al Jubail platform, Saudi Arabia. The facility, requiring…
Clariant acquires organic pigment business, invests in new plant in China
Clariant (Muttenz, Switzerland; www.clariant.com) today announced that it has acquired the Organic Pigment business of Jiangsu Multicolor Fine Chemical Co., Ltd (JMC; Jiangsu Province, China). JMC is a leading supplier of several types of high performance pigments and pigment preparations…
Malvern Instruments acquires NanoSight
Malvern Instruments Ltd. (Malvern, U.K.; www.malvernpanalytical.com/en), a leading global provider of instrumentation and expertise for materials and biophysical characterization, has acquired nanoparticle characterization company NanoSight Ltd. (Amesbury, UK; www.malvernpanalytical.com/en/products/product-range/nanosight-range/nanosight-pro). The acquisition was completed on Friday 27 September 2013. NanoSight has…