Latest News: Business
BASF opens production facility for concrete admixtures in Kazan, Russia
BASF SE (Ludwigshafen, Germany; www.basf.com) opened a new production plant for concrete admixtures in Kazan, Russia. Together with the facility inaugurated in Podolsk near Moscow in 2012, BASF now supplies the Russian construction sector with a broad range of concrete…
Fluor awarded gas-to-methanol contract by South Louisiana Methanol
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded an engineering and design services contract by South Louisiana Methanol L.P. for a potential 5,000 metric tons-per-day methanol project in St. James Parish, Louisiana. Fluor will book the undisclosed contract value in the…
BASF unveils its new high-performance insulating material
After seven years of research, BASF SE (Ludwigshafen, Germany; www.basf.com) unveiled its new high- performance insulating material at its Lemförde location to selected guests from the media and trade press. The product premiere of Slentite also coincided with the ground-breaking…
Yokogawa wins FEED contract for refinery control-room upgrades from Nippon
Yokogawa Electric Corporation (Tokyo, Japan; www.yokogawa.com) announced that Yokogawa Solution Service Corporation, a subsidiary that oversees Yokogawa’s IA and control business in Japan, has received an order from JX Nippon Oil & Energy Corporation (JXE) to execute the front end…
Lanxess expands phosphorus chemicals portfolio
Lanxess AG (Cologne, Germany; www.lanxess.com) is expanding its portfolio of phosphorus-based chemicals by taking over the business operations belonging to the French subsidiary of the insolvent Dutch company thermPhos International B.V. The transaction closes with immediate effect. Lanxess is acquiring…
Invista considering $500 million hydrogen and ammonia manufacturing plant in Texas
Invista (Wichita, Kan.; www.invista.com) announced that it is considering a new, combined hydrogen and anhydrous ammonia manufacturing unit—valued at more than $500 million—within the existing footprint of the company’s nylon intermediates production facility in Victoria, Texas. If approved, the unit would…
Sibur and BASF sign long-term agreement for polymer additives
Sibur (Moscow, www.sibur.com) and German chemicals giant BASF have signed a Long-Term Cooperation Memorandum to supply additives used for polymer production and processing at Sibur’s production facilities. The deal provides for supplies of additives used to produce polypropylene, polyethylene, synthetic…
Endress+Hauser expands U.S. production
Endress+Hauser (Switzerland; www.endress.com) is set to serve its customers in North and South Americawith more US-made products. The Swiss specialist for measurement engineering and process automation has invested over $40 million in expanding its plants for flow, level and pressure…
B&V and Ostara to build nutrient-recovery system for world’s largest water-reclamation plant
The Metropolitan Water Reclamation District of Greater Chicago (MWRD) has selected Black & Veatch (B&V; Overland Park, Kan.; www.bv.com) and Ostara Nutrient Recovery Technologies Inc. (Ostara; Vancouver, B.C., Canada; www.ostara.com) to design and build a new nutrient recovery system at its…
Green Biologics to acquire Minnestoa-based ethanol producer
Green Biologics, Inc. (Gahanna, Ohio; www.greenbiologics.com), a technology developer and emerging bio-based chemicals, and Central MN Ethanol Co-op (CMEC; www.centralmnethanol.com), an ethanol producer in Little Falls, Minn., have announced that Green Biologics, Inc. has entered into an exclusive letter of…