Latest News: Business
MAN supplies compressor technology for a major CTL project in China
MAN Diesel & Turbo SE (Augsburg, Germany; www.man.eu) has been awarded the contract for a major project to construct eleven turbomachinery trains in China. The contract value is in excess of €125 million. The site of the project is Yinchuan…
Rennovia launches HMD as next product, enabling 100% bio-based nylon-6,6
Rennovia, Inc. (Menlo Park, Calif.; www.rennovia.com), announced at the PCI 6th American Nylon Symposium that it has successfully demonstrated production of hexamethylenediamine (HMD) from widely available, renewable feedstocks. Coupled with Rennovia’s previously announced renewable adipic acid, this enables for the…
UOP fractionation technology selected for C2/C3 extraction from NGLs
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that it was selected by Crosstex Processing Services, LLC, a subsidiary of Crosstex Energy, L.P., to provide technology and equipment to extract valuable petrochemical feedstocks from natural gas liquids…
Energy Department announces new innovative projects to develop advanced drop-in biofuels
As part of the Obama Administration’s all-of-the-above energy strategy, the Energy Department (DOE; Washington, D.C.; www.energy.gov) today announced nearly $18 million in four innovative pilot-scale biorefineries in California, Iowa and Washington that will test renewable biofuels as a domestic alternative…
Praxair to supply NWR gasification project in Canada
Praxair Canada Inc., a subsidiary of Praxair, Inc. (Danbury, Conn.; www.praxair.com) has entered into a long-term agreement with North West Redwater Partnership (NWR) to build, own and operate an air separation facility at NWR’s Sturgeon Refinery near Edmonton, Alberta. The…
Gas and utility production lead industrial output gain, ACC report says
Industrial production rose by 0.4% in March, according to data from the U.S. Federal Reserve Board (Washington, D.C.; www.federalreserve.gov) that was discussed in the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). …
Air Liquide to develop new combustion technology for 2nd generation biofuels
Air Liquide (Paris, France; www.airliquide.com) has signed a partnership agreement with the CEA (Commission for atomic energy and alternative energies in France) aiming to develop a second-generation biofuel-production pilot unit in France. As part of this partnership, the CEA will…
Graphene stakeholders association formed
A new non-profit organization was launched this month to promote the responsible development and commercialization of graphene and graphene-enabled products. The Graphene Stakeholders Association (GSA; Buffalo, N.Y.; www.graphenestakeholders.org) is a 501(c)6 enterprise headquartered in Buffalo, NY. The GSA's founders include…
Air Products signs MOU with Gazprom for Russian helium project
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced the signing of a Memorandum of Understanding (MOU) with Russia-based Gazprom Export LLC (www.gazpromexport.com) that confirms Air Products’ long-term plans to purchase helium from Gazprom. Gazprom intends to start development of its major…
UOP wins fourth license for MTO technology in China
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that China’s Jiangsu Sailboat Petrochemical Co. has licensed Honeywell’s UOP advanced methanol-to-olefin (MTO) process to convert methanol from gasified coal into key plastics building blocks. It is the fourth…