Mobile Navigation

Latest News: Business

Member Exclusive

JV established for manufacturing LED lenses

Evonik Industries AG (Essen, Germany;www.evonik.de) and Cristal Material Corp. (Taipei, Taiwan) have formed a new joint venture (JV) to manufacture high-quality glass lenses for next-generation light-emitting diodes (LEDs), which will marketed under the Savosil brand. The Evonik Cristal Materials Corp.…

Second-generation biofuels on the verge of commercial reality, report says

New technology developments in the pre-treatment and gasification of biological feedstocks could reduce the production costs of biofuels enough to make them commercially viable as liquid fuels for transportation, according to a new report from consulting firm Frost & Sullivan.…

DOE: first round of funding for industrial CCS projects

On October 2, U.S. Energy Secretary Steven Chu announced the first round of funding from $1.4 billion from the American Recovery and Reinvestment Act for the selection of 12 projects that will capture carbon dioxide from industrial sources for storage…

New HPC solutions to expand engineering simulation

Ansys, Inc. (Southpointe, Pa.; www.ansys.com) plans to deliver ANSYS HPC, a solution set that will enable customers to obtain enhanced insight and productivity through expanded use of high-performance computing (HPC) with engineering simulation. In contrast to single-point solutions that require…

Intergraph releases SmartPlant Construction

Intergraph (Huntsville, Ala.; www.intergraph.com) has just released SmartPlant Construction, a new SmartPlant Enterprise software module created specifically for process, power and marine firms to more efficiently plan and manage plant, ship and offshore construction, resulting in increased productivity, accelerated project completion,…

Member Exclusive

Lurgi starts up new H2 plant in Poland

Lurgi GmbH (Frankfurt, Germany; www.lurgi.com) has delivered, in less that 29 months, a new hydrogen unit to Grupa Lotos S.A.’s (www.lotos.pl) petroleum refinery in Gdansk, Poland. The plant designed and built on an EPC (engineering, procurement, construction) basis, went on stream…

Member Exclusive

Süd-Chemie expands its business in Brazil

Süd-Chemie AG (Munich, Germany; www.sud-chemie.com) is substantially expanding its position in the Brazilian growth market for bentonite-based additives used in the foundry, construction, and paper industries in a joint venture (JV) with the internationally leading and largest Brazilian group in…

Member Exclusive

Wacker exits solar-wafer business

Wacker Chemie AG (Munich, Germany; www.wacker.com) exits from the solar wafer business and will transfer its shares in its joint venture Wacker Schott Solar GmbH (WSS) to its former partner Schott Solar AG. Wacker and Schott Solar have reached agreement…

Member Exclusive

BASF and CSM to develop biobased succinic acid

BASF SE (Ludwigshafen, Germany; www.basf.com) and CSM N.V. (Diemen, the Netherlands; www.csm.nl) today announced the cooperation between their respective subsidiaries BASF Future Business GmbH and Purac for the development of the production of biobased succinic acid. Both partners have been working…

CSB reports its conclusions on the causes of massive sugar explosions

In a final draft report released today, U.S. Chemical Safety Board (CSB; www.csb.gov) investigators said the February 7, 2008, explosion at the Imperial Sugar refinery in Port Wentworth, Ga., resulted from ongoing releases of sugar from inadequately designed and maintained…