Mobile Navigation

Latest News: Business

SPI: U.S. Plastics Industry "Faring Significantly Better" Than Other Manufacturing Sectors

At a press briefing held via Web conference today, the Society of the Plastics Industry, Inc. (SPI) presented the results for two of the society's major reports: "Global Business Trends" and "Size and Impact of the Plastics Industry on the…

GE Oil & Gas to Supply Ethylene Plant in Saudi Arabia

GE Oil & Gas will supply three compression trains for a new, large-scale ethylene cracker plant in Al-Jubail, Saudi Arabia, which will have a capacity of 1.165 million ton/yr when it enters commercial service in 2011 for Saudi Chevron Phillips…

Member Exclusive

New study: Volume of 2007 chemical business deals likely to surpass 2006 levels

Total chemical-deal value for the first three quarters of 2007 exceeded total deal value for all of 2006 ($88 billion versus $51 billion, respectively), says a recent report from PricewaterhouseCoopers entitled Chemical Compounds. The quarterly report on the state of…

ChE Students Compete on Alternatively Fueled Cars

SALT LAKE CITY – The American Institute of Chemical Engineers (AIChE) has announced that The Cooper Union, took top honors at the national Chem-E-Car competition in Salt Lake City, Utah on Sunday. The team’s car, “Cooper Shooter”, was powered by…

Honeywell announces $9.1-million control valve contract for Qatar GTL plant  

Honeywell Process Solutions (www.honeywell.com/ps) has announced a $9.1-million agreement to provide control valves for the new integrated Pearl Gas-to-Liquids (GTL) plant in Qatar, a partnership between Qatar Shell GTL Ltd. (Shell) and Qatar Petroleum. The project’s main engineering, procurement and…

Member Exclusive

Plans for biodiesel plant in Argentina    

Integrated Biodiesel Industries, Ltd (IBI; Sao Paulo) has signed a Letter of Intent with port operator Terminal Puerto Rosario S.A. (TPR) to build a 60,000-m.t./yr biodiesel plant inside its facilities in the city of Rosario, Argentina. TPR will offer existent…

Member Exclusive

PetroChina selects Basell’s technology for two plants in China

PetroChina Company Ltd. has selected Basell's Hostalen technology for two new high density polyethylene (HDPE) plants; a 300,000 ton/yr plant in Chengdu, Sichuan province, and a 350,000 ton/yr plant in Fushun, Liaoning province, China. Startup for both plants is expected…

Member Exclusive

Dow completes acquisition of Edulan  

The Dow Chemical Company (Dow) announced that it has completed the acquisition of Edulan A/S, an independent polyurethane systems house specializing in rigid foam and elastomer formulation technologies. In addition to Edulan’s business and production facility in Denmark, Dow also…

Member Exclusive

BASF Catalysts expands plant for polypropylene catalysts

BASF Catalysts (Iselin, N.J.; www.basf.catalysts.com) is expanding production at its facility in Tarragona, Spain, which manufactures catalysts used to make polypropylene. Once complete by September 2008, the project will increase capacity by more than 25%, enabling the plant to meet…

Member Exclusive

The economic outlook: 2008 and beyond

“This is the first time since the early 1970s there have been four strong years in a row; every piston of the economic engine was running,” says Dr. Thomas K. Swift, chief economist for the American Chemistry Council “We have…