Latest News: Business
Outotec to provide gas cleaning, sulfuric acid and effluent-treatment technologies for Namibia Custom Smelters
Outotec Oyj (Espoo, Finland; www.outotec.com) and Namibia Custom Smelters have agreed on the design and delivery of a gas cleaning system, sulfuric acid plant and related technologies downstream of the existing copper smelter in Tsumeb, North Province of Namibia. The…
Toyo wins fertilizer plant order in Indonesia
The consortium of Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) and PT Rekayasa Industri (Rekind) has received an award as the result of the international bid for a fertilizer project from the state-owned Indonesian fertilizer company, PT Pupuk Sriwidjaja Palembang…
AkzoNobel to divest its North American Decorative Paints business
AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) today announced the divestment of its North American Decorative Paints business to PPG Industries, Inc. (PPG; Pittsburgh, Pa.; www.ppg.com), for the value of $1.05 billion. In 2011, the North American Decorative Paints business had revenues…
Trade surpluses projected for U.S. chemicals, ACC says
The trade surplus of U.S. chemicals will expand to $2.4 billion in 2013 and to $3.3 billion in 2014, according to projections in the 2012 Year-End Situation and Outlook report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “Renewed…
KBR awarded ammonia-technology license agreement by Indorama
KBR (Houston; www.kbr.com) announced today that Indorama Eleme Fertilizer & Chemicals Ltd. (“Indorama”) has selected KBR to provide ammonia technology for its planned grassroots ammonia plant in Port Harcourt, Nigeria. KBR will license its ammonia technology to Indorama to operate…
Outotec gets marketing rights for Ausmelt TSL zinc fuming technology
Outotec Oyj (Espoo, Finland; www.outotec.com) has received the global marketing rights for the Ausmelt Top Submerged Lance (TSL) technology for the fuming of zinc bearing residues from Korea Zinc Co. Prior to the Outotec acquisition of Ausmelt Ltd. in 2010,…
CP Kelco announces CMC capacity expansion plans
CP Kelco (Atlanta, Ga.; www.cpkelco.com), a world-leading carboxymethyl cellulose (CMC) producer, today announces plans to increase capacity at its production facility in Äänekoski, Finland. CP Kelco will be expanding purified CMC capacity up to 25% at this facility over the next…
ECHA regulatory review contradicts U.S. classification on formaldehyde
Normal 0 According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the European Chemicals Agency (ECHA; Helsinki, Finland; echa.europa.eu) Committee for Risk Assessment (RAC) announced on December 7, 2012, that it disagreed with a request to classify formaldehyde as…
U.S. specialty chemical sales volume declines in October, ACC says
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Stamicarbon wins licensing and supply contracts for urea plant in China
Stamicarbon B.V. (Sittard, The Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it), has been awarded two contracts for a new urea plant with Inner Mongolia Erdos Chemical Industry Group Co. in the People’s Republic…