Latest News: Business
Lanxess to build new pigment plant in China
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is expanding its global production network for inorganic pigments in China. A new high-tech facility for premium iron-oxide red pigments is being constructed at the Ningbo Chemical Park on the Chinese East Coast. The plant,…
Air Products’ Phase One Carbon Capture Project onstream in Texas
Described by the U.S. Dept. of Energy (DOE; Washington, D.C.; www.energy.gov) as a milestone in DOE’s Industrial Carbon Capture and Storage (ICCS) program, Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced today that Phase One of its two-stage carbon-capture project in…
Bechtel acquires Chevron’s WWT Process
Bechtel (Houston; www.bechtel.com) has purchased Chevron’s Waste Water Treatment (WWT) Process, a technology that improves the efficiency of petroleum refineries. The WWT Process is a proprietary, two-stage sour-water-stripping process that separates ammonia and hydrogen sulfide streams from sour waters generated…
Messer produces pure CO2 from waste gas in China
The largest privately managed industrial gas specialist, Messer Group GmbH (Bad Soden, Germany; www.messergroup.de) and Sichuan Meifeng, a Chinese chemicals company, have signed a joint-venture (JV) agreement to found Sichuan Meifeng Messer Gas Products. The JV will invest some €7.24…
CAB rises for sixth consecutive month, ACC says
The monthly Chemical Activity Barometer (CAB), from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose in January by 0.8 percentage points, the sixth consecutive month that the leading macroeconomic indicator has increased. The CAB for December 2012 was revised…
Butyric acid debottleneck project will add capacity
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced today a debottleneck of butyric acid production capacity at its Kingsport, Tennessee, facility. The debottleneck, scheduled for completion in the fourth quarter of 2013, will add an additional 11 million pounds of capacity…
Lanxess expands dichlorobenzene capacity at Leverkusen facility
Lanxess AG (Leverkusen, Germany; www.lanxess.com) has increased its dichlorobenzene capacity by more than 15%. It has done so by installing an additional crystallizer at the Leverkusen site, thereby enabling it to produce more high-purity p-dichlorobenzene for the global market. Some…
Technip awarded PTA-contract contract by JBF Petrochemicals
Technip (Paris, France; www.technip.com) was awarded by JBF Petrochemicals, a wholly–owned subsidiary of JBF Industries Ltd, a for a 1.25-million ton/yr, latest-generation purified terephthalic acid (PTA) unit, to be located in the Special Economic Zone in Mangalore, India. PTA is…
Linde and Forest BtL sign licensing agreement for Carbo-V technology
Linde Engineering Dresden GmbH, a subsidiary of The Linde Group (Munich, Germamy; www.linde.com) has signed an agreement with the Finnish Forest BtL Oy for the licensing of the biomass gasification technology Carbo-V, which will be implemented in a new Biomass–to-Liquid…
Petronas and Evonik sign LoI for projects in ‘Rapid Project’
Petronas (Kuala Lumpur, Malaysia; www.petronas.com.my) and Evonik Industries AG Essen, Germany; www.evonik.com) signed a Letter of Intent (LoI) to jointly embark on the development of production facilities of specialty chemicals within Petronas’ Refinery & Petrochemical Integrated Development (Rapid) project in…