Latest News: Business
Caloric to supply H2-generating plant to the Czech Republic
Caloric Anlagenbau GmbH (Gräfelfing, Germany; www.caloric.com) has won the contract for a hydrogen generating plant with a capacity of 2,000 Nm³/h based on naphtha feed stock. The hydrogen unit will be located in the Czech Republic proving hydrogen to a…
Foster Wheeler awarded PMC contract for clean-fuels project in Kuwait
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that its Global Engineering and Construction Group has been awarded a project management and consultancy (PMC) services contract by Kuwait National Petroleum Co. (KNPC) for its Clean Fuels Project at the Mina Al-Ahmadi…
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…
Jacobs receives contract from Aura Minerals for copper mine expansion
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract by Aura Minerals Inc. to provide a basic engineering package for the expansion of the process plant at its Aranzazu copper-gold-silver mine located in the state of Zacatecas, Mexico.…
MHI, Sojitz and RC receive order for acrylic acid plant from Gazprom
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.co.jp) and Sojitz Corp., jointly with Renaissance Construction (RC), have received an order from JSC Gazprom Neftekhim Salavat (GNS) of the Republic of Bashkortostan, Russian Federation, for a project to construct a new…
Oregon to have its first in-pipe hydroelectric system
The City of Portland, Oregon and Lucid Energy (Portland, Ore.; www.lucidenergy.com), have reached an agreement and are set to begin construction of the city’s first in-pipe hydropower renewable-energy system. The LucidPipe Power System project, which is slated for completion in…
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…