Latest News: Business
Lummus propane-dehydrogenation technology selected for unit in China
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by the Hebei Haiwei Group for the license and basic engineering design of a grassroots propane dehydrogenation unit to be located in Jingxian, Hebei Province, China. The unit will use…
Global CPRI rose in July, ACC says
The Global Chemical Production Regional Index (CPRI) rose by 0.4% in July, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), marking the eighth month of gains. In its latest Weekly Chemistry and Economic Report, ACC says the index…
STB seeks to protect captive rail shippers from unreasonable rates
The U.S. Surface Transportation Board (STB; Washington, D.C.; www.stb.dot.gov) announced two initiatives to explore ways to further protect captive shippers from unreasonable rail rates. First, the Board proposed to reform its rules on how it resolves rate disputes to ensure…
BASF increases global PolyTHF capacity
BASF SE (Ludwigshafen, Germany; www.basf.com) has increased its global annual capacity for the production of the chemical intermediate PolyTHF (polytetramethylene ether glycol – PTMEG) from 185,000 metric tons to 250,000 metric tons. The company has continuously developed and expanded its…
SGL Group to supply HCl-recovery system to Qinghai Salt Lake Industry
Yesterday, SGL Group (Wiesbaden, Germany; www.sglgroup.com) – The Carbon Company – and Qinghai Salt Lake Industry Co. (Qinghai Salt Lake; Golmud, Qinghai, China) held a project launch ceremony to celebrate contract signing for the supply of a recovery system which…
CFATS discussed at security summit
The Chemical Facility Anti-Terrorism Standards (CFATS) were a hot topic of discussion at the Chemical Sector Security Summit & Expo, held July 30 to August 1, in Baltimore, Md. At the Congressional Perspectives Panel, Congressional staff shared their concerns on…
EPA posts plans for peer-review agenda for risk assessments
As part of the U.S. Environmental Protection Agency’s (EPA; Washington, D.C.; www.epa.gov) plan to enhance its Existing Chemicals Management Program, the agency identified 83 chemicals for further assessment under the Toxic Substances Control Act (TSCA). Initially, seven of those chemicals…
Foster Wheeler awarded contract for gas-to-chemicals complex in Brazil
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Petróleo Brasileiro S.A. (Petrobras) for a world-scale grassroots gas-to-chemicals complex in Linhares, Espirito Santo State, southeast Brazil,…
UOP technologist receives AIChE’ Gerhold Award
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that Dr. Santi Kulprathipanja has been selected to receive the 2012 American Institute of Chemical Engineers’ (AIChE) Gerhold Award. Kulprathipanja was recognized for the development of process technology used…
Chemical Activity Barometer signals slow growth for end of 2012
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) today released the third monthly report of its Chemical Activity Barometer (CAB), a leading economic indicator derived from a composite index of chemical industry activity. The August CAB showed a 0.4% growth…