Latest News: Business
Outotec receives a major filtration technology order from Brazil
Outotec Oyj (Espoo, Finland; www.outotec.com) and the Brazilian mining company MMX Mineração e Metálicos S.A. have signed a contract for the filter technology delivery to the expansion of the Serra Azul iron ore processing facility in Minas Gerais, Brazil. The…
Pörner Group hands over formalin plant to Lanxess
The Pörner Group’s (Vienna, Austria; www.poerner.at) facility in Grimma, Germany, handed over a turn-key formalin plant in Krefeld-Uerdingen, Germany to Lanxess Deutschland GmbH (Leverkusen, Germany; www.lanxess.com) after only 16 months of construction. The plant with a capacity of 150,000 metric…
GE and Shenhua open cleaner-coal-technology JV in China
GE (Atlanta, Ga.; www.ge.com) announced today the opening of GE Shenhua Gasification Technology Co., a 50-50 joint venture (JV) with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. The new company combines GE’s…
BASF acquires fatty acid maker Equateq
BASF (Ludwigshafen, Germany; www.basf.com) today announced the acquisition of Equateq Ltd., a global leader in the manufacturing of highly concentrated omega-3 fatty acids. With the acquisition, BASF extends its portfolio of omega-3 products for the pharmaceutical and dietary supplement industries…
Air Products signs long-term supply contract with National Helium
Air Products (www.airproducts.com) has signed a long-term helium supply contract with National Helium LLC, a wholly-owned subsidiary of DCP Midstream. The feedstock from National Helium provides the base-load helium volume for Air Products’ liquid helium plant located near Liberal, Kansas,…
Honeywell Green Diesel to be produced from biofeedstocks in U.S. facility
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that it has signed an agreement to license technology to Emerald Biofuels LLC to produce Honeywell Green Diesel at a facility in Louisiana. Emerald is expected to use UOP’s Eni…
Cybersecurity bill approved to ease information sharing
The U.S. House of Representatives voted to pass the Cyber Intelligence Sharing and Protection Act (CISPA), a measure that would ease information sharing among chemical firms and other companies with facilities that are vulnerable to cyberattacks. The bill has been…
BASF to build formic acid plant in Louisiana
BASF Corp. (Florham Park, N.J.; www.basf.us) today announced plans to build a state-of-the-art production plant for formic acid at its integrated facility in Geismar, La. Slated to start up in the second quarter of 2014, the new plant will…
Purchasing managers index up more than expected in April, ACC report says
Citing data from the Institute for Supply Management, the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said that the purchasing managers index (PMI) increased by a greater-than-expected 1.4 points to 54.8 in April. In this type of index, values above…
KBR selected to construct shale-gas processing facility
KBR (Houston; www.kbr.com) was awarded a general works contract for the construction of a 200-million standard cubic feet per day, sweet natural-gas processing plant near Fort St. John, British Columbia, Canada. KBR’s Canadian subsidiary, KBR Wabi, will execute all mechanical,…