Latest News: Business
BASF increases production capacity for methanesulfonic acid in Ludwigshafen
After a construction time of nearly two years, BASF SE (Ludwigshafen, Germany; www.basf.com) has now started up production in the plant extension used to manufacture methanesulfonic acid in Ludwigshafen. BASF is said to be the world’s leading manufacturer of methanesulfonic…
BASF building production plant for specialty zeolites in Ludwigshafen
BASF SE (Ludwigshafen, Germany; www.basf.com) is investing in the construction of a production plant for specialty zeolites at its Ludwigshafen, Germany, headquarters site. The plant is expected to start up operations in the first quarter of 2014, significantly increasing BASF’s…
Foster Wheeler awarded contract for new Terrace Wall steam reformer in Russia
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by JSC Gazprom Neftekhim Salavat, for the engineering and material supply of a new double-cell…
Foster Wheeler awarded BEP for MEG facility in Qatar
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) say that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Shell Global Solutions International B.V. to develop a basic engineering package (BEP) for a world-scale mono-ethylene glycol…
Shell to construct world’s first oil sands CCS project
Shell (www.shell.com) says it will go ahead with the first carbon capture and storage (CCS) project for an oil sands operation in Canada. The so-called Quest project will be built on behalf of the Athabasca Oil Sands Project joint venture…
SNC-Lavalin awarded EPCM contract for copper project in Chile
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com) has been awarded a contract by Minera Antucoya S.A., a subsidiary of Antofagasta Minerals S.A. (AMSA), to provide overall management, detailed engineering, procurement and construction management (EPCM) services for the Antucoya project in Chile.…
Lanxess to build world’s largest EPDM plant in China
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is building the world’s largest plant for EPDM (ethylene propylene diene monomer) synthetic rubber in China. The company is investing €235 million in the plant in Changzhou (Jiangsu Province). This is the largest investment the…
Federal Reserve district reports suggest gradual economic growth, ACC report notes
The most recent reports from the twelve districts of the U.S. Federal Reserve suggest that economic activity continued to expand gradually in July and early August across most regions and sectors, according to data discussed in the Weekly Chemistry and…
Air Products to build a new ASU to supply Cangzhou Zhengyuan Fertilizer
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed a long-term contract with Cangzhou Zhengyuan Fertilizer Co., and will build, own and operate an air separation unit (ASU) and integrated gas liquefier in Hebei Province, China. The ASU will produce approximately…
Linde to build Vietnam’s largest ASU
The Linde Group (Munich, Germany; www.linde.com) has been awarded a long-term contract to supply Vietnamese steel-company POSCO SS-Vina (PSSV) with industrial gases. PSSV and local Group member Linde Gas Vietnam (LGV) recently signed an agreement to this effect. The deal…