Latest News: Business
Shaw to sell Energy & Chemicals Group to Technip
The Shaw Group Inc. (Baton Rouge, La.; www.shawgrp.com) has entered into a definitive agreement to sell substantially all of its Energy & Chemicals business to Technip (Paris, France; www.technip.com). Under the terms of the agreement, Technip will acquire substantially all…
Fluor completes polysilicon plant in China for LDK Solar
Fluor Corp. (Irving, Tex.; www.fluor.com) has completed construction for LDK Solar’s (www.ldksolar.com) polysilicon plant in Xinyu City, China, one of the largest such production facility in the world. Fluor provided engineering, procurement and construction management services for the plant, which…
Ma’aden awards Bechtel prefeasibility copper and zinc smelter study
The Saudi Arabian Ma’aden Aluminium Company has awarded Bechtel Corp. (San Francisco, Calif.; www.bechtel.com) the prefeasibility study contract for its proposed copper and zinc smelter projects on the Saudi Arabian Gulf Coast. The multibillion-dollar projects are set to include the…
WorleyParsons: EPCM contract for major chemicals projects in Brazil and China
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded the engineering, procurement and construction management (EPCM) services contract for the delivery of acrylic chemicals projects for BASF SE (Ludwigshafen, Germany; www.basf.com). The projects include the design and construction of acrylic…
Outotec’s EOS process selected for next BPSL sinter project in India
Outotec Oyj (Espoo, Finland; www.outotec.com) has been selected by the Indian Bhushan Power & Steel Ltd. (BPSL) to design and deliver technology for a new iron-ore sintering plant to be built in Rengali in the state of Orissa. The contract…
Evonik to expand its ThreAmino capacity in Europe
Evonik Industries AG (Essen, Germany; www.evonik.com) announces a capacity increase of ThreAmino (L-threonine) at Evonik Agroferm Zrt. (Kaba, Hungary), a 100% affiliated company of Evonik. The nameplate capacity is expected to be expanded to 30,000 metric tons (m.t.) L-threonine (feed…
Deutsche Nanoschicht launches new HT superconductors
High-temperature (HT) superconductors can be manufactured much more efficiently and with less environmental impact by means of the innovative production process developed by technology company Deutsche Nanoschicht GmbH (Rheinbach, Germany; www.d-nano.com). Superconductors carry current virtually without loss, so they allow…
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…
Jacobs receives contract from Evonik for new chemical plant
Jacobs Engineering Group Inc. (Pasadena, Calif; www.jacobs.com) says it was awarded a contract from Evonik Industries AG (Essen, Germany; www.evonik.com) to provide basic engineering services for an investment in a grassroots polyamide-12 production facility in Asia. Officials did not disclose…