Specialty chemicals group Lanxess AG (Leverkusen, Germany; www.lanxess.com) has successfully completed the acquisition of an approximate 70 % holding in Petroflex S.A., Latin America’s biggest rubber producer. Lanxess is paying some 200-million euros for the package of shares. The transaction…
Genencor International, Inc., a part of Danisco US Inc., has completed a commercial license agreement for the use of the Red/ET recombination technology from Gene Bridges GmbH (Heidelberg, Germany; www.genebridges.com). Under the terms of the agreement, Gene Bridges has licensed…
Bulkflow Technologies, Inc. has changed its corporate name to Solex Thermal Science, Inc. to more accurately reflect the strengths of the company. The name change becomes effective March 31, 2008. Founded in 1999 as Bulkflow Technologies, Inc. Solex Thermal Science,…
Invensys Process Systems (www.ips.invensys.com) has been awarded a multi-million dollar contract by Simon Carves Ltd. to provide an InFusion Enterprise Control System through an engineering, procurement and construction (EPC) contract for PTT Polyethylene Co. Ltd. (PTT PE). Invensys will provide…
Evonik Industries AG (Essen, Germany; www.evonik.com) and the Russian JSC Sibur Holding (Moscow) have agreed to start an exclusive feasibility study regarding the possible construction of a facility to produce propylene oxide (PO), together with hydrogen peroxide, for use in…
Lummus Technology (The Woodlands, Tex.), a CB&I company (www.cbi.com), has been awarded a contract valued at approximately $140 million for cracking heaters for a Middle East petrochemical complex. The contract, which is scheduled to be complete in late 2009, consists…
Sibur LLC has selected Ineos’ Innovene PP Process for a new 200,000 m.t./yr polypropylene (PP) plant to be constructed at the production site of Tomskneftekhim LLC, Tomsk, Russian Federation. The Tomsk plant will be the nineteenth to use the Innovene…
Linde Nippon Sanso (LNS), a company of The Linde Group (Munich, Germany; www.linde.com), has signed an exclusive contract with Malibu GmbH & Co. KG (Bielefeld, Germany), to supply all of the gases needed to make photovoltaic modules. The long-term contract…
GEA PHE Systems, Inc. (York, Pa.; www.geaphena.com) a leading international supplier of plate heat exchangers (PHE), has acquired the assets of Canadian PHE specialist ViEX, based in Newmarket near Toronto. Hence, GEA continues their successful growth path and now offers…
Elcogas S.A., a company owned by the Spanish energy group ENDESA, together with other European utilities (EDF, Iberdrola, EDP, ENEL) will celebrate 10 years’ operation of its integrated gasification combined-cycle (IGCC) power plant in March 2008. The plant in Puertollano,…