Latest News: Business
Bechtel awarded $3.9-billion contract for Sabine Pass LNG expansion
Bechtel Corp. (Frederick, Md.; www.bechtel.com) has been selected by Cheniere Energy Partners, L.P. to provide engineering, procurement, and construction services for two new liquefaction trains at the Sabine Pass liquefied natural gas (LNG) terminal in Cameron Parish, Louisiana. The project…
UOP technology to clean natural gas on FPSO vessels in Brazil
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that Modec, Inc. has commissioned a UOP Separex membrane system for processing natural gas on a new Floating Production, Storage and Offloading (FPSO) vessel. The FPSO is using the…
MHI begins installation of radioactive-waste storage-facility equipment at Fukushima Daiichi
Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo, Japan; www.mhi.co.jp) has begun installation work of the equipment at the site of the Fukushima Daiichi Nuclear Power Station operated by Tokyo Electric Power Company, Inc. (Tepco; www.tepco.co.jp), to deliver a facility to temporally…
Cristal Global announces TiO2-industry partnership with Outotec
Cristal Global (Jeddah, Saudi Arabia; www.cristalglobal.com), one of the leading vertically integrated titanium-chemicals companies in the world, has announced a “groundbreaking” partnership with Outotec Oyj (Espoo, Finland; www.outotec.com), a leading provider of sustainable minerals and metals processing solutions. The parties…
Lanxess acquires U.S. biocide specialist Verichem
Lanxess AG (Leverkusen, Germany) is strengthening its portfolio of biocides with the acquisition of Verichem Inc. (Pittsburgh, Pa.). As a result, the German specialty chemicals company will significantly bolster its position in the U.S. material protection market and broaden its…
U.S. wholesale chemical trade surges upward, but overseas recession likely
Sales of chemicals at the wholesale level increased by 7.8% in October, according to data from the U.S. Census Bureau that was discussed in the latest installment of the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Weekly Chemistry and Economic…
LanzaTech makes its first commercial sale
LanzaTech (Roselle, Ill.; www.lanzatech.com) has just signed its first commercial customer, marking a milestone in the clean energy technology company’s global development. The customer is Concord Enviro Systems (India) Pvt. Ltd (CES), a Mumbai-based company which has broad ranging investments…
Siemens to acquire Vistagy
Siemens AG (Munich, Germany; www.siemens.com) expands its industrial software portfolio with the acquisition of Vistagy, Inc. (Waltham, Mass.), a leading supplier of specialized engineering software and services with emphasis on designing and manufacturing structures made of advanced composite materials. An…
Fluor acquires sulfur technology company
Fluor Corp. (Irving, Tex.; www.fluor.com) has made a niche acquisition of Goar, Allison & Associates, a unit of Air Products. The Tyler, Texas-based company provides sulfur technologies for upstream gas plants, downstream refineries and gasification. The acquisition is consistent with…
Outotec process technology for copper-molybdenum project in Chile
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract with Quadra FNX Mining Ltd. for the design and delivery of process solution to the new copper-molybdenum concentrator located in Sierra Gorda, close to Antofagasta in northern Chile. The contract value…