Latest News: Business
Dow and Davy license LP Oxo Technology to Wison (Nanjing) Clean Energy
Davy Process Technology Ltd. (DPT; London, U.K.; www.davyprotech.com), a Johnson Matthey company, and The Dow Chemical Company’s (Midland, Mich.; www.dow.com) Oxygenated Solvents business announced that Wison (Nanjing) Clean Energy Co. (Wison Energy), a member company of the Wison Group (www.wison.com) located in…
Toyo awarded energy-optimization project at Sabic
Toyo Engineering Corp. (Toyo; Chiba, Japan; www.toyo-eng.co.jp) was awarded an energy optimization project for one of Saudi Basic Industries Corp.’s (Sabic; ; Riyadh, Saudi Arabia; www.sabic.com) existing ammonia plant and pack age boilers at Al-Jubail Fertilizer Co. (Al-Bayroni) in the…
Oxea to build its first production plant in China
Oxea GmbH (Oberhausen, Germany; www.oxea-chemicals.com) says it will build its first chemical plant for the production of oxo derivatives in Nanjing, China, in 2012. Scheduled to go on-stream in 2013, the new state-of-the-art plant will serve the fast-growing demand for oxo…
DOE to invest $60 million to develop CSP technologies
As part of the U.S. Dept. of Energy’s (DOE; Washington, D.C.; www.energy.gov) SunShot Initiative, Energy Secretary Steven Chu today announced a $60 million investment over three years for applied scientific research to advance cutting-edge concentrating solar power (CSP) technologies. CSP…
Lummus Technology lands contract in China
CB&I (The Woodlands, Tex.; www.cbi.com) announced today that Lummus Technology has been awarded a contract by China Coal Shaanxi Yulin Energy & Chemical Co. Ltd. for the license and engineering design of two light olefins recovery units. The plants will…
CB&I: Contract for sulfuric-acid-akylation unit in China
CB&I (The Woodlands, Tex.; www.cbi.com) announced today that Lummus Technology has been awarded a contract by Ningbo Haiyue New Material Co. Limited for the license and engineering design of a grassroots sulfuric-acid-alkylation unit to be built near Ningbo City, Zhejiang…
CB&I awarded technology contracts in the Philippines
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded contracts by Petron to supply sulfur recovery, tail gas treating and hydrogen plant technologies for the Bataan Refinery upgrading project (RMP-2) in the Philippines. CB&I’s combined contracts, which are third quarter awards,…
GE and Penrice consortium plans to build brine pilot plant with coal-seam gas producer
A consortium of GE (Fairfield, Conn.; www.ge.com) and Penrice Soda Holdings Ltd. (Osborne, South Australia; www.penrice.com.au) today announced an agreement with Australian coal-seam gas producer QGC Pty. Limited to design, build and operate a brine pilot plant at Penrice's chemical…
U.S. Federal Reserve districts report modest economic growth; evidence for recession absent, ACC report says
Reports on regional economic conditions submitted to the U.S. Federal Reserve by district banks indicate that overall economic activity continued to expand last month, albeit at a slow pace, according to the most recent Weekly Chemistry and Economic Report from…
New Topsøe methanol plant started up in Russia
On October 20, the official ceremony of commissioning of the new 1,350 metric tons per day. Topsøe methanol plant took place in OAO ShchekinoAzot, Russia. The contract for engineering and supply between Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) and OAO…