Latest News: Business
BASF to build an integrated TDI plant in Ludwigshafen
BASF SE (Ludwigshafen, Germany; www.basf.com) says it will build a single-train 300,000 metric tons per year (m.t./yr) production plant for toluene diisocyanate (TDI) and expand additional plants for its precursors at its site in Ludwigshafen. These include the construction of…
Solvay and Air Liquide form fluorine-gas JV for high-tech industries
Solvay SA (Brussels, Belgium; www.solvay.com) and Air Liquide (Paris, France; www.airliquide.com) have entered into an agreement to form a worldwide fluorine gas business joint venture (JV). It will build, own and operate modular onsite fluorine cleaning gas units for the…
Bayer MaterialScience commissions new hydrogenation technical center
Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.com) has commissioned a new technical center for the development of isocyanate production processes at Chempark Dormagen. The research center was erected in just under a year with an investment of EUR 5 million. “All…
BASF invests $50 million to acquire equity ownership position in Sion Power
BASF Corp. (Iselin, N.J.; www.basf.com) has invested $50 million to acquire an equity ownership position in privately held Sion Power (Tucson, Ariz.; www.sionpower.com), the global leader in the development of lithium-sulfur (Li-S) batteries. This equity partnership expands upon an existing…
BASF and Sinopec complete second phase of Nanjing
BASF SE (Ludwigshafen, Germany; www.basf.com) and Sonopec Corp. (Beijing, China; www.sinopec.com.cn) today inaugurated the $1.4-billion second phase of their integrated petrochemical site in Nanjing, bringing crucial chemicals to the China market that will support the development of more sustainable local…
Jacobs awarded contract for gas heat exchanger
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced today that its Chemetics unit in Pickering, Ontario, Canada has been awarded a design and fabrication contract by Ballance Agri-Nutrients for one Cold Heat Exchanger to be installed in their sulfuric acid…
UOP technology selected by Kumho P&B Chemicals
UOP LLC (Des Plaines, Ill; www.uop.com), a Honeywell company, has been selected by Kumho P&B Chemicals, Inc. (Yeosu, South Korea) to provide technology to produce key petrochemicals for the manufacture of plastics. UOP’s Q-Max and Phenol process technologies will be…
Foster Wheeler completes purchase of scrubber company
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Power Group has completed the purchase of Graf-Wulff GmbH, a German company that designs, manufactures and installs circulating dry ash fluegas-scrubbing technology for all types of boilers…
UOP’s Oleflex technology selected by Dow Chemical
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell (NYSE: HON) company, says that it has been selected by The Dow Chemical Company (Midland, Mich.; www.dow.com) to provide technology to produce propylene at a Dow production site in Texas. Dow Texas…
Global manufacturing edges back to expansion in December, ACC report says
Global manufacturing conditions edged back into expansion in December, following four straight months of contraction, according to the latest American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) Weekly Chemistry and Economic report. Citing data from the JPMorgan global manufacturing PMI…