The value of the 2022 Chemical Engineering Plant Cost Index (CEPCI) exceeded the previous year’s value by a significant margin. The rise in the 2022 CEPCI echoes the large increase observed for the 2021 annual CEPCI value, and places the…
Axens (Rueil-Malmaison, France) is supplying the process design packages for the gas treatment of two Gas Plants located in North Kuwait, which EPC are managed respectively by SPETCO and Jereh. Axens licenses two HySWEET units for the acid gas removal,…
Evonik Industries AG (Essen, Germany) has officially begun construction of its $220 million global-scale production facility for pharmaceutical specialty lipids in Lafayette, Indiana, in the United States. The new facility is expected to secure the industry’s access to critical excipients…
Metso Outotec Oy (Helsinki, Finland) has completed the strategic review of its Metals business. As a conclusion, the company has decided to initiate the divestment of two of its three Metals businesses: Metals & Chemical Processing and Ferrous & Heat…
The U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.7% in February, following declines of 2.4% in December and 0.6% in January, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “February marked a slight rebound and rise…
S-OIL Corp. (Seoul, South Korea) has selected Univation's UNIPOL PE Technology for three world-scale production lines to be located at S-OIL's site at Ulsan, the Republic of Korea. Each line is designed to achieve a nameplate capacity of 400,000 metric…
Hexcel Corp. (Stamford, Conn.) hosted public officials, customers and local contractors at its manufacturing site in West Valley City, Utah as the company held a grand opening and ribbon cutting on March 22 for its new Center of Research &…
PowerCo, the new battery company of the Volkswagen Group, and Umicore N.V. (Brussels, Belgium) have obtained full regulatory approvals for their joint venture announced in September 2022. The partners can now swiftly proceed to prepare for large-scale industrial production of…
Advanced analytics applications are a key component to create actionable insights using statistical analysis techniques In chemical manufacturing, deviation monitoring and detection play a key role in safeguarding production, reliability, and product quality. However, different processes often require different tools…
KBR, Inc. (Houston) announced today that it has acquired Acetica, an acetic acid production technology, which expands KBR's petrochemicals value chain through a profitable pathway for CO2 utilization. This technology will enable the back-integration of CO2 from carbon capture to…