10:38 PM MST | February 6, 2012 | Natasha Alperowicz
Toyo Engineering Corp., announced today that it has acquired a 47% stake in PT. Inti Karya Persada Teknik (IKPT; Jakarta). IKPT, an engineering company founded in 1982, specializes in engineering, procurement and construction (EPC) work in sectors that...
BASF has started up a 60,000 m.t./year sodium methylate plant at Guaratingueta, Brazil, the company says. BASF invested “low-double digit million euros” in the plant, which will supply the regional market in South America, it adds. The plant is...
BASF Venture Capital, a BASF subsidiary, says it has participated in a $27 million financing round by investing $5 million in Solidia Technologies (Piscataway, NJ), a start-up company developing a technology for converting waste into building materials...
This Week on CW: PPG and H.B. Fuller both reported earnings increases, mostly due to higher sales. PPG’s fourth-quarter net income rose 5% to $216 million, while H.B. Fuller’s rose 20.5%, to $26.4 million. Celanese, however, cut its...
IDEA Soda Ash and Calcium Chloride (ISACC; Al Khobar, Saudi Arabia) has awarded a contract to Jacobs Engineering to provide engineering, procurement, and construction; and project management services for a previously announced plant to produce soda ash and...
Jacobs Engineering says it has been awarded a contract by Honeywell to provide engineering services for a previously announced hydrofluoroolefin (HFO) project at Honeywell's Baton Rouge, LA facility. The expansion, announced last July, will enable the Baton...
A joint venture between Eastman Chemical and China National Tobacco Corporation today broke ground on a 30,000 m.t./year acetate two plant at Heifei, China. The plant will be in operation by the...
The Shaw Group says it has been awarded a contract by Chevron Phillips Chemical (CPChem) to license its proprietary technology and provide a process design package for CPChem’s planned 1.5-million m.t./year grassroots ethylene plant...
This Week on CW: Output growth in German chemical industry is expected to slow to 1% during 2012, according to industry association VCI (Frankfurt). The slowdown was widely predicated and related to the EU debt crisis. DuPont cut its fourth-quarter earnings...
BASF is investing $20 million to upgrade its activated alumina adsorbent products plant at Vidalia, LA. The company will transfer all adsorbents capacity to Vidalia as part of the upgrade, and will close its Port Allen, LA adsorbents plant in 2013. The...
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