Chemical Engineering August 2013 - 57

Economic Indicators
BUSINESS NEWS
PLANT WATCH
Sasol awards integrated complex
contract to WorleyParsons
July 11, 2013 - WorleyParsons Ltd. (North
Sydney, Australia; www.worleyparsons.com)
has been awarded a contract by Sasol
North America, Inc. (Sasol) for an integrated
gas-to-liquids (GTL) and ethane-cracker
complex, which includes an ethane cracker
producing 1.5 million metric tons per year
(m.t./yr) of ethylene with downstream derivative
plants and a 96,000-bbl/d GTL facility.
It will be located near Sasol's existing chemical
complex in southwest Louisiana. Project
costs are estimated to be $16 to 21 billion.
CNOOC selects Ineos Technologies'
process for a new project in China
July 11, 2013 - Ineos Technologies (Rolle,
Switzerland; www.ineos.com) has licensed
its Innovene S Process for the manufacture
of 400,000 m.t./yr of medium-density and
high-density polyethylene to CNOOC Oil
and Petrochemical Co. for its cracker complex
located in Huizhou City, Guangdong
Province of China.
Teijin to build new meta-aramid fiber
plant in Thailand
July 11, 2013 - Teijin Ltd. (Tokyo, Japan;
www.teijin.co.jp) has developed a new
heat-resistant, dyeable meta-aramid fiber,
which the company will produce in a facility
in Ayutthaya Province, Thailand. Construction
begins Dec. 2013 and production is
scheduled for July 2015. Teijin will invest
around ¥4.5 billion ($45 million) to build the
plant on the premises of Teijin (Thailand) Ltd.
EuroChem announces fertilizer project
in Louisiana
July 10, 2013 - Fertilizer company EuroChem
(Moscow, Russia; www.eurochem.ru)
announced intention to build an ammonia
and urea production plant in Louisiana. The
project requires an estimated investment
of approximately $1.5 billion and four years
of construction work. EuroChem expects to
finalize its decision on the parameters and
location of the facility within the next year.
Clariant and Wilmar receive clearance
to establish JV
July 8, 2013 - Clariant International Ltd.
(Muttenz, Switzerland; www.clariant.com), a
specialty chemicals producer, and Wilmar
International Ltd., an Asian agribusiness
group, have received merger clearances
for the establishment of a 50-50 joint venture
(JV), which is now in operation. The JV is
headquartered in Singapore.
Praxair enters into industrial gas JV
with Kuibyshevazot
July 2, 2013 - Praxair, Inc. (Danbury, Conn.;
www.praxair.com) has entered into an agreement
to form a JV with OJSC KuibyshevAzot
(Moscow, Russia; www.kuazot.ru), in Russia's
Samara region, to produce and sell industrial
gases. The JV will produce on-site O2, N2 and
compressed dry air for KuibyshevAzot's caprolactam,
fertilizer and ammonia production, as
well as liquid gases. Praxair and KuibyshevAzot
will construct a new air-separation unit that
will produce 1,400 m.t./d of O2, N2 and argon,
and is scheduled to start up mid-2016.
Technip awarded contract for
two hydrogen reformers in Venezuela
July 1, 2013 - Technip (Paris, France; www.
technip.com) was awarded a contract by
the Hyundai-Wison consortium for two hydrogen
reformers in Venezuela. The contract
covers the complete engineering, fabrication,
modularization, procurement as well as
pre-commissioning and start-up assistance.
These 151,000-Nm3/h reformers are part of
the Deep Conversion project for Petroleos
de Venezuela SA to upgrade the Puerto La
Cruz refinery. The project is scheduled for
completion in mid-2014.
SGL Group and Samsung establish
JV for carbon composites
June 20, 2013 - SGL Group (Wiesbaden, Germany;
www.sglgroup.com) and Samsung
Petrochemical have established a marketing
and sales JV for carbon-fiber-composite
materials. The partners will each hold a 50%
share. The JV will operate under the name
Samsung SGL Carbon Composite Materials.
The JV will be headquartered in Ulsan, South
Korea, at a Samsung Petrochemical facility.
Unipol technology selected for
Qatar's first polypropylene plant
June 19, 2013 - Union Carbide Chemicals
& Plastics Technology LLC, a wholly owned
subsidiary of The Dow Chemical Company
(Midland, Mich., www.dow.com), has
signed a license agreement with Qatar
Petroleum/Qatar Petrochemical Company
(QP/QAPCO), for Unipol Polypropylene
(PP) Process Technology. Unipol PP will be
licensed at QP/QAPCO's facility to be located
in Ras Laffan, Qatar. Slated to produce
540,000 m.t/yr of PP, the QP/QAPCO facility
will be Qatar's first polypropylene plant.
MERGERS AND ACQUISITIONS
Michelman acquires Ecronova Polymer,
adds water-based polymer capabilities
July 9, 2013 - Michelman, Inc. (Cincinnati,
Ohio; www.michelman.com) has acquired
Ecronova Polymer GmbH (Recklinghausen,
Germany), a manufacturer of water-based
polymers. The purchase includes all assets,
technology and manufacturing facilities.
The name Ecronova Polymer will continue to
be used for business operations.
Huntsman signs agreement
to acquire Oxid
July 8, 2013 - Huntsman Corp. (The
Woodlands, Tex.; www.huntsman.com) has
signed an agreement to acquire Oxid L.P.,
a privately held manufacturer of specialty
urethane polyols based in Houston. The
financial terms of the agreement were not
disclosed. The transaction is expected to
close during the 3rd quarter of 2013. Oxid
generated $86 million of revenue in 2012.
Borealis acquires GPN and majority
of Rosier European market
July 1, 2013 - Borealis AG (Vienna, Austria;
www.borealisgroup.com) says it has fully
acquired GPN SA from the Total Group. GPN
S.A. is France's largest nitrogen fertilizer
manufacturer. GPN employs around 760
employees in France, all of whom will be
transferred to Borealis. On the same date,
Borealis closed an agreement with Total S.A.
to acquire its majority interest in Rosier S.A., a
mineral fertilizer manufacturer. Rosier generated
sales of €278 million in 2012.
Siemens acquires rolling mill specialist
Service Guide
July 1, 2013 - Siemens Industry AG (Erlangen,
Germany; www.siemens.com/industry)
announced it has completed the acquisition
of Service Guide, Inc. (Cortland, Ohio), which
provides repair and refurbishing services for
steel and aluminum mills. Financial details of
the transaction will not be disclosed.
Novozymes acquires agricultural
company TJ Technologies
June 26, 2013 - Novozymes (Copenhagen,
Denmark; www.novozymes.com), has
signed a definitive agreement to acquire
South Dakota-based TJ Technologies Inc.,
whose annual revenue is approximately $15
million. The financial terms of the agreement
were not disclosed. ■
Mary Page Bailey
FOR ADDITIONAL NEWS AS IT DEVELOPS, PLEASE VISIT WWW.CHE.COM
August 2013; VOL. 120; NO. 8
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CHEMICAL ENGINEERING WWW.CHE.COM AUGUST 2013 55

http://www.worleyparsons.com http://www.michelman.com http://www.praxair.com http://www.kuazot.ru http://www.huntsman.com http://www.ineos.com http://www.technip.com http://www.borealisgroup.com http://www.teijin.co.jp http://www.sglgroup.com http://www.siemens.com/industry http://www.eurochem.ru http://www.dow.com http://www.novozymes.com http://www.clariant.com http://WWW.CHE.COM http://WWW.CHE.COM

Chemical Engineering August 2013

Table of Contents for the Digital Edition of Chemical Engineering August 2013